SHANGHAI (Reuters) -Chinese state media on Thursday cautioned against risks in chasing local ChatGPT-concept stocks, while domestic artificial intelligence (AI)…
Acting FAA chief to testify before U.S. Senate panel on computer outage
By David Shepardson WASHINGTON (Reuters) – The acting head of the Federal Aviation Administration (FAA) will testify on Feb. 15…
Yellen touts battery investments, supports Europe’s plans for competing subsidies
By David Lawder SPRING HILL, Tenn. (Reuters) -U.S. Treasury Secretary Janet Yellen touted clean energy investments on Wednesday at a…
Australia’s four biggest banks fully pass on central bank rate hike
(Reuters) – Commonwealth Bank of Australia and Westpac Banking Corp followed their two main rivals on Thursday in saying they…
Biden says he sees no recession in 2023 or 2024 -PBS NewsHour interview
WASHINGTON (Reuters) – President Joe Biden said on Wednesday he did not believe the U.S. economy will fall into recession…
JPMorgan lays off hundreds of mortgage employees -source
(Reuters) – JPMorgan Chase & Co has cut hundreds of mortgage employees, a source familiar with the matter told Reuters…
Alphabet shares dive after Google AI chatbot Bard flubs answer in ad
By Martin Coulter and Greg Bensinger LONDON (Reuters) – Alphabet Inc lost $100 billion in market value on Wednesday after…
Wall St falls after recent strong gains, Alphabet shares sink
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended down on Wednesday, paring most of the previous session’s strong…
JPMorgan to hire more than 500 small-business bankers over 2 years
By Lananh Nguyen MIAMI (Reuters) – JPMorgan Chase & Co, the largest U.S. lender, plans to hire more than 500…
Third Point owns Salesforce stake, talks Bath & Body Works changes
By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund Third Point LLC owns a stake in Salesforce Inc at the…