(Reuters) -Boeing CEO Dave Calhoun will step down by the end of the year, following the planemaker’s ongoing safety crisis…
China blocks use of Intel and AMD chips in government computers, FT reports
(Reuters) -China has introduced guidelines to phase out U.S. microprocessors from Intel and AMD from government personal computers and servers,…
China plans new rules on market access, data flows Premier Li tells global CEOs
BEIJING (Reuters) -China will carefully study issues of market access and cross-border data flows and will soon issue new regulations…
Biden signs $1.2 trillion funding package, averting government shutdown
WASHINGTON (Reuters) – President Joe Biden on Saturday signed into law a $1.2 trillion budget bill to keep the U.S.…
Disney criticizes Peltz remarks about casting of ‘Black Panther,’ ‘The Marvels’
By Dawn Chmielewski (Reuters) – Walt Disney Co on Friday said that remarks by activist investor Nelson Peltz criticizing the…
FedEx soars on profit beat, improved margins in its Express unit
By Shivansh Tiwary (Reuters) -FedEx shares surged on Friday after the parcel giant beat estimates for quarterly profit and reported…
Amazon appeals $34.6 million fine by French regulator over staff monitoring
(Reuters) – E-commerce giant Amazon.com said on Friday it has appealed French regulator CNIL’s decision to fine the company 32…
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
By Mike Scarcella (Reuters) – The U.S. government’s antitrust lawsuit against Apple draws on the watershed 1998 case that broke…
Apple held talks with China’s Baidu over AI for its devices, WSJ reports
(Reuters) -Apple has held preliminary talks with Baidu <9888.HK> about using the Chinese company’s generative artificial-intelligence technology in its devices…
Cathie Wood’s ARK Invest scoops up nearly 10,000 Reddit shares in debut
(Reuters) – Popular investor Cathie Wood’s ARK Invest bought nearly 10,000 shares of Reddit in the social media platform’s strong…