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Walmart plans job cuts in restructuring push to simplify operations
Business

Walmart plans job cuts in restructuring push to simplify operations

(Reuters) -U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to simplify…

May 21, 2025
AT&T agrees to buy Lumen’s consumer fiber business for $5.75 billion
Business

AT&T agrees to buy Lumen’s consumer fiber business for $5.75 billion

By Milana Vinn (Reuters) -AT&T has clinched a deal to acquire Lumen Technologies’ consumer fiber operations for $5.75 billion in…

May 21, 2025
Bitcoin surges to all-time peak as crypto sentiment improves

Bitcoin surges to all-time peak as crypto sentiment improves

By Samuel Indyk, Alun John, Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Bitcoin rose to its highest level on record on Wednesday,…

May 21, 2025
Nike set to raise prices next week, plans to sell on Amazon again
Business

Nike set to raise prices next week, plans to sell on Amazon again

(Reuters) -Nike is planning to raise prices of some products from next week and will sell items on Amazon after…

May 21, 2025
Newsletters

Nvidia Expands Chip Strategy With Infineon Partnership

What NVIDIA’s 0B Move Could Mean for the Next Tier of Builders Uber disrupted taxis, Airbnb hotels… Now this company…

May 20, 2025
Kraft Heinz looking at M&A opportunities; Berkshire Hathaway leaves board
Business

Kraft Heinz looking at M&A opportunities; Berkshire Hathaway leaves board

(Reuters) -Kraft Heinz said it was looking at strategic transactions as demand for its pricey snacks and ready-to-eat meals weakens…

May 20, 2025
Microsoft to offer rival AI models from own data center; launches AI coding agent
Business

Microsoft to offer rival AI models from own data center; launches AI coding agent

By Stephen Nellis SEATTLE (Reuters) -Microsoft said on Monday it would offer new AI models made by Elon Musk’s xAI,…

May 20, 2025
Trump selects $175 billion Golden Dome defense shield design, appoints leader

Trump selects $175 billion Golden Dome defense shield design, appoints leader

By Mike Stone and Jeff Mason WASHINGTON (Reuters) -President Donald Trump said on Tuesday he had selected a design for…

May 20, 2025
German chipmaker Infineon to work with Nvidia on power delivery chipsĀ 
Business

German chipmaker Infineon to work with Nvidia on power delivery chipsĀ 

By Stephen Nellis SAN FRANCISCO (Reuters) -German chipmaker Infineon said on Tuesday it will work with Nvidia on developing chips…

May 20, 2025
Newsletters

Tesla Mixes It Up With New Boardroom Talent

How to Claim Your Stake in SpaceX with 0 Uber disrupted taxis, Airbnb hotels… Now this company targets the $500B…

May 16, 2025

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