Apple, caught by surprise in generative AI boom, to spend $1 billion per year to catch up: Report
Apple CEO Tim Cook takes a dip in the crowd after the presentation of the new iPhone 15. Christoph Dernbach | ...
Tag: business news
UAW expands strike to Stellantis pickup truck plant in Michigan
United Auto Workers members rally outside Stellantis' Ram 1500 plant in Sterling Heights, Mich. after the union called a strike ...
FTC plans to hire child psychologist to guide internet rules
Monkeybusinessimages | Istock | Getty ImagesThe Federal Trade Commission plans to hire at least one child psychologist who can guide ...
‘Marvel’s Spider-Man 2’ video game breaks 24-hour PlayStation Studios selling record
Spider Man 2Source: Marvell"Marvel's Spider-Man 2" broke the record for fastest-selling PlayStation Studios game in its opening 24 hours, according ...
Top economists unanimous on ‘higher for longer’ rates as inflation threats linger
Pedestrians walk past a billboard announcing the World Bank Group and International Monetary Fund annual meetings, on the side of ...
Paramount’s Shari Redstone is open for business, but business may not be open for her
Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, walks to a morning session at the Allen ...
Apple supplier Foxconn says it will cooperate with Chinese authorities on tax, land use investigations
Hon Hai Group's headquarters, in Taipei, Taiwan, 15 July 2021.Ceng Shou Yi | Nurphoto | Getty ImagesApple supplier Foxconn, officially ...
Cryptocurrencies cap a winning week, bitcoin tops $30,000 on ETF optimism and flight to safety
Bitcoin extended its weekly gains on Friday, briefly topping $30,000 for the second time this week, as confidence a spot ...
Big banks are done reporting earnings. Here’s how our financial names performed against peers
Despite a murky macroeconomic environment and heightened fears around the health of the banking sector, the nation's largest financial institutions ...
Tesla stock ends the week down 15%, the worst performance of the year
Tesla shares dropped more than 15% over the last few days to close the week at $211.99 after CEO Elon ...
