Tag: business news

Palantir co-founder and CEO Alex Karp attends meetings at the U.S. Capitol in Washington on Oct. 18, 2023.Jonathan Ernst | ...

Trump budget cuts, agency gutting, leave Americans and economy at greater risk of being hacked, experts warn

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Almost a year into the second Trump administration, public sector leaders and cybersecurity experts say budget cuts and gutting of ...

McDonald’s U.S. boss puts focus on ‘value and affordability’ as consumer spending splits

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McDonald's Meal Deal photographed in Washington, D.C., on Aug. 26, 2024.Scott Suchman | The Washington Post | Getty ImagesMcDonald's leadership ...

Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut

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Member of the Federal Reserve Board of Governors Lisa Cook speaks on "The Outlook for the Economy and Monetary Policy" ...

SoftBank stares at over billion in weekly losses after stock drops 8% as investors sour on AI plays

SoftBank stares at over $50 billion in weekly losses after stock drops 8% as investors sour on AI plays

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The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | ReutersShares of ...

Alibaba-backed Moonshot releases its second AI update in four months as China’s AI race heats up

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Alibaba-backed Chinese startup Moonshot has launched one of the more popular generative AI chatbots called Kimi.Sopa Images | Lightrocket | ...

AI startup Metropolis, biggest parking lot operator in U.S., raises .6 billion for major retail expansion

AI startup Metropolis, biggest parking lot operator in U.S., raises $1.6 billion for major retail expansion

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Metropolis, which uses AI and computer vision to identify vehicles and take parking lot payments without any physical transaction, has ...

Auto repair chain Monro soars after Carl Icahn takes 15% stake to become largest shareholder

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Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.David A. Grogan | CNBCBillionaire investor Carl Icahn ...

Chinese autonomous driving firm Pony.ai sees shares drop 14% in Hong Kong debut

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A Pony.ai autonomous car.Pony.aiChina's Pony.ai on Thursday saw its shares drop over 14%, while rival WeRide fell nearly 12% as ...

Lucid misses Wall Street expectations, narrows production guidance

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