Massachusetts regulators launch probe into AI in securities industry
By Nate Raymond and Chris Prentice BOSTON (Reuters) -Massachusetts securities regulators have opened an investigation into the ways in which…
August 2023
China’s central bank to guide more financial resources to support private sector
BEIJING (Reuters) – China’s central bank governor pledged on Thursday to guide more financial resources towards the private economy, suggesting…
Niger coup leaders blamed insecurity; conflict data paints a different picture
By Edward McAllister DAKAR (Reuters) -When Niger’s coup leader Abdourahmane Tiani announced the overthrow of President Mohamed Bazoum on television…
Tesla faces California class action on its EV range claims
(Reuters) – Three Tesla owners in California on Wednesday sued the automaker in a proposed class action that accuses the…
Kellogg boosts annual profit outlook on higher prices
By Aatrayee Chatterjee and Mehr Bedi (Reuters) -Kellogg Co on Thursday forecast a smaller drop in annual profit than it…
US factory orders jump in June on transportation equipment demand
WASHINGTON (Reuters) – New orders for U.S.-made goods surged in June, boosted by strong demand for transportation equipment and other…
Refiners HF Sinclair, PBF profits tumble as lower fuel prices hit margins
By Arunima Kumar (Reuters) -HF Sinclair and PBF Energy on Thursday joined bigger refiners in reporting a fall in second-quarter…
South Korea to send more medics to global scout event for heatwave
By Soo-hyang Choi and Hyunsu Yim SEOUL (Reuters) -South Korea is sending dozens of military doctors and nurses to help…
Hasbro to sell film and TV unit, cuts forecast on Hollywood strike hit
By Savyata Mishra (Reuters) -Hasbro lowered its annual revenue forecast as it expects a hit from the ongoing strike by…
US services sector slows in July while prices pick up, ISM survey shows
WASHINGTON (Reuters) – The U.S. services sector slowed in July, but businesses faced higher prices for inputs as demand continued…