MUNICH, Germany (Reuters) – Germany’s Allianz said on Monday it plans to distribute at least three-quarters of its net profit…
Oracle misses quarterly results estimates on stiff cloud competition
(Reuters) -Oracle missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday, hit by stiff competition and softer-than…
OpenAI launches $200 ChatGPT subscription for research use
(Reuters) – OpenAI on Thursday launched a version of its popular chatbot ChatGPT priced at $200 per month, which can…
GameStop jumps after cryptic post from ‘Roaring Kitty’ rekindles retail hype
By Manya Saini, Suzanne McGee and Saqib Iqbal Ahmed (Reuters) -GameStop’s shares jumped on Thursday after a cryptic post from…
Lululemon raises annual forecasts betting on robust holiday sales
(Reuters) -Lululemon Athletica increased its full-year revenue and profit forecasts on Thursday, betting on resilient demand for its athletic wear…
FDIC seeks to closely track fintech firms, Bloomberg News reports
(Reuters) -The Federal Deposit Insurance Corporation has started to more closely track financial technology companies that partner with banks across…
Target must face shareholder lawsuit over Pride backlash, US judge rules
By Mike Scarcella (Reuters) – Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused…
Chipotle Mexican Grill lifts menu prices as input costs rise
(Reuters) – Chipotle Mexican Grill said on Wednesday it has raised menu prices by about 2%, as the burrito chain…
Defense firm Anduril partners with OpenAI to use AI in national security missions
By Mike Stone and Aishwarya Jain (Reuters) – Defense technology company Anduril Industries and ChatGPT-maker OpenAI on Wednesday announced a…
Trump taps former aide to work on Musk-led government efficiency plan
By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump on Wednesday named a former White House aide to serve as…