By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney Co is scrapping plans to build a nearly $1 billion corporate campus in central Florida that would have housed 2,000 employees, according to an e-mail to employees on Thursday, against the backdrop of its ongoing legal battle with Florida Governor Ron DeSantis. Disney parks…
By David Shepardson WASHINGTON (Reuters) -The National Transportation Safety Board on Thursday urged federal and state officials to improve maintenance oversight for more than 10,000 U.S. bridges made of a specific type of steel, based on its review of a 2022 bridge collapse in Pittsburgh. The NTSB said officials should make sure any problems identified…
By Horacio Soria and Claudia Martini BUENOS AIRES (Reuters) – Argentine President Alberto Fernandez and protesters in Buenos Aires pushed back against the International Monetary Fund (IMF) on Thursday amid heightened tensions with the lender as the country faces nearly 109% inflation and dwindling dollar reserves. The South American grains producer, which has a strained…
(Reuters) -Apple Inc has restricted the use of ChatGPT and other external artificial intelligence tools for its employees as Apple develops similar technology, the Wall Street Journal reported on Thursday, citing a document and sources. Apple is concerned about the leak of confidential data by employees who use the AI programs and has also advised…
TOKYO (Reuters) – Japan’s core consumer prices rose 3.4% in April from a year earlier, government data showed on Friday. The increase in the core consumer price index (CPI), which excludes volatile fresh food but includes energy costs, matched a median market forecast and followed a 3.1% rise in March. (Reporting by Takahiko Wada and…
(Reuters) – The electric grid operator for the U.S. Midwest on Thursday drew attention to the pressing need to reform power markets in the face of a shifting generation fleet and worsening extreme weather, even as it had enough capacity to meet demand in 2023-24. The reforms are needed “to maintain reliability and send the…
By David Brunnstrom, Michael Martina and David Lawder WASHINGTON (Reuters) -China’s commerce minister will visit the United States next week for meetings with the commerce secretary and Washington’s top trade official, the Chinese embassy spokesperson in Washington said on Thursday, as the U.S. seeks engagement with Beijing to salve damaged ties. Liu Pengyu made the…
(Reuters) – Britain’s Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support for Ukraine, his government said in a statement. Britain is also targeting an additional 86 people and companies from Russian President Vladimir Putin’s military industrial complex, in…
By Harry Robertson LONDON (Reuters) – If investors agree on one thing this year, it’s that the dollar is going to fall. That’s made the greenback’s 2% bounce over the last month particularly confusing. U.S. inflation is cooling and the Federal Reserve may pause its interest rate hikes next month. So the dollar should be…
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed higher for a second straight day on Thursday on mounting optimism that a U.S. debt ceiling deal could be reached within days, with discount retailer Walmart Inc providing additional support after an upbeat annual sales forecast. The benchmark S&P 500 index rebounded from early declines…
