Jean-Charles Naouri, chief executive officer of Casino Guichard Perrachon SA is set to lose control of the struggling French grocer as part of a proposed restructuring deal that will “massively” dilute current shareholders.
The startup raised a convertible note from investors including Ashton Kutcher’s firm — but hasn’t closed new funding at a higher valuation.
President Joe Biden has begun using a continuous positive airway pressure, or CPAP, machine to treat longstanding sleep apnea, according to the White House.
Oracle Corp. said its industry-leading database software can be used with a new type of processor for the first time in decades, another challenge to the dominance of Intel Corp.’s technology in the lucrative data center market.
A ChatGPT-inspired global wave of AI activity is only just beginning in the next battle for supremacy in technology.
Stocks struggled for direction amid Wall Street’s quarter-end positioning, with a slide in chipmakers offsetting gains in other technology groups.
President Joe Biden touted his economic agenda, contrasting it with the small-government philosophy Republicans have espoused for decades, as he sought to persuade skeptical voters the economy is thriving and bolster his reelection prospects.
President Joe Biden touted his economic agenda, contrasting it with the small-government philosophy Republicans have espoused for decades, as he sought to persuade skeptical voters the economy is thriving and bolster his reelection prospects.
German Chancellor Olaf Scholz said Russian President Vladimir Putin has lost some of his grip on power after the armed mutiny by the Wagner mercenary group, but vowed to maintain focus on supporting Ukraine.
OPEC has canceled accreditation for reporters from three major news organizations to cover a conference in Vienna that will feature the head of BP Plc and the European Union’s top energy official.
