(Reuters) – A group of current and former employees at artificial intelligence (AI) companies, including Microsoft-backed OpenAI and Alphabet’s Google DeepMind on Tuesday raised concerns about risks posed by the emerging technology. An open letter by a group of 11 current and former employees of OpenAI and one current and another former employee with Google…
By Siddharth Cavale NEW YORK (Reuters) – “Target is my backup option,” said Chloe Guss, a shopper at the retail chain for nearly 20 years whose reservations about some of its products may spell trouble for the business. The New Yorker, 38, mostly shops at Target through her Instacart app for a few groceries and…
WASHINGTON (Reuters) – U.S. planemaker Boeing faces a “long road” to address safety issues, the head of the Federal Aviation Administration said on Thursday as it prepares to receive the company’s plan to address concerns. In late February, FAA Administrator Mike Whitaker gave Boeing 90 days to develop a comprehensive plan to address “systemic quality-control…
By Alexandra Ulmer (Reuters) – A major spending group backing Republican Donald Trump brought in nearly $70 million in donations last month and plans to spend $100 million in advertising over the summer across U.S. election battleground states, according to a memo sent to donors and seen by Reuters. The June 4 memo, written by…
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a pickup in surgical volumes at hospitals lifted demand for its medical devices. Investor expectations around the financial performance of medical devices makers have grown lately, owing to a resurgence in demand as people, especially older adults, opted…
By Ashitha Shivaprasad (Reuters) – Gold prices firmed on Friday, poised for their best week since April 5, following recent economic data that boosted bets of an interest rate cut from the Federal Reserve. Spot gold gained 0.2% at $2,350.87 per ounce by 0212 GMT after hitting a more than two-week high earlier. Prices have…
By Crispian Balmer and Giuseppe Fonte ROME (Reuters) – Italy’s government said on Tuesday fiscal incentives for home renovations had had a “devastating” impact on public finances over the last four years and were to blame for the expected rise in the country’s massive public debt through 2026. The take-up of the incentives had hit…
Older, more established altcoins are likely to be the focus of institutional interest and investment, Maen Ftouni told Cointelegraph.
By Nidal al-Mughrabi CAIRO (Reuters) – A senior Hamas official urged the United States on Monday to pressure Israel to end the war in Gaza, ahead of the planned visit on Monday by U.S. Secretary of State Antony Blinken to the region to push forward ceasefire efforts. Blinken is set to visit Egypt and Israel…
By Pete Schroeder and Nupur Anand WASHINGTON (Reuters) – The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve’s annual “stress test” exercise showed on Wednesday, but firms faced steeper hypothetical losses this year due to riskier portfolios. The exercise found 31 big banks would weather a…
