Tag: business news

10'000 Hours | Digitalvision | Getty ImagesWhat are annuities?Annuities are issued by insurance companies. Consumers generally hand over a lump ...

Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts

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Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered ...

AI cannot be named as an ‘inventor,’ top UK court says in patent dispute

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Middlesex guildhall is home of Supreme Court of United Kingdom.David Bank | Moment | Getty ImagesArtificial intelligence cannot be listed ...

Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC

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POLAND - 2023/08/01: In this photo illustration, a Coinbase logo displayed on a smartphone with stock server lights in the ...

Apple has stopped selling some Apple Watches on its website because of patent dispute

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An Apple Watch Ultra 2 device is displayed for sale at The Grove Apple retail store on release day in ...

James Gorman talks Disney succession, proxy fight as he gears up to join board

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Morgan Stanley CEO James Gorman said Thursday that he's gearing up to join a succession planning committee at Disney, which ...

Anthropic, the OpenAI rival, is in talks to raise 0 million in funding at an .4 billion valuation

Anthropic, the OpenAI rival, is in talks to raise $750 million in funding at an $18.4 billion valuation

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Omar Marques | Lightrocket | Getty ImagesAnthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to raise a ...

UK and Switzerland sign post-Brexit financial services deal

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The U.K. and Switzerland are deepening the ties between their financial services sectors with a new post-Brexit deal.Sopa Images | ...

Apple resolves outage affecting its payment features, including Apple Pay, Card, Cash and Wallet

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Several of Apple's payment features, including Apple Pay, were down for a period of time Wednesday morning, according to Apple's ...

Citigroup to close global distressed-debt business as part of CEO Jane Fraser’s overhaul

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