Google Combines AI Research Units Brain and DeepMind
The search giant (NASDAQ:GOOGL) is merging AI resources to accelerate progress in technology that is reshaping business.
AT&T Sees Signs of Businesses, Consumers Paring Back Spending
AT&T (NYSE:T) says demand for its wireless plans is being dented by corporate cost cutting and layoffs.
Tesla Stock Slips After Price Cuts Hurt Earnings
Shares of the electric-vehicle maker (NASDAQ:TSLA) have fallen nearly 50% over the past 12 months.
J&J Wins New, Temporary Shield Against Trials in Talc Bankruptcy
A bankruptcy judge has again shielded Johnson & Johnson from jury trials in roughly 40,000 pending talc-related lawsuits, advancing the company’s second attempt to resolve mass cancer claims through the chapter 11 system.
BuzzFeed News Is Closing as BuzzFeed Lays Off 15% of Staff
Chief revenue officer and chief operating officer will depart as media company faces ongoing challenges.
Union Pacific Earnings Muted by Volume Decline, Weather Disruptions
Fewer carloads of industrial chemicals, forest products and grain offset higher demand from the automotive industry, the railroad said.
American Express Earnings Miss. It’s Bracing for Debt Struggles.
The company kicks off credit card company earnings, with results from Visa and Mastercard coming over the next week.
SpaceX’s Starship Explodes Shortly After Launching Uncrewed Test Flight
Starship launched successfully but exploded a few minutes later, ending the inaugural flight of a vehicle Elon Musk wants to use for deep-space missions.
McDonald’s and Franchisees Escalate Battle Over Chain Rules
McDonald’s restaurant owners are pushing back on the burger chain’s moves to tighten franchise standards, seeking more control over their operations.
IKEA Makes Biggest Ever Investment in U.S. With 17 New Stores
The furniture company is betting on strong U.S. demand for its flat-pack with more than a dozen new stores focused in southern states.
(END) Dow Jones Newswires
April 20, 2023 15:15 ET (19:15 GMT)
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