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What AI bubble? Nvidia’s strong earnings signal there’s more room to grow
U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there is still...
Musk’s xAI to build major data centre in Saudi Arabia powered by Nvidia chips
Elon Musk said his artificial intelligence startup xAI plans to build a 500-megawatt data centre in Saudi Arabia in partnership with Humain, the...
Longtime Walmart CEO to step down in January
Walmart announced Friday that longtime CEO Doug McMillon will retire at the end of January — which came as a surprise to some given the company’s...
Trump calls on House Republicans to vote to release Epstein files: ‘We have nothing to hide’
President Trump is calling on House Republicans to vote to release files related to disgraced financier Jeffrey Epstein, insisting he has ‘nothing to...
TotalEnergies strikes €5.1bn deal for half of EPH’s flexible power arm
French energy major TotalEnergies has agreed to acquire a 50% stake in Czech group EPH’s flexible power generation platform in Western Europe, in a...
More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day
More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress in labor negotiations with the...
October monthly job cuts surged to a 22-year high
U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday. “This is...
Yum Brands begins strategic review for struggling Pizza Hut chain
Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to keep pace in a highly competitive...
Kimberly-Clark to buy Kenvue in $48.7 billion deal
Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue KVUE.N in a cash-and-stock deal valued at about $48.7 billion, to create one of the...
Barbie, Monopoly toymakers see bright holiday season despite tariff pressure
President Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday season nears. Still, both companies see a...
