By Jonathan Saul LONDON (Reuters) -War risk insurance premiums for shipments to Israel are as much as three times higher…
Category: Business
Amazon’s workforce to reduce on rollout of generative AI, agents
(Reuters) -Rollout of generative AI and agents will reduce Amazon’s total corporate workforce in the next few years, Andy Jassy,…
Fed announces meeting to discuss easing bank leverage rules
By Pete Schroeder WASHINGTON (Reuters) -The Federal Reserve will consider plans to ease leverage requirements on larger banks at a…
Trump Media seeks SEC approval for bitcoin and ethereum ETF
By Suzanne McGee and Manya Saini (Reuters) -Trump Media & Technology Group is seeking to launch an exchange-traded fund that…
Renewable energy remains cheapest power builds as new gas plants get pricier
NEW YORK (Reuters) -Renewable power like solar and onshore wind is the least expensive and quickest power generation source to…
OpenAI executives have discussed accusing Microsoft of anticompetitive behavior, WSJ reports
(Reuters) -Executives at OpenAI have discussed accusing the company’s major backer, Microsoft, of anticompetitive behavior during their partnership, the Wall…
Traders pile into $80 US oil bets as tensions rise in Middle East
(Reuters) -Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more…
OpenAI to continue working with Scale AI after Meta deal
By Supantha Mukherjee PARIS (Reuters) -OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to…
Adobe shares slide as investors skeptical of quicker AI-adoption returns
By Twesha Dikshit (Reuters) -Adobe’s shares dropped 7% in early trading on Friday as investors’ concern that the company’s AI…
Amazon’s healthcare business to be divided into six units after losing top health executives
By Siddhi Mahatole (Reuters) -Amazon said on Friday its healthcare business will be divided into six new units as part…