The second-largest aircraft leasing company in the world, SMBC Aviation Capital, said on Tuesday that it has placed an order for 60 Airbus A320neo family aircraft, without providing any financial information about the transaction.

Nov 21, 2023 07:00 AM EST

The revelation that four members of the company's board had fired CEO Sam Altman startled the IT industry on Friday.

Nov 21, 2023 06:18 AM EST

The business that built ChatGPT was thrown into disarray Monday after Microsoft recruited its dismissed CEO and several staff vowed to join him in a disagreement over how to construct artificial intelligence smarter than humans.

Nov 20, 2023 08:41 PM EST

The world's sugar prices are at their highest point since 2011, mostly as a result of reduced global supply following extremely dry weather that harmed harvests in Thailand and India, the second and third-largest sugar producers.

Nov 19, 2023 08:18 PM EST

You may thank the turkey for saving money on your Thanksgiving feast preparation this year.

Nov 19, 2023 09:48 AM EST

The issue is made worse by the fact that, as part of larger cost-cutting initiatives that started late last year and will continue until 2023, Meta, Alphabet, the parent company of Google, and X, previously Twitter, have all removed positions related to content moderation, trust, and safety.

Nov 19, 2023 09:17 AM EST

Citigroup workers may anticipate announcements regarding management changes and layoffs on Monday as part of the bank's extensive restructuring.

Nov 18, 2023 06:25 AM EST

Major U.S. funds are taking a more defensive stance in the face of uncertainty in the second-largest economy in the world by cutting holdings that expose them to China and concentrating more on American technology companies.

Nov 17, 2023 11:10 AM EST

The EU's banking watchdog warned on Friday that banks would face challenges from regulators for their improper use of an accounting regulation.

Nov 17, 2023 10:30 AM EST

As a result of the British luxury apparel retailer Burberry's warning that full-year operating profit will come in at the low end of estimates due to a global slowdown in luxury spending, the company's shares fell 9% on Thursday.

Nov 17, 2023 09:50 AM EST

President Biden has signed the bipartisan short-term funding package, which will keep the government running and functioning until early 2024.

Nov 17, 2023 09:27 AM EST

Members of the United Auto Workers union have voted in favor of a new contract that might put an end to a protracted labor battle and a string of severe strikes.

Nov 17, 2023 06:07 AM EST

The number of Americans filing new jobless claims reached a three-month high last week.

Nov 16, 2023 11:00 PM EST

Inflation in the United States may be slowly returning to pre-pandemic levels.

Nov 15, 2023 08:50 PM EST

Tuesday saw a sharp increase in US stock prices as investors cheered the release of the October Consumer Price Index, which shocked them with lower-than-expected inflation statistics.

Nov 15, 2023 09:38 AM EST