‘Queen of rock ‘n’ roll’ Tina Turner dies at 83
By Mike Davidson (Reuters) -Tina Turner, the American-born singer who left a hardscrabble farming community and abusive relationship to become one of the top recording artists of all time, died on Wednesday at the age of 83. She died peacefully after a long illness in...
Amazon beats all 18 shareholder-led proposals at annual meeting
By Arriana McLymore NEW YORK, NY (Reuters) - Amazon.com Inc investors voted against all 18 shareholder-led proposals during the e-commerce giant's annual meeting on Wednesday, a preliminary tally by the company showed. The total exceeded Amazon's 2022 record of 15 as...
Top Reasons We Could See a Massive Oil Rally
Oil prices are about to gush higher. Last checked, crude oil is up about $1.46 to $74.37 – and could gush higher for two key reasons. For one, Saudi Arabia just said, “short sellers – those betting prices will fall – should ‘watch out’ for pain.” Some investors are...
EU, U.S. to seek stopgap standards for AI – EU tech chief
By Philip Blenkinsop BRUSSELS (Reuters) - The European Union and the United States are set to step up cooperation on artificial intelligence with a view to establishing minimum standards before legislation enters force, the EU's tech chief Margrethe Vestager said on...
U.S. mid-cap retailers slip after latest batch of results
By Caroline Valetkevitch NEW YORK (Reuters) -Shares of U.S. mid-cap retailers mostly eased on Tuesday as the latest batch of quarterly results included reports from BJ's Wholesale Club Holdings and other companies that provided more disappointments for the industry....
Methane hunters tap new technology to reshape policing of U.S. greenhouse emissions
By Liz Hampton ARTESIA, New Mexico (Reuters) - Charlie Barrett walks through an oilfield in New Mexico's southeastern desert, where the air smells of rotten eggs and old pumpjacks sit among shrub oaks, and turns on an infrared camera that can detect emissions from oil...
Google-backed Anthropic raises $450 million in latest AI funding
By Krystal Hu and Jaiveer Shekhawat (Reuters) -Anthropic, an artificial intelligence startup competing with OpenAI in building AI foundation models, said on Tuesday it had raised $450 million from investors including Alphabet Inc's Google and Spark Capital. The latest...
Microsoft beefs up ChatGPT and Bing in wide-ranging AI product launch
By Yuvraj Malik and Jeffrey Dastin (Reuters) - Microsoft Corp on Tuesday started making available to users a host of AI upgrades, including to ChatGPT, its search engine Bing as well as to cloud services - an expansive launch that seeks to narrow the gap with Alphabet...
First Citizens sues HSBC for hiring away Silicon Valley Bank staff
By Daniel Wiessner (Reuters) -First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of poaching more than 40 of the failed bank's employees in order to launch its own U.S. venture...
Three Top Weight Loss Stocks to Buy and Hold Now
With the weather warming up, weight loss stocks are scorching hot. Look at WW International (WW). As we noted on April 13, WW had a rough run thanks to slowing growth. However, it appears the company may have turned a major corner with the acquisition of Sequence....
Bill Gates says top AI agent will replace search, shopping sites
SAN FRANCISCO (Reuters) -Bill Gates, Microsoft Corp's co-founder, on Monday said the technology race to win is the development of the top artificially intelligent agent, poised to disrupt search-engine, productivity and online shopping sites. "You’ll never go to a...
Regulators dust off rule books to tackle generative AI like ChatGPT
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) - As the race to develop more powerful artificial intelligence services like ChatGPT accelerates, some regulators are relying on old laws to control a technology that could upend the way societies and...
Exxon rebuts proxy advisor, says net zero emissions scenario ‘unlikely’
By Sabrina Valle HOUSTON (Reuters) - Exxon Mobil Corp has pushed back against investors pressing the largest U.S. oil producer to report on the risks to its business from restrictions on greenhouse gas emissions and potential environmental disasters. In a reply on...
Twitter alleges “unauthorized” data usage by Microsoft
(Reuters) -Twitter Inc has alleged that Microsoft Corp violated an agreement over using the social media company's data, according to a letter seen by Reuters on Thursday. Twitter owner Elon Musk's lawyer leveled accusations of "unauthorized" usage of Twitter's data...
Debt default could trigger recession, Harris and Brainard warn
By Doina Chiacu and Steve Holland WASHINGTON (Reuters) -Vice President Kamala Harris and top White House economic adviser Lael Brainard said on Thursday that a default on the U.S. debt of $31.4 trillion would throw the American economy into a recession. In a...
Applied Materials forecasts third-quarter revenue above estimates
By Tiyashi Datta and Stephen Nellis (Reuters) - Semiconductor manufacturing tools maker Applied Materials Inc forecast third-quarter revenue above market estimates on Thursday, as governments around the world pour funding into chip factories. Companies such as KLA...
Wall Street ends higher, dollar climbs on solid data, debt ceiling progress
By Stephen Culp NEW YORK (Reuters) - U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as discount retail giant Walmart Inc raised its sales outlook and strong economic data calmed recession fears while also dampening hopes the Federal Reserve...
Genome data sheds light on how Homo sapiens arose in Africa
By Will Dunham WASHINGTON (Reuters) - Our species arose in Africa more than 300,000 years ago, with the oldest-known Homo sapiens fossils discovered at a site in Morocco called Jebel Irhoud, located between Marrakech and the Atlantic coast. But the scarcity of Homo...
Dogs of the Dow Likely to Outperform the Dow Again
The 2022 Dogs of the Dow beat the major indices, even in a “ruff” year. Sorry, terrible pun. While the Dogs of the Dow stocks fell 1.6% on the year, once you add in the dividend payouts, the Dogs returned 2% on the year. And while 2% may not sound like a big win,...
OpenAI to introduce ChatGPT app for iOS
(Reuters) -OpenAI, the company behind the ChatGPT chatbot, said on Thursday it is introducing the ChatGPT app for Apple's iOS. The ChatGPT app is free to use and would sync history across devices, OpenAI said. "ChatGPT Plus subscribers get exclusive access to GPT-4's...