WASHINGTON (Reuters) – U.S. President Joe Biden’s national security adviser said on Friday there was no clear answer on how to return Evan Gershkovich, the Wall Street Journal reporter detained by Russia, to the United States. “I do not want to give false hope,” said the Biden aide, Jake Sullivan, in a briefing with reporters….
WASHINGTON (Reuters) – Wall Street’s top regulator is due to vote next week on proposed changes aimed at helping control systemic risk in the money market and large liquidity fund sectors, which together comprise trillions in investor dollars. The five-member U.S. Securities and Exchange Commission will vote on a 2021 proposal to boost the resiliency…
By Yuvraj Malik (Reuters) – Researchers at India’s AI4Bharat are raising $12 million from venture capital firms Peak XV and Lightspeed Venture for an artificial intelligence startup, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI’s ChatGPT dazzled users with its ability…
By David Shepardson WASHINGTON (Reuters) – The United States Postal Service (USPS) is hiking the price of first-class mail stamps to 66 cents from 63 cents effective Sunday. This is the latest in a series of price increases to help offset inflationary pressures and declining first-class mail volumes. USPS in January boosted stamp prices to…
LONDON (Reuters) – Weight-loss drug Wegovy helped Rebecca Vogt achieve a major goal – shedding the weight she had not managed to drop since giving birth. But, after a particularly brutal day in the bathroom suffering from vomiting and diarrhoea, she called it quits. “The nausea is just so awful with this medication,” said Vogt,…
By Daniel Wiessner (Reuters) -Employers cannot be held liable when workers contract COVID-19 on the job and spread it to their household members, California’s top court has ruled, siding with business groups that warned of a potential flood of litigation. The seven-member California Supreme Court on Thursday ruled unanimously that allowing so-called “take-home COVID” claims…
(Reuters) – Eisai Co Ltd and Biogen Inc’s Leqembi emerged as the first Alzheimer’s treatment to win the U.S. Food and Drug Administration’s standard approval on Thursday, a milestone in drug development for a disease that has seen multiple failures in the past. The following is a list of companies that are currently developing treatments…
By Marc Jones LONDON (Reuters) – The central bankers’ central bank, the Bank for International Settlements (BIS), has laid out a seven-point plan designed to help countries prevent cyber hacks on the new wave of digital national currencies under development. Around 130 countries are now exploring central bank digital currencies (CBDC) to keep up with…
By Chibuike Oguh NEW YORK (Reuters) -Shares of Rivian Automotive surged more than 18% on Friday as it continued to rally after the electric vehicle (EV) maker reported better-than-expected quarterly deliveries early this week. Rivian said on Monday it delivered 12,640 vehicles in the second quarter on steady demand from customers, beating market estimates. That…
PARIS (Reuters) – Two years after the world’s largest jetliner rolled out of its Toulouse factory for the last time, Airbus is preparing to bring some A380 superjumbos back to their birthplace for wing inspections even as it re-dedicates the plant to smaller jets. A380 production stopped in 2021 and part of the giant Jean-Luc…
