Walgreens fights ‘staggering’ $642 million arbitration award to Humana
By Mike Scarcella (Reuters) – National retail pharmacy giant Walgreen Co has asked a U.S. judge to vacate an arbitrator’s…
Business
Regulators dust off rule books to tackle generative AI like ChatGPT
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) – As the race to develop more powerful artificial intelligence services like…
Kansas farmers abandon wheat fields after extreme drought
By Tom Polansek WICHITA, Kansas (Reuters) – Farmers in Kansas, the biggest U.S. producer of wheat used to make bread,…
Fed’s Daly offers no hint on prospect of June rate hike
By Michael S. Derby NEW YORK (Reuters) -San Francisco Federal Reserve President Mary Daly on Monday said it’s too soon…
Brazil’s Moreira Salles family launch bid for Alpargatas shares
SAO PAULO (Reuters) – An investment firm backed by Brazil’s Moreira Salles family has decided to launch a tender offer…
Ford seeks to reassure investors with EV, cost cut plans
By Joseph White, David Shepardson and Ernest Scheyder DEARBORN, Michigan (Reuters) – Ford Motor Co on Monday unveiled an ambitious…
California grid operator signs off on $7.3 billion of power lines
(Reuters) – California’s electric grid operator has approved a plan expected to cost $7.3 billion for 45 new power transmission…
Disney dismisses idea of building miniparks in US
(Reuters) – Walt Disney Co on Monday dismissed the idea of building miniparks in the United States, saying the media…
Fed’s Daly: Expects unemployment rise as price of controlling inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly on Monday said…
Inflation has eroded U.S. households’ financial security, Fed survey shows
(Reuters) -The inflation wave that crested at a 40-year high last year and remains elevated has eroded U.S. households’ sense…