Pfizer shares sink after it resets 2024 COVID expectations
By Leroy Leo and Michael Erman (Reuters) -Pfizer on Wednesday forecast 2024 sales that could be as much as $5…
Category: Business
Disney, Comcast increase US ad spending on Instagram after dropping Musk’s X – report
By Jaspreet Singh (Reuters) – Big U.S. companies including Walt Disney and Comcast increased advertising spending on Instagram after pausing…
Alphabet announces reduced costs for its leading AI model Gemini
By Anna Tong In a bid to attract developers to build on its artificial intelligence platform, Alphabet on Wednesday said…
Coinbase’s international exchange to launch spot crypto trading
(Reuters) -Coinbase will start offering spot crypto trading services on its international exchange from Thursday, the company said, as it…
Wall Street closes at fresh 2023 highs as inflation data, Fed eyed
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks registered modest gains on Monday but managed to close at new highs…
WeWork resolves landlord objections to bankruptcy financing
By Dietrich Knauth NEW YORK (Reuters) -WeWork has resolved landlords’ objections to its bankruptcy financing agreement, saying on Monday that…
Occidental lands $12 billion takeover of shale producer CrownRock
By Sabrina Valle, Sourasis Bose and Arathy Somasekhar HOUSTON (Reuters) -Occidental Petroleum on Monday agreed to buy closely-held U.S. shale…
First EV charging station funded by Biden’s infrastructure law goes online
By David Shepardson WASHINGTON (Reuters) – The first electric vehicle charging station funded by a $7.5 billion U.S. government program…
EU clinches deal on landmark AI Act – reaction
STOCKHOLM/LONDON/BRUSSELS (Reuters) -European Union policymakers on Friday agreed a provisional deal on landmark rules governing the use of artificial intelligence…
Tesla says California agency implicitly approved of its ‘Autopilot’ brand
(Reuters) – Tesla Inc defended its use of “Autopilot” and “self-driving” for its driver assistance features, arguing in response to…