(Reuters) – UnitedHealth CEO Andrew Witty will testify before a U.S. House subcommittee on May 1 about a recent cyberattack…
Stellantis to recall over 38,000 vehicles on potential airbag deployment issues
(This March 20 story has been corrected to say Stellantis, not Chrysler, is recalling vehicles in the headline and paragraph…
AmEx surpasses profit estimate; focus turns to small-business strategy
By Mehnaz Yasmin and Niket Nishant (Reuters) -American Express’s first-quarter profit vaulted past estimates on Friday thanks to its affluent…
Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…
Google consolidates its DeepMind and Research teams amid AI push
(Reuters) – Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its…
Walmart-backed Ibotta shares surge 33% in strong market debut
By Jaiveer Shekhawat and Sri Hari N S (Reuters) -Shares of digital marketing firm Ibotta soared 33% on their debut…
TSMC expects Q2 sales to jump on ‘insatiable’ AI demand
By Yimou Lee and Faith Hung TAIPEI (Reuters) -TSMC, the world’s largest chipmaker and a major Apple and Nvidia supplier,…
Biden – and steelmakers – promise U.S. Steel will stay American
By Steve Holland PITTSBURGH (Reuters) -U.S. Steel and Japanese buyer Nippon Steel said the Pittsburgh-based firm will remain an “iconic…
Trump Media shares tank after filing shows more stock may be sold
By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses since the stock’s…
Big banks led by Citi continue to trim staff to cut costs
By Niket Nishant and Manya Saini (Reuters) -U.S. banking giants continued to shed employees in the first quarter, with Citigroup…