JPMorgan engineers’ efficiency jumps as much as 20% from using coding assistant
By Haripriya Suresh BENGALURU (Reuters) – Tens of thousands of JPMorgan Chase software engineers increased their efficiency, delivering products 10%…
Business
Tesla says it can be a target to retaliatory tariffs
(Reuters) – Elon Musk’s Tesla said in a letter to the US trade representative Jamieson Greer that President Donald Trump’s…
Adobe beats first-quarter revenue estimates on strong software demand
(Reuters) -Adobe beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from strong spending on its portfolio of design…
AI to fuel bumper year for M&A in US power sector
By David French, Isla Binnie and Mrinalika Roy (Reuters) – Dealmakers expect 2025 to be a bumper year for mergers…
Blackstone evaluates options for Reese Witherspoon’s Hello Sunshine, sources say
(Reuters) – Blackstone is exploring options for Hello Sunshine, one of the best-known assets in the portfolio of its Hollywood…
OpenAI launches new developer tools as Chinese AI startups gain ground
(Reuters) – OpenAI launched new tools for developers on Tuesday that will help them build advanced AI agents, using a…
Uber terminates Foodpanda Taiwan acquisition, to pay about $250 million termination fee
(Reuters) -Uber has decided to terminate its agreement to acquire Delivery Hero’s Foodpanda business in Taiwan and will pay a…
Exclusive-Bank of America eliminates some investment banking roles, including in New York
By Svea Herbst-Bayliss and Saeed Azhar NEW YORK (Reuters) – Bank of America eliminated some investment banking roles on Monday,…
Chevron CEO urges lasting US energy policy, not extreme swings
By Sheila Dang HOUSTON (Reuters) -Chevron would like to see durability in U.S. energy policy rather than swings from one…
Apple preparing for a major software overhaul, Bloomberg News reports
(Reuters) -Apple is preparing a major overhaul of its software, due later this year, which will change the look of…