By Anuja Bharat Mistry (Reuters) -TJ Maxx parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast…
Biogen to buy Human Immunology Biosciences for up to $1.8 billion deal
(Reuters) -Biogen said on Wednesday it had agreed to buy privately held Human Immunology Biosciences for up to $1.8 billion,…
North Face owner VF Corp misses quarterly revenue estimates, posts loss as demand sags
(Reuters) – VF Corp posted a fourth-quarter loss and reported revenue below analysts’ estimates on Wednesday as sales declined across…
Sam Altman’s OpenAI signs content agreement with News Corp
(Reuters) -Sam Altman-led OpenAI has signed a deal that will give it access to content from some of the biggest…
Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports
(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to wait for a more powerful…
Macy’s lifts annual profit forecast as new CEO’s revamp takes root
(Reuters) -Macy’s raised its profit forecast for the year on Tuesday, as its new CEO’s turnaround plan helped to shield…
Comcast prices Peacock, Netflix, Apple TV+ streaming bundle at $15 a month
(Reuters) – Comcast’s new streaming bundle, packaging its Peacock service with Netflix and Apple TV+, will cost $15 per month…
Google set to bring ads in search AI Overviews
(Reuters) – Google will start testing search and shopping ads in its AI-generated answers in the U.S., the Alphabet-owned company…
Apple slashes iPhone prices in China amid fierce Huawei competition
BEIJING (Reuters) – Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of…
Audi, partner SAIC to develop China-specific EV platform
BEIJING (Reuters) – Volkswagen’s premium brand Audi said on Monday it would jointly develop a new China-specific platform for intelligent…