WASHINGTON (Reuters) – U.S. Senator Michael Bennet, a Democrat who is active in artificial-intelligence issues, wrote to leading tech firms on Thursday to urge them to label AI-generated content[...]
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June 29, 2023
Dow, S&P gain with bank rally countering rate worries
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – The Dow and the S&P 500 advanced on Thursday as bank shares rallied after major lenders cleared the Federal Reserve’s a[...]
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Japan’s jobless rate flat at 2.6% in May
TOKYO (Reuters) – Japan’s jobless rate was flat at 2.6% in May from the previous month, government data showed on Friday. The seasonally adjusted unemployment rate also matched economists[...]
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KKR sweetens Circor offer again in bidding war with Arcline
(Reuters) – Circor International said on Thursday that KKR & Co had raised its offer for the industrial machinery maker by $5 to $56 per share in cash, as the investment firm looks to fend o[...]
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US bank stocks rise as lenders shrug off turmoil to ace Fed health checks
By Manya Saini and Chibuike Oguh (Reuters) – U.S. bank stocks rose on Thursday after the Federal Reserve’s annual health checks showed lenders could weather an economic slump, easing inves[...]
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Exclusive-US, Dutch set to hit China’s chipmakers with one-two punch
By Karen Freifeld (Reuters) -The United States and the Netherlands are set to deliver a one-two punch to China’s chipmakers this summer by further restricting sales of chipmaking equipment, part[...]
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Binance’s European banking partner Paysafe to withdraw support
(Reuters) -Paysafe Payment Solutions, Binance’s European banking partner, said on Thursday it will cease offering its embedded wallet solution to the U.S. cryptocurrency exchange across the Euro[...]
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Nike’s gloomy forecast puts spotlight on N America slowdown
By Granth Vanaik, Ananya Mariam Rajesh and Katherine Masters (Reuters) -Nike forecast first-quarter revenue below Wall Street expectations on Thursday as cost-conscious consumers in North America cut[...]
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Alkermes wins battle against Sarissa in closely watched boardroom fight
By Svea Herbst-Bayliss NEW YORK (Reuters) -Alkermes beat back activist investor Sarissa Capital Management’s boardroom challenge on Thursday when shareholders re-elected all of the biotechnology[...]
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