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Amazon Expects Generative AI Rollout To Reduce Total Corporate Workforce In Next Few Years
June 17 (Reuters) - Amazon.com Inc AMZN.O:AMAZON: IN NEXT FEW YEARS, WE EXPECT THAT ROLLOUT OF GENERATIVE AI & AGENTS WILL REDUCE OUR TOTAL CORPORATE WORKFORCE - BLOG
Reuters
Tue, Jun 17
Tennis-Sinner through in Halle to set up clash with former champion Bublik
June 17 (Reuters) - Top seed Jannik Sinner beat local hope Yannick Hanfmann 7-5 6-3 to move into the last 16 at the Halle Open on Tuesday as the world number one looks to defend the only grasscourt title he has won in his career.In his first match since the epic Roland Garros final where he lost to ...
Reuters
Tue, Jun 17
Tennis-Boulter leads British charge at Nottingham Open
June 17 (Reuters) - Defending champion Katie Boulter defeated New Zealand's Lulu Sun 6-2 6-2 at the Nottingham Open on Tuesday as four Britons advanced to the last 16.Joining eighth seed Boulter were Mingge Xu, Sonay Kartal, and Francesca Jones, though Boulter and Kartal are set to face each oth...
Reuters
Tue, Jun 17
Fed announces meeting to discuss easing bank leverage rules
By Pete Schroeder WASHINGTON, June 17 (Reuters) - The Federal Reserve will consider plans to ease leverage requirements on larger banks at a meeting later this month, kicking off what is expected to be a broad effort to reconsider bank rules.The U.S. central bank announced the board meeting, sche...
Reuters
Tue, Jun 17
Meta Says In Coming Months, All Videos On Facebook Will Be Shared As Reels
June 17 (Reuters) - Meta Platforms Inc META.O:META: IN COMING MONTHS, ALL VIDEOS ON FACEBOOK WILL BE SHARED AS REELS - WEBSITEMETA: REELS ON FACEBOOK WILL ALSO NOT HAVE ANY LENGTH OR FORMAT RESTRICTIONS
Reuters
Tue, Jun 17
Cadwalader partner leaves to join Roberta Kaplan's law firm
By Sara Merken June 17 (Reuters) - A litigation partner at Cadwalader, Wickersham & Taft who also chaired the law firm's pro bono committee has left for a smaller firm led by Roberta Kaplan, marking the latest departure from firms that struck deals with U.S. President Donald Trump to aver...
Reuters
Tue, Jun 17
Kongsberg Discovery Says Co To Acquire Sonatech In The United States
June 17 (Reuters) - Kongsberg Gruppen ASA KOG.OL:KONGSBERG DISCOVERY TO ACQUIRE SONATECH IN THE UNITED STATESKONGSBERG GRUPPEN - VALUE OF TRANSACTION IS UNDISCLOSED.
Reuters
Tue, Jun 17
WRAPUP 3-Airbus seals VietJet deal as hopes rise at air show for tariff rollback
US Transport Secretary says he wants zero-tariff civil aviationAirbus strikes deal for up to 150 single-aisle jets with VietJetPratt & Whitney: Number of awaiting engine repairs stabilising By Joe Brock, Tim Hepher, Giulia Segreti and Paul Sandle PARIS, June 17 (Reuters) - Airbus AIR.PA struc...
Reuters
Tue, Jun 17
Sports software maker Teamworks valued at over $1 billion in latest funding round
By Ateev Bhandari June 17 (Reuters) - Sports technology firm Teamworks said on Tuesday it was valued at over $1 billion after raising $235 million in a funding round led by Dragoneer Investment Group, as it looks to capitalize on the rise of analytics-driven strategies in sports.The trend towards...
Reuters
Tue, Jun 17
FCC says China Mobile could face US fines for failing to cooperate in probe
By David Shepardson WASHINGTON, June 17 (Reuters) - The Federal Communications Commission said on Tuesday it could fine China Mobile 600941.SS for failing to answer questions in the agency's probe to determine if its U.S. operations are seeking to evade American restrictions.The regulator pre...
