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Day: January 26, 2024

Musk’s SpaceX sued for negligence in accident that led to worker’s coma
Business

Musk’s SpaceX sued for negligence in accident that led to worker’s coma

By Marisa Taylor and Joey Roulette WASHINGTON (Reuters) – Elon Musk’s SpaceX is facing a negligence lawsuit brought by the…

Elon Musk says his AI startup xAI not raising capital
Business

Elon Musk says his AI startup xAI not raising capital

(Reuters) -Elon Musk said on Friday his artificial intelligence firm xAI was not in talks with investors to secure funding,…

Intel tumbles as chipmaker falls further behind in AI race
Business

Intel tumbles as chipmaker falls further behind in AI race

By Samrhitha A (Reuters) -Intel slumped more than 12% on Friday following a bleak first-quarter revenue outlook, as the chipmaker…

JetBlue casts doubt on its merger deal with Spirit Airlines
Business

JetBlue casts doubt on its merger deal with Spirit Airlines

By Rajesh Kumar Singh and Shivansh Tiwary (Reuters) -JetBlue Airways on Friday raised doubts about the future of its $3.8…

Tesla to recall 200,000 vehicles in US to fix rearview glitch – NHTSA
Business

Tesla to recall 200,000 vehicles in US to fix rearview glitch – NHTSA

(Reuters) -Tesla is recalling nearly 200,000 Model S, X, and Y vehicles in the U.S. due to a software malfunction…

AmEx forecasts upbeat 2024 profit as credit card spending stays resilient
Business

AmEx forecasts upbeat 2024 profit as credit card spending stays resilient

By Sri Hari N S and Niket Nishant (Reuters) -American Express forecast a better-than-expected profit for 2024 on hopes that…

LVMH results prompt $70 billion buying spree in luxury shares
Business

LVMH results prompt $70 billion buying spree in luxury shares

By Mimosa Spencer PARIS (Reuters) -Investors dived back into top luxury shares on Friday, adding some $70 billion to their…

Intel forecasts quarterly revenue below estimates, stock falls
Business

Intel forecasts quarterly revenue below estimates, stock falls

By Arsheeya Bajwa and Max A. Cherney (Reuters) -Intel on Thursday forecast revenue for the first quarter that could miss…

Visa’s tepid revenue outlook clouds profit beat, shares drop
Business

Visa’s tepid revenue outlook clouds profit beat, shares drop

By Manya Saini (Reuters) -Visa’s tepid forecast for current-quarter revenue growth on Thursday eclipsed a market-beating earnings report that was…

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