By Nate Raymond(Reuters) -The U.S. Military Academy and the U.S. Air Force Academy will no longer consider race as a factor in admissions as the military schools had long done to boost enrollment of Black, Hispanic and other minorities, President Donald Trump’s administration said on Friday.The changes were detailed in court filings by the U.S. Department of Justice in federal courts in New York ...
By Stephen CulpNEW YORK (Reuters) -Wall Street posted solid gains on Friday as big banks kicked off first-quarter earnings season and investors closed the book on a turbulent week of wild swings driven by the chaos of U.S. President Donald Trump’s multi-front trade war.All three major U.S. indexes ended the session sharply higher after assurances from Boston Federal Reserve President Susan Colli ...
By Anna TongSAN FRANCISCO (Reuters) - A dozen former OpenAI employees filed a legal brief on Friday backing co-founder Elon Musk’s lawsuit aimed at keeping the non-profit status of OpenAI, marking the latest development in the dispute over the future of the artificial intelligence firm.Corporate leaders want to give investors control, drawing a host of concerns and a lawsuit from Musk and others ...
(Reuters) -Binance executives met U.S. Treasury officials last month and discussed loosening government oversight of the company, while exploring a business deal with President Donald Trump’s crypto venture, World Liberty Financial, the Wall Street Journal said.Executives of the world’s largest cryptocurrency exchange asked Treasury officials to remove a U.S. monitor overseeing its compliance ...