By David Shepardson WASHINGTON (Reuters) -The National Transportation Safety Board on Thursday urged federal and state officials to improve maintenance oversight for more than 10,000 U.S. bridges made of a specific type of steel, based on its review of a 2022 bridge collapse in Pittsburgh. The NTSB said officials should make sure any problems identified…
(Reuters) -Apple Inc has restricted the use of ChatGPT and other external artificial intelligence tools for its employees as Apple develops similar technology, the Wall Street Journal reported on Thursday, citing a document and sources. Apple is concerned about the leak of confidential data by employees who use the AI programs and has also advised…
(Reuters) – The electric grid operator for the U.S. Midwest on Thursday drew attention to the pressing need to reform power markets in the face of a shifting generation fleet and worsening extreme weather, even as it had enough capacity to meet demand in 2023-24. The reforms are needed “to maintain reliability and send the…
By David Brunnstrom, Michael Martina and David Lawder WASHINGTON (Reuters) -China’s commerce minister will visit the United States next week for meetings with the commerce secretary and Washington’s top trade official, the Chinese embassy spokesperson in Washington said on Thursday, as the U.S. seeks engagement with Beijing to salve damaged ties. Liu Pengyu made the…
By Harry Robertson LONDON (Reuters) – If investors agree on one thing this year, it’s that the dollar is going to fall. That’s made the greenback’s 2% bounce over the last month particularly confusing. U.S. inflation is cooling and the Federal Reserve may pause its interest rate hikes next month. So the dollar should be…
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed higher for a second straight day on Thursday on mounting optimism that a U.S. debt ceiling deal could be reached within days, with discount retailer Walmart Inc providing additional support after an upbeat annual sales forecast. The benchmark S&P 500 index rebounded from early declines…
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%. In a regulatory filing, the conglomerate controlled by billionaire Warren Buffett said it paid about $201 million for 3.46 million Occidental shares between May 16 and…
(Reuters) -Twitter Inc has alleged that Microsoft Corp violated an agreement over using the social media company’s data, according to a letter seen by Reuters on Thursday. Twitter owner Elon Musk’s lawyer leveled accusations of “unauthorized” usage of Twitter’s data by Microsoft, including sharing data with government agencies without permission in some cases. In the…
(Reuters) – Shares in Nvdia Corp, Advanced Micro Devices and Micron Technology on Thursday provided the biggest boosts to the chip sector, which outperformed the broader market as investors looked for ways to invest in artificial intelligence and in Japan. Shares in chip design software company Synopsys shares ended up 8.7% after it forecast better-than-expected…
By Mike Stone WASHINGTON (Reuters) – The U.S. Department of State said on Thursday it wants to update internal processes for the tens of billions worth of foreign military sales it oversees each year to speed up approvals “for an age of heightened strategic competition.” The move comes as the war in Ukraine has shown…
