By Aditya Soni (Reuters) – Microsoft is expected to report its slowest quarterly revenue growth in a year on Wednesday, while investors await signs of
Category: Business
Google to develop AI that takes over computers, The Information reports
(Reuters) – Alphabet’s Google is developing artificial intelligence technology that takes over a web browser to complete tasks such as research and shopping, The Information
Intel to invest more than $28 billion to build two chip factories in Ohio
(Reuters) -Intel said on Friday it would invest more than $28 billion to construct two new chip factories in Licking County, Ohio, as the company
Merck buys cancer therapy developer Modifi Biosciences for up to $1.3 billion
(Reuters) – Merck has acquired Modifi Biosciences for as much as $1.3 billion, gaining access to its experimental cancer therapies, the privately held biotech firm
Apple sharply cuts back on Vision Pro production, The Information reports
(Reuters) – Apple has sharply scaled back its Vision Pro production since early summer and could stop making the existing version of the mixed reality
3M raises profit forecast on improving demand, reviews portfolio
By Kannaki Deka (Reuters) -3M Co raised its full-year profit forecast on Tuesday, after strong demand for roofing material, industrial adhesives and electronic equipment helped
Shift to electric vehicles will have far-reaching impact, IMF says
(Reuters) – The global transition toward electric vehicles will have “far-reaching” impacts on investment, production, international trade and employment, the International Monetary Fund said on
Industrial paintmaker Sherwin-Williams profit misses estimates on weak demand
(Reuters) – Industrial paintmaker Sherwin-Williams missed Wall Street estimates for third-quarter profit on Tuesday, hurt by lower sales in its segments that cater to the
BlackRock taps into AI frenzy with two new ETFs
(Reuters) – Asset management giant BlackRock on Tuesday launched two new exchange-traded funds (ETFs) aimed at giving investors exposure to the booming market for artificial
Boeing exploring asset sales to boost finances, WSJ reports
(Reuters) – Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street