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Microsoft’s AI unit aims for self-sufficiency, develops new models - The Information

Microsoft’s AI unit aims for self-sufficiency, develops new models - The Information

Investing.com -- Last fall, Mustafa Suleyman, the head of Microsoft’s in-house artificial intelligence unit, expressed dissatisfaction with OpenAI’s lack of documentation on how its latest model, o1, worked, according to a report from The Information. Suleyman’s role at Microsoft (NASDAQ:MSFT), which started a year ago, is twofold. He is responsible for maintaining the partnership with OpenA ...

2025-03-08 03:38:16
Trump considering large-scale banking sanctions, tariffs on Russia until ceasefire

Trump considering large-scale banking sanctions, tariffs on Russia until ceasefire

Investing.com -- President Trump said he is contemplating imposing extensive banking sanctions and tariffs on Russia until a ceasefire is reached. The President’s considerations extend until a final peace resolution in Russia’s war with Ukraine is achieved.Trump’s announcement indicates a potential shift in the U.S.’s approach towards Russia, hinting at a more stringent stance until peace ...

2025-03-08 03:37:03
Trump administration ends collective bargaining for TSA officers

Trump administration ends collective bargaining for TSA officers

Investing.com -- The Trump administration announced on Friday that it is terminating collective bargaining for over 50,000 Transportation Security Administration (TSA) officers, who are responsible for staffing checkpoints at U.S. airports and other transportation hubs.The Homeland Security Department stated that this action will eliminate bureaucratic obstacles. The union that represents these wo ...

2025-03-08 03:35:46
How Walgreens went from pharmacy behemoth to distressed retailer

How Walgreens went from pharmacy behemoth to distressed retailer

(Reuters) -Walgreens Boots Alliance is being taken private by Sycamore Partners for $10 billion, bringing to a close the pharmacy chain operator’s nearly century-long association with the public markets.The following is a timeline of key events in the history of the storied company, which was briefly part of the bluechip Dow Jones Industrial Average index but has seen its shares languish in rece ...

2025-03-08 03:34:21