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The great AI buildout shows no sign of slowing

By Akash Sriram (Reuters) -A momentous week in the technology sector made it clear there is no sign the boom in building artificial intelligence infrastructure is slowing — despite the bubble talk. Nvidia, whose processors are the AI revolution’s backbone, became the first company to surpass ...
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Tegna gets US Justice Department request for more information on Nexstar deal

(Reuters) -The U.S. Department of Justice has sought additional information and documents as it reviews broadcaster Nexstar Media’s $3.54 billion bid to buy smaller rival Tegna, a deal that would create a local-TV powerhouse. The DoJ’s demand would extend the waiting period for closing the ...
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Pfizer sues Metsera, Novo Nordisk over breach of merger deal

(Reuters) -Pfizer on Friday filed a lawsuit against Metsera and Novo Nordisk, accusing them of breaking a merger agreement and interfering with the deal.(Reporting by Kamal Choudhury in Bengaluru; Editing by Anil D’Silva) Brought to you by www.srnnews.com
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Bank of America picks Manelski and Zuberi to run global markets unit, memo shows

By Saeed Azhar and Pritam Biswas (Reuters) -Bank of America promoted Denis Manelski and Soofian Zuberi to become presidents and co-heads of global markets and made several other leadership changes in its trading arm, according to an internal memo seen by Reuters on Friday. The ...
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Alaska Airlines to audit IT systems after global outage

(Reuters) -Alaska Air Group said on Friday it is partnering with Accenture to conduct an audit of its IT systems, after an outage earlier this week grounded its flights across the U.S. The disruption stemmed from a global outage affecting Microsoft’s Azure platform, which has ...
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Polestar gets Nasdaq notice on potential delisting due to slumping stock

(Reuters) -Polestar said on Friday it was notified by the Nasdaq for not meeting the exchange’s listing rules related to maintaining a minimum bid price of $1, as the Swedish EV firm’s shares fall pressured by intensifying competition. Polestar has rolled out discounts and leasing ...
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Amazon carries Wall Street to the finish of another winning week and month

NEW YORK (AP) — Amazon led the U.S. stock market on Friday to the finish of another winning week and month. The S&P 500 rose 0.3% and pulled closer to its all-time high set on Tuesday. It closed out a third straight winning week ...
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Super greens powder supplements sold at Sam’s Club linked to salmonella outbreak

At least 11 people have been sickened, including three who were hospitalized, with salmonella infections linked to powder supplements sold at Sam’s Club stores nationwide and online, federal health officials said Friday. Member’s Mark Super Greens Powder Supplements have been pulled from store shelves ...
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How hunger relief groups say you can help feed your neighbors if the shutdown pauses food aid

NEW YORK (AP) — Your neighbors might soon need extra assistance putting food on the table. That’s because on Nov. 1 the U.S. Department of Agriculture will begin freezing food aid payments used by about 1 in 8 Americans for groceries. A cornerstone of the ...
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Drop in altitude on JetBlue flight that forced emergency landing injured at least 15, officials say

TAMPA, Fla. (AP) — At least 15 JetBlue passengers were injured and taken to the hospital after a sudden drop in altitude on a flight from Mexico forced an emergency landing in Florida, officials said Friday. The Thursday flight from Cancun was headed to Newark, ...
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Volkswagen secures credit lines from Brazil’s BNDES to boost hybrids

SAO PAULO (Reuters) -Volkswagen said on Friday it has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to boost the development of hybrid vehicles and expand exports from its Brazilian operations. The company said that the funds will ...
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Buffett to issue letter to children and shareholders, hand off annual letter to Abel, WSJ says

(Reuters) -Warren Buffett will release a letter to his three children and Berkshire Hathaway shareholders on November 10, while Greg Abel will write Berkshire’s annual shareholder letter in February after becoming chief executive, the Wall Street Journal said on Thursday, citing Buffett’s assistant. Buffett, 95, ...
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