(Reuters) – Lockheed Martin said on Monday it had formed a subsidiary that will help U.S. defense companies incorporate artificial…
Family of US activist killed in West Bank says Blinken offers no prospect of US inquiry
By Humeyra Pamuk WASHINGTON (Reuters) -The family of a Turkish-born American human rights activist killed by Israel in the occupied…
Insurer stocks fall after Trump says ‘we’re going to knock out the middleman’
(Reuters) – Shares of health insurers operating pharmacy benefit managers fell on Monday after U.S. President-elect Donald Trump called them…
AI a productivity boost to banks but making money from it is a challenge
By Isla Binnie and Megan Davies NEW YORK (Reuters) – Artificial intelligence is expected to show big gains in productivity…
Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
(Reuters) – Photoshop maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday, indicating the company’s investments to…
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
(Reuters) – Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year…
Stunning rally in Big Tech drives Nasdaq to 20,000
By Saqib Iqbal Ahmed, Suzanne McGee and Lewis Krauskopf NEW YORK (Reuters) – The Nasdaq Composite Index hit 20,000 for…
Warburg Pincus not considering an IPO anytime soon, CEO says
By Echo Wang and Carolina Mandl NEW YORK (Reuters) -Warburg Pincus, a private equity firm with about $86 billion in…
Apple to bring satellite communications to smartwatch next year, Bloomberg News reports
(Reuters) – Apple plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a…
US power use to reach record highs in 2024 and 2025, EIA forecast says
By Scott DiSavino (Reuters) – U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy…