Business

The U.S. dollar saw a modest decline but stayed close to its nearly two-week high, with investor attention turning to the forthcoming U.S. jobs report expected at the week’s end. At 18:40 EST (22:40 GMT), the was down 0.1% at 101.64. The was little changed at 1.1070. The report, set to be released on Friday, is anticipated to play a…

By Pavel Polityuk and Vladyslav Smilianets KYIV (Reuters) – Loud explosions rocked Ukraine’s capital Kyiv early on Monday as Russia launched a barrage of missiles, sparking fires and damaging homes and infrastructure, officials said. Residents across the city were awoken by a quick succession of bangs and the sound of air defence missiles blasting off skyward to intercept targets. The…

The social media platform X has made a change to its AI chatbot after five secretaries of state warned it was spreading election misinformation. Top election officials from Michigan, Minnesota, New Mexico, Pennsylvania and Washington sent a letter this month to Elon Musk complaining that the platform’s AI chatbot, Grok, produced false information about state ballot deadlines shortly after President Joe Biden dropped out of the…

Italian authorities are investigating the captain of the yacht Bayesian for his role in its sinking last week in Sicily, which led to the death of UK tech tycoon Mike Lynch and six others, according to one of the lawyers involved. James Cutfield, the New Zealand-citizen captain of the luxury vessel, is being investigated for manslaughter and for negligent shipwreck,…

For Palantir’s Democrat-supporting CEO, the fact that cofounder and Chairman Peter Thiel enthusiastically backed Donald Trump made things harder for the company. CEO Alex Karp cofounded Palantir Technologies, the data analytics firm known for its defense contracts and ties to the CIA, with Thiel and three others in 2003, and since then has helped grow it into a $72 billion…

Harley-Davidson Inc. dropped several diversity, equity and inclusion initiatives after weeks of sustained pressure from an anti-DEI crusader.  The Milwaukee-based company on Monday said that it no longer has minority-owned supplier spending goals, will drop socially-motivated training for employees and make other changes to back away from diversity programs. The motorcycle maker also hasn’t operated a corporate DEI function since April, it said in…

Around the time Tesla CEO Elon Musk was asking investors to reapprove his $56 billion pay package, the company also announced that it would launch its long-awaited autonomous vehicle rideshare service Robotaxi on August 8. That launch never happened.  Instead, Tesla ended up postponing its planned Robotaxi unveiling until October to build more prototypes. The vision for Robotaxis is current…

Bleeding and in pain, Kyleigh Thurman didn’t know her doomed pregnancy could kill her. Emergency room doctors at Ascension Seton Williamson in Texas handed her a pamphlet on miscarriage and told her to “let nature take its course” before discharging her without treatment for her ectopic pregnancy. When the 25-year-old returned three days later, still bleeding, doctors finally agreed to…

Electrify America, one of the leading charging companies in the U.S., is trying to encourage drivers to get what they need and get out, or else pay a fee. The idea is to increase turnover at busy stations, improving availability and reducing the odds that drivers will have to wait for someone else spending extra time to “top off” their…

Friday’s jobs report set the weekend off on the wrong foot, and now most of the global markets look like they’re shaking off an epic hangover this Monday.  Add global socio-political conflict in the Middle East and poor earnings among tech and consumer-facing companies to the mix and you have a fully boiling pot, as Paul Christopher, head of global…