NEW YORK (Reuters) - Alphabet's Google and augmented reality startup Magic Leap are forming a strategic technology partnership and working on building immersive experiences that blend the physical and digital worlds. Magic Leap said in a blog post on Thursday that the two companies have agreed to a partnership. A Google spokesperson confirmed the agreement. While short on details, the...

08:29 AM EDT, 05/30/2024 (MT Newswires) -- Coherent (COHR) said Thursday it launched a new high-power laser sensor that can increase measuring speed up to five times. The sensor can measure the power output of lasers up to 10 kw in less than 3 seconds, the company said. The product is suited for CO2, fiber, and diode lasers used in...

Kohl’s Corp (NYSE:KSS) shares are trading lower after the company reported worse-than-expected first-quarter FY24 earnings and slashed its outlook. The company reported a first-quarter FY24 sales decline of 5.3% year-on-year to $3.178 billion, missing the analyst consensus estimate of $3.335 billion. Comparable sales for the quarter decreased 4.4%. Gross margin for the quarter expanded by 48 basis points to 39.5%....

08:32 AM EDT, 05/30/2024 (MT Newswires) -- Aimia ( AIMFF ) said Thursday that it has received board approval for a normal course issue bid. Under the bid, the company will buy for cancellation up to 10% of its public float, or about 7 million common shares. The NCIB will begin by June 6, 2024, and will end by June...