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News
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology’s development
12+ hour, 31+ min ago (446+ words) SINGAPORE, Sept 14 (Reuters) – AI-connected stocks fell sharply in early Asian trading on Monday after the CEOs of the companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity. Anthropic CEO Dario…...
Amazon pauses 21 Air operations after Miami crash, WSJ reports
15+ hour, 27+ min ago (98+ words) Sept 13 (Reuters) – Amazon is pausing operations with Miami-based 21 Air, the cargo carrier that operated the Amazon-branded plane that crashed in Miami, the Wall Street Journal reported Sunday. Amazon said it notified 21 Air leadership of the decision on Sunday, the report…...
Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz
18+ hour, 22+ min ago (416+ words) BEIJING, Sept 14 (Reuters) – Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline. Brent crude futures…...
Michael Dell’s DFO Management nears take-private deal for Baldwin Insurance Group, FT reports
17+ hour, 11+ min ago (156+ words) Sept 13 (Reuters) – Dell CEO Michael Dell’s DFO Management is nearing a take-private deal for insurance brokerage firm The Baldwin Insurance Group, the Financial Times reported on Sunday. DFO Management is in advanced talks with Baldwin over a deal which is…...
Anthropic tells investors it will be profitable for second straight quarter, FT reports
17+ hour, 47+ min ago (123+ words) The Mighty 790 KFGO Anthropic tells investors it will be profitable for second straight quarter, FT reports Sept 13 (Reuters) – Anthropic has told shareholders that its adjusted operating income will be positive for a second straight quarter, the Financial Times reported on…...
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
21+ hour, 28+ min ago (374+ words) By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) – No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at…...
Anthropic selects Nasdaq for IPO, Business Insider reports
1+ day, 12+ min ago (59+ words) The Mighty 790 KFGO Anthropic selects Nasdaq for IPO, Business Insider reports Sept 13 (Reuters) – U.S. tech startup Anthropic has selected Nasdaq for its potential initial public offering, Business Insider reported on Sunday, citing a person familiar with the company’s plans. (Reporting…...
S&P Dow Jones Indices loosens Canadian index inclusion criteria
1+ day, 37+ min ago (242+ words) TORONTO, Sept 13 (Reuters) – S&P Dow Jones Indices (S&P DJI) said on Friday it will change the eligibility criteria for S&P/TSX Canadian Indices, with the move potentially opening the door to the inclusion of major copper producer…...
GE HealthCare in talks over possible $1 billion deal for Sofie Biosciences, FT reports
1+ day, 5+ hour ago (160+ words) Sept 13 (Reuters) – GE HealthCare Technologies is in talks over a possible $1 billion deal to buy radiopharmaceutical developer Sofie Biosciences, the Financial Times reported on Sunday citing people familiar with the matter. • A deal for Sofie, which specializes in radioactive chemicals…...
AstraZeneca’s breast cancer pill fails in late-stage trial
3+ day, 8+ hour ago (301+ words) Sept 11 (Reuters) – AstraZeneca’s breast cancer pill failed to meet the main goal of improving progression-free survival in a late-stage trial, the company said on Friday, a week after the treatment received U.S. approval. U.S.-listed shares of AstraZeneca…...