The US has some urgent work to do if it is to secure supply chain reliability and independence from competitors like China, a top White House adviser acknowledged this week. “Look, this is a major concern for the US and…
US-based Alphabet and China-based Baidu publicly announced their rival ChatGPT on Monday as generative AI threatens to throw a bombshell into the world of internet search. In a blog post released Monday, Alphabet CEO Sundar Pichai revealed more details about…
BP has scaled back its industry-leading commitment to cut oil and gas production by 2030 after rising fossil fuel prices helped the British energy company post the highest annual earnings in its 114-year history. The company on Tuesday reported underlying…
BNP Paribas reports 4th quarter 2022 and full year earnings. Miguel Medina Afp | Getty Images BNP Paribas reported Tuesday a 7% increase in net income for 2022 and revised profit targets. The French bank said net profit attributable to…
Like thousands of other Austin residents, Darin Murphy has been without power for the sixth day in his home, wrapping his head around the city’s latest demoralizing update: Getting the lights back on could take another week. “We plan for…
Tyson said beef sales were down 6% from a year ago, and average prices were down 8.5%, due to a drop in US demand © Frederic J Brown/AFP via Getty Images The largest U.S. meat producer warned of a tough…
Last week was a big one for tech earnings, but it ended with a laugh as a string of disappointments left market watchers questioning the strength of the tech rally. The week kicked off with positive earnings surprises from the…
The chain of marijuana stores that was once described as the ‘Apple of Marijuana Stores’ and was valued at $1.7 billion as a public company, is on the verge of financial collapse, according to a regulatory filing. The company, MedMen,…
The US has said it does not plan to return debris from a Chinese spy balloon shot down by the Pentagon on Saturday to Beijing, even as technical experts have completed an analysis of the ship’s surveillance capabilities. National Security…
Boeing expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the planemaker confirmed to the Seattle Times newspaper on Monday. Last month, the Virginia-based company announced it would…