BEIRUT (Reuters) – Lebanon’s parliament will attempt to elect elect a new head of state on Thursday, with officials seeing…
Month: January 2025
Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA saysÂ
SAO PAULO/MEXICO CITY (Reuters) – E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into…
Berkshire shareholder seeks committee to oversee AI at Buffett’s company
By Jonathan Stempel (Reuters) – A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with…
Point72 kicks off new private credit strategy, statement shows
NEW YORK (Reuters) – Point72 Asset Management has hired Todd Hirsch, a former senior managing director at Blackstone, to head…
Meta shelves fact-checking in policy reversal ahead of Trump administration
By Katie Paul, Supantha Mukherjee and Deborah Mary Sophia (Reuters) -Social media company Meta Platforms on Tuesday scrapped its U.S.…
AbbVie cuts 2024 profit forecast on acquisition expenses
(Reuters) – AbbVie lowered its 2024 adjusted profit forecast on Monday as the drugmaker incurred $1.6 billion in acquisition expenses…
Google should be forced to bargain with contractor’s union, US labor agency says
By Daniel Wiessner (Reuters) – Alphabet’s Google is facing a second complaint from a U.S. labor board claiming that it…
AI-influenced shopping boosts online holiday sales, Salesforce data shows
(Reuters) – Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season, boosting online sales in…
What happens after the TikTok ban?
By Sheila Dang (Reuters) -The U.S. Supreme Court will hear arguments on Friday from TikTok and its China-based owner ByteDance,…
Toyota posts 3.7% rise in 2024 US sales
(Reuters) – Toyota Motor North America reported a 3.7% rise in annual U.S. auto sales on Friday, benefiting from higher…