CEO of Meta Platforms Mark Zuckerberg attends a press briefing held by U.S. President Donald Trump with AI executives following a meeting on artificial intelligence, outside the West Wing of the White House...
minutes agoRachel Clun,Business reporterandGrace Goodwin,US reporterJustin Sullivan/Getty ImagesHalloween shoppers in the US seeking sweet relief this spooky season have instead been shocked by the high...
Rivian shares surged Friday after its latest results boosted optimism that the long-struggling electric-vehicle maker is headed toward better times. The Irvine-based manufacturer announced Thursday that it...
Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the AI spending boom.
(Kitco News) – Gold prices suffered another sharp weekly decline, as an early recovery gave way to heavy selling after the Federal Reserve maintained its hawkish stance, stronger U.S. economic data...
(Kitco NewsWire) - Spot gold and silver prices were sharply lower in late U.S. trading Friday, as a technology-led equity market selloff intensified liquidation pressure across precious...
As fallout begins from the announcement that Weil, Gotshal & Manges is winding down operations, leaders in the legal space told Law.com about what an impact the firm has had and what a hole its absence will create.
Meta on Friday reached a settlement with a teen plaintiff, identified in court documents as K.D.B., who claimed the company’s platforms, Instagram and Facebook, were addictive and caused her mental health problems, attorneys for the plaintiff said.
Alphabet, Google’s parent company, and several other Silicon Valley giants are having a rough week on Wall Street. Shares of major tech companies have plunged in recent days as investors grow increasingly...
Key Takeaways ExxonMobil reported Q3 2026 GAAP earnings of $15.4 billion and cash flow from operations of $25.7 billion. The company invested $7.0 billion in the business and returned $9.4 billion to...
Rivian’s third-quarter results show that demand for the R2 is very strong, despite the automaker currently only offering the model in its most expensive form.The launch of Rivian’s smaller SUV has resulted in...
Like a real-life episode of "Suits," the demise of famed white-shoe Wall Street law firm Weil, Gotshal & Manges has been the talk of the legal industry. And now an AI firm has entered the picture.
HICKSVILLE, N.Y. (WKRC) - Wise Wife ground cinnamon sold in Ohio and 13 other states is being recalled because it may contain elevated levels of lead, the U.S. Food and Drug Administration said.SLR Food...
The effective corporate income tax rate is now the lowest it’s been in decades, and a tapering revenue source for the U.S. government is raising concerns among some policy experts. More than 700 profitable...
Facebook and Instagram icons are seen displayed on an iPhone.Jakub Porzycki | Nurphoto | Getty ImagesMeta Platforms has settled with a teen plaintiff who accused the company of designing Instagram and...
The tech-heavy Nasdaq shed about 3 per cent by mid afternoon. In Canada, the S&P/TSX composite index was down about 2.3 per cent. Worries are rising about whether the hundreds of billions of dollars invested in AI will produce enough profit and productivity to make the investment worth it.
U.S. oil giants raked in billions of dollars in profits in the third quarter as oil prices surged amid supply constraints caused by conflicts around the world, contributing to higher prices at the pump for...
Recent advances in artificial intelligence (AI) have shifted the tech landscape, minting a string of stock winners along the way. One of those is Sandisk (SNDK -14.05%). It's been less than a year since it...
Jakub Porzycki | Nurphoto | Getty ImagesCrypto firms and law enforcement are racing to recover more than $6 billion worth of cryptocurrency stolen from Binance before hackers manage to hide the funds.The...
Oct 31, 2026 – 5.00amIf it wasn’t already obvious how pivotal the float of Anthropic will be to the fate of the artificial intelligence boom, it should be now.Even the biggest gorillas in the AI zoo are...
Halloween candy: It's decision time. Are you going to get stuff you like? Or are you going to get stuff you don't like so you don't eat any? Are you going to spend a ton? Or are you afraid of being left with...
ExxonMobil and Chevron reported profits Friday from almost $10 billion to over $15 billion amid the Iran war that’s triggering high oil prices and skyrocketing refining margins. Big Oil’s big earnings come...