By James Pearson LONDON (Reuters) -Internal data from Boeing, one of the world’s largest defence and space contractors, was published online on Friday by Lockbit, a cybercrime gang which extorts its victims by stealing and releasing data unless a ransom is paid. The hackers in October said they had obtained “a tremendous amount” of sensitive data…
(This Nov. 9 story has been corrected to say Avery Klemmer is an investor, not a partner, in paragraph 7) By Krystal Hu (Reuters) – OpenAI’s announcement on artificial intelligence “apps” do not spell the death knell for nascent startups building AI products, two OpenAI investors said at a Reuters NEXT conference on Thursday. Investors…
By Brijesh Patel and Ashitha Shivaprasad (Reuters) – Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat triggered by expectations of surpluses due to the rapid spread of electric vehicles and automakers choosing cheaper platinum for their autocatalysts. Prices of the metal, used by automakers in engine exhausts…
By Suzanne McGee (Reuters) -Asset management giant BlackRock registered to create an ethereum trust, a potential first step toward asking regulators to approve an exchange-traded fund tied to ether, the second-largest digital token. BlackRock registered the iShares Ethereum Trust as a Delaware statutory trust on Thursday. Nasdaq also filed a proposal on Thursday to list…
By Ann Saphir (Reuters) -Richmond Federal Reserve Bank President Thomas Barkin on Thursday said that while there’s been “real progress” on inflation, he is still unsure if the U.S. central bank will need to push its policy rate higher to finish the job. “I do anticipate some sort of a slowdown, as I just have…
By Foo Yun Chee and Bart H. Meijer LUXEMBOURG (Reuters) -An EU tribunal made legal errors when it ruled in favour of Apple over a 13-billion-euro ($14 billion) tax order and should review the case again, an adviser to Europe’s top court said on Thursday, in a potential setback for the iPhone maker. The tax…
By Maggie Fick and Ludwig Burger LONDON (Reuters) -Eli Lilly on Thursday said it has not yet gained approval in Britain for the injection pen it plans to use for its Mounjaro drug against obesity and diabetes, adding to uncertainty over timing of the product’s launch. The drug itself was cleared for weight loss by…
(Reuters) -Domino’s Pizza Group on Thursday reported a fall in meal deliveries in the third quarter as customers cut back on ordering in as they grapple with higher living costs. Dominos Pizza Group, which owns, operates and franchises Domino’s stores in Britain and Ireland, said its like-for-like system sales were up 3.7% in the third…
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney exceeded Wall Street’s earnings expectations on Wednesday as higher attendance at its Shanghai and Hong Kong theme parks offset a decline in advertising revenue at television network ABC. Shares of the entertainment company rose 3% in after-hours trading to $87.14, signaling investor confidence in…
By David Shepardson WASHINGTON (Reuters) – The U.S. Senate voted 50-48 to overturn President Joe Biden’s decision to waive some “Buy America” requirements for government-funded electric vehicle charging stations but the White House said he would veto the measure. The White House argued the Republican bill would eliminate entirely the domestic manufacturing requirement for government-funded…
