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Category: Business

Deere says higher borrowing costs will hit demand in coming year
Business

Deere says higher borrowing costs will hit demand in coming year

By Bianca Flowers and Shivansh Tiwary (Reuters) -Deere & Co forecast 2024 profits below analysts’ expectations on Wednesday, saying high…

November 22, 2023November 22, 2023
Reaction to Sam Altman’s return as OpenAI CEO
Business

Reaction to Sam Altman’s return as OpenAI CEO

(Reuters) – OpenAI said on Tuesday it had reached an agreement for Sam Altman to return as CEO days after…

November 22, 2023November 22, 2023
US new vehicle sales to rise in November on strong demand – report
Business

US new vehicle sales to rise in November on strong demand – report

(Reuters) – New vehicle sales in the United States are expected to rise in November, a report from industry consultants…

November 22, 2023November 22, 2023
US Coast Guard seeks source of some 1.1 million gallons of crude oil in Gulf of Mexico
Business

US Coast Guard seeks source of some 1.1 million gallons of crude oil in Gulf of Mexico

(Reuters) – The U.S. Coast Guard on Monday said it was still looking for the source of a leak from…

November 21, 2023November 21, 2023
Microsoft emerges as clear winner from OpenAI turmoil with Altman on board
Business

Microsoft emerges as clear winner from OpenAI turmoil with Altman on board

By Aditya Soni (Reuters) – Microsoft emerged on Monday as the big winner of the upheaval at OpenAI, hiring ousted…

November 20, 2023November 20, 2023
Bayer ordered to pay $1.56 billion in latest US trial loss over Roundup weedkiller
Business

Bayer ordered to pay $1.56 billion in latest US trial loss over Roundup weedkiller

By Tom Hals (Reuters) – A Missouri jury ordered Bayer to pay $1.56 billion to four plaintiffs who claimed the…

November 20, 2023November 20, 2023
Blackstone frontrunner in Signature Bank commercial-property loan sale- Bloomberg News
Business

Blackstone frontrunner in Signature Bank commercial-property loan sale- Bloomberg News

(Reuters) -Blackstone is in the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit…

November 20, 2023November 20, 2023
Ousted OpenAI CEO Altman discusses possible return, mulls new AI venture-source
Business

Ousted OpenAI CEO Altman discusses possible return, mulls new AI venture-source

(This Nov. 18 story has been refiled to correct the spelling of ‘Khosla’ in paragraph 6) By Anna Tong, Krystal…

November 19, 2023November 19, 2023
Meta moves members of its Responsible AI team to other groups
Business

Meta moves members of its Responsible AI team to other groups

(Reuters) -Meta Platforms is dispersing the members of its Responsible AI team among other groups in the company where they…

November 18, 2023November 18, 2023
SpaceX Starship launch failed minutes after reaching space
Business

SpaceX Starship launch failed minutes after reaching space

By Joe Skipper and Joey Roulette BOCA CHICA, Texas/NEW YORK (Reuters) -SpaceX’s uncrewed spacecraft Starship, developed to carry astronauts to…

November 18, 2023November 18, 2023

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