By Diane Bartz WASHINGTON (Reuters) – Moderate Democrats in the U.S. House of Representatives have formed a working group on artificial intelligence aimed at tackling the issue of what restrictions, if any, should be put on the technology. The New Democrat Coalition announced the formation of the group on Tuesday, saying it would work with…
By Kanishka Singh WASHINGTON (Reuters) – U.S. Democratic Senator Dianne Feinstein has filed a lawsuit alleging financial elder abuse and breach of trust by the trustees of her late husband’s estate, with the legal filing seeking their removal over the alleged wrongdoing. The lawsuit was filed on Aug. 8 in the California Superior Court in…
(Reuters) -More than 1 million people have fled Sudan to neighbouring states and people inside the country are running out of food and dying due to lack of healthcare after four months of war, the United Nations warned on Tuesday. Fighting between the Sudanese army and the paramilitary Rapid Support Forces (RSF) has devastated the…
By Hannah Lang WASHINGTON (Reuters) – The dollar index was flat after data showed U.S. retail sales increased more than expected in July, while the yuan sank to a nine-month trough on Tuesday after China’s central bank unexpectedly cut key policy rates. U.S. retail sales jumped 0.7% last month, the Commerce Department said, demonstrating that…
By Milana Vinn and Amy-Jo Crowley (Reuters) -Private equity firm Silver Lake is preparing to explore a sale of Global Blue Group Holdings Ltd, a company that enables retailers to offer tax-free shopping, after receiving expressions of interest from potential acquirers, people familiar with the matter said on Tuesday. The deliberations come as Global Blue…
MOSCOW (Reuters) – A Moscow court has banned UBS and its recently-acquired Swiss rival Credit Suisse from disposing of shares in their Russian subsidiaries, court documents showed, after a request from Zenit Bank which is concerned about losing out if they exit Russia. Zenit told the court in a statement that it believed the Russian…
By Humeyra Pamuk and Arshad Mohammed WASHINGTON (Reuters) -US Secretary of State Antony Blinken said on Tuesday he could not confirm a report that Iran slowed its pace of amassing near-weapons-grade enriched uranium but would welcome any Iranian steps to de-escalate its “growing nuclear threat.” Blinken also told reporters that Iran moving U.S. detainees into…
By Jody Godoy (Reuters) – A former FBI agent admitted to working for Russian oligarch Oleg Deripaska while he was under U.S. sanctions and pleaded guilty to one count of conspiracy in a New York court on Tuesday, in exchange for prosecutors dropping other charges. Prosecutors in January said Charles McGonigal, who led the FBI’s…
By Andrew Goudsward (Reuters) – A U.S. appeals court on Tuesday revived part of a lawsuit claiming that the District of Columbia enforced an anti-graffiti law against anti-abortion protesters in Washington but not racial justice demonstrators in 2020. The U.S. Court of Appeals for the D.C. Circuit, in a unanimous 3-0 decision, found that two…
By Nate Raymond (Reuters) – A judicial reform advocacy group on Tuesday filed a complaint accusing a Texas federal judge of engaging in misconduct by taking the “strange” step of requiring three attorneys for Southwest Airlines to attend “religious liberty training” by a prominent conservative Christian legal group. The head of the group Fix the…
