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Month: April 2024

Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
Business

Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports

April 26, 2024April 27, 2024

(Reuters) -Apple Inc has renewed discussions with OpenAI about using the startup’s generative AI technology to power some new features being introduced in the iPhone

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S&P 500 Q1 earnings estimated growth improves; stocks up for week
Business

S&P 500 Q1 earnings estimated growth improves; stocks up for week

April 26, 2024April 27, 2024

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. first-quarter estimated earnings growth is looking stronger at nearly the halfway mark of the reporting period, with

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How Trump could influence the makeup of the Fed
Business

How Trump could influence the makeup of the Fed

April 26, 2024April 26, 2024

(Reuters) – Donald Trump’s allies are reported to be drafting proposals to erode the Federal Reserve’s independence if the presumptive Republican presidential nominee regains the

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China passes tariff law amid tensions with trading partners
Economy

China passes tariff law amid tensions with trading partners

April 26, 2024April 26, 2024

BEIJING (Reuters) -China passed a law on Friday strengthening its trade defence capabilities as the United States and the European Union take aim at Beijing

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Chipmaker Intel falls as AI competition hurts forecast
Business

Chipmaker Intel falls as AI competition hurts forecast

April 26, 2024April 26, 2024

(Reuters) -Intel shares slumped more than 12% on Friday after a downbeat forecast signaled that the boom in AI was diverting enterprise spending away from

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Google parent Alphabet reclaims spot in $2 trillion valuation club
Business

Google parent Alphabet reclaims spot in $2 trillion valuation club

April 26, 2024April 26, 2024

(Reuters) – Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as investors cheered the Google parent

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TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel
Business

TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel

April 24, 2024April 25, 2024

By Stephen Nellis SANTA CLARA, California (Reuters) -Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called “A16” will enter production

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Cisco says hackers subverted its security devices to spy on governments
Business

Cisco says hackers subverted its security devices to spy on governments

April 24, 2024April 25, 2024

By Raphael Satter WASHINGTON (Reuters) – Technology firm Cisco Systems said that hackers have subverted some of its digital security devices to break in to

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Whirlpool to cut 1,000 jobs globally
Business

Whirlpool to cut 1,000 jobs globally

April 24, 2024April 25, 2024

(Reuters) -Whirlpool Corp will lay off about 1,000 salaried employees globally, the home appliances maker said on Wednesday. The company said it first cut jobs

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FDIC is approaching potential buyers of Republic First, Bloomberg News reports
Economy

FDIC is approaching potential buyers of Republic First, Bloomberg News reports

April 24, 2024April 25, 2024

(Reuters) -The Federal Deposit Insurance Corp (FDIC) is in talks with potential buyers for Republic First Bancorp, Bloomberg News reported on Wednesday, citing people with

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