Factbox-How Elon Musk’s pay package compares to other top CEOs in United States
(Reuters) -Tesla’s attempt to seek a shareholder re-vote on CEO Elon Musk’s record-breaking pay that was voided by a Delaware…
Business
Google consolidates its DeepMind and Research teams amid AI push
(Reuters) – Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its…
Tesla layoffs include 14% of Buffalo workers, WARN notice shows
(Reuters) -Tesla will lay off 285 employees in Buffalo, New York, as part of its plans to trim 10% of…
Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
By Greg Bensinger (Reuters) – Amazon.com said on Wednesday it plans to push its cashierless shopping technology into more third-party…
Google lays off employees, shifts some roles abroad amid cost cuts
(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the…
Trump Media shares tank after filing shows more stock may be sold
By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses since the stock’s…
AMD introduces AI chips for business laptops and desktops
(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as…
Adidas raises 2024 outlook after strong first quarter
By Ludwig Burger FRANKFURT (Reuters) -Adidas on Tuesday raised its 2024 profit outlook after what the German sportswear giant said…
Bank of America profit hurt by losses on credit cards, office loans
By Saeed Azhar and Mehnaz Yasmin NEW YORK (Reuters) -Bank of America shares on Tuesday fell more than 3% after…
Lockheed wins US missile defense contract worth $17 billion
By Mike Stone (Reuters) -Lockheed Martin has won a $17 billion contract to develop the next generation of interceptors to…