(Reuters) -The U.S. government has awarded Moderna $590 million to advance the development of its bird flu vaccine, as the country doubles down on efforts to tackle increasing infections in humans. This is in addition to $176 million awarded by the U.S. Department of Health and Human Services (HHS) last year to complete the late-stage …
US awards Moderna $590 million for bird flu vaccine development Read More »
WASHINGTON (Reuters) – United Airlines said on Friday it is donating $1 million to President-elect Donald Trump’s inaugural committee and said CEO Scott Kirby plans to attend various events over the long holiday weekend. Kirby will attend dinners on Saturday and Sunday but not the actual inauguration itself that was moved inside due to extreme …
United Airlines donates $1 million to Trump inaugural fund Read More »
By David Lawder and Ismail Shakil WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing “extraordinary measures” to keep from breaching the cap and risking a potential catastrophic default. Yellen, in a letter on Friday to congressional leaders just three days before …
US Treasury to launch measures to avoid debt limit breach on Tuesday Read More »
(Reuters) -Thoma Bravo-owned cybersecurity company SailPoint on Friday revealed a narrower nine-month loss in its paperwork for a U.S. initial public offering, helped by a rise in subscription revenue. Cybersecurity companies are seeing strong demand as businesses try to equip themselves against growing online threats and digital fraud. AT&T and UnitedHealth Group were among the …
Thoma Bravo-owned SailPoint reveals narrower loss in US IPO filing Read More »
By David Shepardson WASHINGTON (Reuters) -Democratic Senator Richard Blumenthal urged Delta Air Lines and DraftKings on Friday to halt a partnership to offer in-flight gaming to passengers. Blumenthal sent letters to the companies noting a 1962 law that outlaws gambling on commercial aircraft. “This partnership seems to be aimed at enticing the flying public … …
Democratic senator urges Delta Air, DraftKings to halt in-flight gaming partnership Read More »
(Reuters) – President-elect Donald Trump’s team wants the U.S. International Development Finance Corp (DFC) to function more like a sovereign wealth fund and be an effective tool for deploying economic power, Bloomberg News reported on Friday. Plans discussed for the federal agency include how it could use investments to boost U.S. influence in Panama and …
Trump team plans wealth-fund revamp for federal agency, Bloomberg News reports Read More »
(Reuters) – ChatGPT maker OpenAI has finalized a version of its new reasoning AI model o3 mini and would be launching it in a couple of weeks, CEO Sam Altman said on Friday. The Microsoft-backed company has considered user feedback and, consequently, plans to release the application programming interface (API) and ChatGPT simultaneously, Altman wrote …
OpenAI finalizes ‘o3 mini’ reasoning AI model version, to launch it soon Read More »
(Reuters) – A lawyer for TikTok content creators on Friday urged the White House and the Justice Department to clarify to Apple and Google that they can continue to offer the TikTok short-video app in app stores on Sunday when a legal ban is set to take effect. Jeffrey Fisher, who represented TikTok users in …
Lawyer urges White House, DOJ to clarify app stores may continue to offer TikTok Read More »
(Reuters) – Starbucks CEO Brian Niccol said on Friday the coffee giant will cut jobs to optimize its support teams as part of the company’s ongoing turnaround efforts. The details of the job cuts, to be announced by early March, will not affect the company’s in-store teams or the investments it makes in store hours, …
Starbucks to trim jobs as part of turnaround strategy, says CEO Read More »
(Reuters) – The Los Angeles Department of Water and Power’s (LADWP) potential liability for the recent Palisades Fire will depend on whether the utility’s power lines or assets were involved in sparking the wildfire, credit rating agency Moody’s said in a report on Friday. The cause of the deadly Palisades Fire, which has burned almost …
LA public utility’s wildfire liability hinges on equipment’s role, Moody’s says Read More »
