OpenAI in talks to raise funding at over $100 billion valuation, WSJ reports
(Reuters) – OpenAI, the startup behind the popular ChatGPT, is reportedly in discussions to raise billions of dollars in a…
August 2024
Meta considers new mixed reality glasses as headsets alternative, the Information reports
(Reuters) – Meta Platforms is planning a mixed reality device that resembles a bulky pair of glasses, the Information reported…
BBVA’s Colombian unit issues ordinary shares worth $217.9 million
BOGOTA (Reuters) – The Colombian unit of bank BBVA has issued ordinary shares worth 877 billion pesos ($218 million), the…
Lilly launches smallest single-dose vials of Zepbound for $399
By Patrick Wingrove (Reuters) -Eli Lilly said it has begun selling vials of the smallest, starter dose of its popular…
Exclusive-Intel board member quit after differences over chipmaker’s revival plan
By Max A. Cherney SAN FRANCISCO (Reuters) – The sudden resignation of a high-profile Intel board member came after differences…
Nvidia results could spur record $300 billion swing in shares, options show
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s upcoming earnings…
Bank of New York Mellon to pay $5 million over swap reporting, supervision failures, CFTC says
NEW YORK (Reuters) – The Bank of New York Mellon has agreed to pay $5 million to settle U.S. Commodity…
Chipotle denied raises to unionized workers, US labor agency says
By Daniel Wiessner (Reuters) – U.S. labor board prosecutors have determined that a union’s claims that Chipotle Mexican Grill illegally…
Elliott lays out its case for leadership change at Southwest Airlines
By Svea Herbst-Bayliss NEW YORK (Reuters) -Elliott Investment Management, which now holds voting power over roughly 9.7% of Southwest Airlines,…
Fed most likely to cut rates by quarter percentage point next month, Daly says
By Ann Saphir (Reuters) – San Francisco Federal Reserve President Mary Daly on Monday said “the time is upon us”…