Prime Highlights:  Apple has restructured its AI division, appointing Mike Rockwell, creator of Vision Pro, to lead Siri's development, replacing John Giannandrea.  The move follows significant delays in Siri's AI…

Prime Highlights:  Federal Reserve Governor Adriana Kugler expressed concern about persistent inflation risks, emphasizing that inflation could remain sticky and prices may rise again.  Kugler suggested that it might be…

Prime Highlights:  Milan-based Prada is negotiating to purchase the Versace brand from Capri Holdings for nearly €1.5 billion.  The acquisition could be finalized within the month, potentially bringing Versace back…

Prime Highlights:  RELX achieved a record £9.4bn in revenue for 2024, reflecting a 7% year-on-year growth.  Adjusted operating profit increased by 10%, reaching £3.2bn.  The company’s growth was bolstered by…

Prime Highlights:  Federal Reserve Chair Jerome Powell stated that the central bank is not in a rush to reduce interest rates, given the strong economy and easing inflation.  Powell described…

Prime Highlights:  Unemployment for Black men surged to 6.9% in January, up from 5.6% in December, marking the largest month-to-month increase among any demographic.  The overall U.S. unemployment rate dropped…

Prime Highlights: The U.S. economy added 143,000 jobs in January, below the expected 169,000 and down from the revised 307,000 in December. The unemployment rate decreased to 4% from 4.1%.…

Prime Highlights:  Treasury Secretary Scott Bessent reveals the Trump administration's emphasis on maintaining low 10-year Treasury yields instead of pressuring the Federal Reserve to cut interest rates.  Bessent clarifies that…

Prime Highlights:  Comcast has over 7.8 million mobile lines, representing 12% of its broadband customer base, signaling significant potential for future mobile growth.  Comcast plans to simplify its service bundles,…

Prime Highlights:  Palantir’s shares jumped 22% in after-hours trading following strong Q4 results.  The company reported adjusted earnings of 14 cents per share, exceeding the 11-cent estimate.  Q4 revenue reached…