Business
US Stocks Drop on Worries About Banks Average long-term US mortgage rate slips to 6.27%, nearing a low for 2025 Taiwanese chipmaker TSMC sees 40% jump in profit due to AI boom Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says Smucker sues Trader Joe's, saying its new PB&J sandwiches are too similar to Uncrustables
Oracle and AMD expand partnership in artificial intelligence
GM to take a $1.6 billion hit as tax incentives for EVs are slashed
Google announces $15B investment in AI hub in India
Instagram says it's safeguarding teens by limiting them to PG-13 content
French PM Suspends Pension Reform to Avoid Collapse
Giorgio Armani group names Giuseppe Marsocci as new CEO
ROME (AP) – The Armani fashion house said on Thursday it has appointed luxury veteran and longtime manager Giuseppe Marsocci as its new chief executive officer, following the death of its founder last month at 91.