AMD’s revenue outlook comes in light, but cCompany gives a rosy AI forecast
The company came up short with its revenue forecast but talked up its opportunities in artificial intelligence
WeWork Plans to File for Bankruptcy as Early as Next Week
Once a venture capital-backed star with an astronomical valuation, the flexible-office-space provider is now preparing for chapter 11 protection, according to sources.
BHP CEO Says China Commodity Demand Robust Despite Economic Struggles
China’s demand for commodities including iron ore and copper remains robust, the chief executive of mining giant BHP Group said, even as the country’s economic recovery disappoints and its property sector struggles.
Toyota Motor Nearly Tripled Second-Quarter Profit
Toyota Motor raised its full-year earnings guidance after saying second-quarter net profit nearly tripled from a year earlier, as sales grew thanks to an easing chip shortage.
After a Boom and Bust, Chip Industry Is Regaining Its Health
Intel, Samsung and others see a semiconductor rebound as tech demand starts to recover.
Match Group, Google Reach Binding Term Sheet in Legal Battle
The online dating company said that $40 million placed in escrow will be returned to Match and no other amount will be owed by the Match plaintiffs to Google.
Waystar IPO Delayed Until December or 2024
One of the last big planned listings of 2023 was put on ice following the stock-market swoon and the poor performance of recent IPOs, people familiar with the matter said.
Jury Finds Realtors Conspired to Keep Commissions High
The National Association of Realtors and large residential brokerages were found liable for about $1.8 billion in damages in a verdict that could upend the home-sale industry.
GE Healthcare Discloses Potential Foreign Bribery Violations in China
General Electric spinoff GE HealthCare Technologies said it reported potential foreign bribery violations in some of its operations in China to U.S. regulators.
Tesla Prevails in One of First Trials Over Autopilot’s Role in a Fatal Crash
A Southern California jury has found that an advanced driver-assistance system didn’t have a manufacturing flaw.
Source: Dow Jones Newswires