Summary: Oak Street Health, a subsidiary of CVS Health, agrees to pay $60M to resolve allegations of violating False Claims Act by paying kickbacks to insurance agents for recruiting seniors to its clinics.
Full articleSummary: Apple announced additional language support for Apple Intelligence, with plans to roll out new capabilities over the next year. The initial launch will be exclusive to US English with more languages to follow in later updates.
Full articleSummary: Students at Saint Xavier University are expressing frustration over the campus Starbucks branch being closed on Saturdays, impacting their ability to study and socialize over the weekend.
Full articleSummary: Intel announced an agreement with Amazon Web Services to produce custom chips, transform its Foundry business into a subsidiary, and secure $3 billion in funding from the CHIPS Act. However, the company is amidst a massive restructuring plan, including layoffs and delaying facility plans in Europe. Intel's stock has fallen 57% year to date.
Full articleSummary: Comcast launches a new free streaming app, The Network, in partnership with John Leguizamo to honor Hispanic Heritage Month, offering special ad-free programming.
Full articleSummary: Microsoft, BlackRock, and two investment firms partner to raise $30 billion for AI infrastructure projects targeting to reach $100 billion eventually.
Full articleSummary: Chevron and Cyprus agree to have more talks on the contentious Aphrodite gas project
Full articleSummary: Boeing to implement temporary furloughs for professional and white-collar staff due to labor strike in Seattle, affecting tens of thousands of employees. Negotiations ongoing with assistance from mediators.
Full articleSummary: Fool.com contributor discusses Nvidia stock forecast and highlights the outperformance of other stocks recommended by Motley Fool Stock Advisor analyst team.
Full articleSummary: MSI has registered new Intel Z890 & AMD X870E/X870 motherboards at the EEC, revealing the full extent of its next-gen lineup which includes flagship, upper-mid range, and budget boards. The Z890 motherboards are expected to launch alongside Intel's Arrow Lake CPUs on 24th October.
Full articleSummary: 8th Circ. will consider an argument by 3M related to the U.S. Supreme Court's overturning of Chevron deference in a $24M tax case.
Full articleSummary: Salesforce and Nvidia have partnered to enhance AI capabilities by combining Nvidia's AI platform with Salesforce's Agentforce AI agent service. The collaboration aims to develop more advanced AI capabilities for organisations and improve productivity for human users.
Full articleSummary: Brandon Lowe ended a 17-game homerless streak by hitting a solo home run and scoring two runs against the Red Sox. Despite a decrease in power compared to last year, Lowe has excelled in stealing bases, with 24 steals on 25 attempts.
Full articleSummary: Simon Property Group is investing in revitalized amenities at Busan Premium Outlets and other centers, including new parking, electric vehicle charging stations, VIP lounge, and exclusive parking area.
Full articleSummary: McDonald's restaurants emphasize opportunities beyond the grill, promoting diversity and education for employees through programs like Archways to Opportunity.
Full articleSummary: BlackRock, Microsoft, and Abu Dhabi’s MGX are launching a $30 billion artificial intelligence investment fund to build energy projects and infrastructure needed to sustain the rapid growth of AI.
Full articleSummary: Outgoing chief of Cathay Pacific Airways' pilots' union is willing to reconcile with the airline if it agrees to resume collective bargaining after mass firings and resignations in 2020. The union emphasizes the need for recognition of their rights to improve morale and policies within the company.
Full articleSummary: Simon announced the revitalization of Busan Premium Outlets in South Korea, introducing new amenities and 100 new retailers to enhance shoppers' experience. The expansion includes an Adventure Forest play area, premium golf zone, and improved services.
Full articleSummary: NextEra Energy Inc [NYSE: NEE] saw a jump in its stock price and trading volume, with experts giving a strong Buy recommendation for the stock. The stock has shown positive performance in recent weeks and months.
Full articleSummary: Suspension of Intel's planned production network in Europe, including the Wroclaw plant, Irish plant, and the Magdeburg plant for two years.
Full articleSummary: Bank of America analysts believe that demand from younger shoppers for value apparel will benefit off-price retailers like Burlington Stores, Ross Stores, and TJX. They see a long runway ahead for these stocks due to the increasing share of spending by millennials and Gen Zers on value apparel.
Full articleSummary: Keefe Bruyette analyst sees Paypal's new partnership with Amazon Buy with Prime as incremental and not needle-moving in the near term.
Full articleSummary: Apple's A16 chips are now being manufactured at TSMC's Arizona plant, aligning with previous reports suggesting production would start in 2024. The move signifies Apple's confidence in the US facility. The development supports the goals of the $39 billion CHIPS and Science Act signed into law by President Biden.
Full articleSummary: Salesforce partners with NVIDIA and Google Cloud at Dreamforce 2024 to advance the Agentforce technology by developing advanced AI capabilities, enhancing AI agent avatars, and creating Salesforce Agentforce Agents for seamless collaboration across Salesforce Customer 360 and Google Workspace apps.
Full articleSummary: Meta bans some of Russia's largest state media networks from its platforms for foreign interference activities. The ban will be implemented on all Facebook, Instagram, Threads, and WhatsApp platforms globally.
Full articleSummary: Microsoft and Blackrock form a partnership to invest in data centres supporting AI growth, aiming for up to $100bn in total investment potential.
Full articleSummary: Honeywell International Inc. (HON) has partnered with SAMSUNG E&A to market a solution for reducing carbon emissions in the power plant sector. HON's carbon capture technologies are expected to mitigate 320 million metric tons of CO2 globally between 2023 and 2030.
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