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Walmart to lay off hundreds of corporate staff and relocate others, WSJ reports
(Reuters) - Walmart is cutting hundreds of corporate jobs and asking most remote workers to move to offices, the Wall Street Journal reported on Monday, citing people familiar with the matter. Meanwhile, workers at the U.S. retail giant's smaller ...
Oil steady as investors eye US inflation, OPEC report
By Jeslyn Lerh SINGAPORE (Reuters) - Oil prices were little changed on Tuesday as investors eyed fresh drivers, including upcoming U.S. inflation indicators and a monthly report from the Organization of the Petroleum Exporting Countries this ...
Sony restructures leadership of key games business
By Sam Nussey TOKYO (Reuters) - Sony announced two company executives would take new leadership roles at its games unit with responsibility for the technology and content sides of the business. Hideaki Nishino will become CEO of Sony Interactive ...
IMF endorses Japan's commitment to flexible yen
By Leika Kihara TOKYO (Reuters) - The International Monetary Fund (IMF) said Japan's commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability, warning against growing calls by some analysts to use ...
Japan April wholesale inflation steady as weak yen boosts import costs
TOKYO (Reuters) - Japan's wholesale prices rose 0.9% in April from a year earlier, steady from the previous month as the yen's decline pushed up import costs, central bank data showed on Tuesday. The rise in the corporate goods price index ...
Google-backed Anthropic releases Claude chatbot across Europe
By Martin Coulter LONDON (Reuters) - Artificial intelligence startup Anthropic, which is backed by Alphabet's Google and Amazon.com, said it would release its generative AI chatbot Claude across Europe on Tuesday. WHY IT'S IMPORTANT Anthropic's ...
Rumble sues Google over digital advertising practices
WASHINGTON (Reuters) -Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and sought damages in excess of $1 billion. The suit ...
Unions, lawmakers protest Boeing firefighter lockout
By David Shepardson ARLINGTON, Virginia (Reuters) - Union leaders and U.S. lawmakers on Monday criticized Boeing's lockout of its unionized firefighters and urged the planemaker to reach a contract deal. Earlier this month, Boeing locked out ...
VC firm Accel raises $650 million to invest in AI, cybersecurity startups
By Supantha Mukherjee STOCKHOLM (Reuters) - Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The new ...
Mexican airline Grupo Aeroméxico reveals 29% annual revenue jump in US IPO filing
(Reuters) -Grupo Aeroméxico SAB de CV recorded a 29% jump in revenue for 2023, the Mexican airline disclosed in its paperwork for an initial public offering in the United States on Monday, more than two years after it exited bankruptcy proceedings.
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