By Daniel Wiessner (Reuters) – A group of Democratic U.S. state attorneys general on Wednesday pushed back against claims by some of their Republican counterparts that many corporate workforce diversity programs amount to illegal discrimination. In a call with reporters, the attorneys general (AGs) of New York, Illinois, Nevada and four other states said 13…
By David Milliken LONDON (Reuters) – The Bank of England should speed up the pace at which it is unwinding its 800 billion-pound ($1 trillion) stockpile of government bonds bought as part of its quantitative easing operations, Deputy Governor Dave Ramsden said on Wednesday. Last September the BoE said it would reduce its gilt holdings…
By Marianna Parraga HOUSTON (Reuters) -The U.S. Treasury Department on Wednesday renewed a license that protects Venezuela-owned refiner Citgo Petroleum from creditors seeking to seize the company’s assets to recoup claims against the country’s state oil firm. The renewal would allow the supervisory board that oversees Citgo to continue efforts to reach settlements with nearly…
(Reuters) -The United States is trying to determine the fate of Private Travis T. King, a U.S. soldier who made an unauthorised crossing into North Korea on July 18, throwing Washington into a new crisis in its dealing with Pyongyang. WHO IS PRIVATE TRAVIS T. KING? Private Travis T. King, who joined the U.S. Army…
By Rachel Nostrant (Reuters) – A ban on gender-affirming healthcare for transgender children is due to take effect in Louisiana on Jan. 1, after the state legislature overrode Governor John Bel Edwards’ veto of the bill, according to state officials. The legislature, which acted late on Tuesday, becomes the latest Republican-led state to ban trans-focused…
(Reuters) -Apple is working on artificial intelligence (AI) offerings similar to OpenAI’s ChatGPT and Google’s Bard, Bloomberg News reported on Wednesday, sending its shares up as much as 2% to a record high. The iPhone maker has built its own framework, known as “Ajax”, to create large language models (LLMs) and is also testing a…
By Aditya Soni (Reuters) – Activision Blizzard and Microsoft on Wednesday extended the deadline for the close of their $69 billion deal by three months to Oct. 18 as the American companies work to secure UK approval for the biggest gaming deal in history. U.S. regulatory efforts to block the takeover and Britain’s push to…
By Thomas Mukoya, Monicah Mwangi NAIROBI (Reuters) -Several people were shot in Kenya, some possibly fatally, as security forces clashed with demonstrators across the country protesting high costs of living and tax hikes, a hospital official and local media said on Wednesday. Demonstrators hurled rocks at police and burned tyres in the streets, while the…
WASHINGTON (Reuters) – A group of 200 U.S. lawmakers on Wednesday said they have agreed not to intervene in the case workers at UPS go on strike. The world’s biggest package delivery firm and the International Brotherhood of Teamsters have until midnight on July 31 to reach a contract deal covering some 340,000 workers that…
By Luc Cohen NEW YORK (Reuters) – JPMorgan Chase will get to review some of Elon Musk’s emails as it pursues a lawsuit against Tesla over a bond contract dispute that arose after Musk tweeted he might take his electric car company private. In a Wednesday hearing in Manhattan federal court, U.S. Magistrate Judge Ona…
