NEW YORK – The inability of Meta’s AI chatbot to identify the current president of the United States was elevated […]
Meta Seeks Urgent Fix to AI Chatbot’s Confusion on Name of US President Read More »
NEW YORK – On Thursday, JPMorgan Chase (NYSE: JPM) said that long-serving CEO Jamie Dimon’s 2024 pay package climbed about […]
JPMorgan CEO Dimon Sees 8.3% Pay Hike Following Banner Year for the Bank Read More »
British lender Barclays (NYSE: BCS) is proposing a revamp of pay packages earned by its CEO and finance director, with […]
Barclays Proposes Higher Bonuses and Lower Fixed Pay for CEO, Sky News Reports Read More »
U.S. stock index futures were flat-to-slightly lower on Thursday, as investors paused after Wall Street’s strong performance in the previous […]
Futures Toned Down After Previous Session’s Jump; Data, Earnings in Focus Read More »
HOUSTON – LyondellBasell Industries (NYSE: LYB) will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, […]
Lyondell to Begin Closure of Houston Refinery This Weekend, Sources Say Read More »
Wall Street’s indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming […]
S&P 500 Hits Record High with Boost from Netflix Results, AI Investment Plan Read More »
LONDON – On Wednesday, Google won an injunction from London’s High Court to prevent the enforcement of Russian judgments against […]
Google Wins UK Injunction Over YouTube Block on Russian Broadcasters Read More »
Travelers (NYSE: TRV), the property and casualty insurer, trounced Wall Street estimates for fourth-quarter profit as strength in its underwriting […]
Travelers (NYSE: TRV) Tops Q4 Profit Estimates on Underwriting Boost Read More »
A look at the day ahead in U.S. and global markets. Retaining a persistent, if uncertain, threat of new tariffs, […]
Morning Bid: Trump Switches to AI as Tariffs Lurk, Netflix Soars Read More »
Netflix (NASDAQ: NFLX) reaffirmed its dominance of the streaming video market on Tuesday, as its mixture of live sporting events, […]
Netflix (NASDAQ: NFLX) Shares Soar on Price Hikes and Record Subscriber Gains Read More »
On Tuesday, U.S. President Donald Trump announced a private sector investment of up to $500 billion to fund infrastructure for […]
Trump Unveils $500 Billion Investment Plan to Boost US AI Infrastructure Read More »
LONDON – U.S. President Donald Trump’s return to the White House has been met with both relief and disappointment across […]
Trump’s Return to the White House: Market Winners and Losers Read More »
MILAN – Stellantis (NYSE: STLA) Chairman John Elkann spent four days in Washington meeting with incoming U.S. President Donald Trump […]
Stellantis Chair Elkann Met Trump and Top US Officials in Washington Read More »
DAVOS, Switzerland – Guggenheim Partners’ chief investment officer forecast on Monday that the U.S. Federal Reserve might cut interest rates […]
Fed Could Cut Interest Rates Every Quarter in 2025, Says Guggenheim CIO Read More »
MADRID – On Saturday, Spanish telecom giant Telefonica’s (NYSE: TEF) board agreed to appoint defense company Indra’s chairman Marc Murtra […]
Telefonica Replaces CEO Alvarez-Pallete with Indra’s Chairman Read More »
WASHINGTON – U.S. manufacturing output surged in December, likely as production at Boeing (NYSE: BA) picked up following the end […]
On Friday, the U.S. Federal Trade Commission sued PepsiCo (NASDAQ: PEP) for offering preferential pricing to a large retailer, whom […]
US Sues Pepsi Over Exclusive Discounts to Walmart Read More »
AMSTERDAM – The Dutch government excludes billions of euros of sales by technology company ASML Holding (NASDAQ: ASML) to China […]
Dutch Government Excludes Most ASML Sales to China from ‘Dual Use’ Export Data Read More »
Netflix’s (NASDAQ: NFLX) big bet on sports events is expected to have driven more than 9 million subscriber additions in […]
Netflix’s Sports Push Likely Fueled Subscriber Growth in Holiday Quarter Read More »
SEATTLE – Boeing (NYSE: BA) resumed testing for its long-delayed 777X widebody jet on Thursday, with the first flight since […]
Boeing Resumes 777X Test Flights After Grounding in August Read More »
MILAN – Italian AI startup iGenius aims to complete a major data center project in the south of the country […]
iGenius Aims to Complete $1 Billion Data Center Project with Nvidia by Summer Read More »
Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing, the Wall […]
On Thursday, Bank of America’s (NYSE: BAC) profit beat expectations as its traders benefited from a flurry of activity in […]
BofA Profit Beats Expectations on Trading Boost, Sees Higher 2025 Interest Income Read More »
LONDON – BP (NYSE: BP) will cut over 5% of its global workforce, it said on Thursday, as part of […]
BP to Cut Over 5% of Workforce in CEO Cost Cut Drive Read More »
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