By Andrea Shalal PHILADELPHIA (Reuters) -U.S. Treasurer Brandon Beach visited the Philadelphia Mint on Wednesday to strike the final five circulating one-cent coins or pennies, ending 232 years of penny production in the United States. U.S. President Donald Trump in February ordered Treasury to halt what he called the “wasteful” minting of pennies, prompting gas …
US Treasurer strikes final pennies at Philadelphia Mint Read More »
By Krystal Hu (Reuters) -AI startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million to build web search infrastructure for artificial intelligence agents and fund deals with online content owners, Agrawal said in an interview. The Series A round, which values the company at $740 million, was co-led by …
Ex-Twitter CEO Agrawal’s AI search startup Parallel raises $100 million Read More »
WASHINGTON (Reuters) -President Donald Trump is committed to providing Americans a $2,000 check using money that has come into government coffers from Trump’s tariffs, the White House said on Wednesday. White House press secretary Karoline Leavitt told reporters that Trump’s staff is exploring how to go about making the plan a reality. (Reporting by Gram …
Trump is committed to a $2,000 dividend to Americans using tariff income-White House Read More »
By Jonathan Stempel NEW YORK (Reuters) -Amazon.com was sued on Wednesday in a proposed class action saying the retailer subjects thousands of warehouse employees with disabilities to a “punitive” policy governing workplace absences. Amazon, the largest private-sector U.S. employer behind Walmart, was accused of docking unpaid time off when it orders New York employees seeking …
Amazon sued over ‘punitive’ handling of employee absences Read More »
WASHINGTON (Reuters) -Southwest Airlines told employees Wednesday it is optimistic the Federal Aviation Administration will soon allow U.S. airlines to resume its full schedule. The FAA on Friday imposed 4% flight cuts at the 40 busiest U.S. airports, which is set to rise to 8% Thursday and 10% Friday unless the agency revises the order. …
Southwest optimistic FAA will allow full schedule within days after shutdown ends Read More »
By Jaspreet Singh (Reuters) -A staggering 97% of listeners cannot distinguish between artificial intelligence-generated and human-composed songs, a Deezer–Ipsos survey showed on Wednesday, underscoring growing concerns that AI could upend how music is created, consumed and monetized. The findings of the survey, for which Ipsos polled 9,000 participants across eight countries, including the U.S., Britain …
Are you listening to bots? Survey shows AI music is virtually undetectable Read More »
By Sheila Dang HOUSTON (Reuters) -Chevron said on Wednesday it expects that a prolific oilfield in Guyana could hold more than the current estimate of 11 billion barrels of oil equivalent in recoverable resources. “When you think about 11 billion barrels, big fields getting bigger, although we haven’t forecast it, I would expect upside,” Chevron …
Chevron says it expects upside to current estimated oil resource in Guyana Read More »
(Corrects details describing commercial restrictions on a Amazon ranch owned by Antonio Luceno Barros. Paragraph 21 inaccurately stated that Brazil’s environmental agency Ibama lifted restrictions due to the expiration of a statute of limitations, and that Barros still owed over $3 million in fines. The restrictions were in fact lifted after Barros submitted a plan …
How a Texas refinery turns Amazon-destroying cattle into ‘green’ jet fuel Read More »
By Jarrett Renshaw (Reuters) -U.S. President Donald Trump is expected to host a private dinner at the White House on Wednesday with several top business executives, including JPMorgan Chase Chief Executive Jamie Dimon, an administration official told Reuters. The gathering, which will also include the Nasdaq chief executive, underscores Trump’s effort to deepen ties with …
Trump to host JPMorgan’s Dimon, other Wall Street CEOs at White House dinner Read More »
(Reuters) -Cryptocurrency exchange Coinbase is departing Delaware and reincorporating itself in Texas, the company said in a regulatory filing on Wednesday, citing the new business hub’s growing attractiveness for innovative companies. Texas is establishing itself as the new darling of Corporate America by drawing companies with its favorable business environment, friendlier tax rules, lighter regulatory …
Crypto exchange Coinbase to reincorporate in Texas, exit Delaware Read More »
