AMD Shares Rise 6% on $6 Billion Buyback
Advanced Micro Devices (AMD) announced a $6 billion share buyback Wednesday, boosting shares 6%. The authorization adds to a $4...
Business
Microsoft to Lay Off 6,000 Workers
Microsoft announced layoffs of nearly 3% of its workforce, impacting about 6,000 of its 228,000 employees, with 55% based in...
Ferrero Innovates with US-Tailored Candy to Boost Growth
Ferrero North America introduces Americanized versions of its worldwide brands including Nutella with peanuts and square Ferrero Rocher and Dr...
Japanese Lander Orbits Moon, Aims for June Landing
The Tokyo-based ispace Resilience lunar lander achieved orbit around the moon on Wednesday before it plans to touch down in...
Nvidia’s Jensen Huang Warns of $50 Billion China Market Loss Due to Chip Restrictions
Nvidia CEO Jensen Huang asked the Trump administration to review microchip export restrictions for China because the company faces losing...
Investors Eye Fed and US-China Talks Amid Tariff Uncertainty
The Federal Reserve faces evaluation during its Wednesday meeting because it marks the first gathering since President Donald Trump introduced...
Rivian Lowers Delivery Forecast, Raises Spending Amid Tariff Costs
Rivian Automotive exceeded Wall Street Q1 expectations while maintaining its 2025 earnings targets but reduced delivery projections and increased capital...
Mattel Rules Out U.S. Toy Manufacturing Amid Tariffs
Mattel CEO Ynon Kreiz explained that the 145% China tariffs imposed by Trump will not cause toy manufacturing to move...
U.S. Pushes to Break Up Google’s Ad Tech Dominance
The U.S. Justice Department strengthened its antitrust case against Google by demanding the sale of its AdX and DFP ad...
United Airlines Cuts Newark Flights, Blames FAA Issues
United Airlines will eliminate 35 daily roundtrip flights (10% of its schedule) at Newark Liberty International Airport starting this weekend,...
