By Ananya Mariam Rajesh (Reuters) -Shares of McDonald’s fell nearly 6% in premarket trading on Wednesday after an E. coli outbreak linked to the restaurant chain’s Quarter Pounder hamburgers resulted in the death of one person and sickened 49 people in the U.S. The outbreak was reported in 10 states and at least 10 people […]
(Reuters) – Apple has sharply scaled back its Vision Pro production since early summer and could stop making the existing version of the mixed reality headset by year-end, the Information reported on Wednesday, citing people involved in building its components. Sales for the device have been waning after initial enthusiasm following its launch in February, […]
By Guy Faulconbridge MOSCOW (Reuters) – The idea of the BRICS group ever challenging the U.S. dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters. Russian President Vladimir Putin is […]
By Jonathan Stempel (Reuters) – Warren Buffett will not endorse investment products or political candidates, according to a statement on conglomerate Berkshire Hathaway’s website, in an apparent effort to ward off people trying to capitalize on his reputation. “In light of the increased usage of social media, there have been numerous fraudulent claims regarding Mr. […]
(Reuters) – Walmart has agreed to pay $7.5 million to resolve civil charges that the largest U.S. retailer illegally disposed hazardous waste and medical waste from its facilities in California municipal landfills. The settlement was announced on Tuesday by California Attorney General Rob Bonta. He said the settlement followed more than 70 waste audits between […]
By Vladimir Soldatkin and Guy Faulconbridge KAZAN, Russia (Reuters) -India’s Narendra Modi told Russian President Vladimir Putin on the eve of the BRICS summit that he wanted peace in Ukraine and that New Delhi was ready to help achieve a truce to end Europe’s deadliest conflict since World War Two. Putin, who ordered tens of […]
By Stephen Nellis (Reuters) – Qualcomm on Tuesday said it was teaming up with Alphabet’s Google to offer a combination of chips and software that will let automakers develop their own AI voice assistants using technology from the two firms. Qualcomm’s chips have long powered mobile phones with Google’s Android operating system and the company […]
(Reuters) -Goldman Sachs is facing a fine in the tens of millions of dollars from the U.S. Consumer Financial Protection Bureau over its credit card business, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The consumer watchdog’s enforcement action is tied to an investigation into Goldman’s customer service operations with […]
By David Shepardson (Reuters) – The U.S. Commerce Department said Monday it plans to award $325 million to Hemlock Semiconductor to significantly expand production capacity of semiconductor-grade polysilicon as it seeks to shift the chips supply chain. The government grant from the $52.7 billion semiconductor manufacturing and research subsidy program would support construction of a […]
By Karen Freifeld (Reuters) – U.S. rules that will ban certain U.S. investments in artificial intelligence in China are under final review, according to a government posting, suggesting the restrictions are coming soon. The rules, which will also require U.S. investors to notify the Treasury Department about some investments in AI and other sensitive technologies, […]
