Tag: Business
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Wells Fargo, Intuit others object to their shares being tokenized- regulatory document
WASHINGTON, Oct 23 : Six more companies including Wells Fargo, Arm Holdings and Intuit will not allow their shares to be “tokenized” on a joint trading platform backed by crypto exchange OKX and Intercontinental Exchange, according to a regulatory document seen by Reuters. The new objections, which have not
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Infosys cuts forecast as AI spending shift deepens North America slowdown
BENGALURU, Oct 23 Reuters) – Infosys cut its annual revenue growth forecast on Friday as weakness in its key North American market deepened, underscoring how AI is disrupting the traditional IT services industry. The news sent US-listed shares of India’s No. 2 IT firm down 7.5 per cent in premarket trading.
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Pathos AI teams up with Bristol Myers and Tempus AI to advance drug development
Oct 23 : Pathos AI said on Friday it had entered into a collaboration with Bristol Myers Squibb and Tempus AI to develop artificial intelligence tools for drug development in Alzheimer’s disease and other neurological disorders.Pathos AI also raised $237 million in a Series E funding round led by Bristol Myer
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Navigate360 says hackers accessed system, potentially exposed sensitive personal data
Oct 23 : Intelligence platform Navigate360 on Friday said unauthorized hackers accessed one of its systems and copied data between November 21, 2025 and March 5, 2026, potentially exposing names, addresses, dates of birth, Social Security numbers and other sensitive information.
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American Express is cutting 5% of its workforce to ‘prepare for AI’
Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
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Fewer people are flying as airfare soars. Here’s why airlines aren’t worried
Airlines are reporting fewer people flew in the third quarter as airfare surged on fuel costs, but executives say travelers are mostly swallowing higher fares.
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Higher interest rates have made family offices pickier about investing in real estate
Higher interest rates have made family offices more selective about investing in real estate.
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