Result Page 29 for Latest Business News & Archive

Shoppers leave the American Eagle Outfitters store in Broomfield

American Eagle Sues Amazon Over Alleged Sale Of Aerie 'Knock-offs'

American Eagle has filed a suit against Amazon after allegedly selling knock-offs of its Aerie products.

OpenAI's CTO Mira Murati, 2 Top Research Execs Resign Amid Wave Of Departures

OpenAI CEO Sam Altman hailed the models as "a new paradigm: AI that can do general-purpose complex reasoning"

The departures of Chief Technology Officer Mira Murati, Chief Research Officer Bob McGrew and Vice President of Research Barret Zoph come amid the ChatGPT maker's reported shift to a for-profit model and discussions of a potential $6.5 billion investment round.

Meta Unveils Orion AR Glasses, Upgrades AI Chatbot With Celebrity Voices

Zuckerberg addressed a number of controversies centered on content moderation on his platforms

Meta shows off its new AR glasses, along with a better AI chatbot with Judi Dench-like voice.

Signage is seen outside the Blackstone Group headquarters in New York City

Vista, Blackstone To Buy Software Firm Smartsheet For $8.4 Billion

Vista and Blackstone are set to acquire Smartsheet for $8.4 billion in cash.

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Justice Department To Sue Visa Over Debit Card Market Monopoly

The US DOJ is suing Visa for allegedly controlling the debit card market, suppressing competition, and unjustly raising prices.

Levi Strauss was one of the first US companies to announce it would cover abortion-related travel costs for employees, in light of the leaked Supreme Court draft opinion

Levi Strauss Sees Delay In Reaching $10 Billion Revenue Goal By 2027: Report

Levi Strauss may be delayed in its goal of reaching $10 billion in revenues by 2027.

Pavel Durov was arrested in France in August

Telegram's Durov Announces New Crackdown On Illegal Content

Telegram founder and chief executive Pavel Durov said Monday that the messaging platform had removed more "problematic content", weeks after his arrest in France on charges of failing to act against criminals using the app.

Last Full-Sized Kmart Store In US Is Closing

Kmart enthusiasts will now have to travel to Kendall, Florida, to shop at the last US store.

Colombian Minister of Environment, Susana Muhamad, speaks during the International Meeting of Indigenous Peoples of the Amazon Basin in Bogota on August 14, 2024

At COP16, Colombia Seeks To Lead By Example On Biodiversity

As one of the world's most biodiverse countries, Colombia is determined to lead by example when it hosts an upcoming UN summit to save nature, Environment Minister Susana Muhamad told AFP on Monday.

Everton have long been at the centre of takeover talk

Friedkin Group Reach Deal To Buy Everton

Everton announced on Monday that the US-based Friedkin Group has reached an agreement to buy Farhad Moshiri's majority stake in the struggling Premier League club.

Academics have stressed the importance of the UN's peacekeeping operations, with 70,000 "blue helmets" deployed worldwide

As Wars Rage, UN's Critics Say Global Body Is Failing Its Mission

As wars rage worldwide, with civilian casualties a daily occurrence, critics of the United Nations say the body is failing at its most basic job, while experts warn the organization is being scapegoated for things that are beyond its control.

This screengrab taken from AFPTV on September 16, 2024 shows Ryan Wesley Routh speaking during an interview at a rally in support of Ukraine

Gunman Revealed Trump Plot Months Before Golf Course Arrest: DOJ

The gunman suspected of planning to kill Donald Trump wrote a chilling letter months ago about an "assassination attempt" on the former president, US prosecutors said on Monday.

UniCredit has effectively become Commerzbank's largest shareholder ahead of the German state

UniCredit Ups Stake In Commerzbank To 21 Percent

Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling speculation that it could seek a takeover of its German rival.

Northvolt Ett factory in Skelleftea will see 1,000 jobs cut as part of cost savings plan by the Swedish company

Swedish Battery Maker Northvolt To Slash 1,600 Jobs, Quarter Of Staff

Sweden's beleaguered electric car battery maker Northvolt said Monday it would cut a quarter of its staff in the country, as it struggles with strained finances and a slowdown in demand.

Rupert Murdoch's REA Group said has now made three offers to buy UK property platform Rightmove

Murdoch's REA Ups Offer For Property Website Rightmove

REA Group, the Australian online property website majority-owned by Rupert Murdoch's News Corp empire, said Monday it has made a third multi-billion-pound offer to buy British peer Rightmove.

Citigroup CFO Mark Mason called a soft landing in the US economy 'increasingly likely'

Citigroup's China Expansion Plans Hit After Failing To Fix Data Management, Risk Control Issues: Report

The fines have hindered the bank's ability to comply with licensing regulations in China. And, to expand its operations into China, the bank needs a clearance letter from the U.S. Federal Reserve.

Intel is postponing a project in the eastern German city of Magdeburg, along with another one in Poland, by around two years due to lower expected demand

Apollo Plans To Invest $5 Billion In Intel: Reports

Apollo wants to put in an equity-like investment in Intel, according to reports.

French private sector output returned to contraction after the shot in the arm from the Olympics

Eurozone Business Activity Slumps After Olympics Boost

Eurozone business activity declined for the first time in seven months in September, as France lost steam after the end of the Paris Olympic Games, a key survey said Monday.

