By Joseph White DETROIT (Reuters) – United Auto Workers President Shawn Fain is not a shouter. When he addresses union members in Facebook videos, or appears in public, he rarely raises his voic[...]
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July 13, 2023
Delta says travel boom is here to stay, raises earnings forecast
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines CEO Ed Bastian on Thursday said travel has become the topmost priority for consumers, but capacity constraints at U.S. carriers will not let th[...]
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Open-source AI model creator Nomic raises $17 million led by Coatue
(Reuters) – AI startup Nomic has raised $17 million in a new funding round from investors led by Coatue, the companies told Reuters. The investment valued New York-based Nomic AI, a team of four[...]
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Twitter seeks termination of FTC order over data practices
By Sheila Dang (Reuters) – Twitter asked a U.S. court on Thursday to terminate a consent order with the Federal Trade Commission that governed the social media company’s data privacy prote[...]
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Fed hawk Bullard steps down to be dean at business school in Indiana
By Michael S. Derby and Ann Saphir (Reuters) -St. Louis Federal Reserve President James Bullard, a leading hawk at the U.S. central bank who pushed for aggressive interest rate hikes to curb high infl[...]
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Coca-Cola to see less pain from looming WHO decision on aspartame – analysts
By Savyata Mishra (Reuters) – (This June 30 story has been officially corrected to drop the reference to aspartame being removed from PepsiCo products in 2020, in paragraph 9. A PepsiCo spokespe[...]
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Cooler inflation keeps stocks up, dollar and yields down
By Lawrence Delevingne and Huw Jones (Reuters) -U.S. stocks rose again and global equities hit new highs for 2023 on Thursday, while the dollar and Treasury yields continued to slide, as slowing U.S.[...]
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Chinese hackers breached US Commerce chief’s emails; Blinken warns Chinese counterpart
By David Shepardson and Christopher Bing WASHINGTON (Reuters) – U.S. Commerce Department Secretary Gina Raimondo was among a group of senior U.S. officials whose emails were hacked earlier this[...]
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Argentines tighten wallets to fight spiraling inflation
BUENOS AIRES (Reuters) -Argentines are tightening their wallets to make end meets as the South American country battles inflation which could surpass 140% on an annual basis this year, hunting for the[...]
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