Top U.S. technology multinationals, which have been the biggest beneficiaries of globalization, come to the fore as tariffs could heavily impact the cost of the goods sold by these firms. What Happened: The data shared by Gina Martin Adams, the…
Semiconductor stocks, led by Nvidia Corp (NASDAQ:NVDA), are trading lower Monday amid reports that Beijing is encouraging Chinese firms to focus on domestic artificial intelligence (AI) chips from companies like Cambricon Technologies Corp and Huawei Technologies Co. The move marks an…
The Joe Biden-led administration has announced a significant investment of $830 million to protect infrastructure from the increasing threat of extreme weather events, which are being intensified by climate change. What Happened: The administration is setting aside $830 million to…
The big three fund managers that jointly manage more than $23 trillion in assets are coming under the scrutiny of federal regulators over their large holdings in many U.S. banks. BlackRock Inc (NYSE:BLK), State Street Corp (NYSE:STT) and Vanguard run…
By David Shepardson WASHINGTON (Reuters) -The White House will brief senators Tuesday on artificial intelligence in a classified setting as lawmakers consider adopting legislative safeguards on the fast-moving technology. The 3 p.m. ET briefing, organized by Senate Democratic Leader Chuck…
OTTAWA (Reuters) - U.S. and Canadian authorities issued a joint advisory on Thursday warning about a widespread increase in the use of a type of malware called Truebot to target organizations in the two countries. "Cyber threat actors are using…
By Daina Beth Solomon MEXICO CITY (Reuters) - The U.S. wants Mexico's government to build strong institutions to protect worker rights as companies aiming to avoid supply chain disruptions in far-off production spots bring more jobs to the country, a…
(Reuters) - Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are taking to regulate…
By Sarah N. Lynch WASHINGTON (Reuters) -The U.S. Justice Department on Wednesday announced federal and local criminal charges targeting 78 defendants across 16 states as part of a law enforcement action involving $2.5 billion in alleged healthcare fraud schemes targeting…
WASHINGTON (Reuters) -The United States will provide Kyiv with a new military package worth up to $500 million, the Pentagon said on Tuesday, in a show of support for Ukraine's fight against Russia as Moscow deals with the aftermath of…