Big Lots prepares bankruptcy filing with plans to sell stores, Bloomberg News reports
(Reuters) – Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and…
Dell, Palantir and Erie Indemnity to join S&P 500
(Reuters) – The S&P Dow Jones Indices said on Friday server maker Dell Technologies, data analytics firm Palantir Technologies and…
New iPhone will use Arm’s chip technology for AI, FT reports
(Reuters) -Apple’s latest iPhone with its A18 chip, which is set to be unveiled at an event on Monday, has…
Instant view: August US payrolls short of expectations, boosts bigger rate cut view
NEW YORK (Reuters) – STORY: U.S. employment increased less than expected in August, but a drop in the jobless rate…
Coinbase must face shareholder lawsuit over SEC risks
By Jonathan Stempel (Reuters) – A federal judge rejected Coinbase’s bid to dismiss a proposed class action by shareholders who…
Broadcom shares slump as revenue target disappoints investors hoping for big AI boost
(Reuters) – Broadcom’s shares slid about 9% in premarket trading on Friday, after the chipmaker’s revenue forecast spooked investors betting…
More than 90 company executives endorse Harris for US president
WASHINGTON (Reuters) – More than 90 company executives, including the chief executives of Yelp and Chobani as well as the…
FedEx invests in AI robotics company Nimble to boost its supply chain business
(Reuters) – FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale…
OpenAI considers pricier subscriptions to its Chatbot AI, The Information reports
(Reuters) -OpenAI executives have discussed higher-priced subscriptions for upcoming large language models, such as its reasoning-focused Strawberry and a new…
AT&T makes final offer to striking CWA union
(Reuters) – Telecom operator AT&T has presented the Communications Workers of America’s bargaining committee with its final offer, the union…