Day: May 14, 2025
S&P 500 futures slip after index posts third consecutive winning day: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 14, 2025. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters S&P 500 futures slipped in overnight trading after the broad market index strung together a third consecutive advance in reaction to the Trump administration and China hammering out a […]
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Kennedy sidesteps vaccine questions: ‘I don’t think people should be taking medical advice from me’
Health and Human Services Secretary Robert F. Kennedy Jr. on Wednesday sidestepped a question about vaccines and whether he would choose to vaccinate his children today against a number of diseases, saying, “I don’t think people should be taking medical advice from me.” Kennedy’s comment was in response to Rep. Mark Pocan, D-Wis., during a […]
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Amazon lays off about 100 employees in devices and services unit
An Amazon device is displayed at an Amazon Devices launch event in New York City, U.S., Feb. 26, 2025. Brendan McDermid | Reuters Amazon is laying off roughly 100 employees in its devices and services division, the company confirmed on Wednesday. The devices and services unit includes a wide range of businesses, such as the […]
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Trump joined by dozens of CEOs during his Middle East trip
U.S. President Donald Trump and Boeing CEO Kelly Ortberg attend a signing ceremony with Qatar’s Emir Tamim bin Hamad Al Thani (not pictured), in Doha, Qatar, May 14, 2025. Brian Snyder | Reuters More than 30 business leaders representing America’s top companies joined President Donald Trump on Tuesday for a lunch in Saudi Arabia during […]
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Steve Cohen says stocks could retest their April lows, sees a 45% chance of recession
Steve Cohen said Wednesday he sees the possibility that stocks could retest their lows from April following the market’s dramatic comeback. “I don’t expect, you know, a significant decline. I think this is possible we can go back toward the lows which is 10%, 15% [from here] so it’s not a calamity,” the founder of […]
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Musk’s xAI chatbot Grok keeps randomly responding about ‘white genocide’ in South Africa
Jonathan Raa | Nurphoto | Getty Images The Grok chatbot from Elon Musk’s xAI startup is responding to user queries with unrelated comments about the controversial topic of “white genocide” and South Africa. CNBC on Wednesday found numerous instances of Grok discussing the topic in response to unrelated user prompts. Screenshots of examples were also […]
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YouTube announces Gemini AI feature to target ads when viewers are most engaged
People walk by a YouTube logo as Google celebrates the 20th anniversary of the first video uploaded to YouTube, at the company’s corporate headquarters in San Bruno, California, on April 23, 2025. Josh Edelson | AFP | Getty Images YouTube on Wednesday announced a new tool that will allow advertisers to use Google’s Gemini AI […]
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Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thomas during the Business of Women Sport Summit presented by Deep Blue Sports and Axios at Chelsea Factory on April 23, 2024 in New York City. Elsa | Getty Images Reddit co-founder Alexis […]
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EU antitrust regulators to accept Microsoft’s Office-Teams offer: Reuters
The Microsoft Teams app on a laptop arranged in New York, US, on Tuesday, June 25, 2024. Gabby Jones | Bloomberg | Getty Images EU antitrust regulators are set to accept Microsoft’s offer to widen the price differential between the Office product sold with its chat and video app Teams and its software sold without the app, […]
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Cisco says CFO Scott Herren is leaving, company reports earnings beat
Cisco Chairman and CEO Chuck Robbins speaks at a keynote address at the Cisco Live! conference in Las Vegas on June 7, 2023. Ethan Miller | Getty Images Entertainment | Getty Images Cisco reported earnings and revenue that topped analysts’ estimates on Wednesday and issued guidance that also exceeded Wall Street’s prediction. Here’s how the […]
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