BlackBerry to review strategic options for its business
(Reuters) -BlackBerry will conduct a review of strategic alternatives, which includes the possible separation of one or more of its…
Business
White House considers two key nominations at the Fed -NYT
(Reuters) -U.S. President Joe Biden is likely to nominate current Federal Reserve Governor Philip Jefferson to be the central bank’s…
IBM to pause hiring in plan to replace 7,800 jobs with AI – Bloomberg News
(Reuters) -International Business Machines Corp expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial…
US Treasury to allow auction of shares in Citgo Petroleum’s parent
HOUSTON (Reuters) -The U.S. will not block a court auction of shares in oil refiner Citgo Petroleum Corp’s parent, Justice…
US government may delay decision on electric vehicles biofuel program
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) -The U.S. government could delay a decision on giving electric vehicle…
US Senate Republican urges Biden, McCarthy to meet on debt ceiling: ‘Time is a-wastin’
WASHINGTON (Reuters) – No. 2 U.S. Senate Republican John Thune on Monday said the news that the federal government could…
MGM Resorts beats Wall Street estimates for first-quarter revenue
By Doyinsola Oladipo NEW YORK (Reuters) -MGM Resorts International on Monday beat Wall Street estimates for first-quarter revenue due to…
Factbox: U.S. debt ceiling: A ‘clean’ increase is not the rule
(Reuters) – The U.S. federal government is ticking closer to its “x-date,” when it will no longer be able to…
Behind EU lawmakers’ challenge to rein in ChatGPT and generative AI
(This April 28 story has been refiled to remove repeated word in paragraph 1) By Martin Coulter and Supantha Mukherjee…
Amid concerns about TikTok, Commerce details effort to secure U.S. data
By David Shepardson and Alexandra Alper WASHINGTON (Reuters) – The Biden administration outlined efforts this week to address growing U.S….