Ramp to introduce AI tools for tracking business costs

Ramp, a developer of financial management software, said it plans to offer new artificial intelligence tools from Thursday, including a feature that can determine if
Meta announces AI training and inference chip project

Meta Platforms on Thursday shared new details on projects it was pursuing to make its data centers better suited to supporting artificial intelligence work, including a
Rebound in US regional bank stocks fizzles out

U.S. regional bank stocks reversed premarket gains in early trading on Thursday, slipping back into negative ground after a recent rebound powered by hopes that
Analysis: Overexposed US regional banks could sell commercial property loans

Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans at a steep discount after breaching key regulatory thresholds for
US exchanges to bust erroneous CDW Corp trades after shares briefly dive 96%

The New York Stock Exchange and the Nasdaq said on Thursday they would cancel erroneous trades in the shares of IT solutions provider CDW Corp, which briefly
Analysis: GM’s 2025 EV output could be crimped by battery bottleneck

General Motors has said it will have the capacity to build 1 million electric vehicles in North America by 2025, but a slow ramp-up of its
Brokerage Charles Schwab joins corporate debt rush with $2.5 billion offering

Charles Schwab Corp is looking to raise up to $2.5 billion through a debt offering, the brokerage said on Thursday as more companies aim to benefit
Billionaire real estate investor Sam Zell dies at 81

Billionaire real estate investor Sam Zell has died at the age of 81 due to complications from a recent illness, according to statements from the
Not enough resources for EVs to be only cleaner car option, Toyota says

A lack of resources means battery electric vehicles (BEV) cannot be the auto sector’s only answer to climate change, Toyota Motor Corp’s top scientist said
India launches $2 bln incentive package to boost IT hardware production

India on Wednesday unveiled an expanded incentive scheme to attract big-ticket investments in IT hardware manufacturing, doubling the amount to $2 billion as it aims

