Reuters US Business

By Marianna Parraga HOUSTON (Reuters) -Gold Reserve on Wednesday filed a motion to disqualify a rival bid from an affiliate of hedge fund Elliott Investment Management that a Delaware court this month selected as frontrunner in an auction for Citgo Petroleum’s parent, a court document said. A court officer overseeing the auction of PDV Holding, …

Gold Reserve moves to have rival Elliott bid for Citgo parent disqualified, filing says Read More »

By Dawn Chmielewski (Reuters) – YouTube and Fox said on Wednesday they have reached a short-term agreement that will keep Fox News, Fox Sports and other Fox channels available to YouTube TV subscribers. The extension buys time for the parties to reach a new distribution agreement. Negotiations continue as the college football season prepares to …

YouTube reaches short-term extension with Fox to prevent disruption Read More »

(Reuters) -Anthropic said on Wednesday it had detected and blocked hackers attempting to misuse its Claude AI system to write phishing emails, create malicious code and circumvent safety filters. The company’s findings, published in a report, highlight growing concerns that AI tools are increasingly exploited in cybercrime, intensifying calls for tech firms and regulators to …

Anthropic thwarts hacker attempts to misuse Claude AI for cybercrime Read More »

By Jonathan Stempel NEW YORK (Reuters) -Peloton Interactive must face a lawsuit claiming it defrauded shareholders by masking excess inventory of its home exercise equipment as the worst of the COVID-19 pandemic passed, a divided federal appeals court ruled on Wednesday. Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in Manhattan …

Peloton must face shareholder lawsuit over post-pandemic outlook Read More »

By Nichola Groom (Reuters) -U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of former President Joe Biden’s climate and energy agendas. Here is a timeline of actions his administration has taken to unravel federal support for clean …

Factbox-A timeline of Trump’s moves to dismantle the US wind and solar energy industries Read More »

(Reuters) -Amazon.com will extend its corporate staff programs, including pay structure and benefits, to U.S. corporate employees at its Whole Foods chain of supermarkets, aiming to integrate its grocery businesses more closely. The e-commerce giant said on Wednesday it would fully align benefits for all corporate employees across grocery units by December 2026, and that …

Amazon to extend corporate pay structure, benefits to Whole Foods employees Read More »

SANTIAGO (Reuters) -Two recent accidents involving autonomous trucks are raising safety concerns, a workers’ union at BHP’s Escondida mine in Chile, the world’s largest copper mine, said in a statement on Wednesday. The union, which has often been critical of BHP and has staged strikes as part of contract negotiations, said that on August 25 …

Chile’s Escondida mine union warns of self-driving truck accidents Read More »

By Anton Bridge and Miho Uranaka TOKYO (Reuters) -Take-private deals in Japan are likely to hit a record high this year, exceeding the $40.3 billion total racked up in 2023, according to private equity funds and advisers, as companies bow to pressure to improve returns for investors. Japanese companies once feared private equity as “hagetaka”, …

From vultures to defenders, Japan private equity deals head for record year Read More »