Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Automakers oppose US bid to force recall of 52 million air bag inflators
(Reuters) - Major automakers including General Motors, Toyota and Volkswagen said on Tuesday they oppose a bid by U.S. auto safety regulators to require the recall of 52 million air bag inflators prod...
Dec 19, 2023
Brazil’s Americanas wins creditor approval for restructuring plan
SAO PAULO (Reuters) - Creditors of Brazilian retailer Americanas approved a broad restructuring plan on Tuesday, which features a $2.5 billion capital injection by the trio of billionaires who founded...
Dec 19, 2023
Japan Nov exports fall 0.2% year/year – MOF
TOKYO (Reuters) - Japan's exports fell 0.2% in November from the same month a year ago, Ministry of Finance (MOF) data showed on Wednesday. That compares with a 1.5% rise expected by economists in a R...
Dec 19, 2023
Biden administration takes first step toward writing key AI standards
By David Shepardson WASHINGTON (Reuters) - The Biden administration said on Tuesday it was taking the first step toward writing key standards and guidance for the safe deployment of generative artific...
Dec 19, 2023
Rite Aid banned from using AI facial recognition
WASHINGTON (Reuters) - Bankrupt U.S. pharmacy chain Rite Aid will be prohibited from using facial recognition technology for surveillance purposes for five years to settle U.S. Federal Trade Commissio...
Dec 19, 2023
Starbucks says protestors against coffee chain ‘influenced by misrepresentation’
(Reuters) - Starbucks CEO Laxman Narasimhan said on Tuesday people protesting against the company over its stance on the Israel-Hamas war have been "influenced by misrepresentation on social media" of...
Dec 19, 2023
Union Pacific says closed rail bridges to Mexico account for about half of cross-border shipments
(Reuters) - Union Pacific Corp said on Tuesday that El Paso and Eagle Pass rail bridges, which were closed on Dec. 18 by U.S. border officials, account for about 45% of its cross-border shipments and ...
Dec 19, 2023
Inflation, not politics or markets, will determine Fed’s next move -Goolsbee
(Reuters) - Further progress on beating back inflation will be the decisive factor in any Federal Reserve decision next year to reduce interest rates, Chicago Federal Reserve Bank President Austan Goo...
Dec 19, 2023
Tesla skips employees’ yearly merit-based stock compensations – Bloomberg News
(Reuters) -Tesla is not offering its employees yearly merit-based stock awards, Bloomberg News reported on Tuesday. Tesla did not immediately respond to Reuters' request for comment. The news comes af...
Dec 19, 2023
US pharmacy chain Rite Aid agrees to bankruptcy mediation, gets loan approval
By Dietrich Knauth NEW YORK (Reuters) - Pharmacy chain Rite Aid received court approval on Tuesday for a bankruptcy loan that would let the company borrow an additional $200 million, while agreeing to...
Dec 19, 2023
