OpenAI lays out plan to shift to new for-profit structure
(Reuters) – OpenAI on Friday laid out a plan to revamp its corporate structure next year, saying it would create…
Month: December 2024
Trump says Microsoft’s Bill Gates has asked to visit him in Florida
By Tim Reid WASHINGTON (Reuters) – Donald Trump said Microsoft co-founder Bill Gates has asked to visit him at the…
BYD contractor denies ‘slavery-like conditions’ claims by Brazilian authorities
SHANGHAI/BEIJING (Reuters) -Jinjiang Group, a contractor for Chinese electric vehicle maker BYD, said on Thursday Brazilian authorities’ portrayal of their…
Nippon Steel pushes deadline to close U.S. Steel deal as Biden decision looms
TOKYO (Reuters) – Japan’s Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase…
New York to fine fossil fuel companies $75 billion under new climate law
By Jonathan Allen NEW YORK (Reuters) – New York state will fine fossil fuel companies a total of $75 billion…
Dow ends up to extend win run to five; rising yields pressure megacap stocks
By David French (Reuters) -The Dow Jones Industrial Average closed fractionally higher on Thursday, stretching its winning streak to five…
Chile’s Codelco seeks permit for $800 million mine extension
SANTIAGO (Reuters) – Chilean miner Codelco has requested an environmental permit to extend the life of its Gabriela Mistral copper…
Ford donates $1 million and fleet of vehicles to Trump’s inauguration
By Nora Eckert and David Shepardson DETROIT (Reuters) – Ford Motor Co is donating $1 million and a fleet of…
US accuses Rocket Homes of ‘illegal kickbacks’ in mortgage scheme
(Reuters) – The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies,…
Explainer-What is the Panama Canal and why has Trump threatened to take it over?
By Sarah Morland (Reuters) – Latin American leaders on Monday rallied to Panama’s defense after U.S. President-elect Donald Trump threatened…