(Reuters) – Skype will ring for the last time on May 5 as owner Microsoft retires the two-decade-old internet calling service that redefined how people
Category: Business
GM’s electric gains face critical test as Trump targets EV subsidies
By Kalea Hall DETROIT (Reuters) – General Motors has spent billions over decades trying to blaze an electric trail, releasing pioneering EVs and hybrids that
Apple sued over ‘carbon neutral’ claim for watches
By Jonathan Stempel (Reuters) – Apple has been sued by consumers who said its claim that three versions of Apple Watches are “carbon neutral” and
Tesla’s market value tumbles below $1 trillion as its Europe sales slump
By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the first time since November after
US bank profits climb as regulator adjusts ‘problem bank’ tracking
By Pete Schroeder WASHINGTON (Reuters) – U.S. banking sector profits rose 2.3% to $66.8 billion in the fourth quarter of 2024, a bank regulator reported
JPMorgan CEO Jamie Dimon reaffirms DEI commitment despite industry shift, CNBC reports
(Reuters) – JPMorgan Chase will continue its diversity efforts, its CEO Jamie Dimon said in an interview with CNBC on Monday, despite a broader corporate
Nvidia takes EU antitrust regulators to court for probing AI startup Run:ai bid
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Nvidia has sued EU antitrust regulators for accepting an Italian request last year to scrutinise its
Berkshire to boost investments in Japanese trading houses
By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett said on Saturday that his conglomerate Berkshire Hathaway will likely increase its ownership in the five
BMW says it will review timing of electric Mini production in UK
LONDON (Reuters) – BMW said on Saturday it is rethinking its timetable for manufacturing all-electric Mini cars in Britain, citing uncertainties facing the industry. Mini
AI startup Genspark raises $100 million to compete with Google, source says
By Anna Tong (Reuters) – Search startup Genspark has raised $100 million in a series A funding round, valuing the startup at $530 million, according