By Victoria Waldersee BERLIN (Reuters) -Tesla is laying off more than 10% of its global workforce, an internal memo seen…
Broadcom questioned by EU over VMware licensing changes
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is being asked by EU antitrust regulators about changes to newly…
Trend hedge funds could sell up to $42 billion in US shares, says Goldman
By Carolina Mandl NEW YORK (Reuters) – Trend-following hedge funds could sell between $20 billion and $42 billion in U.S.…
JPMorgan profit beats estimates even as interest income misses predictions
By Nupur Anand and Niket Nishant (Reuters) -JPMorgan Chase’s profit beat estimates in the first quarter, but its shares fell…
Exclusive-OpenAI’s Altman pitches ChatGPT Enterprise to large firms, including some Microsoft customers
By Krystal Hu and Dawn Chmielewski (Reuters) – OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company…
Netherlands pledges 4 billion euros in Ukraine military support through 2025
AMSTERDAM (Reuters) -The Netherlands will provide Ukraine with an additional 1 billion euros ($1.06 billion) in military support this year,…
Nike bosses plan ‘biggest’ Olympics spend as marketing ramps up
By Helen Reid PARIS (Reuters) – Nike is spending more on this Olympics than any previous Games, top executives said…
Vertex Pharma bets on kidney disease treatment with $4.9 billion Alpine Immune deal
(Reuters) -Vertex Pharmaceuticals will buy Alpine Immune Sciences for about $4.9 billion in cash, gaining access to the biotech firm’s…
Trump thinks it’s not appropriate to visit Ukraine as presidential candidate
By Kanishka Singh WASHINGTON (Reuters) – Republican presidential candidate Donald Trump thinks it is not appropriate for him to visit…
Fed looks to slice balance sheet runoff pace by half
By Michael S. Derby NEW YORK (Reuters) -The Federal Reserve is preparing in short order to slow the rate at…