The president of tech giant Microsoft said there is no probability of super-intelligent artificial intelligence being created within the next 12 months.
Ford Motor on Thursday said the U.S. auto workers’ strike has led to a $1.7 billion hit to its profit and lost production of thousands of vehicles, as it cut its full-year earnings forecast to account for the recently struck labor deal.
TD Bank Group reported a fall in its fourth-quarter profit on Thursday, as Canada’s second-largest lender set aside more rainy-day funds to cover for potential sour loans.
U.S. stock index futures gained on Thursday, ahead of a reading later in the day that is expected to add to the narrative of easing inflation and an end to the Federal Reserve’s rate hiking cycle.
Royal Bank of Canada on Thursday reported better than expected quarterly profit after a strong performance in its corporate and investment banking arm offset a hit from bigger provisions against bad loans.
Novo Nordisk on Thursday said it sued one compounding pharmacy and refiled a lawsuit against another after finding their products claiming to contain the active ingredient for its in-demand weight-loss drug Wegovy were impure, some by as much as 33%.
