An Anthropic researcher said he is resigning from the company over concerns the artificial intelligence firm and its competitors are not acting responsibly in AI development, echoing concerns raised inside and outside of the industry about the technology’s potential to elude human control. Jacob Cox
By Pooja Menon Sept 9 (Reuters) – Enbridge said on Wednesday it will acquire Blackstone-owned Tallgrass Energy’s crude oil business for $2.55 billion in cash, expanding its U.S. liquids pipeline network by buying a majority stake in the Pony Express Pipeline and other assets. The Canadian pipeline o
CUPERTINO, California (AP) — Apple on Wednesday unveiled its latest generation of iPhones, including a widely anticipated foldable version called Duo. The company’s new CEO, John Ternus, who took over from Tim Cook on Sept. 1, introduced the latest lineup at the Steve Jobs Theater. After cycling thr
WASHINGTON, Sept 9 (Reuters) – Prediction markets tracking this year’s U.S. congressional elections are “extremely vulnerable” to manipulation as their forecasts can shift on even comparatively small-dollar wagers, according to research published on Wednesday. The findings from the non-profit resear
By Shariq Khan NEW YORK, Sept 9 (Reuters) – The U.S. Energy Information Administration raised its oil price forecasts for this year and next year on Wednesday, as global stockpiles fall rapidly under pressure from the loss of Middle Eastern supply in the ongoing Iran war. Sharply higher oil and fuel
By Anshuman Tripathy Sept 9 (Reuters) – Marriott International’s Middle East hotel revenue declines narrowed significantly in July despite ongoing regional conflicts that continue to cause development project delays, chief executive Anthony Capuano said on Wednesday. Steady leisure and summer travel
Tech Roots Revealed in Israeli Historian’s Book, ‘The Network Effect’ Meir Valman traces the connections among prestate universities, military innovation, global experience, and life sciences that built Israel’s high-tech sector By Felice Friedson / The Media Line “Why does such a small country need
Microsoft Store Gradually Returns To Syria After Years of Restrictions By Rizik Alabi / The Media Line Staff [DAMASCUS] Users in Syria have begun regaining access to the Microsoft Store in recent days without the need for virtual private networks (VPNs), marking a new development after years of rest
By Allison Lampert Sept 9 (Reuters) – Howmet Aerospace’s CEO said on Wednesday he is fine with a $12 billion deal by GE Aerospace to acquire a castings giant, even as the company’s own growth to meet customers’ vast demand for jet engine parts is “testing us.” GE Aerospace announced plans on Tuesday
WASHINGTON, Sept 9 (Reuters) – U.S. federal housing regulator Bill Pulte said on Wednesday credit scoring company FICO was unduly keeping consumer costs high, adding that his agency was studying changes to the use of credit reports to reduce the cost of borrowing. The remarks on social media from Fe
Facebook is on trial in New Mexico over privacy concerns that emerged during the 2016 election when a political consulting firm bought user data harvested from millions of profiles to generate targeted ads. Opening statements will begin Wednesday in state court in Santa Fe, just weeks after 48 U.S.
