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C3.ai shares slide as revenue forecast fails to live up to AI hype
(Reuters) - Shares of C3.ai Inc dropped nearly 20% in premarket trading on Thursday after the AI software maker's quarterly revenue forecast missed estimates, dampening some of Wall Street's recent eu...
Syndicated Content Jun 01, 2023
Boeing CEO ‘not overly anxious’ about Chinese narrowbody jet
By Valerie Insinna CHARLESTON, South Carolina (Reuters) - Boeing Co CEO Dave Calhoun downplayed speculation that China's maiden commercial flight of its domestically produced C919 narrowbody jet could...
Syndicated Content Jun 01, 2023
Macy’s misses quarterly sales estimates as customers curb spending
(Reuters) - Macy's Inc on Thursday missed quarterly revenue expectations, as consumers limit non-essential spending due to persistently high inflation. The company's first-quarter net sales fell to $4...
Syndicated Content Jun 01, 2023
Dollar General cuts annual sales forecast as American shoppers turn cautious
(Reuters) - Dollar General Corp cut its full-year same-store sales forecast on Thursday as inflation-hit Americans, discouraged by higher prices for everything from home supplies to consumables, tight...
Syndicated Content Jun 01, 2023
Japan’s Hitachi Astemo appoints Honda veteran as next CEO
TOKYO (Reuters) - Japan's Hitachi Astemo said on Thursday an auto industry veteran will take over as top executive from Brice Koch, who handled the automotive supplier's response to misconduct over te...
Syndicated Content Jun 01, 2023
Southwest Airlines forecasts strong second-quarter profit
(Reuters) - Southwest Airlines Co said on Thursday it continues to expect a strong adjusted profit in the second quarter as leisure travel bounces back strongly. (Reporting by Aishwarya Nair in Bengal...
Syndicated Content Jun 01, 2023
Foxconn to make iPhones in India’s Karnataka by next April -state govt
BENGALURU (Reuters) - Apple Inc supplier Foxconn will start manufacturing iPhones in the southern state of Karnataka by April 2024, the state government said on Thursday. The land for the factory woul...
Syndicated Content Jun 01, 2023
Factbox-Governments race to regulate AI tools
(Reuters) - Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology. Here are t...
Syndicated Content Jun 01, 2023
Sudan’s war scatters country’s emergent art scene
By Adam Makary CAIRO (Reuters) - Like many other residents of Sudan's capital, painter Yasmeen Abdullah had to leave much behind when she fled the war erupting around her. As an artist, that included ...
Syndicated Content Jun 01, 2023
OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources say
By Ahmad Ghaddar and Maha El Dahan LONDON/DUBAI (Reuters) - OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per ba...
Syndicated Content Jun 01, 2023
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