Reuters
Tue, Jun 17
Exclusive: Liberty Mutual's Geary joins Tokio Marine HCC as North America CEO
By James ThalerJune 17 - (The Insurer) - Liberty Mutual’s president of insurance solutions Liz Geary is joining Tokio Marine HCC as its new North America P&C president and CEO, reporting to the insurer’s CEO Susan Rivera.A Tokio Marine HCC spokesperson confirmed Geary would take up her new role ...
Reuters
Tue, Jun 17
EXCLUSIVE-US moving fighter jets to Middle East as Israel-Iran war rages
By Phil Stewart and Idrees Ali WASHINGTON, June 17 (Reuters) - The U.S. military is deploying more fighter aircraft to the Middle East and extending the deployment of other warplanes, bolstering U.S. military forces in the region as the war between Israel and Iran rages, three U.S. officials said...
Reuters
Tue, Jun 17
Afrexim increasingly likely to take hit on loans, says JPMorgan
JPMorgan upgrades Afrexim bonds to overweight from underweightFitch tells investors Afrexim could face more downgrades, say sourcesStandoff centers on question whether Afrexim has preferred creditor statusBy Karin Strohecker, Libby George LONDON, June 17 (Reuters) - The chances of Afreximbank get...
Reuters
Tue, Jun 17
US FDA to shorten review time for drug developers under new voucher program
June 17 (Reuters) - The U.S. FDA is launching a program under which its commissioner can issue vouchers to companies he finds are aligned with national priorities to shorten their review time for a drug application to one to two months from the typical timeline of about 10-12 months.The regulator sa...
Reuters
Tue, Jun 17
Soccer-Porto transfer targets did not want to play in Club World Cup, says Villas-Boas
June 17 (Reuters) - Portuguese side Porto struggled to recruit players ahead of FIFA's expanded Club World Cup, with transfer targets turning down moves specifically to avoid the tournament's additional fixture burden, club president Andre Villas-Boas said.FIFA had given leagues the option t...
Reuters
Tue, Jun 17
Tennis-Grand Slam champions Osaka, Keys crash at first hurdle in Berlin
BERLIN, June 17 (Reuters) - Four-time Grand Slam winner Naomi Osaka tumbled out of the Berlin Open first round on Tuesday after Russia's Liudmila Samsonova battled from a set down to win 3-6 7-6(3) 6-4 on Tuesday.It was a disappointing start to the former world number one's grass season, wit...
Reuters
Tue, Jun 17
Airlines to bring stranded Israelis back home, no outward flights
By Steven Scheer June 17 (Reuters) - Israel's airlines said on Tuesday that they had received government permission to start flights to bring back people who had been stranded abroad during the conflict with Iran. Israel's airspace has been closed since Israel and Iran began trading attac...
Reuters
Tue, Jun 17
Waymo expands robotaxi services into more parts of San Francisco Bay Area
June 17 (Reuters) - Waymo will expand into more areas of the San Francisco peninsula and parts of Silicon Valley, as the sole commercial robotaxi operator in the U.S. seeks to scale up operations, the Alphabet GOOGL.O unit said on Tuesday.The self-driving technology firm had received approval from C...
Reuters
Tue, Jun 17
Trump says US won't kill Iran's supreme leader, 'at least not for now'
June 17 (Reuters) - President Donald Trump said on Tuesday the U.S. knew exactly where Iran's Supreme Leader, Ayatollah Ali Khamenei, was "hiding", that he was an easy target but would not be killed, at least for now."We know exactly where the so-called “Supreme Leader” is hiding. He...
Reuters
Tue, Jun 17
UFP Factory Built Acquires Twin Falls, Idaho Facility Of Robert Weed Corporation
June 17 (Reuters) - Ufp Industries Inc UFPI.O:UFP FACTORY BUILT: ACQUIRED TWIN FALLS, IDAHO FACILITY OF ROBERT WEED CORPORATION
Reuters
Tue, Jun 17
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