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

By Seher Dareen and Shariq Khan LONDON/NEW YORK, May 28 (Reuters) - From Antwerp to the Seychelles, Baton Rouge to Melbourne, or New York to Namibia, the closure of the Strait of Hormuz has upended gl...

FRANKFURT, May 28 (Reuters) - The European Central Bank's decision to keep rates unchanged in April was a close call for some policymakers as persistently high inflation made it increasingly hard to l...

HONG KONG, May 28 (Reuters) - Small biotech firms "latch onto" AI more quickly than bigger firms, the head of Chinese tech giant Tencent's healthcare division said on Thursday, as more businesses embr...

May 28 (Reuters) - Kohl's stuck to its annual targets after posting a smaller-than-expected loss on Thursday, amid signs that the department store chain's turnaround efforts under new CEO Michael Bend...

By Shashwat Chauhan May 28 (Reuters) - Shares of biotech-turned-AI company Rocket One jumped almost 40% on Thursday as the company rebranded to capitalize on hot investment themes, a strategy many sma...

By Anshuman Tripathy May 28 (Reuters) - Hospitality billionaire Tilman Fertitta's firm will buy Caesars Entertainment in a $17.6 billion deal, the companies said on Thursday, expanding his leisure emp...

By Savyata Mishra May 28 (Reuters) - Best Buy on Thursday forecast second-quarter sales above Wall Street estimates after beating quarterly expectations on steady demand for AI-powered smartphones and...

(Official correction to show in paragraph 5 engineers will work with 35 people in EQT's AI transformation team, not 85) By Isla Binnie NEW YORK, May 28 (Reuters) - EQT has partnered with Alphabet's Go...

May 28 (Reuters) - IBM said on Thursday it plans to invest more than $10 billion in quantum computing over five years as it aims to build by 2029 the first large-scale quantum computer capable of runn...

By Sriparna Roy May 28 (Reuters) - CVS Health will restore Eli Lilly's weight-loss injection Zepbound to its list of covered drugs and add the drugmaker's newly approved obesity pill, Foundayo, it sai...