(Reuters) -Walt Disney plans to transition away from its use of Slack as a companywide workplace collaboration system, after a…
Wall St propelled higher by broad gains after Fed kicks off easing cycle
By Johann M Cherian and Purvi Agarwal (Reuters) – Wall Street’s main indexes soared on Thursday with the S&P 500…
US existing home sales drop in August; supply improves
WASHINGTON (Reuters) – U.S. existing home sales fell more than expected in August as house prices remained elevated despite a…
BMO raises S&P 500 target for 2024 to 6,100 from 5,600
NEW YORK (Reuters) – BMO Capital Markets on Thursday said it was raising its S&P 500 target for 2024 to…
JPMorgan takes on Wall Street’s overwork concerns with new role, memo shows
(Reuters) – JPMorgan Chase has created a new role that will oversee its junior bankers and analysts amid a focus…
Amazon raises pay of US hourly workers in fulfillment, transport ops
(Reuters) -Amazon.com will invest more than $2.2 billion to bump up the pay of hourly workers in its fulfillment and…
Google urges tribunal to throw out $9.3 billion UK lawsuit over search ‘dominance’
LONDON (Reuters) – Google parent Alphabet on Wednesday asked a London tribunal to throw out a mass lawsuit that accuses…
Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) – The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is…
Musk’s Neuralink gets FDA’s breakthrough device tag for ‘Blindsight’ implant
(Reuters) -Elon Musk’s brain-chip startup Neuralink said on Tuesday its implant aimed at restoring vision received the U.S. Food and…
AI experts ready ‘Humanity’s Last Exam’ to stump powerful tech
By Jeffrey Dastin and Katie Paul (Reuters) – A team of technology experts issued a global call on Monday seeking…