By Chris Prentice and Huw Jones NEW YORK/LONDON (Reuters) -Wall Street’s main indexes rose and European shares logged their largest one-day gain in two months on Friday as talks on raising the U[...]
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May 26, 2023
Pfizer, Moderna hit with new Alnylam patent lawsuits over COVID-19 vaccines
By Blake Brittain (Reuters) – Biotech company Alnylam Pharmaceuticals Inc filed new lawsuits on Friday against Pfizer Inc and Moderna Inc in Delaware federal court, again claiming that the compa[...]
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Twitter not paying PR firm’s bills after Musk buyout -lawsuit
By Jonathan Stempel (Reuters) – A former public relations firm for Twitter sued the social media company on Friday, saying it has not paid its bills since Elon Musk’s $44 billion buyout. J[...]
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Factbox-Top US credit rating under watch as debt ceiling talks drag on
(Reuters) – Drawn-out negotiations between the White House and Republicans to raise the $31.4 trillion debt ceiling have unnerved markets and fanned worries about the economic impact of a possib[...]
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ChatGPT-maker OpenAI says has no plans to leave Europe
By Supantha Mukherjee and Martin Coulter (Reuters) – OpenAI has no plans to leave Europe, CEO Sam Altman said on Friday, reversing a threat made earlier this week to leave the region if it becom[...]
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Meta offers to limit use of ad data to address UK competition concerns
LONDON (Reuters) – Britain’s competition watchdog on Friday said social media giant Meta had offered to limit its use of other businesses’ advertising data for its Facebook Marketpla[...]
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US Labor Department providing $653 million to help states upgrade UI systems
WASHINGTON (Reuters) – The U.S. Department of Labor said on Friday it was providing up to $653 million in grants to state governments to help safeguard against fraud by updating their unemployme[...]
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US court questions another Equitrans Mountain Valley natgas pipe permit
(Reuters) – U.S. energy company Equitrans Midstream Corp’s long-delayed $6.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia received another negative court rul[...]
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G7 officials to hold first meeting on AI regulation next week
By Kantaro Komiya TOKYO (Reuters) – Group of Seven (G7) nation officials will meet next week to consider problems posed by generative artificial intelligence (AI) tools like ChatGPT, Japan said[...]
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