News Corp would lose $9 million by ditching Google ads, ex-exec testifies
By Jody Godoy ALEXANDRIA, Virginia (Reuters) – News Corp explored switching away from Google’s advertising tools in 2017 but estimated…
Category: Business
JPMorgan shares slide on more cautious outlook for interest income
By Nupur Anand and Pritam Biswas NEW YORK (Reuters) -JPMorgan Chase shares fell about 6% after the bank’s president on…
Losses from crypto scams grew 45% in 2023, FBI says
By Hannah Lang (Reuters) – Losses from cryptocurrency-related frauds and scams increased 45% in 2023 from 2022, totaling more than…
Factbox-Apple iPhone 16 event: Key announcements so far
(Reuters) – Apple on Monday unveiled an artificial intelligence focused-iPhone 16 lineup, a sleeker Apple Watch, AirPods 4, and said…
Boeing reaches early deal with 25% higher pay in hope to avert strike
By Allison Lampert and David Shepardson -Boeing said on Sunday it had reached a tentative agreement with a union representing…
Musk’s xAI in talks for share in future Tesla revenue, WSJ reports
(Reuters) – Elon Musk’s AI startup xAI has discussed a deal that would give it some revenue from Musk’s Tesla…
Robinhood reaches $3.9 million settlement with California over crypto withdrawals
(Reuters) – A cryptocurrency platform run by Robinhood Markets will pay $3.9 million for failing to let customers withdraw cryptocurrency…
Biden preparing to block Nippon’s US Steel takeover, source says
By Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden is preparing to block Nippon Steel’s acquisition of U.S. Steel, a…
Johnson & Johnson adds $1.1 billion to proposed talc settlement
(Reuters) -Johnson & Johnson plans to pay an additional $1.1 billion to resolve thousands of legal actions alleging its baby…
Nvidia and chip index tumble as investors pause AI rally
By Noel Randewich (Reuters) – Shares of AI heavyweight Nvidia tumbled on Tuesday, with Wall Street’s chip index slumping 7%…