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Michelle ChapmanFortune |
Meta will buy AMD's latest chips, the MI450, to help power data centers, in a 6-gigawatt agreement.
Warner Bros. said Tuesday that its board still recommends unanimously that shareholders vote for the Netflix buyout.
UPS is planning to cut up to 30,000 operational jobs this year as the package delivery company continues with its turnaround efforts and reducing the...
U.S. control of the Venezuelan energy industry could “reshape the balance of power in international energy markets,” analysts with JP Morgan wrote...
“We expect this elevated level of impact to continue through the fourth quarter and into the next fiscal year," CEO Voin Todorovic said.
GM warned that it may take additional hits as it adjusts production, with non-cash charges potentially impacting operations and cash flow in the...
The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in...
"It's profoundly disappointing to come to the conclusion that that independence, the very basis of our sale to Unilever, is gone.”
Google is using its search engine to celebrate the October release of Swift's “The Life of a Showgirl.” Users who search for “Taylor Swift”...
Lip-Bu Tan has invested in China’s state-owned enterprise SMIC, which seeks to advance China’s chipmaking capabilities.
In December Delaware Chancellor Kathaleen St. Jude McCormick reaffirmed her earlier ruling that Tesla must revoke Musk’s multibillion-dollar pay...
A soft U.S. dollar and the digital currency friendliness of the Trump administration is helping things along.
The Eighth Circuit said the analysis is required for rules with a $100 million impact; the FTC claimed the impact would have been smaller.
Lululemon alleges that Costco is known to use manufacturers of popular branded products for its private label Kirkland brand.
Earlier this month Amazon announced that it was planning to invest $10 billion toward building a campus in North Carolina to expand its AI...
Shaquille O'Neal, and other celebrities like Tom Brady and Stephen Curry, were named in the lawsuit in 2022.
The airline announced in February that it was eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the...
The deal still needs court approval.
American Airlines pulled its financial guidance for 2025.
Boeing CEO Kelly Ortberg doesn’t expect the U.S. trade war with China to forestall the company's financial recovery.
Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico after President Trump announced a 25% tariff on imported...
The bank warned that inflation will rise “quite sharply” to peak at 3.7% later this year, up from 2.8% in the last forecast.
The public announcement arrived about one month after Elliott Investment Management revealed a stake of more than $5 billion in the aerospace,...
Getty Images shareholders will own about 54.7% of the combined company at closing and Shutterstock stockholders will own approximately 45.3%.