(Reuters) -OpenAI CEO Sam Altman told some shareholders that the company is considering changing its governance structure to a for-profit business that OpenAI’s nonprofit board
Day: June 15, 2024
Retail stocks search for direction as rates stay high
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies
Nasdaq manages 5th straight record high close; S&P 500 ends barely lower
By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq eked out a fifth straight record closing high on Friday following gains in Adobe and other technology-related
Explainer-What is the G7’s $50 billion loan plan for Ukraine?
BARI, Italy (Reuters) – The Group of Seven rich democracies have agreed to use proceeds from frozen Russian assets to give Ukraine $50 billion in