Walmart to Lay Off and Relocate Workers
The retailer is cutting hundreds of corporate jobs and asking some staff to move to large corporate hubs.
Google to Roll Out AI Search Summaries to Billions
Starting this week in the U.S., hundreds of millions of people will begin seeing AI overviews in Google search, as the company strengthens its embrace of generative artificial intelligence.
Amazon Gets New Cloud-Computing Boss as AI Battle Shakes Up Its Top Profit Engine
The chief executive of Amazon Web Services, Adam Selipsky, is stepping down and will be succeeded by Matt Garman, the company's senior vice president of sales and marketing.
Payments-Company Waystar Plans to Restart IPO Pitch
The private equity-backed company is eyeing a June stock-market debut.
Regulators Probe Alphabet's Waymo After 22 Self-Driving Car Incidents
No injuries or fatalities have been reported involving the Google parent's startup.
Comcast to Launch Streaming Bundle of Peacock, Netflix and Apple TV+
The new bundle, called StreamSaver, will be exclusively available to customers of Comcast's internet service.
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group's profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.
Home Depot's sales miss estimates as spring selling season sees delayed start
Home Depot Inc.'s stock was down 0.9% Tuesday, after the home-improvement retailer beat profit estimates for the first quarter but saw sales fall slightly short as the spring selling season got off to a delayed start.
Anglo American Plots Breakup After Rejecting $43 Billion BHP Bid
The miner outlined a turnaround effort that sharpens its focus on copper after turning down a sweetened takeover offer.
Plug Power's stock jumps as much as 70% after long-awaited funding announcement
Plug Power delivered a long-awaited funding announcement on Tuesday morning that looked set to fuel a major stock gain.
(END) Dow Jones Newswires
05-14-24 1715ET