By Katie Paul NEW YORK – Meta’s Llama artificial intelligence models are being used by companies including Goldman Sachs and…
Dollar General cuts annual forecasts on weak discretionary demand; shares plummet
(Reuters) -Discount retailer Dollar General slashed its annual sales and profit forecast on Thursday, as budget-conscious customers cut back spending…
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…
Nordstrom Q2 revenue rises on boost from sales event, shares surge
(Reuters) -Nordstrom reported a better-than-expected growth in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as…
Toronto market edges off record high as oil prices drop
By Nikhil Sharma and Fergal Smith (Reuters) -Canada’s main stock index ended lower on Tuesday, pulling back from a record…
JPMorgan Chase is sued over low rates on cash sweeps
NEW YORK (Reuters) – JPMorgan Chase has been accused in a new lawsuit of sweeping customers’ idle cash into accounts…
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…
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…
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,…