Reuters US Business

Amazon’s playbook for happy holidays: discounts, same-day delivery – and AI

By Arriana McLymore NEW YORK (Reuters) – Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from its more than 160 million Prime subscribers to improve ad targeting and allowing merchants to produce promotions quickly. Apart from fast shipping and the usual discounts for Black Friday and Cyber Monday, the company is …

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US shifting COVID antivirals to commercial market on Nov. 1

By Ahmed Aboulenein WASHINGTON (Reuters) – Most people will retain access to Pfizer’s Paxlovid and Merck’s Lagevrio COVID-19 oral antiviral treatments for little or no cost even after the U.S. government starts handing over their distribution to the commercial market next month, health officials said on Friday. The government has been overseeing distribution of the …

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Google CEO Sundar Pichai to testify Monday in US Google antitrust trial

WASHINGTON (Reuters) – Sundar Pichai, chief executive of Alphabet and its subsidiary Google, will testify on Monday in the once-in-a generation antitrust fight over Google’s dominance of search and some parts of search advertising. THE TAKE Pichai, who is being called as a witness for Google, will likely be asked about the company’s investments aimed …

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Ford again warns on EV results, withdraws 2023 forecast

By Paul Lienert and Nathan Gomes DETROIT (Reuters) -Ford Motor on Thursday withdrew its full-year results forecast due to “uncertainty” over the pending ratification of its deal with the United Auto Workers (UAW) union, and warned of continued pressure on electric vehicles, sending shares of the company down more than 4% after-hours. The union and …

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Striking Hollywood actors set Friday for next round of talks with studios

(Corrects to read Friday (not Saturday) in headline and Thursday (not Friday) in paragraph 1) (Reuters) – Striking Hollywood actors passed a comprehensive counter-offer to the Alliance of Motion Picture and Television Producers (AMPTP), the SAG-AFTRA actors’ union said on Thursday, in a post on social media platform X. Negotiators for the SAG-AFTRA actors’ union …

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BHP Australia iron ore rail workers approve industrial action plans -ballot results

SYDNEY (Reuters) – Nearly 350 BHP iron ore rail workers in Australia, including train drivers, have approved industrial action plans that could include work stoppages of up to 24 hours due to disputes over pay and conditions, voting results showed. The work stoppages could impact its operations at the world’s largest iron ore export hub …

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Sam Bankman-Fried testifies lawyers were involved in key FTX decisions

By Luc Cohen and Jody Godoy NEW YORK (Reuters) -FTX founder Sam Bankman-Fried testified on Thursday at his fraud trial outside the jury’s presence that lawyers at his now-bankrupt cryptocurrency exchange were involved in key decisions at the heart of the case, as he sought to distance himself from responsibility for any wrongdoing. Bankman-Fried, taking …

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