All news by author: Reuters

Last year, Microsoft managed to cut over $500 million in costs at its call centers by implementing artificial intelligence, Bloomberg News reported on Wednesday

OpenAI is nearing the launch of a web browser driven by AI that will compete with Alphabet's dominant Google Chrome, according to three individuals knowledgeable about the situation, as reported by Reuters

Nvidia's market capitalization reached $4 trillion on Wednesday, marking the first time a publicly traded company has achieved this milestone, further cementing its status as one of Wall Street's most favored stocks

The Wall Street bank Goldman Sachs announced on Tuesday that former British prime minister Rishi Sunak will return to the firm as an advisor, assuming a new position a year after he led the Conservatives to a significant electoral loss

Wendy's announced on Tuesday that its CEO, Kirk Tanner, is departing the burger company after a little more than one year in the position to assume the top role at the chocolate producer Hershey

On Tuesday, China cautioned the Trump administration not to rekindle trade disputes by reimposing tariffs on its products in the coming month, and it vowed to respond against countries that make agreements with the United States to exclude China from their supply chains

Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter's level.

Erin Patterson, at the age of 50, faced charges for the murders of her in-laws, Gail Patterson and Donald Patterson, as well as Gail's sister, Heather Wilkinson. She was also accused of the attempted murder of Ian Wilkinson, Heather's husband

The aging Dalai Lama expressed to his followers his wish to live past the age of 130

Air France-KLM intends to boost its ownership of Scandinavian airline SAS to 60.5%, marking the newest move in the effort to unify Europe's diverse airline industry as airlines aim to solidify their standing against competitors

The Metropolitan Transportation Authority announced a $2.4 billion contract with French train manufacturer Alstom to supply M-9A railcars for the Long Island Rail Road and Metro-North Rail Road

Sales stayed lower than they were before COVID, yet it was the strongest June since 2019, according to the Society of Motor Manufacturers and Traders

Dutch and German intelligence agencies have collected evidence showing extensive Russian deployment of prohibited chemical weapons in Ukraine. This includes using drones to release chloropicrin, a choking agent, to force soldiers out of trenches, making them vulnerable to being shot, they reported on Friday

Comprehensive tax and budget legislation passed by Congress on Thursday will result in the termination of $7,500 tax credits for purchasing or leasing new electric vehicles on September 30, along with a $4,000 credit for used EVs, both of which have significantly boosted green vehicle sales in recent years

The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, Treasury Secretary Scott Bessent told CNBC on Thursday, adding that officials had "a lot of good candidates."

Parcel giant UPS said on Thursday it will offer voluntary buyouts to its full-time US drivers as part of the largest network reconfiguration in its history — a sweeping overhaul that includes cutting 20,000 jobs and closing 73 facilities.

The US House of Representatives, under Republican control, moved forward on Thursday with President Donald Trump's comprehensive tax reduction and spending legislation

U.S. private payrolls fell for the first time in more than two years in June as economic uncertainty hampered hiring, but low layoffs continued to anchor the labor market.

Tesla is on track for another year of declining sales following its second consecutive quarterly drop in deliveries, affected by CEO Elon Musk's conservative political views and an outdated vehicle range that has deterred some customers

Amazon founder and executive chair Jeff Bezos sold shares worth almost $737 million in the e-commerce giant in late June, according to a regulatory filing on Tuesday.

On Tuesday, police in the US stated they had taken three top hospital administrators into custody on suspicion of gross negligence manslaughter, as part of the ongoing investigation into nurse Lucy Letby, who was found guilty two years ago of murdering infants in a neonatal unit

US Senate Republicans were still trying to pass President Donald Trump's sweeping tax-cut and spending bill early on Tuesday morning, despite divisions within the party about its expected $3.3 trillion hit to the nation's debt pile.

Apple must face the Justice Department's lawsuit accusing the iPhone maker of unlawfully dominating the US smartphone market, a judge ruled Monday.

The Trump administration is considering using the next expected Federal Reserve Board of Governors vacancy in early 2026 for appointing a successor to central bank Chair Jerome Powell, Treasury Secretary Scott Bessent said Monday.

Nvidia insiders have sold more than $1 billion in company shares over the past year, with a significant increase in trading activity recently as executives take advantage of growing investor interest in artificial intelligence, the Financial Times reported on Sunday