JPMorgan’s asset management arm to end use of proxy advisers in US, memo shows
Jan 7 (Reuters) – JPMorgan Chase’s (JPM.N), opens new tab asset management division no longer plans to use…
Dollar flat against major currencies as investors assess labor data
Dollar roughly unchanged vs euro after subdued German inflation figuresYen unaffected by China’s ban of dual-use items to…
China reviews Meta’s purchase of AI startup Manus, FT reports
Jan 6 (Reuters) – Chinese officials are reviewing Meta’s (META.O), opens new tab $2 billion acquisition of artificial…
AI boom is in early bubble phase, Bridgewater founder Ray Dalio says
Jan 5 (Reuters) – The artificial intelligence boom that powered Wall Street’s technology stocks is “now in the…
L3Harris sells 60% stake in space propulsion business for $845 million
Jan 5 (Reuters) – L3Harris Technologies (LHX.N), opens new tab said on Monday it will sell an about…
Foxconn’s Q4 revenue jumps 22% to record high on AI demand
Item 1 of 2 A wheeled AI industrial humanoid robot is on display at Foxconn’s annual tech day…
Exclusive: L3Harris nears space propulsion asset stake sale to AE Industrial, sources sayÂ
Deal aligns with AE Industrial’s space technology consolidation strategyL3Harris retains 40% stake, AE Industrial expected to pay over…
Exclusive: Samsung to double AI mobile devices to 800 million units this year
Item 1 of 3 TM Roh, co-CEO who oversees mobile phones, TVs and home appliances at Samsung Electronics,…
US jobless claims slide to cap a bumpy year for job market
Jobless claims drop unexpectedly, lowest since NovemberContinuing claims ease but remain higher than last yearFed debates rate cuts…
No Reuters global currency reports on Thursday, January 1
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia…
Musk’s xAI buys third building to expand AI compute power
Dec 30 (Reuters) – Elon Musk said on Tuesday his artificial intelligence startup xAI has bought a third…
Poland urges Brussels to probe TikTok over AI-generated content
TikTok profile promoting EU exit for Poland gains traction, then disappearsTikTok removed content violating its rules, spokesperson saysEU’s…