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Category: Business

American Airlines asks US court to overturn ruling barring JetBlue alliance
Business

American Airlines asks US court to overturn ruling barring JetBlue alliance

By Nate Raymond BOSTON (Reuters) – American Airlines has asked a U.S. appeals court to reverse a judge’s decision that…

Musk says his AI firm xAI is rolling out chatbot Grok to X Premium+ subscribers
Business

Musk says his AI firm xAI is rolling out chatbot Grok to X Premium+ subscribers

(Reuters) – Elon Musk said on Thursday his artificial intelligence (AI) startup xAI is rolling out ChatGPT competitor Grok for…

Dollar General warns of constrained consumer spending heading into 2024
Business

Dollar General warns of constrained consumer spending heading into 2024

By Granth Vanaik (Reuters) -Dollar General on Thursday warned of constrained customer spending, especially in categories such as clothes and…

GameStop misses revenue estimates on slow videogame demand, competition
Business

GameStop misses revenue estimates on slow videogame demand, competition

By Arsheeya Bajwa (Reuters) -GameStop missed quarterly revenue estimates on Wednesday as competition grew and consumers dialed back spending in…

AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024
Business

AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024

By Max A. Cherney (Reuters) -AMD estimated there was a $45 billion market for its data center artificial intelligence processors…

Oil falls 4% as build in gasoline stocks fuel demand concerns
Business

Oil falls 4% as build in gasoline stocks fuel demand concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell nearly 4% on Wednesday to their lowest settlements since June, as worries…

Apple to launch new iPads, M3 MacBook Air to fight weak sales – Bloomberg News
Business

Apple to launch new iPads, M3 MacBook Air to fight weak sales – Bloomberg News

(Reuters) – Apple is planning to release several new models, including a faster MacBook Air and two updated iPads, early…

Elon Musk’s AI firm xAI files to raise up to $1 billion in equity offering
Business

Elon Musk’s AI firm xAI files to raise up to $1 billion in equity offering

(Reuters) -Elon Musk’s artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion…

US crypto industry lobby spending on track for new record in 2023
Business

US crypto industry lobby spending on track for new record in 2023

By Hannah Lang WASHINGTON (Reuters) – The cryptocurrency industry was on track to hit a new record for federal lobbying…

Alaska Air to buy peer Hawaiian for $1.9 billion
Business

Alaska Air to buy peer Hawaiian for $1.9 billion

By Rajesh Kumar Singh, Akanksha Khushi and Anirban Sen (Reuters) -Alaska Air Group Inc said on Sunday it would acquire…

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