By David Shepardson WASHINGTON (Reuters) -Personnel from Elon Musk’s government downsizing team DOGE will make additional visits to Federal Aviation Administration facilities as they assist in efforts to modernize U.S. national airspace, the acting head of the agency said on Wednesday. Acting FAA Administrator Chris Rocheleau said the DOGE team — which visited the Air…
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -President Donald Trump’s initial policy proposals raised concern at the Federal Reserve about higher inflation, with firms telling the U.S. central bank they generally expected to raise prices to pass through the cost of import tariffs, policymakers said at a meeting held about a week after Trump’s…
(Reuters) – Amazon said it would stop support for its unified communications service, Chime, next year and will not accept new customers beginning Wednesday. Amazon employees have long used Chime, which lets users meet, chat and place business calls inside and outside the organization, as a preferred service for video calls. “After careful consideration, we…
By Sara Merken (Reuters) – U.S. personal injury law firm Morgan & Morgan sent an urgent email this month to its more than 1,000 lawyers: Artificial intelligence can invent fake case law, and using made-up information in a court filing could get you fired. A federal judge in Wyoming had just threatened to sanction two…
(Reuters) – Thinking Machines Lab, an AI startup founded by former OpenAI chief technology officer Mira Murati, has tapped about 30 leading researchers and engineers from competitors such as OpenAI, Meta and Mistral, it said in a blog post on Tuesday. The startup said it would also focus on making artificial intelligence systems and products…
By Nora Eckert DETROIT (Reuters) – About half the middle managers at Ford Motor will not get stock bonuses this year in what is seen internally as CEO Jim Farley’s latest attempt to cut the automaker’s bloated costs, according to six people familiar with the matter. The stock awards are usually paid in March, but senior…
By Pete Schroeder, Nathan Layne and Joey Roulette WASHINGTON – President Donald Trump’s administration targeted bank regulators, rocket scientists and tax enforcers on Tuesday as it sought to fire thousands more federal employees in an unprecedented assault on the U.S. civil service. With tax-filing season underway, senior officials at the Internal Revenue Service identified 7,500…
By Steven Scheer TEL AVIV (Reuters) – Israel’s economy posted scant growth in 2024, with the war in Gaza against Palestinian Islamist group Hamas taking a toll on investment and exports, but growth is expected to bounce back this year following ceasefire deals. Gross Domestic Product grew 1% last year to $565 billion, sustained mainly…
MOSCOW (Reuters) – OPEC+ producers are not considering delaying a series of monthly oil supply increases that is scheduled to begin in April, Russian Deputy Prime Minister Alexander Novak said on Monday, Russia’s RIA state news agency reported. Bloomberg News reported on Monday, citing delegates, that OPEC+, which groups the Organization of the Petroleum Exporting…
By Marc Jones LONDON (Reuters) – Donald Trump has so far sent comparatively fewer market-moving social media posts since being re-elected than during his first term in power, a study by U.S. investment bank JPMorgan has estimated. The bank’s analysts found that only 10% of the 126 posts Trump had published this time around on…
