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Business News

US stocks rally after pressure eases from the bond market and oil prices fall

NEW YORK (AP) — The U.S. stock market bounced back Wednesday after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains. The S&P 500 climbed 1.1% for its first rise in four days and pulled closer to its all-time high set last week. The Dow ...

Nvidia Q1 results surpass expectations thanks to AI chip demand

The Associated Press Artificial intelligence chipmaker Nvidia’s quarterly results surpassed Wall Street’s expectations once again, fueled by massive demand for its high-end AI chips. The company said Wednesday it earned $58.32 billion, or $2.39 per share, in the February-April period, ...

Jell-O is jiggling its way toward more natural ingredients

Jell-O — long known for its bright rainbow of artificially colored gelatins — is getting a line of products made without synthetic colors or artificial sweeteners to meet increasing consumer demand for natural ingredients. Kraft Heinz Co. on Tuesday unveiled Jell-O Simply, a line of ...

Federal court rejects Musk’s claims against OpenAI

OAKLAND, Calif. (AP) — A federal court on Monday dismissed claims filed against OpenAI and its top executives by Elon Musk, who accused them of betraying a shared vision for it to remain a nonprofit dedicated to guiding artificial intelligence’s development for the good of humanity. The ...