By Richa Naidu, Martin Coulter and Jason Lange LONDON/WASHINGTON (Reuters) – Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fea[...]
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Updated
Lyft to display ads in app in effort to boost revenue
(Reuters) -Ride-sharing platform Lyft will start displaying advertisements on its app, the company said in a blog post on Thursday as it looks to create a more stable source of revenue. The move will[...]
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Costs from supply chain disruptions drop by over 50% but headwinds remain -survey
(Reuters) -Financial losses due to supply chain disruptions dropped more than 50% on average in 2022, compared with a year earlier, but shortages and delivery delays remain challenges, according to a[...]
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Lilly hits record high after Mounjaro fuels forecast raise, rival data
By Bhanvi Satija and Mariam Sunny (Reuters) -Eli Lilly on Tuesday raised its annual forecasts as demand for new diabetes drug Mounjaro surges ahead of a decision on its use as a weight-loss treatment,[...]
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Toshiba says tender offer to take it private will launch on Tuesday
By Makiko Yamazaki and Anton Bridge TOKYO (Reuters) -Japan’s Toshiba said on Monday a $14 billion tender offer to take the industrial conglomerate private will be launched on Tuesday – an[...]
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Meme stock Tupperware jumps as debt restructuring deal fires up retail army
By Medha Singh and Savyata Mishra (Reuters) -Shares of Tupperware Brands surged 44% on Friday, after the kitchen storage container maker finalized a debt restructuring deal as it attempts a turnaround[...]
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Bombardier profit beats estimates but cash flow misses; shares fall
MONTREAL (Reuters) -Canada’s Bombardier on Thursday reported a quarterly profit that beat expectations, boosted by demand for flying and maintaining private jets, but its free cash flow missed e[...]
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Major global firms warn of slow China sales as post-pandemic surge fades
(Reuters) – Global firms from consumer goods giant Unilever to automaker Nissan and machinery maker Caterpillar have warned of slowing earnings in China as the world’s second-largest econo[...]
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Companies double down on AI in June-quarter analyst calls
By Noel Randewich (Reuters) – It’s a high bar, but companies reporting second-quarter earnings in recent weeks have talked up artificial intelligence even more than in the previous quarter[...]
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