Apr 05, 2023
S&P 500 ends lower as recession fears take center stage

By Noel Randewich and Ankika Biswas (Reuters) - The S&P 500 dipped and the Nasdaq ended sharply lower on Wednesday after a growing wave of weak economic data deepened worries that the Federal Reserve's rapid interest rate hikes might tip…

Apr 05, 2023
Apple says more suppliers committing to renewable energy

By Stephen Nellis (Reuters) - Apple Inc on Wednesday said that more of its supply chain is committing to use renewable energy in producing the company's iPhones, Macs and other products. Apple said suppliers are supporting 13 gigawatts of active…

Apr 04, 2023
Traders bet Fed won’t raise rates further as job market cools

By Lindsay Dunsmuir and Ann Saphir (Reuters) - A key gauge of labor market tightness that Federal Reserve Chair Jerome Powell has cited throughout the central bank's aggressive interest-rate hike campaign dropped to its lowest level since late 2021, a…

Apr 03, 2023
Elon Musk seeks to end $258 billion Dogecoin lawsuit

By Jonathan Stempel NEW YORK (Reuters) - Elon Musk asked a U.S. judge on Friday to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin. In an evening filing in…

Apr 03, 2023
Humans vs. machines: the fight to copyright AI art

By Tom Hals and Blake Brittain (Reuters) - Last year, Kris Kashtanova typed instructions for a graphic novel into a new artificial-intelligence program and touched off a high-stakes debate over who created the artwork: a human or an algorithm. "Zendaya…

Apr 01, 2023
Twitter makes some of its source code public, promises more

By Sheila Dang (Reuters) -Twitter on Friday made public parts of the computer code that decides how the social media site recommends content, with its owner Elon Musk adding that the entirety of the code will be available in the…

Mar 29, 2023
Investors pull $1.6 billion from Binance after CFTC lawsuit

By Elizabeth Howcroft LONDON (Reuters) - Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC on Monday, blockchain data tracker Nansen said on Wednesday. The U.S. Commodity Futures Trading Commission (CFTC)…