Mar 11, 2024
HSBC to hire almost 50 bankers for startup, venture lending in US

NEW YORK (Reuters) - HSBC is planning to recruit about 50 more bankers in its U.S. commercial bank to lend to startup companies, mainly in the technology and healthcare sectors, according to a senior executive. The London-headquartered bank hired about…

Mar 11, 2024
Judge blocks US labor board rule on contract and franchise workers

By Daniel Wiessner (Reuters) -A federal judge in Texas on Friday struck down a U.S. National Labor Relations Board (NLRB) rule that would treat many companies as employers of certain contract and franchise workers and require them to bargain with…

Mar 11, 2024
Nvidia is sued by authors over AI use of copyrighted works

By Jonathan Stempel (Reuters) - Nvidia, whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without permission to train its NeMo AI platform. Brian Keene, Abdi Nazemian and Stewart O'Nan said…

Mar 08, 2024
Apple retreats in Epic feud, allows Fortnite return in EU

By Stephen Nellis and Akash Sriram (Reuters) -Under pressure from European regulators, Apple took a step back in its feud with Epic Games on Friday, clearing the way for Epic to put its own game store on iPhones and iPads…

Mar 07, 2024
Sweden joins NATO as war in Ukraine prompts security rethink

WASHINGTON/STOCKHOLM (Reuters) -Sweden joined NATO in Washington on Thursday, two years after Russia's invasion of Ukraine forced it to rethink its national security policy and conclude that support for the alliance was the Scandinavian nation's best guarantee of safety. Swedish…

Mar 07, 2024
Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration

By David Shepardson WASHINGTON (Reuters) -Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric vehicles to address national security risks, the latest push by lawmakers to protect the U.S.…

Mar 06, 2024
Apple escalates Epic Games feud by blocking Fortnite app in EU

By Akash Sriram and Stephen Nellis (Reuters) -Apple escalated its feud with Epic Games on Wednesday, blocking the Fortnite video-game maker from launching its own online marketplace on iPhones and iPads in Europe. The two companies have been in a…