Town Hall News

WASHINGTON (Reuters) – Senator Michael Bennet introduced a bill on Thursday that would create a task force to look at U.S. policies on artificial intelligence, and identify how best to reduce threats to privacy, civil liberties and due process. The popular use of ChatGPT and other AI, which have been used for years to create text, imagery and other content, has sparked a rush around the globe to figure out […]

By Siddarth S and Lananh Nguyen NEW YORK (Reuters) – Investment bank Lazard Ltd on Friday reported a surprise loss in the first quarter as dealmaking slumped, a trend the company’s CEO said would likely persist. The company also warned of an uncertain outlook for the year and said it would eliminate around 10% of its workforce in 2023, which could result in additional costs of around $95 million. “The […]

By Lori Ewing MANCHESTER, England (Reuters) – Canada and Portland Thorns forward Janine Beckie has joined the growing chorus calling for better research into the prevalence of injuries in women’s soccer, saying that alarm bells would ring if their male counterparts were suffering the same fate.         The 28-year-old, who helped Canada capture gold at the 2020 Tokyo Olympics, is among a group of players who will miss the Women’s […]

By Greg Roumeliotis (Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic under receivership imminently, a person familiar with the matter said on Friday, sending shares of the lender down more than 40% in extended trading.     Shares of the bank closed down 43% after CNBC reported earlier in the day the lender was likely headed for receivership under the FDIC, worsening a stock […]

(Reuters) – Deposits at commercial U.S. banks dipped in the week ended April 19, signaling no fresh worries about bank safety of the kind that drove sharp outflows in the week immediately following the collapse of Silicon Valley Bank, data released on Friday by the Federal Reserve showed. Deposits at large U.S. banks fell to $10.61 trillion from $10.74 trillion a week earlier, on a non-seasonal basis. Deposits at small […]

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) – As recently as February, generative AI did not feature prominently in EU lawmakers’ plans for regulating generative artificial intelligence (AI) technologies such as ChatGPT. The bloc’s 108-page proposal for the AI Act, published two years earlier, included only one mention of the word “chatbot.” References to AI-generated content largely referred to deepfakes: images or audio designed to impersonate human beings. By […]

By John Kruzel WASHINGTON (Reuters) – U.S. Supreme Court Justice Samuel Alito believes the leak last May of a draft opinion that ended the nationwide right to abortion was meant to “intimidate” the court into changing its decision, the conservative justice told the Wall Street Journal. “It was a part of an effort to prevent the Dobbs draft … from becoming the decision of the court,” Alito said in an […]

KHARTOUM (Reuters) -The conflict between Sudan’s army and a paramilitary group called the Rapid Support Forces (RSF) has triggered a rush to extract foreign diplomats and citizens. Several countries have evacuated nationals by air, while some have gone via Port Sudan on the Red Sea, about 800 km (500 miles) by road from Khartoum. This is the status of some countries’ efforts: EGYPT Egypt has evacuated a total of 6,399 […]

(Reuters) – U.S. stock indexes advanced on Friday after strong earnings updates from Exxon and Intel offset worries over Amazon’s slowdown warning, while economic data reinforced expectations that the Federal Reserve would hike interest rates next week. Exxon Mobil Corp shares rose to all-time high as the oil company reported a record first-quarter profit on rising oil and gas output, also boosting the S&P energy index. Chipmaker Intel Corp gained […]