Allianz Lifts Dividend, Launches Buyback After Rise in Profit 
 

The insurer proposed a dividend increase of 12% for 2024 after net profit rose in the final quarter.

 
British Airways Owner IAG to Buy Back Shares After Profit Rise 
 

The group said it would buy back around $1 billion in shares after earnings were boosted by commercial and cargo demand.

 
HP to Trim Up to 2,000 More Jobs in Expanded Cost-Cutting Push 
 

The details of the layoffs came shortly after HP reported higher revenue in its fiscal first quarter, boosted by what Chief Executive Enrique Lores said was strong demand for its new technologies.

 
KPMG to Launch U.S. Law Firm Following Court Approval 
 

Arizona's Supreme Court gives the firm final clearance to set up a law practice, making KPMG the first Big Four accounting firm to do so anywhere in the U.S.

 
Dell Stock Falls After AI Server Maker Beats Earnings Estimates 
 

Dell Technologies stock rose after the company posted better-than-expected earnings late Thursday.

 
Autodesk to Cut 9% of Workforce 
 

The layoffs are expected to hit about 1,350 employees and the software company will incur total restructuring charges between $135 million and $140 million.

 
OpenAI Unveils New ChatGPT 4.5 Model 
 

ChatGPT Pro users will get access to GPT-4.5 on Thursday as part of a research preview.

 
Amazon Unveils 'Ocelot' Quantum Chip. It's the Latest Tech Giant to Move Into the Space. 
 

Amazon Web Services introducs the chip in a blog post, coinciding with an article in the journal Nature.

 
Trump wants a 25% tariff on cars from the E.U. Where he could be going wrong. 
 

Some trade experts haven't been won over by the 47th president's tariff proposals, even as Europe's big car companies are making shifts to deal with Trump 2.0.

 
Consumer Watchdog Moves to Drop Capital One Lawsuit 
 

President Trump's nominee to lead the Consumer Financial Protection Bureau said he still planned to fulfill the agency's mandate.

(END) Dow Jones Newswires

February 28, 2025 05:00 ET (10:00 GMT)

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