(Reuters) -JPMorgan Chase and Co will pay civil penalties of about $350 million to regulators for reporting incomplete trading data…
OpenAI valued at $80 billion after deal, NYT reports
(Reuters) -Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New…
Nvidia’s scorching shares drew hedge funds in Q4, filings show
(This Feb. 14 story has been corrected to change stock performance to ‘nearly 240%’ from 65%, in paragraph 2) By…
OpenAI, Meta and other tech giants sign effort to fight AI election interference
By Sheila Dang and Katie Paul (Reuters) – A group of 20 tech companies announced on Friday they have agreed…
JPMorgan, State Street quit climate group, BlackRock steps back
By Simon Jessop and Ross Kerber (Reuters) -JPMorgan Chase’s and State Street’s investment arms on Thursday both quit a global…
Lockheed Martin on track to increase production of weapons systems
(Reuters) – Lockheed Martin said on Thursday that it was on track to raise production of its weapons systems to…
AI firms surge after chip giant Nvidia discloses stake
By Medha Singh (Reuters) -Shares of smaller AI firms rallied on Thursday after the world’s most dominant artificial intelligence chipmaker,…
Deere cuts 2024 profit view as borrowing costs hurt farm equipment demand
By Bianca Flowers and Shivansh Tiwary (Reuters) -Deere & Co cut its 2024 profit forecast on Thursday as farmers remained…
JetBlue shares soar after Icahn takes 10% stake in airline
By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -Shares of JetBlue Airways surged on Tuesday after activist investor Carl Icahn…
Biden, senators urge House Republicans to take up $95 billion Ukraine bill
By David Morgan and Patricia Zengerle WASHINGTON (Reuters) -Democratic President Joe Biden and a bipartisan group of lawmakers including the…