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US regulators eye AI to protect consumers, workers
As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies...
Nvidia nears entry to $1-trillion club amid AI frenzy
Nvidia Corp. is within touching distance of $1 trillion market value — poised to become only the ninth firm ever...
Canada, Saudi Arabia restore diplomatic and trade ties
Canada and Saudi Arabia agreed to resume normal diplomatic relations, repairing ties that frayed nearly five years ago in a...
Tesla to choose location for new factory this year
Tesla Inc CEO Elon Musk said on Tuesday the automaker would probably pick a location for a new factory by...
US business activity unexpectedly hits 13-month high
US business activity grew in May by the most in over a year, powered by robust demand for services, while...
SoftBank explores plan to become private credit lender
SoftBank Group Corp. is working on plans to become a lender in the $1.5 trillion world of private credit. Senior...
Instagram preparing to launch Twitter competitor
Meta Platforms' Instagram is planning to release a text-based app that will compete with Twitter and may debut as soon...
Exxon says net zero global emissions by 2050 ‘highly unlikely’
Exxon Mobil Corp. said the prospect of the world reaching net zero carbon dioxide emissions by 2050 is “highly unlikely”...
Montana becomes first US state to ban TikTok; law likely to be challenged
Montana became the first state in the US to completely ban TikTok on Wednesday when the state’s Republican governor signed...
UBS says it was rushed into ‘unwanted’ Credit Suisse rescue merger
UBS Group AG was rushed into buying cross-town rival Credit Suisse Group AG in a deal it did not want,...
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