Nvidia to open quantum computing lab, CEO says
By Stephen Nellis SAN JOSE, California (Reuters) -Nvidia will open a quantum computing research lab in Boston, where it plans…
March 2025
Perplexity AI in talks to raise funds at $18 billion valuation, source says
By Jaspreet Singh and Akash Sriram (Reuters) -Perplexity AI is in talks to raise funds at an $18 billion valuation,…
Eli Lilly launches weight-loss drug Mounjaro in India, beats Novo Nordisk to major market
By Rishika Sadam HYDERABAD (Reuters) -Eli Lilly launched its blockbuster diabetes and weight-loss drug Mounjaro in India on Thursday, beating…
General Mills forecasts hit to annual sales, profit as snacking demand slows
By Neil J Kanatt (Reuters) -General Mills cut its annual sales and profit forecasts on Wednesday, as the Pillsbury owner…
Nvidia CEO says orders for 3.6 million Blackwell GPUs exclude Meta
(Reuters) -Nvidia CEO Jensen Huang said on Wednesday that orders for some 3.6 million of its flagship “Blackwell” chips from…
Feds says will slow balance sheet runoff process
By Michael S. Derby WASHINGTON (Reuters) – The Federal Reserve said on Wednesday that it will reduce the pace of…
Amazon loses court fight against record $812 million Luxembourg privacy fine
By Foo Yun Chee BRUSSELS (Reuters) – Amazon lost its fight against a record 746 million euro ($812.4 million) fine…
Nike’s Earnings Preview: Can the Swoosh Overcome Headwinds?
Nike (NYSE: NKE) is set to report its Q3 fiscal 2025 earnings on Thursday after the bell, and investors are bracing…
Choppy Trump policies, stocks drop has some rethinking retirement plans
By Jayla Whitfield-Anderson (Reuters) -Victor Fettes, 54, is going ahead with his long-planned retirement next Friday. But the recent decline…
Google to pay $28 million to settle claims it favored white and Asian employees
By Jonathan Stempel (Reuters) – Google agreed to pay $28 million to settle a class action lawsuit claiming that it…