Lisa Su, CEO, AMD Scott Mill | CNBC AMD shares rose to a session high on Thursday following a media report claiming the chipmaker was working with Microsoft on a new artificial intelligence processor. Microsoft’s main competitors in the cloud infrastructure market, Amazon And Alphabet, both have their own specialized chips that software developers can … Read more
Text size Federal President Jerome Powell is more optimistic about the economy than many others in the private sector. Anna Moneymaker/Getty Images Inflation remains more than double the Federal Reserve’s target, the financial sector is reeling from a trio of bank failures and calls from economists for an impending slowdown grow louder by the day. … Read more
TikTok loves a voucher savings transportbut New Yorkers have long known the euphoric feeling of landing a ready-made designer deal. The Century 21 department store, once a midtown Manhattan designer discount mecca, reopens its flagship store at 22 Cortland Ave., across from the World Trade Center, on May 16. The news was first reported. by … Read more
Little St. James Island, one of the properties of financier Jeffrey Epstein, is seen in an aerial view near Charlotte Amalie, St. Thomas, U.S. Virgin Islands July 21, 2019. Mark Bello | Reuters An investment firm run by billionaire Stephen Deckoff has bought two private islands in the US Virgin Islands previously belonged to the … Read more
THE new York The state Legislature on Tuesday passed a bill that will require new buildings to be all-electric to limit the use of fossil fuels — which means more gas stoves. The bill is part of a larger state initiative to reduce its dependence on fossil fuels and invest in more renewable energy projects, … Read more
Apple CEO Tim Cook reacts as a man shows him Apple’s Macintosh outside the Apple Store at Jio World Drive mall in Mumbai, India, April 18, 2023. Ashish Vaishnav | Sopa Pictures | Light flare | Getty Images When Apple reports its quarterly earnings on Thursday, results are expected to be somewhat mixed — the … Read more