(Reuters) -Amazon’s healthcare business will be divided into six new units as part of a restructuring effort after the company lost a handful of top
Category: Business
AMD CEO unveils new AI chips
By Max A. Cherney and Stephen Nellis SAN JOSE (Reuters) -Advanced Micro Devices CEO Lisa Su showed off a new crop of artificial intelligence chips
Trump says he may soon hike auto tariffs to get more US production
By David Shepardson and Jeff Mason WASHINGTON (Reuters) -U.S. President Donald Trump on Thursday warned he may soon hike auto tariffs, arguing that could prod
BlackRock CEO Larry Fink not leaving anytime soon
(Reuters) -BlackRock CEO Larry Fink said on Thursday he was not planning to leave the asset manager anytime soon. Fink said BlackRock had a strong
Nvidia, Perplexity partner with European firms to boost local AI models
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia and artificial intelligence search firm Perplexity on Wednesday said they are partnering with more than a dozen AI
Warner Bros’ credit rating downgraded to junk by Fitch on split-up
By Dawn Chmielewski, Matt Tracy and Milana Vinn (Reuters) -Credit ratings agency Fitch Ratings on Wednesday downgraded Warner Bros Discovery to junk status following the
Tesla robotaxi rollout in Austin tests Musk’s vision of self-driving future
By Chris Kirkham (Reuters) -Tesla faces an existential test this month as it aims to launch self-driving “robotaxis” in its home base of Austin, Texas,
Walgreens, Authentic Brands, Kourtney Kardashian among those evaluating Rite Aid assets, sources say
By Abigail Summerville NEW YORK (Reuters) -Pharmacy chain Walgreens and reality star turned entrepreneur Kourtney Kardashian are among those picking over the remaining assets in
Live Nation to invest $1 billion in US music venues
(Reuters) -Live Nation Entertainment said on Tuesday it will invest $1 billion to build 18 new live music venues across the U.S. as the concert
Qualcomm strengthens AI portfolio with $2.4 billion Alphawave deal
By Yamini Kalia (Reuters) -U.S. chipmaker Qualcomm agreed to acquire Alphawave for about $2.4 billion on Monday, as it expands into the booming AI data