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

(This story has been republished to change an incorrect image) By Pritam Biswas, Raphael Satter and Anirban Sen NEW YORK, Aug 5 (Reuters) - Hackers attempted a series of sophisticated cyberattacks on ...

Aug 5 (Reuters) - Activist investor Starboard Value has built a new stake in Shake Shack, a source familiar with the matter told Reuters on Wednesday, sending the company's shares up about 9%. Earlier...

Aug 5 (Reuters) - The Dallas and New York Federal Reserve banks plan to launch a pilot survey into the estimated $1.3 trillion private credit market after the end of the third quarter, the New York Fe...

Aug 5 (Reuters) - Retail investors continued to pile into SpaceX shares on Wednesday, buying the dip after a sharp drop following the company's first ever earnings report as a public company. Mom-and-...

By Lewis Krauskopf NEW YORK, Aug 5 (Reuters) - As the U.S. stock market soars to fresh record highs this week, investors say a powerful corporate profit engine, a reset in high-flying AI shares and st...

By Kenrick Cai SAN FRANCISCO, Aug 5 (Reuters) - Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial...

SAN FRANCISCO, Aug 5 (Reuters) - Amazon's Zoox will begin paid rides in Las Vegas next week, the company said on Wednesday, days after the U.S. road safety agency allowed commercial deployment of its ...

By Gertrude Chavez-Dreyfuss NEW YORK, Aug 5 (Reuters) - Investors piled into U.S. swap futures early this week after a sharp back-up in Treasury yields, as investors scrambled to hedge against further...

Aug 5 (Reuters) - Chipotle Mexican Grill said on Wednesday its annual targets shared last week did not include the financial impact from the salmonella outbreak in Minnesota, which resulted in the bur...

Aug 5 (Reuters) - Anthropic said on Wednesday it is building an in-house team to design custom chips for its Claude AI models, confirming an earlier Reuters report, as the startup responds to a shorta...