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Elon Musk sues OpenAI for abandoning original mission for profit FILE PHOTO: 54th WEF annual meeting in Davos
  • Business

Elon Musk sues OpenAI for abandoning original mission for profit

Stock Focus Report March 1, 2024
By Jahnavi Nidumolu, Aditya Soni and Sheila Dang (Reuters) -Billionaire entrepreneur Elon Musk has sued ChatGPT-maker OpenAI...
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GM recalling 820,000 pickup trucks for tailgate issue FILE PHOTO: Logo of GM atop the company headquarters
  • Business

GM recalling 820,000 pickup trucks for tailgate issue

Stock Focus Report March 1, 2024
By David Shepardson WASHINGTON (Reuters) -General Motors is recalling 820,000 newer pickup trucks in North America because...
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As NYCB’s shares dive, options traders prepare for worse A Branch of New York Community Bank in New York
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As NYCB’s shares dive, options traders prepare for worse

Stock Focus Report March 1, 2024
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The latest knock to the shares of New York...
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Tesla raises prices of some Model Y vehicles in US FILE PHOTO: FILE PHOTO: Tesla hands over first cars produced
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Tesla raises prices of some Model Y vehicles in US

Stock Focus Report March 1, 2024
(Reuters) -Tesla on Friday raised prices of certain Model Y vehicles in the United States by $1,000,...
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Boeing agrees to $51 million settlement for US export violations, including in China FILE PHOTO: Farnborough International Airshow
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Boeing agrees to $51 million settlement for US export violations, including in China

Stock Focus Report February 29, 2024
By David Shepardson WASHINGTON (Reuters) -Boeing said on Thursday it had reached a $51 million settlement with...
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US IRS aims to collect on 125,000 unfiled high-income tax returns IRS Commissioner Danny Werfel testifies before House Committee on Ways
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US IRS aims to collect on 125,000 unfiled high-income tax returns

Stock Focus Report February 29, 2024
By David Lawder WASHINGTON (Reuters) -The Internal Revenue Service said on Thursday it will crack down on...
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Best Buy thrives in holiday quarter on discounts, paid memberships Best Buy on Black Friday in Maryland
  • Business

Best Buy thrives in holiday quarter on discounts, paid memberships

Stock Focus Report February 29, 2024
By Savyata Mishra (Reuters) – Best Buy posted a smaller drop in fourth-quarter sales than expected and...
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Retail investors’ AI bet C3.ai climbs on strong results, forecast Illustration shows C3.ai logo
  • Business

Retail investors’ AI bet C3.ai climbs on strong results, forecast

Stock Focus Report February 29, 2024
(Reuters) -C3.ai shares jumped 24% to a six-month high on Thursday after the AI software firm delivered...
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HP misses first-quarter revenue estimates on sluggish demand in PC market A screen displays the logo for HP Inc. at the
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HP misses first-quarter revenue estimates on sluggish demand in PC market

Stock Focus Report February 28, 2024
By Jaspreet Singh (Reuters) -HP Inc missed Wall Street estimates for first-quarter revenue on Wednesday, marking a...
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Snowflake forecasts weak first-quarter product revenue, shares slump The company logo for Snowflake Inc. is displayed on a
  • Business

Snowflake forecasts weak first-quarter product revenue, shares slump

Stock Focus Report February 28, 2024
(Reuters) -Snowflake forecast first-quarter product revenue below Wall Street estimates on Wednesday on expectations that customers would...
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