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Business

Elliott Management's Bold $1.2 Billion Stake in HPE Sparks Market Excitement

Elliott Management has taken a $1.15 billion stake in Hewlett Packard Enterprise, planning to discuss strategies for enhancing shareholder value, leading to a 7% surge in HPE's sto...

Business

Trump Accuses China of Retaliation in Trade War Over Boeing Jet Deliveries Halt

President Donald Trump criticizes China's halt on Boeing jet deliveries as a trade war retaliation, amid US tariffs on Chinese goods and Beijing's order to stop US aviation purchas...

Business

Joe Creed to Lead Caterpillar as New CEO: A New Era Begins May 1

Caterpillar announces Joe Creed as the new CEO effective May 1, succeeding D. James Umpleby III who transitions to Executive Chairman. Creed's 28-year tenure and diverse roles with...

Business

OpenAI Ventures into Social Networking with a Secret X-like Platform, Challenging Elon Musk's Grok

OpenAI is reportedly developing a secret X-like social network, potentially rivaling Elon Musk's Grok. The project, still in early stages, could provide OpenAI with valuable real-t...

Business

Canada Firmly Denies Rumors of Honda Shifting Car Production to the US Amid Tariff Talks

Canada's Industry Minister Anita Anand denies rumors of Honda moving production to the US, citing ongoing discussions and no current plans for such a move. The speculation arose fr...

Business

Johnson & Johnson Faces $400 Million Tariff Hit from China Trade Tensions

Johnson & Johnson anticipates $400 million in tariff costs due to China trade tensions, affecting its medical technology units. CEO warns of supply chain issues and advocates for t...

Business

Jamie Dimon Weighs In on AI Investment Boom: A Tale of Triumph and Caution

JPMorgan Chase CEO Jamie Dimon discusses the AI investment surge, comparing it to the 2000 internet bubble. He stresses practical applications, data security, and cautions against ...

Business

Jamie Dimon Weighs In on AI Investment Frenzy: Winners and Losers Ahead

JPMorgan Chase CEO Jamie Dimon discusses the AI investment surge, comparing it to the 2000 internet bubble. He stresses the importance of focusing on client benefits and data secur...