Business news

Business news • Apr 13

Intel Stock Can Gain Another 20%, Analyst Says. Here’s Why.

Intel stock trades at a forward price-to-earnings ratio of around 94 times according to FactSet. It's not a problem for Benchmark Research.

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Business news • Apr 13

Dell, HP Inc. Shares Jump on Acquisition Speculation Report

Nvidia Corp. denied a report from website SemiAccurate that it was seeking an acquisition of a large company that would “reshape the PC landscape.”

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Business news • Apr 13

Top Biotech Catapults On 'Unprecedented' Results In Cancer

Revolution Medicines stock soared Monday on what the company called "unprecedented" test results for its pancreatic cancer treatment.

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Business news • Apr 13

Workers at major Colorado meatpacking plant win wage increases in deal with JBS USA

Workers at the Swift Beef Co. plant in Greeley, Colorado, have reached a deal with plant owner JBS USA.

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Business news • Apr 13

Global Bonds Slide as Failure of Talks Adds to Inflation Fears

US Treasuries advanced after President Donald Trump said Iranian officials were seeking an agreement on terms to end the war, triggering a pullback in oil...

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Business news • Apr 13

FDA urges clinical trial sponsors to report the results of their studies

An FDA review of records in the U.S. clinical trials database shows that results have not been reported for 30% of clinical studies, the agency said on...

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Business news • Apr 13

LinkedIn is quietly testing a new AI job marketplace where workers can earn up to $150 an hour

LinkedIn is launching an AI labor marketplace, offering up to $150 an hour for AI training, challenging startups like Mercor and Surge AI.

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Business news • Apr 13

Stanford report highlights growing disconnect between AI insiders and everyone else

Stanford's latest AI Index shows a widening gap between experts and the public, with rising anxiety over jobs, healthcare, and the economy.

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Business news • Apr 13

Meta warned by dozens of organizations that facial recognition on its smart glasses would empower predators

Dozens of civil rights organizations have written a letter to Meta CEO Mark Zuckerberg to warn of the dangers in bringing facial recognition technology to...

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Business news • Apr 13

LVMH Moët Hennessy Q1 revenue slips 6% as Middle East conflict weighs on luxury sales (LVMHF:OTCMKTS)

Shares of LVMH Moët Hennessy Louis Vuitton (LVMHF) (LVMUY) are trading defensively on Monday as first quarter sales data showed declines in all segments on...

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Business news • Apr 13

Revolution Medicines Stock Is Soaring 39%. Here’s Why.

Revolution Medicines stock soared after the company announces positive Phase 3 clinical trial results for its pancreatic cancer treatment.

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Business news • Apr 13

What A Mess: Lufthansa Pilots & Flight Attendants Stage Back-To-Back Strikes

Lufthansa pilots and flight attendants are staging back-to-back strikes, so the airline will shut down for four consecutive days.

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Business news • Apr 13

Louis Vuitton Owner Misses Revenue Views as Middle East War Dims Rebound Hopes

LVMH made revenue of $22.42 billion for the first three months of the year.

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Business news • Apr 13

IBM folds to Trump anti-DEI push, admits no misconduct but pays $17M penalty

IBM agreed to pay $17 million to the US government to resolve the Trump administration's claim that the firm's diversity, equity, and inclusion (DEI)...

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Business news • Apr 13

LVMH reports sales hit from Iran war in blow to hopes for luxury revival

French luxury giant LVMH said the Iran war shaved at least 1% off its total group ​sales in the last quarter due to lower spending in the Gulf region,...

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Business news • Apr 13

“Force Multiplier”: Microsoft Stock (NASDAQ:MSFT) Jumps as It Calls Out AI in Cyberattacks

First, tech giant Microsoft ($MSFT) was frantically trying to shoehorn artificial intelligence (AI) into just about everything it made.

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Business news • Apr 13

US existing home sales hit nine-month low in March, rising mortgage rates cloud outlook

WASHINGTON, April 13 (Reuters) - U.S. existing home sales fell to a nine-month low in March amid tight inventory and growing concerns over the labor market,...

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Business news • Apr 13

LVMH sales hit as Middle East conflict delays luxury recovery

The conflict in the Middle East hit sales at LVMH in the first quarter, as shoppers and tourists in the region curbed their spending, denting hopes of a...

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Business news • Apr 13

SaaS Stocks Try To Recover — 'Software Empire Strikes Back'

SaaS stocks are trying to stage a modest rebound after a rough stretch. Jim Cramer said the "software empire" attempts to strike back.

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Business news • Apr 13

Meta Is Warned That Facial Recognition Glasses Will Arm Sexual Predators

More than 70 organizations, including the ACLU, EPIC, and Fight for the Future, say the AI smart glasses feature would endanger abuse victims, immigrants,...

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