By Dietrich Knauth NEW YORK (Reuters) -Bankrupt crypto lender Genesis and crypto exchange Gemini have returned over $2 billion in crypto to 232,000 retail customers in their jointly managed Gemini Ear[...]
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May 29, 2024
Meta identifies networks pushing deceptive content likely generated by AI
NEW YORK (Reuters) – Meta said on Wednesday it had found “likely AI-generated” content used deceptively on its Facebook and Instagram platforms, including comments praising Israel[...]
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HP beats revenue estimate on recovering PC demand
By Stephen Nellis (Reuters) – HP Inc beat Wall Street estimates for second-quarter revenue on Wednesday, signaling a recovery in the personal computer (PC) market as customers upgrade their syst[...]
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McDonald’s top US exec denounces viral reports of runaway prices
By Waylon Cunningham (Reuters) – McDonald’s top U.S. executive denounced viral reports of runaway Big Mac prices as painting an inaccurate picture of the company, which has seen its profit[...]
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US FAA head to meet with Boeing CEO Thursday on quality plan, sources say
By David Shepardson WASHINGTON (Reuters) -The head of the Federal Aviation Administration is set to meet on Thursday with Boeing CEO Dave Calhoun and other senior company officials on the company[...]
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BHP walks away from $49 billion pursuit of mining rival Anglo
By Clara Denina, Felix Njini and Melanie Burton LONDON/JOHANNESBURG/MELBOURNE (Reuters) – Mining group BHP Group on Wednesday walked away from its $49 billion plan to take over rival Anglo Ameri[...]
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US judge rejects Amazon bid to get FTC lawsuit over Prime program tossed
By David Shepardson WASHINGTON (Reuters) -A U.S. judge in Seattle on Tuesday rejected Amazon.com’s request to dismiss a Federal Trade Commission (FTC) lawsuit that accuses the company of enrolli[...]
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Exclusive-Vietnamese EV maker VinFast considers delaying $4 billion US plant, source says
By Phuong Nguyen, Francesco Guarascio and Ben Klayman (Reuters) -Vietnamese electric car maker VinFast is looking at further delaying a planned $4 billion factory in North Carolina, a person briefed o[...]
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US firms grow more pessimistic on economic outlook, Fed survey shows
By Lindsay Dunsmuir (Reuters) -U.S. economic activity continued to expand from early April through mid-May but firms grew more downbeat about the future amid weakening consumer demand while inflation[...]
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