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
Category: Business
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
Amazon plans to hire 250,000 workers for the holidays, same as last year
By Arriana McLymore NEW YORK (Reuters) – Amazon plans to hire 250,000 transportation and warehouse workers this holiday shopping season, the same number as last
Constellation Brands beats quarterly results estimates on strong beer demand
(Reuters) – Corona beer maker Constellation Brands beat second-quarter results estimates on Thursday, as robust demand for its popular beer brands helped soften the hit
Levi Strauss shares fall on sluggish holiday quarter forecast
(Reuters) – Levi Strauss’ shares slumped about 11% in premarket trading on Thursday after it forecast tepid holiday quarter revenue as the denim maker grapples
Crypto asset manager Bitwise files for XRP ETP with securities regulator
(Reuters) – Crypto asset manager Bitwise has filed an initial registration statement with the U.S. SEC for an exchange-traded product for XRP tokens, as it
Canada’s TD Bank to pay over $20 million to resolve ‘spoofing’ case
(Reuters) – Toronto Dominion Bank is set to pay over $20 million as part of a deal with U.S. authorities to resolve an investigation into