By David Shepardson WASHINGTON, Sept 9 (Reuters) – Two Democratic senators on Wednesday urged Delta Air Lines CEO Ed Bastian to remain neutral in ongoing efforts by some airline flight attendants to unionize. In a letter seen by Reuters, Senators Elizabeth Warren and Ed Markey said flight attendants
By Dmitry Zhdannikov and Anushree Mukherjee LONDON, Sept 9 – Estimates of Middle Eastern crude flows have varied wildly since tankers began “dark crossings” of the Strait of Hormuz, meaning they sail without transponder signals to avoid Iranian attacks. The clandestine shipments have greatly boosted
Sept 9 (Reuters) – The Treasury Department said on Wednesday that it will buy up to $6 billion in 10- to 20-year Treasury bonds during its buyback operation on Thursday, triple the size of its last long-dated operation. The Treasury last month said it would at double the size of its buybacks on long
LONDON (AP) — British police said Wednesday that they have opened a criminal investigation into allegations that anti-immigration party Reform UK broke rules barring foreign donations. Last week, Channel 4 broadcast an undercover investigation in which two senior Reform UK officials appeared to disc
By Allison Lampert and David Shepardson MONTREAL/WASHINGTON, Sept 9 (Reuters) – Bombardier is continuing to recruit American workers to fill 500 open jobs in the U.S., the Canadian private jet maker told Reuters on Wednesday, even as it faces threats from President Donald Trump to ban its planes fro
By Vallari Srivastava and Pranav Mathur Sept 9 (Reuters) – U.S. oilfield services provider Baker Hughes raised its full-year forecasts on Wednesday, reflecting the benefits of its $13.6 billion acquisition of industrial equipment maker Chart Industries. Speaking at the Barclays Annual Energy confere
By Tony Munroe and Alex Lawler SINGAPORE/LONDON, Sept 9 (Reuters) – Oil prices topped $100 a barrel on Wednesday for the first time in six weeks as an escalation in fighting by U.S. and Iranian forces deepened concerns over supply from the region and raised fears of inflationary pressures and higher
(Refiles to correct typographical error in first paragraph) Sept 9 (Reuters) – The main U.S. stock indexes opened lower on Wednesday as oil prices surged past the market-sensitive $100-a-barrel level for the first time since July due to deepening tensions in the Middle East. The Dow Jones Industrial
Shopping for a used vehicle can be nerve-wracking even for seasoned veterans. Regardless of how well you know the mechanical workings of the modern automobile, buying a used car is always a gamble. If you’re one who likes to minimize risk, buying a certified preowned model can reduce some of the unc
By Patturaja Murugaboopathy Sept 9 (Reuters) – U.S. bond ETF investors are favouring short- and intermediate-maturity debt while demand for long-term funds remains subdued as a renewed global bonds selloff raises interest rate risks. Such positioning has come into sharper focus as rising oil prices
By Yoruk Bahceli LONDON, Sept 9 (Reuters) – Amazon was set to raise 4 billion pounds ($5.43 billion) from its first ever sterling bond sale on Wednesday that drew strong demand, according to a bank managing the deal, as hyperscalers rush to diversify their funding sources to finance the AI boom. The
By Niket Nishant and Tharuniyaa Lakshmi Sept 9 (Reuters) – The main U.S. stock indexes were on course to open lower on Wednesday, when oil prices surged past the market-sensitive $100-a-barrel mark for the first time since July due to deepening tensions in the Middle East. Traders have struggled to
Sept 9 (Reuters) – Barclays raised its year-end target for the benchmark S&P 500 index to 7,950 from 7,800 on Wednesday, following a standout earnings season led by technology companies. The revised target is about 3.6% higher than the index’s last close. The brokerage sees the benchmark reaching 8,
HAVANA (AP) — Sweltering nights. Water and power shortages. Dwindling fuel and crumbling homes. Limited public transportation and weak cellphone signals. The psychological toll of daily life in Cuba is pushing many to their breaking point on this island of nearly 10 million people, with no relief in
BUENOS AIRES, Argentina (AP) — At 18, Martín Taborda began studying law at Argentina’s prestigious University of Buenos Aires, hoping to become the first in his family to graduate. Just two years later, that dream has slipped out of reach. Unemployed and $1,300 in debt, he can no longer afford the b
By Manya Saini Sept 9 (Reuters) – Chime shares surged 10% before the bell on Wednesday after the fintech firm agreed to buy Stride for $590 million, gaining a bank charter that would allow it to expand its lending business. Over the past few years, Chime has emerged as a major challenger to traditio
Sept 9 (Reuters) – The rate on the most popular U.S. home loan rose last week to its highest in more than 14 months, as escalating hostilities in the Middle East drove up oil prices, fueling inflation concerns and pushing up U.S. Treasury yields that underpin residential borrowing costs. The average
By Saqib Iqbal Ahmed NEW YORK, Sept 9 (Reuters) – With two months until the U.S. midterm elections, the options market is showing a potentially toxic mix of fragility and fearlessness, with some analysts worried markets are ill-prepared to absorb any shock. Despite recent bond market volatility, sto
By Tim Hepher, Rajesh Kumar Singh and Allison Lampert PARIS/CHICAGO, Sept 9 (Reuters) – GE Aerospace has acted to contain shortages of precision jet engine parts while securing valuable technology by breaking into the inner circle of castings manufacturers with a $12 billion purchase of Consolidated
