By Richa Naidu, Martin Coulter and Jason Lange LONDON/WASHINGTON (Reuters) – Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fea[...]
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August 11, 2023
Ford reaches deal to move industrial unit to Brazil’s Bahia state
SAO PAULO (Reuters) – Ford’s Brazilian unit on Friday said it reached a transfer agreement with the government of Bahia state to give it ownership of a factory complex closed since 2021. T[...]
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Big tech losses sink Nasdaq, S&P as US Treasury yields rise
By David French (Reuters) – The S&P 500 and the Nasdaq Composite fell on Friday and posted their second straight weekly losses, as hotter-than-expected U.S. producer prices data pushed Treas[...]
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FTX’s Bankman-Fried headed for jail over alleged witness tampering
By Luc Cohen and Jody Godoy NEW YORK (Reuters) -Sam Bankman-Fried is heading to jail after a U.S judge on Friday revoked his bail, finding probable cause that the indicted founder of the bankrupt FTX[...]
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Prominent investors rekindle affection for Amazon in Q2 as stock price jumps
By Svea Herbst-Bayliss NEW YORK (Reuters) – Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity bought or increased their holdings in retailer Amazon.co[...]
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AMC Entertainment gets approval for revised investor settlement, preferred stock soars
(Corrects , in second paragraph) By Tom Hals and Jody Godoy WILMINGTON, Delaware (Reuters) – A Delaware judge approved AMC Entertainment’s revised stockholder settlement on Friday, three w[...]
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Fox’s legal head to step down in another major exit after Dominion settlement
(Reuters) -Fox Corp said on Friday that Chief Legal Officer Viet Dinh was stepping down, a high-profile exit that follows its $787.5 million settlement in April of a defamation lawsuit filed by Domini[...]
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Wynn Resorts pulls the plug on WynnBET in certain US markets
(Reuters) – Wynn Resorts is winding down its online sports betting and iGaming platform, WynnBET, in certain U.S. states due to a lack of clear rules and higher customer acquisition costs, the c[...]
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Stocks fall, yields rise after hotter than expected inflation reading
By Sinéad Carew NEW YORK (Reuters) – A global index of stocks fell on Friday while U.S. Treasury yields rose after a July inflation reading showed prices rising slightly faster than expected, fu[...]
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