(Reuters) -CVS Health replaced CEO Karen Lynch with company veteran David Joyner on Friday and withdrew its 2024 profit forecast,…
Putin says BRICS, not the West, will drive global economic growth
By Gleb Bryanski and Vladimir Soldatkin MOSCOW (Reuters) -The BRICS group will generate most of the global economic growth in…
Oil prices fall, on track for 8% weekly decline on China demand woes
By Georgina McCartney HOUSTON (Reuters) -Oil futures fell on Friday and were on track for a weekly drop of 8%…
Netflix beats earnings targets with 5 million new customers
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter,…
EV maker Lucid expects to raise $1.67 billion from stock sale
(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637…
Google shifts Gemini app team to DeepMind
(Reuters) – Alphabet’s Google said on Thursday it will move the team behind the Gemini app to its artificial intelligence…
Snap-On misses quarterly sales estimates on lower tool demand
(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the tools segment.…
Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether…
Exclusive-EU AI Act checker reveals Big Tech’s compliance pitfalls
By Martin Coulter LONDON (Reuters) – Some of the most prominent artificial intelligence models are falling short of European regulations…
Biden announces $425 million in military aid for Ukraine
WASHINGTON (Reuters) -U.S. President Joe Biden spoke to Ukrainian President Volodymyr Zelenskiy on Wednesday about efforts to surge security assistance…