OpenAI lays out plan to shift to new for-profit structure
(Reuters) – OpenAI on Friday laid out a plan to revamp its corporate structure next year, saying it would create…
December 2024
US anti-missile THAAD system in Israel used to intercept projectile from Yemen
(Reuters) -An advanced U.S. military anti-missile system was used in Israel to try to intercept a projectile for the first…
Ark’s Cathie Wood calls for tax clarity as she rides ‘Trump bump’
By Suzanne McGee (Reuters) – U.S. tech investor Cathie Wood is calling on Donald Trump’s incoming administration to boost economic…
OpenAI outlines new for-profit structure in bid to stay ahead in costly AI race
By Aditya Soni, Arsheeya Bajwa, Krystal Hu (Reuters) -OpenAI on Friday outlined plans to revamp its structure, saying it would…
HomeStreet Bank offloads $990 million multifamily loans to BofA in profit push
(Reuters) -HomeStreet Bank is selling nearly $990 million of its multifamily commercial real estate loans to Bank of America, in…
FDA approves injectable version of Bristol Myers Squibb’s cancer drug Opdivo
By Sneha S K and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration said on Friday that it has…
Biden administration proposes new cybersecurity rules to limit impact of healthcare data leaks
By AJ Vicens (Reuters) – Healthcare organizations may be required to bolster their cybersecurity, to better prevent sensitive information from…
New York to fine fossil fuel companies $75 billion under new climate law
By Jonathan Allen NEW YORK (Reuters) – New York state will fine fossil fuel companies a total of $75 billion…
NBA-Christmas Day viewership jumps as league contends with NFL-Netflix appeal
NEW YORK (Reuters) – The NBA saw its most-watched Christmas Day lineup in five years, the league said on Thursday,…
Dow ends up to extend win run to five; rising yields pressure megacap stocks
By David French (Reuters) -The Dow Jones Industrial Average closed fractionally higher on Thursday, stretching its winning streak to five…