(Reuters) – ** Shares of Apple Inc climbs 2.1% with the iPhone maker on track to close with a market cap of $3.33 trln, more than any company in history, with Microsoft and Nvidia both close behind ** AAPL now up ~10% since June 7, just before the co unveiled a long-awaited AI strategy, integrating…
(Reuters) – U.S. machinery maker Caterpillar’s former Russian assets have been transferred to a company owned by Armenian investment fund Balchug Capital, Russian company filings showed. Caterpillar Inc suspended operations in its manufacturing facilities in Russia in 2022, joining a number of foreign companies that halted business in the country after Moscow’s February 2022 invasion…
By Brendan Pierson (Reuters) – The U.S. state of Kansas on Monday sued Pfizer, accusing the company of misleading the public about its COVID-19 vaccine by hiding risks while making false claims about its effectiveness. In a lawsuit filed in the District Court of Thomas County, the state said the New York-based drugmaker’s alleged false…
By Mohammed Ghobari, Adam Makary and Jaidaa Taha ADEN (Reuters) – U.S. and British forces have carried out at least six airstrikes on Yemen’s Hodeidah International Airport and four strikes on Kamaran Island near the port of Salif off the Red Sea, Al-Masirah TV, the main television news outlet run by Yemen’s Houthi movement, said…
By David Shepardson and Andrea Shalal WASHINGTON (Reuters) – The first U.S. presidential debate between incumbent Joe Biden and Republican rival Donald Trump on June 27 will include two commercial breaks, no props and muted microphones except when recognized to speak, CNN said Saturday. In May, the candidates agreed to face off in two debates…
WASHINGTON (Reuters) – Republican Senator Chuck Grassley said Friday he is launching a new congressional oversight inquiry into the Federal Aviation Administration and Boeing after a January mid-air emergency involving a 737 MAX 9. The probe is the latest in a series of investigations by lawmakers since the incident. Grassley, who first probed Boeing safety…
By James Mackenzie JERUSALEM (Reuters) -Israeli Prime Minister Benjamin Netanyahu criticized plans announced by the military on Sunday to hold daily tactical pauses in fighting along one of the main roads into Gaza to facilitate aid delivery into the Palestinian enclave. The military had announced the daily pauses from 0500 GMT until 1600 GMT in…
By Ann Saphir (Reuters) -Minneapolis Federal Reserve President Neel Kashkari on Sunday said it’s a “reasonable prediction” that the U.S. central bank will cut interest rates once this year, waiting until December to do it. “We need to see more evidence to convince us that inflation is well on our way back down to 2%,”…
BORGO EGNAZIA, Italy (Reuters) – Pope Francis became the first pontiff to address a Group of Seven summit on Friday, warning world leaders that Artificial Intelligence must never be allowed to get the upper hand over humanity. An array of global chiefs warmly embraced the 87-year-old pope as he made his way around their huge…
By Max Hunder KYIV (Reuters) – Ukraine dismissed ceasefire conditions announced by Russian President Vladimir Putin on Friday as “absurd”, saying he was trying to mislead world powers and undermine genuine peace efforts. Putin said in a speech Russia would end the war in Ukraine only if Kyiv agreed to drop its NATO ambitions and…
