By Jonathan Stempel NEW YORK (Reuters) -The New York Times sued OpenAI and Microsoft on Wednesday, accusing them of using millions of the newspaper’s articles without permission to help train ch[...]
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December 27, 2023
GM sues San Francisco, seeking $121 million in back taxes, penalties
By Greg Bensinger SAN FRANCISCO (Reuters) – General Motors has sued the city of San Francisco, seeking to recover more than $100 million, alleging that it was charged a higher tax bill than warr[...]
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Wall St Ekes Out Modest Gains as S&P 500 Hovers Near All-Time Closing High
By Stephen Culp NEW YORK (Reuters) -U.S. stocks closed slightly higher in languid trading on Wednesday, with little market-moving news to fuel conviction as the S&P 500 hovered just below bull mar[...]
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Apple can temporarily sell smartwatches after US appeals court win
By Blake Brittain and Jaspreet Singh (Reuters) -Apple can for now resume sales of its flagship smartwatches, after a U.S. appeals court on Wednesday paused a government commission’s import ban o[...]
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Explainer-What is next after pause of US Apple Watch import ban?
By Blake Brittain (Reuters) -A U.S. appeals court on Wednesday temporarily paused a ruling that had restricted imports of Apple’s popular Apple Watches into the United States. Here is a look at[...]
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Oil drops almost 2% as investors watch Red Sea developments
By Stephanie Kelly NEW YORK (Reuters) -Oil prices dropped nearly 2% on Wednesday, eating into the previous day’s gains as investors monitored developments in the Red Sea, where shippers are retu[...]
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Alibaba must face lawsuit in US over counterfeit Squishmallows
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Wednesday rejected Alibaba’s bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the pop[...]
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World stocks at highest in over a year on rate cut bets
By Koh Gui Qing and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World stocks rallied to their highest level in more than a year on Wednesday, while the U.S. dollar hit a five-month low, as expectation[...]
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Dollar hits 5-mth low against euro as Fed seen closer to rate cuts
By Karen Brettell NEW YORK (Reuters) -The dollar slipped to a five-month low against the euro and a basket of currencies on Wednesday on expectations the Federal Reserve could soon cut U.S. interest r[...]
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