business
Fusion Startup Gets an AI Boost From Nvidia, Siemens
Commonwealth Fusion Systems is developing a simulator with the tech companies to help spur commercial use of the renewable energy source. Source link
Ford Sales Rise on Increased Demand for Lower-Priced Trucks
Ford recorded more fourth-quarter sales compared with the prior year, as lower-priced truck sales helped it more than offset a decline in electric vehicles. Source link
AIG’s Peter Zaffino to Retire as CEO
American International Group’s chairman and chief executive, Peter Zaffino, plans to retire as chief executive midyear and will hand the reins to longtime Aon executive Eric Andersen. Source link
McGraw Hill Names Philip Moyer President, CEO as Simon Allen Retires
McGraw Hill’s top executive, Simon Allen, is retiring next month and will be succeeded by former Vimeo chief Philip Moyer. Source link
Auto & Transport Roundup: Market Talk
Find insight on Hyundai Motor, Alstom , Ryanair and more in the latest Market Talks covering Auto and Transport. Source link
Energy & Utilities Roundup: Market Talk
Find insight on BP and Venezuela’s oil supply and more in the latest Market Talks covering Energy and Utilities. Source link
Nestle Recalls Batches of Infant Formula Potentially Containing Toxins
Nestle recalled specific batches of its SMA baby formula, citing the potential presence of cereulide bacteria. Source link
Victoria’s Secret Faces Valentine’s Day Test
After fumbling the holiday of romance last year, the purveyor of lingerie aims to be better prepared this February. Source link
Sweeping Minimum-Wage Hikes Take Hold Across the Country
A mix of 19 states, both red and blue, bumped their minimum wages this month, several to over $15 an hour. Source link
Bosch to Invest $2.9 Billion in AI Over Next Couple of Years
The company, one of the world’s largest car-parts suppliers, will invest in AI by the end of 2027 as it bets on the technology to maximize productivity and power new products. Source link