June 20 Reuters Joby Aviation said on Thursday the U.S. aviation regulator has authorized the use of the airtaxi maker39;s inhouse software to perform tasks such as managing pilot workload and matching passengers with aircraft similar to ridehailing apps. The nod for the operating system, known as ElevateOS, comes as Joby gears up to launch its […]

June 20 Reuters Hertz Global Holdings said on Thursday it intends to raise 750 million through a twopart secured notes offering, as the company looks to shore up its balance sheet after a failed bet on electric vehicles. The car rental firm expects to use the proceeds from the offering to pay down a portion of […]

June 20 Reuters Anthropic, a startup backed by Google and Amazon.com, on Thursday released an updated artificial intelligence model and a new layout to boost user productivity, continuing an industry sprint to push technology39;s frontier. Three months after rolling out its Claude 3 family of AI models, Anthropic said it was launching Claude 3.5 Sonnet. Compared […]

Customers are continuing to seek value CEO Reaffirms FY samestore sales, profit forecasts Q1 identical sales, excl fuel, 0.5 vs est. 0.13 Q1 adj. EPS 1.43shr vs est. 1.35shr June 20 Reuters Kroger on Thursday struck a cautious tone on consumer spending in the near term as it reaffirmed its fullyear samestore sales and profit forecasts […]

SINGAPORE, June 21 Reuters Global commodities trader Trafigura loaded diesel onto a supertanker in the Middle East this week, taking advantage of lower freight rates for crude tankers to send more fuel to the West, according to shipping data and several trade sources. The shipment marks the first VLCC to move diesel in bulk from […]

Reuters Nvidia39;s shares declined nearly 3.4 on Thursday, handing the title of the world39;s most valuable company back to Microsoft. Nvidia, whose market capitalization surpassed that of Microsoft on Tuesday, was set to lose around 91 billion to its last closing market value of 3.34 trillion, at the current level of 131.88. Microsoft39;s market value also slipped, to 3.30 […]