By Ross Kerber (Reuters) -Top U.S. bank investors gave only slim support on Tuesday to shareholder resolutions calling for the lenders to wind down new fossil fuel financing, setbacks for climate activists who had hoped for new constraints on the oil and gas industries. The resolutions won only about 10% support of votes cast at…
By Doyinsola Oladipo NEW YORK (Reuters) -Major global brands like McDonald’s, General Motors and Nestle posted steady first-quarter results built on higher prices, demonstrating that shoppers across major economies are still spending despite slowed economic activity. Price increases for soda, appliances and other goods bolstered profits, but sales volumes declined for many bellwethers in Europe…
By Katie Paul, Krystal Hu, Stephen Nellis and Anna Tong (Reuters) – As the summer of 2022 came to a close, Meta CEO Mark Zuckerberg gathered his top lieutenants for a five-hour dissection of the company’s computing capacity, focused on its ability to do cutting-edge artificial intelligence work, according to a company memo dated Sept….
By Gram Slattery ARLINGTON, Virginia (Reuters) -Former South Carolina Governor Nikki Haley said on Tuesday she was personally against abortion rights but bore no ill will for those who felt differently, in a rare foray by a Republican White House hopeful into one of the more sensitive issues of the 2024 U.S. election campaign. In…
By Jack Queen and Luc Cohen NEW YORK (Reuters) -With Ed Sheeran on the witness stand in Manhattan federal court on Tuesday during a copyright trial, jurors were warned to keep their composure while watching a video of the British pop star performing a medley of his hit song “Thinking Out Loud” and the classic…
By Rami Amichay and Emily Rose BEERSHEBA, Israel (Reuters) -Tensions ran high as ceremonies commemorating slain Israeli soldiers and victims of attacks turned into protests on Tuesday, far from the decades-old tradition of Memorial Day unity. Despite calls from Prime Minister Benjamin Netanyahu and opposition leaders to put disagreements aside over plans by the far-right…
By Leah Douglas (Reuters) – Nearly one million Americans could find it harder to access federal food aid under a Republican proposal to expand the program’s work requirements, according to the Biden administration, which has promised to veto the plan if it passes Congress. The expanded work requirements for the Supplemental Nutrition Assistance Program (SNAP)…
By Foo Yun Chee BRUSSELS (Reuters) -Five Alphabet subsidiaries, two Meta Platforms units, two Microsoft businesses, Twitter and Alibaba’s AliExpress are among 19 companies subject to landmark EU online content rules, EU industry chief Thierry Breton said on Tuesday. The rules known as the Digital Services Act (DSA) require the companies to do risk management,…
By Zeba Siddiqui SAN FRANCISCO (Reuters) – The United States is sending more of its cyber forces abroad to help foreign governments fight hackers, a top U.S. military official said at the RSA cybersecurity conference in San Francisco. In the last three years, the U.S. military’s Cyber National Mission Force (CNMF) has conducted 47 such…
By Raghav Mahobe and Bhanvi Satija (Reuters) -The U.S. Food and Drug Administration said on Tuesday it had approved Biogen Inc’s drug for treating a form of amyotrophic lateral sclerosis (ALS), making it the first available treatment targeting a genetic cause of the disease. The drug, branded as Qalsody, got a green light under the…
