By Timothy Gardner WASHINGTON (Reuters) -President Joe Biden’s administration will sell nearly 1 million barrels of gasoline in the U.S.-managed stockpile in northeastern states as required by l[...]
Read moreMay 21, 2024
Dollar firm as Fed officials urge patience on rate cuts
By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar edged up against the euro on Tuesday, as Federal Reserve policymakers said it is prudent for the U.S. centr[...]
Read moreSecond global AI summit secures safety commitments from companies
By Joyce Lee SEOUL (Reuters) -Sixteen companies at the forefront of developing Artificial Intelligence pledged on Tuesday at a global meeting to develop the technology safely at a time when regulators[...]
Read moreS&P 500, Nasdaq notch record closing highs, Treasury yields dip ahead of Fed minutes
By Stephen Culp NEW YORK (Reuters) -Wall Street ended modestly higher and U.S. Treasury yields dipped on Tuesday amid the doldrums ahead of a holiday weekend and a lack of substantial market catalysts[...]
Read moreBlackRock whistleblower sues over firing, shutdown of China monitoring tool
By Jonathan Stempel NEW YORK (Reuters) – BlackRock was sued for $20 million by a whistleblowing former vice president who said it fired him after he objected to a colleague’s self-dealing,[...]
Read moreSanofi partners with OpenAI, Formation Bio on AI-driven drug development
(Reuters) – French drugmaker Sanofi on Tuesday announced it is collaborating with artificial intelligence company OpenAI and Formation Bio to boost its drug development projects through the use[...]
Read moreCryptocurrencies gain as investors turn optimistic on ether ETFs
LONDON (Reuters) – Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about the outcome of applications for U.S. spot exchange-traded funds that track the[...]
Read moreBASF to pay $316 million to settle PFAS ‘forever chemicals’ US lawsuit
By Clark Mindock (Reuters) – German chemical company BASF said on Tuesday it reached a $316.5 million settlement with some U.S. public water systems that claimed toxic “forever chemicals” in fir[...]
Read moreFirm building QatarEnergy-Exxon LNG plant in Texas files for bankruptcy
By Curtis Williams HOUSTON (Reuters) -The lead contractor building a Texas liquefied natural gas (LNG) plant for QatarEnergy and Exxon Mobil on Tuesday filed for Chapter 11 bankruptcy protection, citi[...]
Read more