Baidu stock is recovering after falling sharply on the demo of ERNIE chatbot, its ChatGPT-style service
by Hong Kong CNN — Shares in Chinese search giant Baidu rallied sharply a day after the unveiling of ERNIE bot, its answer to the ChatGPT …
Tag: Business
Xiaomi’s slow move to premium smartphones in India is helping Samsung steal its crown
Samsung, Xiaomi compete in India as premium phones in focus More and more Indians now want expensive phones with better features Affordable smartphones under $120 …
Credit Suisse shares fall as global fear of banks grows
GENEVA (AP) – Troubled shares of Credit Suisse lost more than a quarter of their value on Wednesday, hitting a record low after its largest …
Northeast: Approximately 250,000 customers without power in the Northeast as strong winds from the departing storm threaten further outages
CNN — Parts of a Northeast that has buried parts of the Northeast under snow and left hundreds of thousands without power will linger over …
EPA proposes first standards to make drinking water safer from “forever chemicals.”
CNN — The U.S. Environmental Protection Agency on Tuesday proposed the first national drinking water standard for “forever chemicals” dangerous to human health. The move …
Cryptoverse: New generation of Bitcoin NFTs are sold for millions
Mar 14 (Reuters) – Imagine being able to digitally write 3D images of objects like multi-colored spheres onto a tiny fragment of Bitcoin. Then imagine …
Something broke, but the Fed still expects to push rates higher
Federal Reserve Chairman Jerome Powell testifies during the Senate Committee on Banking, Housing and Urban Affairs’ hearing entitled The Semiannual Monetary Policy Report to Congress …
US futures and Asia Pacific stocks react to SVB recovery efforts
Hong Kong CNN — US stock futures rose during Asian trading on Monday after an extraordinary move by US financial regulators to restore confidence in …
The US government steps in to prop up deposits at Silicon Valley Bank and another failed institution
The US government announced on Sunday that it is taking emergency measures to prop up the banking system and prop up deposits at two banks …
Reuters: US regulators are working to bail out SVB customers
new York CNN — According to Reuters, US regulators have been working all weekend on an extraordinary plan to bail Silicon Valley Bank customers back …