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. 


 
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. 


 
JPMorgan to Hike Dividend After Notching Record Profit

It's the bank's second dividend increase in the past year. 


 
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. 


 
Microsoft Hires DeepMind Co-Founder to Lead Consumer AI Unit

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


 
Raymond James Financial Shuffles Leadership

Raymond James Financial named finance chief Paul Shoukry as the successor to longtime CEO Paul Reilly and made other changes to its leadership team.


(END) Dow Jones Newswires

03-20-24 0115ET