By Yoruk Bahceli AMSTERDAM (Reuters) – An overhaul of the private pensions system in the Netherlands – the biggest in the European Union – is leading asset managers there to rethink how they invest 1.5 trillion euros ($1.64 trillion) of retirement savings. Asset managers for top Dutch pension funds said the reform, which takes effect…
By Jack Queen and Mike Spector (Reuters) -A Texas grand jury on Thursday declined to press criminal charges against rapper Travis Scott and five others over a 2021 crowd crush at a music festival that left 10 dead and injured thousands, prosecutors said. Harris County District Attorney Kim Ogg said the grand jury was the…
By Diane Bartz WASHINGTON (Reuters) -The judge hearing the U.S. Federal Trade Commission’s fight against Microsoft’s planned purchase of “Call of Duty” maker Activision Blizzard on Thursday pressed government lawyers about the data behind their arguments and asked why there was so much fuss over “a shooter video game.” The Federal Trade Commission has asked…
MEXICO CITY (Reuters) -Storm Beatriz formed off Mexico’s Pacific coast on Thursday and will likely strengthen into a hurricane by Friday, prompting the government to issue warnings for popular beach resorts as it heads near shore, the National Hurricane Center (NHC) said. The storm is expected to “move very near or along the coast of…
By Sharon Bernstein (Reuters) -Here are reactions to the U.S. Supreme Court’s ruling on affirmative action on Thursday, on Twitter and elsewhere. U.S. PRESIDENT JOE BIDEN, DEMOCRAT: “Today’s court decision is a severe disappointment to so many people, including me. But we cannot let the decision be a permanent setback for the country. We need…
WASHINGTON (Reuters) – U.S. Senator Michael Bennet, a Democrat who is active in artificial-intelligence issues, wrote to leading tech firms on Thursday to urge them to label AI-generated content and limit the spread of material aimed at misleading users. In the letter to the chief executives of OpenAI, which released ChatGPT, and its partner Microsoft…
HOUSTON (Reuters) – Rapper Travis Scott will not face criminal charges in the deaths of 10 fans at a 2021 concert in Houston, according to local media reports on Thursday. A Texas grand jury meeting in Houston declined to prefer charges against Scott in the deaths of the 10 who were crushed in the crowd…
By Gabriella Borter WASHINGTON (Reuters) – In 1998, the year a voter-approved measure barring the use of race-conscious admissions policies for public colleges and universities in California took effect, the percentage of Black, Hispanic and Native American students admitted at two of the state’s elite public schools plummeted by more than 50%. Those figures for…
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday struck down race-conscious admissions programs at Harvard University and the University of North Carolina, effectively prohibiting affirmative action policies long used to raise the number of Black, Hispanic and other underrepresented minority students on American campuses. In a blockbuster decision that…
WASHINGTON (Reuters) -Donald Trump and other top U.S. Republican leaders hailed the Supreme Court’s rejection on Thursday of race-conscious student admissions programs at two universities, with the former president saying the ruling marked “a great day for America.” The court decision, strongly criticized by Democrats including President Joe Biden, effectively prohibits affirmative action policies long…
