CANNES (Reuters) – Actor Sean Penn said on Friday he supported striking Hollywood writers and called studios’ rejection of their demand to restrict the use of artificial intelligence in writing scripts a “human obscenity”. “There are a lot of new concepts that are being tossed about, you know, including the use of AI,” Penn said…
By Ernest Scheyder (Reuters) – The U.S. Forest Service has told a federal court it is not sure when it could approve a land swap allowing Rio Tinto Plc to develop the Resolution Copper mine in Arizona, a surprising reversal that boosts several Native American groups opposed to the project. The complex case involves a…
WASHINGTON (Reuters) – Amgen Inc has agreed not to quickly close on its $27.8 billion acquisition of Horizon Therapeutics after the U.S. Federal Trade Commission (FTC) filed suit to block the deal. A U.S. district court judge issued a temporary restraining order late on Wednesday after the two companies and the FTC reached an agreement…
By Nupur Anand NEW YORK (Reuters) -As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage for the bank’s investor day on Monday, he can expect plenty of questions about its purchase of failed First Republic Bank. Analysts will seek more details about the deal and JPMorgan’s plans to integrate the business…
By Isla Binnie NEW YORK (Reuters) – U.S.-based bankers and money managers whose job titles include “ESG” or “sustainability” earn on average around 20% higher base salaries than colleagues of the same seniority without those labels, according to analysis of salary data shared with Reuters. More than $30 trillion in capital has been committed to…
(Reuters) -The U.S. Food and Drug Administration (FDA) has cleared Thermo Fisher Scientific Inc’s test, the first of its kind in the country, to detect women with risk of severe preeclampsia, the company said on Friday. Preeclampsia is a leading cause of mortality in pregnant women globally, where they could experience high blood pressure after…
(This May 18 story has been corrected to say that the company will reduce its global workforce by 30%, not the U.S. workforce, in paragraph 1) (Reuters) – TuSimple Holdings Inc said on Thursday it will cut 30% of its global workforce under a restructuring as the autonomous driving technology company looks to preserve its balance…
By Tim McLaughlin WORCESTER, Massachusetts (Reuters) – Superiors of the U.S. Air National Guardsman accused of leaking military secrets offered him intelligence-related training even after they admonished him twice for his handling of classified information, according to a memo disclosed this week by U.S. Justice Department attorneys. Before his arrest in April on espionage charges, Jack…
KHARTOUM (Reuters) -Sudan’s capital Khartoum and sister city Bahri came under renewed air attack on Friday as the war between the army and paramilitary forces entered its fifth week, deepening a humanitarian crisis for trapped and displaced civilians. Mass looting by armed men and civilians alike is making life an even greater misery for Khartoum…
By Doina Chiacu and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told bank CEOs on Thursday that more mergers may be necessary after a series of bank failures, CNN reported on Friday, citing two people familiar with the matter. A Treasury spokesperson declined to comment on the meeting with CEOs of the largest…
