Today: May 18, 2024
Today: May 18, 2024

Business

Brazil activity posts first-quarter growth despite March contraction

Brazil's economy exhibited a higher-than-expected contraction in March but still managed to clinch a positive performance in the first quarter, central bank data showed on

Brazil activity posts first-quarter growth despite March contraction

Hedge funds squeezed from short bets amid surging meme stocks, Goldman Sachs says

Hedge funds ditched bearish stock bets early this week at some of the highest rates in three years as U.S. meme stocks rallied sharply, a Goldman note seen by

Hedge funds squeezed from short bets amid surging meme stocks, Goldman Sachs says

Stock market's record-setting rebound may have further to go

A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide.

Stock market's record-setting rebound may have further to go

Apple set to release slimmer iPhone in 2025, the Information reports

Apple is developing a slimmer version of the iPhone that is likely to be launched by 2025, the Information reported on Friday, citing three people with knowledge of the project.

Apple set to release slimmer iPhone in 2025, the Information reports

US lawmakers unveil bill to make it easier to restrict exports of AI models

WASHINGTON (Reuters) -A bipartisan group of lawmakers unveiled a bill late Wednesday that would make it easier for the Biden administration to impose export controls on AI models, in a bid to

US lawmakers unveil bill to make it easier to restrict exports of AI models

Chinese companies hit with US trade restrictions over spy balloon incident

By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) -The Biden administration added 37 Chinese entities to a trade restriction list on Thursday, including some for allegedly supporting the spy

Chinese companies hit with US trade restrictions over spy balloon incident

Frontier Airlines, stuck in a money-losing slump, is dumping change fees and making other moves

Frontier Airlines is dropping those dreaded change fees, at least for some of its passengers

Frontier Airlines, stuck in a money-losing slump, is dumping change fees and making other moves

Airbus unveils half-plane, half-copter in quest for speed

By Tim Hepher MARIGNANE, France (Reuters) -Airbus Helicopters showcased an experimental half-plane, half-helicopter on Wednesday in a quest for speed as competition heats up to define the rotorcraft

Airbus unveils half-plane, half-copter in quest for speed

US arrests two Chinese nationals in $73 million crypto scam

U.S. authorities charged two Chinese nationals in a cryptocurrency scam that laundered at least $73 million from defrauded victims, the Justice Department said on Friday.

US arrests two Chinese nationals in $73 million crypto scam

Hershey faces larger lawsuit over missing designs on Reese's candies

Hershey is facing a renewed, larger lawsuit claiming it misled consumers about the amount of artistic detail they would find on several Reese's peanut butter candies

Hershey faces larger lawsuit over missing designs on Reese's candies

Boeing shareholders vote to re-elect CEO Calhoun to board

Boeing Co shareholders voted to re-elect outgoing Chief Executive Dave Calhoun to the planemaker's board at the company's annual meeting, as per a preliminary tally.

Boeing shareholders vote to re-elect CEO Calhoun to board

BuzzFeed CEO moves to majority stock based compensation amid AI push

A major part of BuzzFeed CEO Jonah Peretti's compensation will now be in stock options, the digital media firm said on Friday, amid efforts to boost the adoption of artificial intelligence

BuzzFeed CEO moves to majority stock based compensation amid AI push

Haidilao restaurant operator Super Hi's shares surge 38% in strong US market debut

Super Hi International jumped 38% in its debut on Nasdaq, giving the operator of Chinese hotpot restaurant chain Haidilao a valuation of about $1.74 billion.

Haidilao restaurant operator Super Hi's shares surge 38% in strong US market debut

Citgo share bidders can be asked how accommodate bondholder claims, judge rules

(Reuters) -Bidders in a U.S. court auction of shares that will decide the ownership of Venezuela-owned U.S. oil refiner Citgo Petroleum can be required to say if their binding offers cover claims by

Citgo share bidders can be asked how accommodate bondholder claims, judge rules

Four UK editors named in Prince Harry's phone-hacking lawsuit against Daily Mail

Four current British newspaper editors and a string of other senior press figures have been named in a privacy lawsuit brought by Prince Harry and

Four UK editors named in Prince Harry's phone-hacking lawsuit against Daily Mail

Indiana judge opens door for new eatery, finding `tacos and burritos are Mexican-style sandwiches'

An Indiana judge has cleared the way for the opening of a new restaurant after finding that “tacos and burritos are Mexican-style sandwiches."

Indiana judge opens door for new eatery, finding `tacos and burritos are Mexican-style sandwiches'

Turkey says it is not easing Israel export ban

Israeli claims of Ankara easing its trade ban with Israel are "absolutely fictional and have nothing to do with reality," Turkish Trade Minister

Turkey says it is not easing Israel export ban

Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks

Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits, political and legal challenges to the idea of whether the Federal Government’s aggressive consumer financial watchdog agency should be allowed exist at all

Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks

A former OpenAI leader says safety has 'taken a backseat to shiny products' at the AI company

A former OpenAI leader who resigned from the company earlier this week says that product safety has “taken a backseat to shiny products” at the influential artificial intelligence company

A former OpenAI leader says safety has 'taken a backseat to shiny products' at the AI company

Indigenous consultant accuses NHL's Blackhawks of fraud, sexual harassment

A consultant the Chicago Blackhawks hired to improve relations with American Indian tribes is accusing the team, its charity foundation and its CEO of fraud, breach of contract and sexual harassment

Indigenous consultant accuses NHL's Blackhawks of fraud, sexual harassment

Factbox-Boeing faces multiple probes after mid-air MAX door plug blowout

Boeing is facing heightened scrutiny from U.S. regulators and prosecutors into its safety and quality practices following the Jan. 5 panel blowout on an Alaska Airlines 737 MAX 9.

Factbox-Boeing faces multiple probes after mid-air MAX door plug blowout

US FDA approves Amgen drug for small cell lung cancer

The U.S.

US FDA approves Amgen drug for small cell lung cancer

In Cannes, Francis Ford Coppola talks Trump, self-financing 'Megalopolis' and why he has no regrets

Much attention has been paid to the $120 million of his own fortune that Francis Ford Coppola put up to make the futuristic epic “Megalopolis.”

In Cannes, Francis Ford Coppola talks Trump, self-financing 'Megalopolis' and why he has no regrets

Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

Boeing shareholders have approved CEO David Calhoun’s $32.8 million compensation

Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

South Africa's unemployment rate climbs weeks before election

By Kopano Gumbi PRETORIA (Reuters) -South Africa's unemployment rate rose for the second quarter in a row to 32.9% in the first three months of this year, data showed on Tuesday, two weeks before the

South Africa's unemployment rate climbs weeks before election
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