By Amy-Jo Crowley, Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) – Blackstone is weighing options for Spanish gambling company Cirsa, including an initial public offering (IPO), people familiar with the matter told Reuters. The U.S. buyout group recently invited proposals from investment banks to manage a possible share sale and refinancing of Cirsa’s debt,…
MOMBASA, Kenya (Reuters) – A Kenyan court on Thursday released on bond a televangelist detained last week as part of an investigation into the deaths of dozens of people whom police say starved themselves to death on the instructions of a cult leader. Kenya’s interior minister accused Pastor Ezekiel Odero after his arrest last Thursday…
(Reuters) – Lockheed Martin is realigning its space business operations, transitioning from five lines of business to three to enhance speed and effectiveness, the defense contractor said on Thursday. The rejig comes as simmering geopolitical tensions fuel demand from both the United States and international customers. The three lines of business include Commercial Civil Space,…
(Reuters) – The death of a man who was placed in a chokehold by a fellow passenger on a New York City subway train earlier this week has been ruled a homicide by the city’s medical examiner as calls for an arrest in the incident have intensified. The deceased man, identified as 30-year-old Jordan Neely,…
By Nandita Bose and David Shepardson WASHINGTON (Reuters) -President Joe Biden attended a White House meeting with CEOs of top artificial intelligence companies, including Alphabet Inc’s Google and Microsoft, on Thursday to discuss risks and safeguards as the technology catches the attention of governments and lawmakers globally. Generative artificial intelligence has become a buzzword this…
WASHINGTON (Reuters) – U.S. Vice President Kamala Harris on Thursday told the chief executives of tech companies including Microsoft and Google they have a “legal responsibility” to ensure the safety of their artificial intelligence products. Harris and President Biden are open to advancing new regulations and supporting new legislation on artificial intelligence, she said. The…
By Patrick Wingrove and Leroy Leo (Reuters) – Moderna Inc on Thursday reported a small profit of 19 cents per share instead of an expected loss as it booked more revenue in the first quarter from last year’s deferred orders for its COVID-19 vaccine than had been anticipated.Analysts expected a loss of $1.77 per share,…
By Michelle Nichols UNITED NATIONS (Reuters) – The Afghan people are in for a “very difficult year ahead,” warned the top U.S. aid official, as donors grapple with challenging a Taliban administration crackdown on women and girls, more crises around the world and overall less funding. The Taliban seized power in August 2021 as U.S.-led…
(Reuters) – Tens of thousands of people are descending on Omaha, Nebraska to attend the annual shareholder weekend for billionaire investor Warren Buffett’s Berkshire Hathaway Inc. Buffett, 92, and Vice Chairman Charlie Munger, 99, are due to answer about five hours of shareholder questions at Berkshire’s annual meeting on Saturday. The meeting will be broadcast…
(Reuters) – PacWest Bancorp said late on Wednesday that it was in talks with potential partners and investors about strategic options after shares of the lender and several other U.S. regional banks tumbled amid fears of a worsening banking crisis. It has not experienced any unusual deposit outflows since the sale of First Republic Bank…
