Apple Looks to External Partners to Boost AI Efforts

The iPhone giant is playing catch-up in generative AI boom with the help of Google or OpenAI. 


 
Chipotle Board Approves 50-for-1 Stock Split

The move, if shareholders approve, would be the first stock split in the restaurant chain's 30-year history. 


 
JetBlue to Cut Routes After Weaker Performance

JetBlue will exit certain cities and end some flight routes in a bid to prioritize better-performing routes with limited aircraft on hand. 


 
Astera Labs prices IPO at $36 a share, well above target range

Wall Street is about to get a new way to play the intersection between chips and artificial intelligence. 


 
Kering Expects Revenue Drop on Lower Gucci Sales

The French luxury giant said it expects a revenue decline of about 10% from last year's first quarter, when group revenue was EUR5.01 billion. 


 
Gildan Activewear to Consider Potential Bids

Canadian clothing maker is considering its options after receiving expressions of interest from several potential buyers. 


 
Supreme Court Hears Arguments about Insurer Standing in Asbestos Bankruptcy

Justices of the U.S. Supreme Court questioned Kaiser Gypsum about why it seemingly doesn't want its insurer, which objects to the defunct cement maker's Chapter 11 plan, to be heard in court. 


 
Gemini Settles With Bankrupt Genesis for Customers to Be Paid Back in Full

The settlement, which needs court approval, would return about $2 billion in digital coins to customers of the Winklevosses' Gemini Earn. 


 
Microsoft Hires DeepMind Co-founder to Lead Consumer AI Unit

Mustafa Suleyman is well-known leader and entrepreneur in artificial intelligence. 


 
Nvidia Plans to Price Newest AI Chips to Appeal to Wide Group of Users

CEO Jensen Huang says the company is positioned to capture a large share of new spending on data centers.


(END) Dow Jones Newswires

03-19-24 2315ET