US jobless claims hold at 20-month high, existing home sales tick up in May
By Dan Burns (Reuters) – The number of people filing for state unemployment benefits for the first time held steady…
June 2023
U.S. court strikes down Florida transgender health rule
By Daniel Trotta (Reuters) – A U.S. judge on Wednesday struck down a Florida rule and a statute that banned…
Kesha settles producer Dr. Luke’s defamation lawsuit over rape accusation
By Brendan Pierson (Reuters) – Pop star Kesha on Thursday settled a lawsuit brought by her former producer Dr. Luke,…
US-based generative AI job postings up 20% in May- data
By Chavi Mehta (Reuters) – Generative AI-related job postings in the United States jumped about 20% last month as companies…
Three former Credit Suisse CEOs blamed for excessive risk-taking in bondholder suit
ZURICH (Reuters) -A group of Credit Suisse AT1 bondholders has filed a class action suit accusing former executives at the…
US lawmakers float possible farm bill extension amid delays
By Leah Douglas WASHINGTON (Reuters) – The U.S. Congress may need to pass a short-term extension of the country’s current…
Banxico keeps interest rate at 11.25%, will hold for ‘extended period’
By Brendan O’Boyle and Isabel Woodford MEXICO CITY (Reuters) -The Bank of Mexico maintained its benchmark interest at 11.25% on…
US to launch working group on generative AI, address its risks
WASHINGTON (Reuters) – A U.S. agency will launch a public working group on generative artificial intelligence (AI) to help address…
California, Other States Join FTC Bid To Block Amgen Deal
(Reuters) – The states of California, Minnesota and Wisconsin on Thursday joined a Federal Trade Commission lawsuit to stop Amgen’s…
Global watchdog seeks action on ‘too little, too late’ corporate goodwill writedown
By Huw Jones LONDON (Reuters) – Tougher accounting rules may be needed that force companies to write down goodwill faster…