Related News

Apple hikes the cost of a monthly Apple TV+ subscription

The future of streaming and movies The future of streaming and movies as “Stranger Things” creators sign with Paramount 03:17 Apple is raising the price of a subscription to its

Kyndryl to invest $2.25 bn in India, set up AI lab in Bengaluru

BENGALURU: IT infrastructure services provider Kyndryl said on Thursday it will invest $2.25 billion (around Rs 18,900 crore) in India over the next three years, expanding its operations and building

BSNL capex boost: Government approves Rs 6,982 crore for BSNL in 2025; 4G network rollout to expand nationwide

The government has approved Rs 6,982 crore as additional capital expenditure (capex) support for BSNL in 2025, Parliament was informed on Thursday.The allocation is in addition to previous support of

Walmart Q2 results: Sales rise 4.6% as shoppers flock and e-commerce booms; Target lags amid tariff pressures

Walmart Inc. delivered robust second-quarter results on Thursday, showing its ability to attract shoppers and outperform rivals such as Target despite economic uncertainty and ongoing tariff pressures. The Bentonville, Arkansas-based

Making Money Online Without Investment: A Beginner’s Guide to Earning from Home

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

Apple TV+ hikes subscription for third time in three years

Thomas Fuller | SOPA Images | Lightrocket | Getty Images Apple is taking a cue from some of its competitors. The technology giant’s Apple TV+ monthly subscription is now $12.99,

IBM announces $150 billion investment in U.S. manufacturing, research

Word Count: 204 | Estimated Reading Time: 2 minutes

Gary Cohn says U.S. will see effect in “transportation of goods” from tariffs in a “few weeks”
08:46

IBM on Monday announced that it will invest $150 billion in U.S. manufacturing to “fuel the economy.”

The investment will include more than $30 billion that will go toward research and development to allow the computing giant to continue manufacturing its mainframe and quantum computers in the U.S.

“Technology doesn’t just build the future — it defines it,” said Arvind Krishna, IBM chairman, president and chief executive officer in a statement Monday. “We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities.”

IBM’s mainframes are currently manufactured in Poughkeepsie, New York.

The historic investment comes as President Trump implements a sweeping tariff regime to incentivize companies to expand U.S. manufacturing.

Megan Cerullo

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting.

Source link