JetBlue to raise over $3 billion through debt offerings, shares fall
Hidden Values Daily (Reuters) – JetBlue Airways said on Monday it plans to raise about $3.15 billion in...
Business
Stellantis to lay off up to 2,450 factory workers as classic Ram production ends
By Nora Eckert DETROIT (Reuters) -Chrysler-parent Stellantis is laying off as many as 2,450 factory...
Canada union says rail strike could start on Aug 22 if no deal reached
OTTAWA (Reuters) -The Canadian Teamsters union, which is negotiating a contract with the country’s two...
Turkey blocks Roblox access over abuse concerns, justice minister says
GDANSK (Reuters) – Turkey has blocked access to the popular video game platform Roblox over...
How chip giant Intel spurned OpenAI and fell behind the times
By Max A. Cherney SAN FRANCISCO (Reuters) – For U.S. chip giant Intel, the darling...
Cannabis producer Demecan nears 100-million-euro valuation after fresh funding, source says
By Sourasis Bose (Reuters) – Demecan Group, one of Germany’s largest cannabis producers, recently completed...
Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook
NEW YORK (Reuters) – Shares of Lumen Technologies surged 30% on Wednesday, extending gains from...
Musk’s X accuses advertisers of illegal boycott in new lawsuit
By Mike Scarcella (Reuters) – Elon Musk’s social media platform X on Tuesday sued a...
Palantir raises annual revenue forecast on GenAI strength; shares surge
By Arsheeya Bajwa (Reuters) -Palantir Technologies raised its annual revenue forecast for the second time...
Lucid gets up to $1.5 billion in funding from Saudi shareholder
(Reuters) -Lucid Group said on Monday its largest shareholder, Saudi Arabia’s Public Investment Fund, will...