By Lucia Mutikani WASHINGTON (Reuters) -U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1%, pointing
Day: October 4, 2024
Meta, challenging OpenAI, announces new AI model that can generate video with sound
By Katie Paul NEW YORK (Reuters) -Facebook owner Meta announced on Friday it had built a new AI model called Movie Gen that can create
Fed seen slowing rate-cut pace after strong US jobs data
(Reuters) – A surge in job growth last month will allow the Federal Reserve to eschew any further big interest-rate reductions and stick to gradual
Investors look to earnings to support record-high stock prices
By Lewis Krauskopf NEW YORK (Reuters) – A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly
Rivian lowers annual production forecast due to parts shortage
(Reuters) -Rivian said on Friday it slashed its full-year production forecast and delivered fewer vehicles in the third quarter than analysts had expected, as the
Spirit Airlines shares plunge on report of potential bankruptcy filing
(Reuters) – Spirit Airlines shares slumped 40% before the bell on Friday after the Wall Street Journal reported that the ultra-low-cost carrier was in talks
Alphabet’s Waymo to expand robotaxi fleet with Hyundai EVs
By Abhirup Roy SAN FRANCISCO (Reuters) – Alphabet’s Waymo will add electric vehicles from South Korea’s Hyundai Motor to its robotaxi fleet, the companies said
J&J discontinues dengue drug study
(Reuters) -Johnson & Johnson said on Friday it will discontinue a mid-stage field study evaluating the efficacy of its antiviral drug candidate for the prevention