Category Archives:
Apollo Global pulls out of Yellow’s bankruptcy financing plan
(Reuters) - Apollo Global Management is selling off a $500 million term loan given to Yellow Corp and dropping plans to extend financing to fund the freight group's bankruptcy, the Financial Times rep...
Aug 15, 2023
Occidental Petroleum to buy Carbon Engineering for $1.1 billion
(Reuters) -U.S. oil and gas producer Occidental Petroleum said on Tuesday it would acquire carbon-capture technology provider Carbon Engineering for a total cash consideration of approximately $1.1 bi...
Aug 15, 2023
Norway wealth fund to firms: use AI, but do it responsibly
By Gwladys Fouche OSLO (Reuters) - Norway's $1.4 trillion wealth fund, the world's single largest stock market investor, is urging firms it invests in to engage with artificial intelligence as a way t...
Aug 15, 2023
Drugmaker Mallinckrodt considers second bankruptcy filing, other options
(Reuters) - Mallinckrodt said on Tuesday it was preparing to seek bankruptcy protection for the second time in three years, after struggling to make a required $200 million settlement payment to opioi...
Aug 15, 2023
Australian corporate regulator calls for better handling of insurance claims
(Reuters) - The Australian Securities and Investments Commission (ASIC) said on Wednesday it has asked the country's general insurers to improve their claims handling practices and resources after it ...
Aug 15, 2023
ONE boosts range of Aries EV battery, aims for 600 miles with Gemini
By Paul Lienert (Reuters) - Our Next Energy, the Michigan-based electric vehicle battery startup, said its new Aries II battery pack is capable of providing 350 miles (565 km)of range between charges ...
Aug 15, 2023
Moderate Democratic coalition creates AI working group
By Diane Bartz WASHINGTON (Reuters) - Moderate Democrats in the U.S. House of Representatives have formed a working group on artificial intelligence aimed at tackling the issue of what restrictions, i...
Aug 15, 2023
US Senator Feinstein sues over financial abuse in husband’s estate
By Kanishka Singh WASHINGTON (Reuters) - U.S. Democratic Senator Dianne Feinstein has filed a lawsuit alleging financial elder abuse and breach of trust by the trustees of her late husband's estate, w...
Aug 15, 2023
Georgia court acknowledges releasing Trump document on website
WASHINGTON (Reuters) -The Fulton County Georgia court clerk on Tuesday acknowledged that it had released on its website a document about Donald Trump being criminally charged, as Reuters reported on M...
Aug 15, 2023
OpenAI says AI tools can be effective in content moderation
(Reuters) - ChatGPT creator OpenAI made a strong case for the use of AI in content moderation, saying it can unlock efficiencies at social media firms by speeding up the time it takes to handle some o...
Aug 15, 2023
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