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Jeff Bezos unloads another $2 billion of Amazon stock in latest sale

The move to Florida has now likely saved Bezos about $430 million in taxes. Washington state recently implemented a 7% levy on capital gains, while Florida has no such tax

Google to provide AI cyber tools, investments to bolster online security

The company will also release a white paper on Friday at the Munich Security Conference in Germany that details how it is using AI for cyber defence

Donald Trump 2020 election case: I'm not on trial, says Fani Willis

For roughly two hours, Willis then fought for her professional reputation and the historic case she brought against the former president seeking a return to the White House

Nearly all wealth gained by world's rich this year comes from AI

The biggest winners include Huang and Mark Zuckerberg, whose Meta Platforms is the second-best performer on the S&P 500 Index after Nvidia for the second year in a row

US factory production declines in Jan for first time in three months

Excluding autos, manufacturing decreased 0.6% from December, the most since March. It also marked the fourth-straight monthly decline

GM, Panasonic sign investment deals with Canadian graphite producer

GM and Panasonic have each committed to purchase 18,000 metric tons of active anode material annually over a period of six to seven years, Nouveau Monde Graphite said in a statement Thursday

Tata group considering spinoff of battery business Agratas Energy Storage

A listing may value Agratas at $5 billion to $10 billion depending on its growth and market sentiment, they said. A representative for Tata declined to comment

Airbus SE targets nearly 800 deliveries as Boeing struggles with Max

The European planemaker made the prediction on Thursday as it reported earnings for the full year and provided financial targets

Netflix's monetisation model may just save India's online learning apps

The Physics Wallah app has 2 million users logging in daily and spending 80 minutes

Morgan Stanley planning to eliminate several hundred jobs in wealth unit

The bank's shares have been the worst-performing among its biggest US peers this year, down about 10%

Alibaba looks for partners in West Asia as Beijing deepens Gulf ties

Alibaba is trying to stage a comeback after years of government punishment and strategic missteps that cost the e-commerce operator its place as leader of the country's tech industry

A 'clerical error' in Lyft outlook triggers 67% jump before reality dawns

The firm mistakenly said that the margins will rise by 500 basis points. (bps). The actual figure was 50 bps

Crime wave a $4.2 bn headache for UK retailers amid 50% rise in violence

Violence and abuse against UK shop workers rose by 50% to 1,300 incidents a day while instances of theft grew to more than 45,000 daily

Uber unveils $7 bn stock buyback plan first for company, shares up 4.6%

The stock jumped about 4.6% in premarket trading in New York. It has more than doubled over the past 12 months

Goldman, JP Morgan launch $5 billion loan for KKR's Cotiviti stake deal

The sale is broken up into a $4.4 billion floating rate term loan led by JPMorgan Chase & Co. and a $600 million fixed rate term loan led by Goldman Sachs Group Inc

Ex-Credit Suisse dealmakers are shaking up $1.3 trillion junk-bond market

Credit Suisse used to be a big arranger of CLOs - vehicles that buy up junk-rated company loans, bundle them together and sell them as bonds

Continental to cut 7,150 jobs in savings push at struggling auto unit

Some 17 sites in the Rhine-Main area will be reviewed in addition to some other locations, a company spokesperson said Wednesday

Sony plans IPO for financial arm in Oct 2025 after PS5 sales falter

The company revealed plans for the partial sale after reporting earnings and revising its forecasts for the fiscal year through March

India steel mills most at risk from EU carbon plan, says Goldman Sachs

Policymakers worldwide are seeking to reduce carbon emissions in their fight against climate change, with steel traditionally among the most polluting industries

PM Modi pushes ahead with Mideast-Europe corridor despite widening conflict

Both leaders agreed, though, to take the first step to operationalise part of the ambitious India-Middle East-Europe Economic Corridor, or IMEC, he said