Tag: business news

Struggling regional lender New York Community Bancorp announced a $1 billion capital raise and a leadership shakeup on Wednesday, headlined ...

Researchers tested leading AI models for copyright infringement using popular books, and GPT-4 performed worst

by

A photo shows the logo of the ChatGPT application developed by OpenAI on a smartphone screen, left, and the letters ...

Foot Locker shares plunge more than 20% as retailer posts holiday loss, delays key financial target

by

Shares of Foot Locker fell more than 20% on Wednesday after the sneaker retailer reported a holiday-quarter loss, issued weak ...

AI is the talk of the town, but businesses are still not ready for it, survey shows

by

Ole_cnx | Istock | Getty ImagesGenerative AI adoption rate for businesses is yet to match the hype around the technology, ...

China’s top securities regulator vows to ‘strictly’ crack down on market manipulators

by

A securities business hall in Fuyang, China, in December 2023.Costfoto | Nurphoto | Getty ImagesBEIJING — China's top securities regulator ...

Dexcom announces its first-ever over-the-counter CGM Stelo has been cleared by the FDA

by

The Dexcom logo is seen on a smartphone screen and in the background.Pavlo Gonchar | SOPA Images | Lightrocket | ...

Fed Chair Powell testifying to House on Wednesday. What investors are expecting

by

Jerome Powell, chair of the Federal Reserve, during a House Financial Services Committee hearing in Washington, D.C., on June 21, ...

Target launches paid membership program as it chases new revenue streams

by

A Target store in New York, US, on Monday, March 4, 2024. Shelby Knowles | Bloomberg | Getty ImagesTarget on Tuesday ...

Ether turns negative, bitcoin slides after hitting a new record

by

Omar Marques | Lightrocket | Getty ImagesEther reversed lower in late afternoon trading Tuesday, as the price of bitcoin pulled ...

Google co-founder Sergey Brin says in rare public appearance that company ‘definitely messed up’ Gemini image launch

by