Amazon cloud growth lags, sees quarterly revenue above estimates
By Deborah Mary Sophia and Greg Bensinger (Reuters) – Amazon.com reported first-quarter growth in its cloud unit that missed analyst…
US House panel drops bid to remove FTC’s antitrust authority
By Jody Godoy WASHINGTON (Reuters) -The House Judiciary Committee reversed course on a proposal to remove the U.S. Federal Trade…
JPMorgan names new leadership for key commercial banking units
(Reuters) – JPMorgan Chase has appointed Andrew Kresse and Brian Lamb to lead two key sectors in its commercial banking…
Morgan Stanley investors should reject proposal to expand equity incentives, ISS says
By Niket Nishant and Tatiana Bautzer (Reuters) -Institutional Shareholder Services has urged investors to reject Morgan Stanley’s proposal to expand…
Visa partners with AI giants to streamline online shopping
By Niket Nishant (Reuters) -Visa is partnering with tech heavyweights, including Microsoft and OpenAI, to roll out a new platform…
Tesla hiring over 1,000 workers to ramp up Semi truck production, Business Insider reports
(Reuters) -Tesla is hiring more than a thousand new workers in Nevada as the electric vehicle maker looks to ramp…
Facebook parent Meta Platforms launches standalone AI assistant app
(Reuters) -Facebook parent Meta Platforms on Tuesday launched a separate app for its Meta AI assistant, similar to those offered…
BRICS ministers fail to reach joint statement, Brazil warns against protectionism
RIO DE JANEIRO (Reuters) – Foreign ministers from the BRICS group of developing nations failed to reach a joint communique…
Exclusive-Trump officials eye changes to Biden’s AI chip export rule, sources say
By Karen Freifeld NEW YORK (Reuters) -The Trump administration is working on changes to a Biden-era rule that would limit…
Barclays cuts 2025 Brent crude forecast on trade tensions, OPEC+ shifts
(Reuters) – Barclays lowered its Brent crude forecast on Monday by $4 to $70 a barrel for 2025 and set…