By Tom Hals WILMINGTON, Delaware (Reuters) – The Walt Disney Co board did not act negligently when it criticized a sexual identity bill signed by Florida Governor Ron DeSantis, a Delaware judge[...]
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June 27, 2023
US considering new restrictions on AI chip exports to China – WSJ
(Reuters) -The United States is considering new restrictions on exports of artificial intelligence chips to China, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.[...]
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Spirit AeroSystems and union reach tentative deal, creating path to end US strike
By Valerie Insinna WASHINGTON (Reuters) -Spirit AeroSystems and its machinists union reached a tentative contract agreement on Tuesday, with about 6,000 workers set to vote Thursday on whether to end[...]
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Microsoft attempts to pick apart US legal argument against deal to buy Activision
By Greg Bensinger SAN FRANCISCO (Reuters) – Arguing for the government on Tuesday in its legal fight against Microsoft’s $69 billion deal to buy game maker Activision Blizzard, Harvard eco[...]
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Wall Street ends sharply higher, dollar softens as data points to economic resilience
By Stephen Culp NEW YORK (Reuters) – U.S. stocks advanced in a broad rally on Tuesday, and the dollar softened as robust economic data eased recession fears and stoked investors’ risk appe[...]
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AI model startup Reka raises $50 million led by DST Global Partners
By Krystal Hu (Reuters) -Reka, an AI model startup founded by former researchers from Alphabet’s DeepMind, has raised $50 million in a fresh round of funding from investors including Yuri Milner[...]
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Indictment details plan to steal Samsung secrets for Foxconn China project
By Ju-min Park and Heekyong Yang SEOUL (Reuters) – When former Samsung executive Choi Jinseog won a contract with Taiwan’s Foxconn in 2018, he tapped his former employer’s supplier n[...]
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Tesla charging technology put on fast track to become US standard
By Hyunjoo Jin and Trevor Hunnicutt (Reuters) -Tesla’s electric-vehicle charging technology is being put on a fast track to become a North American standard, giving a further boost to the automa[...]
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How risky is it to extend Canadian mortgage amortizations?
By Nivedita Balu and Fergal Smith TORONTO (Reuters) – Canada’s record pace of interest rate hikes has led to the repayment period for many variable rate mortgages lengthening to over 30 ye[...]
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