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…
By Jonathan Stempel NEW YORK (Reuters) -A federal judge on Thursday rejected Donald Trump’s bid to dismiss the first of writer E. Jean Carroll’s two lawsuits accusing the former U.S. president of defamation for denying he raped her in the mid-1990s. U.S. District Judge Lewis Kaplan in Manhattan found no merit in Trump’s arguments that…
By Steve Holland and Nathan Layne WASHINGTON (Reuters) – Former U.S. President Donald Trump, a longtime admirer of Russian President Vladimir Putin, said on Thursday Putin has been “somewhat weakened” by an aborted mutiny and that now is the time for the United States to try to broker a negotiated peace settlement between Russia and…
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…
(Reuters) – Former U.S. President Donald Trump said he might not participate in the Republican Party’s first 2024 election primary debate in August and may hold an alternative event, citing his lead in opinion polls and what he claims is the hosting network’s bias against him. In a telephone interview with Reuters, Trump said “possibly…
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – The Dow and the S&P 500 advanced on Thursday as bank shares rallied after major lenders cleared the Federal Reserve’s annual stress test, while strong economic data stoked expectations of further interest rate hikes from the central bank. Stronger than expected economic data pushed…
By Arshad Mohammed and Humeyra Pamuk (Reuters) -U.S. Special Envoy for Iran Robert Malley said on Thursday his security clearance is under review, saying that he expects the investigation to end “favorably and soon” and in the meantime he was on leave. “I have been informed that my security clearance is under review. I have…
(Reuters) – Circor International said on Thursday that KKR & Co had raised its offer for the industrial machinery maker by $5 to $56 per share in cash, as the investment firm looks to fend off a rival bid from Arcline Investment Management. The new offer includes a ticking fee of $1 per share if…
By Manya Saini and Chibuike Oguh (Reuters) – U.S. bank stocks rose on Thursday after the Federal Reserve’s annual health checks showed lenders could weather an economic slump, easing investor fears after Silicon Valley Bank and two other lenders failed this year. But analysts remained skeptical the strong performance would lead to bigger dividends and…
By Karen Freifeld (Reuters) -The United States and the Netherlands are set to deliver a one-two punch to China’s chipmakers this summer by further restricting sales of chipmaking equipment, part of the countries’ ongoing effort to prevent their technology from being used to strengthen China’s military. While the Dutch are planning to curb certain equipment…
