(Reuters) -Amazon.com is investing $10 billion in North Carolina to expand its artificial intelligence infrastructure, further deepening its presence in…
AI-driven search ad spending set to surge to $26 billion by 2029, data shows
By Jaspreet Singh (Reuters) -Spending on AI-powered search advertising is poised to surge to nearly $26 billion by 2029 from…
US judge dismisses California’s tariff lawsuit, teeing up appeal
By Dietrich Knauth NEW YORK (Reuters) -A U.S. judge dismissed the state of California’s challenge to President Donald Trump’s tariffs,…
JPMorgan gives consumer banking head Lake more responsibility as incumbent leaves
(Reuters) -JPMorgan Chase has given Marianne Lake, widely seen as a potential successor to CEO Jamie Dimon, the additional responsibility…
Fed’s Bostic says current uncertainty calls for patience on rate policy
By Michael S. Derby NEW YORK (Reuters) -Atlanta Federal Reserve President Raphael Bostic said on Tuesday a strong economy gives…
Palantir defies tech gloom as Trump momentum powers stellar share gains
By Arsheeya Bajwa (Reuters) -Palantir Technologies has succeeded where most tech stocks have struggled this year: staying hot in a…
Fed likely on track to lower rates after bumpy period, says Goolsbee
(Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee said on Monday he continues to think the U.S. central bank will…
Disney laying off several hundred in film, TV, finance
(Reuters) -Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a source familiar…
Mattel is combining film and television units to create Mattel Studios
(Fixes misspelling in paragraph 5 on Margot) By Danielle Broadway LOS ANGELES (Reuters) -Toy maker Mattel is combining its film…
Coinbase breach linked to customer data leak in India, sources say
By Raphael Satter WASHINGTON (Reuters) -Cryptocurrency exchange Coinbase knew as far back as January about a customer data leak at…