WASHINGTON (Reuters) – U.S. Homeland Security Secretary Alejandro Mayorkas said Friday that the agency would create a task force to figure out how to use artificial intelligence to do everything from protecting critical infrastructure to screening cargo to ferret out products made with slave labor. While artificial intelligence isn’t new, the sudden popularity of OpenAI’s…
By Hyunjoo Jin, Dan Levine and Abhirup Roy LOS ANGELES (Reuters) -A California state court jury on Friday handed Tesla Inc a sweeping win, finding that the car maker’s Autopilot feature did not fail to perform safely in what appears to be the first trial related to a crash involving the partially automated driving software….
By Arunima Kumar and Liz Hampton (Reuters) -Top oilfield firm SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies increased demand for its services and equipment. Global oil prices averaged $81.24 a barrel in the January-March quarter, down nearly 20% from a year earlier but still well…
By Ankit Kumar (Reuters) -Freeport-McMoRan Inc’s first-quarter profit more than halved as the copper miner struggled with an industry-wide talent crunch and warned that tight labor market conditions would persist in the U.S. through the year. Its shares fell 5.6% to $39 on Friday after the company also cautioned that protests in Peru remain an…
By Gram Slattery and James Oliphant WASHINGTON (Reuters) -Florida Governor Ron DeSantis, who is expected to run for the 2024 Republican presidential nomination, is set to begin a trip abroad on Saturday taking him through Japan, South Korea, Israel and the United Kingdom. While the trip is officially billed as a trade mission, the tour…
By Kylie Madry MEXICO CITY (Reuters) – MG Motor is launching a plug-in hybrid SUV in Mexico, the carmaker said on Thursday, as the market for hybrid and electric vehicles in the Latin American country heats up despite a lack of infrastructure and high costs for locals. The hybrid eHS model is set to hit…
(Reuters) – The cost of insuring exposure to United States sovereign debt rose to the highest level since 2011 on Friday, over market jitters that the government could hit its debt ceiling sooner-than-expected. Spreads on U.S. five-year credit default swaps widened to 51 basis points, data from S&P Global Market Intelligence showed. This is more…
WASHINGTON (Reuters) -South Korea’s Washington ambassador Cho Hyun-dong said on Friday he was sure North Korean human rights would be given significant attention in summit talks between South Korean President Yoon Suk Yeol and U.S. President Joe Biden next week. In a virtual address to the same event at Washington’s Center for Strategic and International…
PARIS (Reuters) – French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a police spokesperson said on Friday. The European Commission said on Tuesday that antitrust regulators had raided companies in the fashion sector in multiple EU countries, but did not…
(Reuters) -Lyft Inc CEO David Risher said on Friday the ride-hailing company will “significantly” cut jobs in another round of layoffs to reduce costs, sending its shares up about 4%. The company declined to provide details on the number of affected staff, but the Wall Street Journal reported earlier in the day the move could…
