By Ann Saphir (Reuters) – Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got…
Biden administration, Texas duel in US appeals court over floating migrant barrier
By Daniel Wiessner (Reuters) – The Biden administration on Wednesday urged a U.S. appeals court to rule that Texas cannot…
Apple set to sell Vision Pro headset outside US, Bloomberg News reports
(Reuters) – Apple is gearing up to sell its Vision Pro mixed-reality headset outside the United States, Bloomberg News reported…
OpenAI unveils new AI model as competition heats up
By Anna Tong and Akash Sriram (Reuters) -ChatGPT maker OpenAI said on Monday it would release a new AI model…
Meta exploring AI-assisted earbuds with cameras, The Information reports
(Reuters) – Meta Platforms is exploring making earphones powered by artificial intelligence with cameras, The Information reported on Monday citing…
Strong Walmart earnings may already be priced in with shares near record
By Siddharth Cavale and Noel Randewich NEW YORK (Reuters) – Walmart’s earnings amid signs of weaker discretionary spending could add…
Apple’s Maryland store workers vote to authorize strike
(This May 11 story has been refiled to say IAM, instead of AIM, in paragraph 1) (Reuters) – Workers at…
Morning Bid: Inflation, tariffs dominate market landscape
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Inflation data from the world’s three…
Arm plans to launch AI chips in 2025, Nikkei reports
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei…
French presidency: Amazon to announce new 1.2 billion euros investment in France
PARIS (Reuters) – U.S. internet giant Amazon will announce a new 1.2 billion euros ($1.3 billion) investment in France, the…