Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Stephen Culp NEW YORK, July 1 (Reuters) - U.S. and world stocks embarked on a new month and quarter with little conviction, as tech shares in general and chip stocks in particular weighed on Wall S...

July 1 (Reuters) - Denim retailer American Eagle Outfitters on Wednesday named Ravi Thanawala its chief financial officer, replacing company veteran Mike Mathias, effective August 3. Here are some mor...

By Mike Colias July 1 (Reuters) - Nissan CEO Ivan Espinosa was pleased when the automaker reported Wednesday that its second-quarter U.S. vehicle sales ticked higher. But he knows there's still a long...

By Echo Wang July 1 - SoftBank Group has reopened talks with a consortium of lenders for a $10 billion loan backed by its stake in OpenAI, after earlier attempts to secure a loan stalled over concerns...

By Courtney Rozen and Jody Godoy WASHINGTON, July 1 (Reuters) - The Federal Trade Commission on Wednesday said AI companies whose chatbots produce responses that reflect "ideological objectives" may v...

July 1 (Reuters) - Elon Musk on Wednesday denied a Wall Street Journal report that SpaceX showed investors and other stakeholders a prototype of an AI-focused device ahead of its blockbuster IPO. "Utt...

By Jasper Ward and Nate Raymond WASHINGTON, July 1 (Reuters) - Chinese technology and e-commerce giant Alibaba and its U.S.-based payment processor have agreed to pay $600 million to resolve allegatio...

July 1 (Reuters) - Robinhood said on Wednesday it plans to launch crypto trading in the UK and broadened its perpetual futures offering in Europe beyond cryptocurrencies. Here are some details: Eligib...

July 1 (Reuters) - A group of Senate Democrats requested on Wednesday that the Federal Reserve's in-house watchdog investigate a meeting by the central bank's top bank regulator and financial market p...

July 1 (Reuters) - Federal Reserve Chairman Kevin Warsh said on Wednesday that while he has not changed his mind that a large central bank balance sheet should be shrunk, any notable change in policy ...