By Diane Bartz WASHINGTON (Reuters) -Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but false content. In a speech in Washington aimed at addressing the issue of how best to regulate AI, which went from wonky to widespread with the arrival of OpenAI’s ChatGPT, Smith…
MOSCOW (Reuters) – Russian President Vladimir Putin on Thursday said that despite difficulties, he felt Azerbaijan and Armenia were moving towards a settlement to their decades-old conflict over the territory of Nagorno-Karabakh. Putin made his remarks in a televised Kremlin meeting with leaders of both nations. Russia has traditionally been the main power broker between…
SAO PAULO (Reuters) – Brazilian financial technology firm PagSeguro Digital on Thursday posted a better-than-expected 6% increase in its first-quarter profit, which the company said was boosted by payment processing revenue. The New York listed-firm posted net profits of 370 million reais ($73.95 million), while analysts surveyed by Refinitv expected profits of 344 million reais….
(Reuters) -The U.S. Treasury on Thursday announced a slate of T-bill auctions for early next week that some market participants see as an indication that the debt ceiling’s so-called “X-date” may not in fact be June 1. Treasury’s Bureau of Fiscal Management said it would auction $119 billion of 3-month and 6-month bills on Tuesday,…
By Jonathan Stempel (Reuters) – JPMorgan Chase & Co on Thursday unveiled new accusations that the U.S. Virgin Islands was complicit in Jeffrey Epstein’s sex crimes, including that a former first lady for the territory sought student visas for some of the disgraced financier’s victims. The largest U.S. bank also singled out Governor Albert Bryan…
By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday put another dent in the regulatory reach of the Environmental Protection Agency, embracing a stringent new test for declaring wetlands protected under a landmark federal anti-pollution law in a ruling favoring an Idaho couple who challenged the agency. The 9-0 decision…
(Reuters) – AT&T Inc’s DirecTV on Thursday announced a multi-year deal to broadcast the Sunday Ticket package of National Football League (NFL) games for commercial locations including bars, restaurants and casinos in the United States. The satellite television provider, which had the rights to Sunday Ticket until the end of the 2022 season, said the…
MEXICO CITY (Reuters) – Two U.S. citizens died after contracting meningitis while getting treatment in a hospital in the northern Mexican border city of Matamoros, authorities said on Thursday, as they investigated some 400 suspected cases. “A contamination caused these deaths,” Mexican President Andres Manuel Lopez Obrador said in a regular press conference when asked…
By Karen Brettell (Reuters) – The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn’t act to lift the debt ceiling before it is reached, which could happen as soon as June 1. For holders of Treasury bills, notes and bonds, that raises uncertainty over whether the issues they hold…
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar strengthened for a fourth straight session on Thursday against a basket of major peers to touch a two-month high, as U.S. data pointed to a resilient economy even after an aggressive rate hike cycle by the Federal Reserve. Weekly initial jobless claims rose by 4,000 last…
