Jul 18, 2023
TikTok, Warner Music Group to partner in music licensing deal

(Reuters) - Warner Music Group, the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna, has signed a licensing deal with Chinese short-video app TikTok to boost its social media revenues. The multi-year deal will help Warner Music's…

Jul 17, 2023
Wall St ends higher with earnings poised to ramp up

By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round of quarterly results this week as earnings…

Jul 14, 2023
UPS strike could be costliest in US in a century, study says

By Lisa Baertlein (Reuters) -A threatened U.S. strike at United Parcel Service could be "one of the costliest in at least a century," topping $7 billion for a 10-day work stoppage, a think tank specializing in the economic impact of…

Jul 13, 2023
Elon Musk launches AI firm xAI as he looks to take on OpenAI

(Reuters) -Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of engineers from the same big U.S. technology firms that he hopes to challenge in his bid to build an alternative…