Honeywell offloads asbestos liabilities to lift cash flow
Daily Trader Insights (Reuters) -Honeywell said on Wednesday that it has divested all of its Bendix asbestos liabilities,...
Moderate US job openings, weak hiring underscore labor market stagnation
By Lucia Mutikani WASHINGTON (Reuters) -U.S. job openings increased marginally in August while hiring declined,...
Meta plans to buy chip startup Rivos to boost semiconductor efforts
By Jeffrey Dastin and Krystal Hu (Reuters) -Meta intends to acquire the chip startup Rivos...
OpenAI launches new AI video app spun from copyrighted content
By Deepa Seetharaman and Dawn Chmielewski (Reuters) -OpenAI is releasing an AI video-generating app called...
Fed’s Goolsbee: Will need to turn to other data sources if US reports suspended during shutdown -Fox Business
WASHINGTON (Reuters) -Chicago Federal Reserve President Austan Goolsbee said on Tuesday that U.S. central bankers...
BYD needs battery plant in Europe to support auto production increase, special adviser says
MILAN (Reuters) -Leading Chinese automaker BYD will need to manufacture auto batteries in Europe as...
Oracle looks to raise $15 billion in bond sales, Bloomberg News reports
(Reuters) -Oracle is looking to raise $15 billion in corporate bond sales, Bloomberg News reported...
Toyota halts production at Brazil plants after storm damage
By Alberto Alerigi SAO PAULO (Reuters) -Japanese carmaker Toyota was forced to halt production at...
US new home sales surge in August
WASHINGTON (Reuters) -Sales of new U.S. single-family homes surged in August, but the boost from...
Nvidia’s $100 billion OpenAI play raises big antitrust issues
By Jody Godoy (Reuters) -The $100 billion partnership between dominant AI chipmaker Nvidia and leading...