G7 confronts China on commerce, pope talks about AI
By Andrea Shalal and John Irish BORGO EGNAZIA, Italy (Reuters) -Pope Francis made an historic appearance at the Group of Seven summit on Friday to
OpenAI CEO says company could become benefit corporation- The Information
(Reuters) -OpenAI CEO Sam Altman told some shareholders that the company is considering changing its governance structure to a for-profit business that OpenAI’s nonprofit board
Retail stocks search for direction as rates stay high
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies
Nasdaq manages 5th straight record high close; S&P 500 ends barely lower
By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq eked out a fifth straight record closing high on Friday following gains in Adobe and other technology-related
Explainer-What is the G7’s $50 billion loan plan for Ukraine?
BARI, Italy (Reuters) – The Group of Seven rich democracies have agreed to use proceeds from frozen Russian assets to give Ukraine $50 billion in
G7 leaders launch initiative for global food security
By Angelo Amante BARI, Italy (Reuters) – Group of Seven leaders have pledged to step up efforts against global malnutrition, according to a draft statement
Oil climbs on optimistic demand growth estimates for 2024
By Robert Harvey and Natalie Grover LONDON (Reuters) – Brent oil futures prices ticked higher on Friday and were on course for their best week
Target’s renewed private-label push fails to stem market share drop
By Siddharth Cavale NEW YORK (Reuters) – “Target is my backup option,” said Chloe Guss, a shopper at the retail chain for nearly 20 years
Investors bought U.S. growth stocks, dumped value this week
LONDON (Reuters) – Investors dumped U.S. value stocks and bought growth stocks in the week to Wednesday, according to BofA Global Research, a period marked
Wells Fargo fires more than dozen employees for allegedly faking work, Bloomberg News reports
(Reuters) – Wells Fargo last month terminated over a dozen employees after reviewing allegations that they were involved in simulation of keyboard activity, creating an