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X removes posts by Musk chatbot Grok after antisemitism complaints
July 8 (Reuters) - Social media posts on the X account of the Grok chatbot developed by Elon Musk’s company xAI were removed on Tuesday after complaints from X users and the Anti-Defamation League that Grok produced content with antisemitic tropes and praise for Adolf Hitler.Issues of political bias...Reuters
Wed, Jul 9
Commodities
US Cash Grains-Corn basis bids mixed
CHICAGO, July 9 (Reuters) - Spot basis bids for corn were steady to mixed in a spot check of locations in the U.S. Midwest on Wednesday, as favorable growing weather continued in the region. The corn basis improved at an ethanol plant in Union City, Indiana, but ticked down at a processor in Cedar R...Reuters
Wed, Jul 9
Other
CORRECTED-Rubio says US imposing sanctions on UN expert over Israel efforts
July 9 (Reuters) - U.S. Secretary of State Marco Rubio on Wednesday said he is imposing sanctions on Francesca Albanese, the United Nations' special rapporteur on human rights in the occupied Palestinian territories, over her efforts to have the International Criminal Court take action against U...Reuters
Wed, Jul 9
Other
US Senate votes to confirm Republic CEO to head Federal Aviation Administration
July 9 (Reuters) - The U.S. Senate Wednesday voted 53 to 43 approve Republic Airways CEO Bryan Bedford to head the Federal Aviation Administration.Bedford, the head of the regional air carrier nominated by President Donald Trump and approved for a five-year-term, will oversee $12.5 billion in fundin...Reuters
Wed, Jul 9
Other
Olympics-Uber named official rideshare, delivery partner for Los Angeles Games
By Rory CarrollLOS ANGELES, July 9 (Reuters) - Uber UBER.N will serve as the official rideshare and on-demand delivery partner of the Los Angeles 2028 Olympic and Paralympic Games, as well as Team USA, organisers announced on Wednesday.The partnership will see Uber deploy its mobility platform to de...Reuters
Wed, Jul 9
Other
Hamas agrees to release 10 hostages as part of Gaza ceasefire talks, says negotiations are tough
CAIRO, July 9 (Reuters) - Hamas said on Wednesday it has agreed to release 10 hostages under ongoing efforts to reach a ceasefire in Gaza, saying ongoing talks for a truce were "tough" due to Israel's "intransigence."The Palestinian group said the ongoing ceasefire talks have sev...Reuters
Wed, Jul 9
Other
Exclusive: Liberty Company hires Newfront's Naranjo to co-lead new Bay Area office
By Isha MaratheJuly 9 - (The Insurer) - The Liberty Company Insurance Brokers has launched Liberty Naranjo, a Northern California, San Franciso Bay Area office led by managing partners and brothers Jonathan Naranjo and Michael Naranjo.Jonathan Naranjo most recently served as national real estate pr...Reuters
Wed, Jul 9
Other
Microsoft racks up over $500 million in AI savings while slashing jobs, Bloomberg News reports
July 9 (Reuters) - Microsoft MSFT.O saved more than $500 million in its call centers alone last year by using artificial intelligence, Bloomberg News reported on Wednesday. The tech giant last week announced plans to lay off nearly 4% of its workforce as it looks to rein in costs amid hefty investme...Reuters
Wed, Jul 9
Cryptocurrencies
Trump demands that the Fed reduce rates by at least 3 points
Today, President Donald Trump has once again criticized Federal Reserve Chairman Jerome Powell, saying that he had kept interest rates too high. According to POTUS, the Fed rate is at least 3 points high. Trump wrote on his Truth social website that, “Too Late” is costing the US $360 billion a point, per year, in […]Cryptopolitan
Wed, Jul 9
Other
VW halts exports of ID.Buzz bus to US, Handelsblatt says
July 9 (Reuters) - German automaker Volkswagen VOWG.DE has halted deliveries of its ID.Buzz electric minibus to the United States, the Handelsblatt newspaper reported on Wednesday, citing company sources. The exports were halted for now due to a technical recall and tariffs imposed by President Dona...Reuters
Wed, Jul 9
Forex
Forex Today: And… back to the US labour market
The Greenback managed to print marginal gains on Wednesday, enough to extend its ongoing recovery from last week’s multi-year lows on the back of persistent unease surrounding the White House’s trade policies and Trump’s threats of extra tariffs.
Fxstreet
Wed, Jul 9
Cryptocurrencies
Brad Garlinghouse has asked the lawmakers to prioritize the passage of market structure legislation for crypto
Ripple’s CEO, Brad Garlinghouse, has shown up today to testify before the US Senate. He has asked the lawmakers to prioritize the passage of market structure legislation for digital assets to ensure that the US becomes the crypto capital of the world. Garlinghouse has said that it is possible because the US possesses the world’s […]Cryptopolitan
Wed, Jul 9
