Tag: business news

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate ...

‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era

by

Auliʻi Cravalho voices Moana in Disney Animation's "Moana 2."DisneyThe domestic box office is poised for its biggest Thanksgiving haul since ...

OpenAI gets new .5 billion investment from SoftBank, allowing employees to sell shares in a tender offer

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer

by

Sam Altman, chief executive officer of OpenAI, during an event in Seoul, South Korea, on Friday, June 9, 2023.SeongJoon Cho ...

Databricks closes in on multibillion funding round at billion valuation to help employees cash out

Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out

by

Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco ...

Donald Trump selects Kevin Hassett to lead National Economic Council

by

White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in ...

Dell shares fall on light forecast despite growing AI sales

by

Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations on Tuesday, despite bullish commentary from the company on ...

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

by

Best Buy on Tuesday cut its full-year sales forecast and missed Wall Street's quarterly revenue expectations, as early holiday shopping ...

Banco BPM says UniCredit’s ‘unusual’ .5 billion takeover offer does not reflect its profitability

Banco BPM says UniCredit’s ‘unusual’ $10.5 billion takeover offer does not reflect its profitability

by

A Banco BPM SpA bank branch in Milan, Italy, on Friday, Nov. 15, 2024. Bloomberg | Bloomberg | Getty ImagesItalian lender ...

Bitcoin slides toward ,000 as ETFs end a positive streak

Bitcoin slides toward $90,000 as ETFs end a positive streak

by

ANKARA, TURKIYE - NOVEMBER 23: In this photo illustration, Bitcoin cryptocurrency is displayed in Ankara, Turkiye on November 23, 2024. ...

Zoom surpasses expectations and calls for another quarter of single-digit growth

by