Citigroup has sold its non-US consumer business operations in nine out of 14 regions and "substantially wound down" three more in Korea, Russia, and China.
Industry
Boeing's 2024 Earnings Predicted to Disappoint Amid 737 Production Delays
Boeing revises its 2024 earnings outlook downwards as it plans to increase cash spending in the first quarter to address quality issues with its 737 aircraft, leading to a departure from the initial $10 billion estimate.
Greggs Forced To Close Stores in the UK After A Glitch Affected Payment Systems
Following McDonald's recent technical incident, Greggs were similarly forced to close stores in the U.K. after a glitch affected their payment systems.
Tesla Cybertruck Production at Giga Texas Hits Milestone of 1,000 4680 Battery Cells Weekly
Tesla achieves milestones at Gigafactory Texas, producing 1,000 Cybertrucks worth of 4680 battery cells weekly, marking significant progress in meeting demand.
Biden Administration Is Considering Blacklisting Huawei-Linked Chinese Chipmakers: Report
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
Latest News
Sam Bankman-Fried's defense team said the Department of Justice's "disturbing" sentencing letter last week misrepresented the FTX founder.
Elon Musk has made a bold claim that artificial intelligence (AI) may be smarter than all humans combined by 2029.
Fox News Digital Overtakes CNN in Total Digital Multiplatform Unique Visitors, Tops February Ratings
Fox News Digital has emerged as the leading in multiplatform unique visitors for February, surpassing CNN for the first time.
The launch of Bentley Motors' inaugural electric vehicle (EV) is now slated for late 2026, pushing customer deliveries to 2027, nearly two years beyond the initial timeline.
Nvidia unveils Blackwell AI chip priced $30-40k, boasting 30x performance boost with 25x energy efficiency.
JD Sports Faces Backlash Over 'Irresponsible' Motorcycle Ad Featuring Rider Wearing Nike Air Max 95s
JD Sports faces backlash over an "irresponsible" ad featuring bikers wearing Nike Air Max 95s, sparking safety concerns and criticism from motorcycle groups.
Singtel partners with NVIDIA for new AI Chips that launch GPU-as-a-Service (GPUaaS), offering on-demand access to AI-powered cloud computing with accelerated graphics processing units (GPUs).
China's real estate giant Evergrande and its founder, Hui Ka Yan, are accused of inflating revenues by $78 billion over two years before the company defaulted on its debt.
Nvidia has partnered with Johnson & Johnson to develop new AI applications to help doctors perform surgery.
