Biden to Test Message With Divided Congress as He Eyes 2024
President Joe Biden will get to test drive his 2024 campaign message in front of the nation on Tuesday when he delivers his State of the Union address.
Bloomberg Business
AMC Will Charge More for the Best Seats in Its Movie Theaters
AMC Entertainment Holdings Inc. will increase the price of theater tickets for the seats filmgoers covet most: The middle of the middle row.
Dell Is Latest Tech Company to Slash Jobs in Face of Slumping Demand
A running list of layoffs at technology firms.
Hedge Funds Cut Risky Bets at Fastest Pace in Two Years
Big-money speculators are shunning the new-year equity rally, unconvinced by the buying frenzy that has swept across the retail crowd as well as corporate America.
Google Releases ChatGPT Rival AI ‘Bard’ to Early Testers
Microsoft expected to announce ChatGPT integration into Bing search engine
AI Frenzy Leaves Traders Flush, Long-Term Investors in the Hole
The frenzy of triple-digit rallies for companies tied to artificial intelligence has been a boon for traders jumping on the bandwagon, but investors who bought in early are still waiting to recoup their money.
BOE Officials Say Brexit Fueling Inflation, Driving Up Rates
Two Bank of England officials warned that Britain’s departure from the European Union is helping to stoke inflation and is one of the factors pushing up interest rates.
Occidental’s CEO Says Stock Buybacks Take Priority Over Oil Growth
Occidental Petroleum Corp. may redeem Berkshire Hathaway Inc.’s preferred stock this year as the oil giant prioritizes share buybacks over production growth, said Chief Executive Officer Vicki Hollub.
Musk’s Twitter Expected to Face the Strictest EU Content Rules
Elon Musk’s Twitter Inc. is expected to fall under the European Union’s stricter rules for content moderation despite doubts that the platform was big enough to qualify.
Earthquake Hits Buffalo, NY, Area in Early Hours, With No Damage Reported
An early morning earthquake rattled Buffalo, New York and nearby Niagara Falls in one of the largest temblors to hit the region in a century. No damages have been reported.
