WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday signed an executive order related to AI to “make America the world capital in artificial intelligence,” his aide told reporters in the White House’s Oval Office. The order sets a 180-day deadline for an Artificial Intelligence Action Plan to create a policy “to sustain and enhance …
Trump orders AI action plan and more work erasing Biden’s AI efforts Read More »
(Refiles to add dropped word “low” in first paragraph. The story was earlier corrected to remove reference to “slowing demand, rising expenses” in headline and “persistent weakness” in paragraph 1. The error appeared in an earlier version of the story as well) (Reuters) -Cholula hot sauce maker McCormick forecast annual sales and profit below analysts’ …
Cholula maker McCormick forecasts tepid annual sales, profit Read More »
By Dietrich Knauth NEW YORK (Reuters) -Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging that the pain medication OxyContin caused a widespread opioid addiction crisis in the U.S., several state attorneys general said Thursday. The settlement was announced nearly seven months after the …
Purdue Pharma, Sacklers reach $7.4 billion national opioid settlement Read More »
By Nate Raymond (Reuters) -The U.S. Supreme Court on Thursday declined to block enforcement of an anti-money laundering law that forces millions of business entities to disclose the identities of their real beneficial owners to the Treasury Department, though it still will remain on hold and its fate could be decided by President Donald Trump. …
US Supreme Court removes hurdle to anti-money laundering law Read More »
By Sheila Dang and Valerie Volcovici HOUSTON/WASHINGTON (Reuters) – U.S. oil and gas companies are unlikely to expand development in Alaska and the Arctic following President Donald Trump’s executive order enabling them to do so, company officials and industry representatives told Reuters, noting a future president could easily reverse Trump’s move. U.S. oil production is …
Oil industry unlikely to rush to Alaska despite Trump’s call to drill Read More »
(Reuters) -UnitedHealth Group on Thursday named Tim Noel, the head of its Medicare business, to the top job at its health insurance business, a month after the unit’s former CEO Brian Thompson was killed. Noel will take charge at UnitedHealthcare, the largest U.S. health insurer that provides benefits to more than 50 million Americans, at …
UnitedHealth taps insider to replace slain executive as CEO of insurance unit Read More »
By David Lawder, Susan Heavey (Reuters) -U.S. President Donald Trump told global business leaders on Thursday they should manufacture products in the United States to avoid import tariffs and enjoy low tax rates. Trump, speaking by videoconference from Washington to the World Economic Forum in Davos, Switzerland, warned of new U.S. tariffs in “differing amounts” …
Trump to global firms: Manufacture in USA or face tariffs Read More »
(Reuters) – Generative artificial intelligence heavyweight OpenAI on Thursday previewed an AI agent that can carry out tasks on the web for users, as it seeks to enhance its chatbot amid intensifying competition. The tool, called Operator, is powered by a model that allows it to interact with on-screen buttons, menus and text fields. “This …
OpenAI unveils tool to automate web tasks as AI agents take center-stage Read More »
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar was modestly lower on Thursday in a choppy session, after comments from U.S. President Donald Trump called for lower interest rates while providing no clarity on tariffs, and investors awaited a round of policy announcements from global central banks. The dollar is down more than 1% on …
Dollar dips after Trump comments as markets eye tariffs, central banks Read More »
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve has scrubbed a “Diversity and Inclusion” section from its website, with previous links to a statement of the U.S. central bank’s diversity standards and data on the racial, ethnic and gender makeup of its economists and researchers now defaulting to its home page. The Fed would …
Fed axed diversity section from website around time of Trump’s executive order Read More »
