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By Dan Catchpole SEATTLE, Aug 14 (Reuters) – Boeing’s announcement this week that it is selling Wisk Aero is less a signal of a broader breakup than an effort to shed a struggling, non-core air taxi business that had become a distraction from the aerospace giant’s turnaround efforts, analysts said. Boeing CEO Kelly Ortberg previously said he would sell off non-essential parts of the company and its subsidiaries to stabilize its […]

By Eduardo Baptista and Laurie Chen BEIJING, Aug 14 (Reuters) – Chinese AI startup Z.ai said on Friday its open-source GLM-5.3 model had neared Anthropic’s restricted Mythos 5 in identifying software vulnerabilities, bolstering the credentials of a Chinese AI challenger gaining traction among Western developers. Z.ai said GLM-5.3 scored 84.5% on CyberGym, a test of whether a model can review code, identify security flaws and confirm that they are real. […]

WASHINGTON, Aug 14 (Reuters) – U.S. retail sales unexpectedly fell in July after recent strong gains that were fueled by large tax refunds, but consumer spending is likely to remain supported by rising wealth from the stock market even as households are increasingly sensitive to higher prices. Retail sales dropped 0.6% last month after an unrevised 0.2% gain in June, the Commerce Department’s Census Bureau said on Friday. Economists polled […]

RIO DE JANEIRO, Aug 14 (Reuters) – Brazil’s federal police on Friday carried out search warrants targeting former Rio de Janeiro Governor Claudio Castro, two sources familiar with the investigation told Reuters. Castro’s lawyer said in a statement to Reuters that authorities had not searched his residence. In a statement that did not name suspects, Brazil’s federal police said it was investigating alleged fraudulent and reckless management, money laundering, tax […]

Aug 14 (Reuters) – U.S. equity funds attracted inflows in the week through August 12, as a softer-than-expected payrolls report and benign inflation data tempered expectations of a Federal Reserve rate hike, boosting appetite for risk assets. Investors purchased a net $2.58 billion in U.S. equity funds during the week, more than offsetting the previous week’s net outflow of $1.36 billion, according to LSEG Lipper data. The S&P 500 hit […]

(SRN NEWS)- Hundreds have died in this month’s devastating earthquake and it is feared the toll will rise.  Operation Blessing has moved quickly, providing hygiene kits, food, clean water solar lanterns and other supplies.  The magnitude 7.4 earthquake roared through Colombia, flattening buildings and scrambling infrastructure.  The Colombian Geological Service says it was the strongest quake the country has recorded since 2000 with multiple big aftershocks.   Brought to you by www.srnnews.com

(SRN NEWS)-According to a new study from the Foundation for Individual Rights and Expression, only about one-third of Americans feel very comfortable expressing their views on abortion.  When it comes to transgenderism, just 25% feel safe saying what they really feel.  And about 22% say they would feel comfortable expressing themselves on the Israeli-Palestinian conflict.  The Foundation says a lot of people fear their opinions will cause them to be punished.  Brought […]

MILAN (AP) — Italian authorities recovered three paintings by Renoir, Cézanne and Matisse worth millions of euros that were stolen earlier this year from a private museum near the northern city of Parma, police said Friday. A statement from the Italian Carabinieri’s art recovery squad said the paintings were discovered during searches ordered by prosecutors, but no details were given. The investigation is ongoing. The three recovered paintings are “Fish” […]

MILAN (AP) — Ash spewing from Sicily’sMount Etna has forced the closure of the Italian island’s largest airport for the fifth consecutive day, stranding hundreds of summer holiday travelers during the biggest travel week of the year. Catania’s airport will remain closed until early Saturday, which falls on the Ferragosto holiday that marks the height of the Italian summer holiday season when millions flock to the sea and mountains, deserting […]