Alaska Airlines has resumed service on the Boeing 737 MAX 9 following a three-week grounding in the wake of a January 5 emergency landing

Alaska Airlines Experiences IT Outage, Disrupting Operations And Delaying Flights

On Monday, the airline reported it had to issue a ground stop for arrivals in Seattle for about two hours. The issue has now been resolved, but the airline still expects some post-outage impact on its operations.

Single mother Radovic says the Freedom Party's tight-knit community greatly appeals to her

'Put Austrians First': On A Pub Crawl With Far-right Voters

"Austrians need to be put first in their own country again," said widowed retiree Monika Skoff, echoing what many far-right voters who fear falling behind see as the main issue in the country's election this week -- migration.

New Zealand pilot Phillip Mehrtens with Edison Gwijangge, a local Papuan politician, after his release

Indonesia, NZ Deny Papua Rebel Claim 'Bribe' Paid For Pilot Release

Jakarta and Wellington denied Monday a claim by rebels in Indonesia's restive region of Papua that a New Zealand pilot was freed from captivity over the weekend after they received payment from a local leader.

Data showing a jump in Chinese youth unemployment comes as leaders struggle to kickstart growth in the world's number two economy

Asian Markets Extend Gains As Focus Turns To US Inflation

Most Asian markets rose Monday, building on last week's rally following the Federal Reserve's bumper interest rate cut, with focus now on the release of the bank's favoured inflation gauge later in the week.

Firefighters search for missing people, through debris washed up after heavy rains caused flooding, in the city of Wajima, Ishikawa prefecture

Six Dead After Floods In Central Japan: Media

Heavy rain that triggered floods and landslides on a Japanese penisula recovering from an earthquake this year killed at least six people, local media reported Monday.

Segunda Marquetalia was formed by the chief FARC peace negotiator, Luciano Marin -- alias Ivan Marquez -- who launched a new rebellion in 2019

Colombia Rebel Group Imposes Control In Restive Coca Zone

A veneer of calm has settled over Narino, one of the most violent regions of Colombia, where armed groups until recently waged bloody battles for control of vast coca fields.

Donald Trump has been putting his name on merchandise for years, and this presidential campaign is no different

Bibles, Sneakers, Silver Coins: Trump's Merch For Sale

He built on his father's real estate empire and turned the family's millions into billions, but Donald Trump has not stuck to selling merely buildings.

In 2022, the first box of Inirida blooms was delivered from Colombia to China

Colombia's Inirida Flower: From 'Weed' To Emblem For UN Meeting

When Ruben Dario Carianil began cultivating the unusual, pointy Inirida flower in the Colombian Amazon ten years ago, his relatives made fun of him for growing "weeds."

UN environment chief Inger Andersen said she was hopeful final negotiations on a plastic pollution treaty in November would be successful

'Convergence' Growing On Global Plastics Treaty: UN Environment Chief

The UN environment chief said Sunday she was beginning to see convergence on the world's first binding treaty on plastic pollution despite differences on production caps and a tax-like plastic fee.

A strike on the city of Kharkiv wounded 21 people in a residential neighbourhood

Zelensky Arrives In US To Explain War Plan To Biden

Ukrainian President Volodymyr Zelensky on Sunday arrived in the United States for a crucial visit to present Kyiv's plan to end two and a half years of war with Russia.

Hezbollah deputy secretary-general Naim Qassem spoke at the funeral

Mourners At Commander's Funeral Express Loyalty To Hezbollah

Hezbollah supporters in Lebanon turned out in force Sunday for the funeral of a top commander killed in an Israeli air strike, in a major show of support for the Iran-backed group.

In 2024 alone, between 50,000 and 60,000 pigs were slaughtered across Italy in efforts to contain swine fever

Protect The Prosciutto: Italy Battles Swine Fever

Pig farmer Alberto Cavagnini has slaughtered 1,600 of his hogs due to swine fever, a virus threatening the 20-billion-euro pork industry in Italy, including its world-famous prosciutto.

The cognac industry saw a 22 percent drop in sales last year

Angry French Cognac Makers See Red Over Chinese Tariffs Threat

Frustrated cognac producers in southwestern France are growing increasingly anxious over the looming threat of Chinese tariffs on European brandy, a move industry representatives worry could force French liquor from the Chinese market.

Sheikh Mohamed bin Zayed Al Nahyan will be the first sitting UAE president to make an official visit to Washington

UAE Leader Seeks To Deepen 'Strategic' Ties In US Visit During Mideast Crisis

UAE President Sheikh Mohamed bin Zayed Al Nahyan is due Monday in Washington for a first official visit at a time of soaring tensions in the Middle East, seeking to highlight economic and technological cooperation.

Justice Alexandre de Moraes has been engaged in a long feud with X's owner, billionaire Elon Musk, as part of his drive to crack down on disinformation in Brazil

Musk's X Platform Takes First Step Toward Lifting Brazil Ban

Social media platform X has named a legal representative in Brazil -- a first step toward being able to resume service in the country -- but its suspension will continue until it meets further requirements, a judge has ruled.

Founded in 1966 in Vicenza in the northeastern Italian region of Veneto, the label renowned for its woven leather goods and expert craftsmanship became a part of France's Kering group in 2001

Bottega Veneta Holds Investors' Aces As Madonna Pops Into D&G Runway Show

As Milan Fashion Week nears its end, fashionistas are eagerly awaiting Bottega Veneta's Saturday show -- as are investors seeing the brand's sales rise each year.

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