By Allison Lampert and David Ryder SEATTLE (Reuters) – Boeing’s Washington state factory workers voted by more than 99% in favor of a strike mandate, their union said on Wednesday evening,[...]
Read more
July 17, 2024
US SEC sues Digital World’s former CEO alleging securities fraud
(Reuters) – The U.S. Securities and Exchange Commission on Wednesday sued Patrick Orlando, ex-chief of Digital World Acquisition Corp that helped former U.S. President Donald Trump’s socia[...]
Read more
Nasdaq, S&P 500 end sharply lower, hit by chips, megacaps; Dow extends rally
By Stephen Culp (Reuters) -The S&P 500 and the Nasdaq tumbled on Wednesday as plunging microchip shares, in the face of potential escalation of U.S. trade conflicts with China, exacerbated the ong[...]
Read more
More than 40% of Japanese companies have no plan to make use of AI: Reuters poll
By Kiyoshi Takenaka TOKYO (Reuters) – Nearly a quarter of Japanese companies have adopted artificial intelligence (AI) in their businesses, while more than 40% have no plan to make use of the cu[...]
Read more
‘Garbage time’: China’s slump spins out new meme of economic despair
By Joe Cash BEIJING (Reuters) -China’s sputtering economy has prompted a dire, new shorthand online for pessimism about the prospects for any turnaround for jobs, incomes and opportunity: “the garbage[...]
Read more
Asian bonds see foreign inflows for second month on hopes of Fed rate cut
By Gaurav Dogra (Reuters) – Foreigners were net investors in Asian bonds for a second straight month in June, buoyed by expectations of an interest rate cut by the U.S. Federal Reserve amid easi[...]
Read more
Meta decides to suspend its generative AI tools in Brazil
SAO PAULO (Reuters) – Meta Platforms said on Wednesday it decided to suspend use of generative artificial intelligence tools in Brazil in response to the government’s objections to its new[...]
Read more
Kinder Morgan reports Q2 miss, remains optimistic on natgas demand
By Vallari Srivastava (Reuters) -U.S. pipeline and terminal operator Kinder Morgan said on Wednesday it expects data center driven electricity need to be a significant driver of natural gas demand, af[...]
Read more
EU antitrust regulators want to know if Google and Samsung’s chatbot deal hinders rivals
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking industry participants if Google’s multi-year generative artificial intelligence (AI) deal with Samsung hinders rival[...]
Read more