By Saeed Azhar and Nupur Anand NEW YORK (Reuters) -Bank of America reported unrealized losses of $131.6 billion on securities in the third quarter, growing from the second quarter, but the bank does not expect the portfolio will generate actual losses in the long-term. Unrealized losses have come under closer scrutiny by investors since March….
By Alexandra Alper, Karen Freifeld and Stephen Nellis WASHINGTON (Reuters) -The Biden administration plans to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others, part of a raft of measures released on Tuesday that seek to stop Beijing from receiving cutting-edge U.S. technologies to strengthen its military. The rules,…
By Patricia Zengerle WASHINGTON (Reuters) – U.S. Senate leaders said on Tuesday they expect President Joe Biden to send them a request by the end of this week for billions of dollars in assistance for Israel, Ukraine and Taiwan and for security at the U.S. border. The size of the request was not known, but…
By Zeba Siddiqui SAN FRANCISCO (Reuters) – U.S. Senator Michael Bennet on Tuesday sought information on how tech giants Meta, X, TikTok and Google were trying to stop the spread of false and misleading content about the Israel-Hamas conflict on their platforms. “Deceptive content has ricocheted across social media sites since the conflict began, sometimes…
