AMERS

Microsoft rolls out ChatGPT-powered Teams Premium

Feb 1 (Reuters) – Microsoft Corp (MSFT.O) on Wednesday rolled out a premium Teams messaging offering powered by ChatGPT to simplify meetings using the AI ​​chatbot that has taken Silicon Valley by storm. The premium service will cost $7 per month in June before increasing to $10 in July, Microsoft said. OpenAI-owned ChatGPT will generate …

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US weekly jobless claims at nine-month low; productivity accelerates

Weekly jobless claims drop 3,000 to 183,000 Continuing claims decrease 11,000 to 1,655 million Productivity accelerates at a 3.0% rate in the fourth quarter Unit labor costs grow at 1.1% pace WASHINGTON, Feb 2 (Reuters) – The number of Americans filing new claims for unemployment benefits dropped to a nine-month low last week as the …

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Blackstone REIT blocks investor withdrawals in January

Feb 1 (Reuters) – Blackstone Inc (BX.N) said on Wednesday it had blocked withdrawals from its $69 billion real estate income trust (BREIT) in January, as the private equity firm faced a surge in redemption requests from investors looking to cash out. BREIT said it fulfilled redemption requests of about $1.3 billion in January, representing …

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US job openings increase to five-month high as labor market remains tight

Job openings increased by 572,000 to 11 million in December Manufacturing activity slumps further in January Private payrolls increased by 106,000 in January WASHINGTON, Feb 1 (Reuters) – US job openings unexpectedly rose in December, showing demand for labor remains strong despite higher interest rates and mounting fears of a recession, which could keep the …

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Stocks in Asia surge, dollar eases on Powell’s “disinflationary” comment

SINGAPORE, Feb 2 (Reuters) – Asian shares soared on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a “disinflationary” process was underway, boosting risk appetite as investors hope the climb in US interest rates will come to an end soon . MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was …

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Honda to start producing new hydrogen fuel cell system co-developed with GM

TOKYO, Feb 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it will start producing a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) this year and gradually step up sales this decade, in a bid to expand its hydrogen business. Honda will target annual sales of around 2,000 units of …

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Wall Street dips as Fed decision looms; AMD boosts chipmakers

Fed’s rate decision expected at 1400 ET AMD expects a strong second half of 2023 Amgen weighs on Dow as Q4 revenue falls slightly EA cuts bookings view, shares slide Indexes down: Dow 0.64%, S&P 0.26%, Nasdaq 0.15% Feb 1 (Reuters) – US stock indexes fell on Wednesday ahead of the Federal Reserve’s decision on …

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