GM CEO Mary Barra says she has no plans to retire soon as automaker's transformation continues
GM CEO Mary Barra on Thursday said she has no plans to retire any time soon, citing a need to ensure the company's transformation is on "a good path."
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OpenAI sends internal memo releasing former employees from controversial exit agreements
OpenAI on Thursday sent an internal memo releasing former employees from non-disparagement agreements that did not expire, which had incited controversy.
Frontier Airlines CEO urges crackdown of 'rampant abuse' of airport wheelchair service
Frontier CEO Barry Biffle said he has seen flights where 20 people were brought in wheelchairs at departure, with only three using them upon arrival.
Amazon cloud boss Matt Garman inherits business under pressure to keep pace in AI
Adam Selipsky's three-year tenure at the helm of Amazon Web Services coincided with slowing growth and an increasingly competitive landscape in AI.
Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
Boeing's aircraft deliveries won't recover in the second quarter from the first, as the manufacturer deals with a host of production challenges, its CFO said.
Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment
The company will pay a $15 million fine for alleged violations of the Clean Water Act as part of the federal settlement.
Warner Bros. Discovery's NBA rights offer could put it in competition with Amazon, not NBC
Warner Bros. Discovery may be more interested in going after an NBA package earmarked for Amazon than on games slated for NBCUniversal, sources say.
Auto insurance rates are jumping the most since the 1970s, but there could be relief soon
Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief on the way.
Sales of newly built homes tank in April, as prices and interest rates rise
Higher mortgage rates were hampering sales of newly built homes in April.
Does college still pay? Workers without a degree are doing better than they have in years, report finds
Just when many young adults are questioning the value of a four-year college, economic outcomes for workers without a degree are improving, a new report finds.
JetBlue, British Airways seek partnership to expand networks
JetBlue, British Airways need DOT approval for the code-sharing agreement, which would allow the airlines to sell seats on each other's flights.
Nvidia shows no signs of AI slowdown after over 400% increase in data center business
Nvidia finance chief Colette Kress told investors on Wednesday that cloud providers were seeing an "immediate and strong return" on investment.
Nvidia shares pass $1,000 for first time on AI-driven sales surge
Nvidia reported earnings after the bell. Here are the results.
Embattled AI firm Appen loses more executives, months after Alphabet cut ties
Appen, the AI firm that once counted Google, Microsoft and Nvidia as clients, has lost its executives in charge of of revenue and marketing.
Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games
Warner Bros. Discovery will carry two College Football Playoff games on TNT and Max's sports tier starting in December.
Former BP exec's ex-husband gets prison for insider trading after eavesdropping on her calls
A Texas man illicitly bought stock of a company eyed by oil giant BP after hearing his wife, a mergers and acquisitions executive, discuss the deal on calls.
News Corp. and OpenAI strike 'multi-year global partnership' deal to use journalistic content to improve ChatGPT
OpenAI and News Corp. on Wednesday entered into a "multi-year global partnership" that will allow OpenAI to display News Corp.-owned articles within ChatGPT.
Federal Reserve minutes indicate worries over lack of progress on inflation
The Federal Reserve on Wednesday released minutes from its April 30-May 1 policy meeting.
Most Americans falsely think the U.S. is in recession, poll shows
President Joe Biden is trying to win voters on his economic record ahead of the November election against Donald Trump.
Pfizer aims to save $1.5 billion by 2027 in first wave of new cost cuts
Pfizer is also carrying out another $4 billion cost-cutting effort, which it announced last year as demand for its Covid vaccine and drug Paxlovid slumped.
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