Business
VW is recalling 261,000 cars to fix a pump problem that can let fuel leak and increase fire risk
Volkswagen is recalling more than 261,000 cars in the U.S. to fix a potential fuel leak that can increase the...
ThinkPad-maker Lenovo looking to AI PCs for future growth
Lenovo, the largest producer of computers by volume, snapped a five-quarter-long losing streak on Thursday. The company reported $15.7 billion...
Bill Ackman’s closed-end investment fund was at the mercy of fellow activist investor Paul Singer
Elliott Investment Management targeted Pershing Square Holdings in 2017, when Paul Singer’s firm privately tried to force fellow activist Bill...
Kraken moves to dismiss SEC lawsuit, which the crypto firm says is retaliation from ‘a politically compromised agency’
On Thursday, the crypto exchange Kraken filed a motion to dismiss a November lawsuit from the Securities and Exchange Commission...
Reddit’s ‘unusual’ move to reward loyal users in its IPO could prove lucrative for Redditors
Reddit, which officially filed to go public on Thursday, is taking a nontraditional approach with its IPO, analysts say, by...
Jensen Huang delivered AI computer to Elon Musk and OpenAI
Jensen Huang, the cofounder and CEO of Nvidia, the semiconductor company that has taken the global stock market by storm,...
Nvidia earnings, 14% stock surge send Wall Street sharply higher
A blast higher by Nvidia after the AI chipmaker reported another blowout quarter sent Wall Street sharply higher Thursday. The...
Open AI CEO Sam Altman, Intel CEO Pat Gelsinger on AI boom: insatiable demand for chips
Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session...
IRS plans to target executives who use their businesses’ private jets for personal trips and then write them off as tax deductions
First, there were trackers on Taylor Swift and other celebrities’ private jet usage. Now, there will be more scrutiny on executives’ personal...
Nvidia earnings: China drops to mid-single digit share of data center revenue
Nvidia crushed expectations with a bumper quarterly earnings report on Wednesday, reporting a 265% increase in revenue from the same...
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