U.S. Senate leader schedules classified AI briefings
WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer said on Tuesday he has scheduled three briefings for senators on artificial…
Business
US hotel developers run out of cash as construction lending dries up
(Corrects number of total hotel projects that have broken ground or are in preconstruction phase in 2023 to 324 from…
Emirates looks at placing new order for long-haul jets
ISTANBUL (Reuters) -Emirates President Tim Clark said on Tuesday the airline may order more Airbus A350, Boeing 777X or 787…
CEO of Germany’s Merck: decoupling from China would be at huge economic cost
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -The CEO of German technology group Merck KGaA said that unravelling trade…
Linda Yaccarino: the advertising executive Musk picked as new Twitter CEO
(Reuters) -Linda Yaccarino began her role as Twitter’s new CEO on Monday, about a month after Elon Musk named her…
New York Fed says global supply chain pressures further abated in May
By Michael S. Derby NEW YORK (Reuters) – Supply chain pressures cooled again in May, New York Fed data showed,…
World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook
By David Lawder WASHINGTON (Reuters) -The World Bank on Tuesday raised its 2023 global growth outlook as the U.S., China…
UBS sees agreement on Credit Suisse loss guarantee by June 7 – SEC filing
ZURICH (Reuters) -UBS expects to finalize its agreement with the Swiss government to cover up to 9 billion Swiss francs…
Ford Motor names Whirlpool exec as new supply chain chief
(Reuters) – Ford Motor Co on Tuesday named Whirlpool Corp’s Liz Door its chief supply chain officer, at a time…
Corebridge drops as AIG looks to sell down stake
NEW YORK (Reuters) – Shares of retirement services provider Corebridge Financial fell more than 6% on Tuesday as parent American…