(Reuters) – Apple has suspended work on its next high-end Vision headset, the Information reported on Tuesday, citing an employee at a manufacturer that makes
Category: Business
Amazon Pharmacy expands $5 monthly subscription to Medicare patients
(Reuters) – Amazon.com’s pharmacy unit said on Tuesday it is expanding eligibility for its monthly subscription service, which covers a range of generic drugs, to
Huge tech ETF set to buy $10 billion in Nvidia shares
By Suzanne McGee and Lisa Pauline Mattackal (Reuters) – One of the world’s largest technology funds is set to ramp up its exposure to Nvidia,
Chile lithium miner SQM reaches supply deal with Hyundai, Kia
SANTIAGO (Reuters) -Chilean lithium miner SQM, the world’s second-largest lithium producer, said on Monday it had reached a long-term supply deal with Hyundai and Kia
US Treasury, IRS to close $50 billion tax loophole on partnerships
By David Lawder WASHINGTON (Reuters) -The U.S. Treasury and Internal Revenue Service said on Monday they will close a tax loophole exploited by large, complex
OpenAI CEO says company could become benefit corporation- The Information
(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
Oil climbs on optimistic demand growth estimates for 2024
By Robert Harvey and Natalie Grover LONDON (Reuters) – Brent oil futures prices ticked higher on Friday and were on course for their best week
Target’s renewed private-label push fails to stem market share drop
By Siddharth Cavale NEW YORK (Reuters) – “Target is my backup option,” said Chloe Guss, a shopper at the retail chain for nearly 20 years
Wells Fargo fires more than dozen employees for allegedly faking work, Bloomberg News reports
(Reuters) – Wells Fargo last month terminated over a dozen employees after reviewing allegations that they were involved in simulation of keyboard activity, creating an
3M to transfer about $2.5 billion of US pension obligations to Met Tower Life Insurance
(Reuters) – 3M said on Thursday it would transfer about $2.5 billion of its U.S. pension payment obligations and related plan assets for nearly 23,000