By Sinéad Carew and Pranav Kashyap (Reuters) -Wall Street’s main indexes rose on Friday for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in the week even as economic survey data showed a deterioration in consumer sentiment. The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan Surveys of C ...
(Reuters) -Elon Musk’s xAI responded to widespread reports that its Grok chatbot made claims about a genocide against white citizens in South Africa, saying there had been an unauthorized change to the artificial intelligence bot. In a post on X on Thursday, xAI said it would update the system to address the problem. Issues of political biases, hate speech and accuracy of AI chatbots have been a ...
By Nate Raymond (Reuters) -U.S. President Donald Trump’s administration agreed on Friday to permit the sale and possession of devices that let gun enthusiasts convert semiautomatic rifles into weapons that can shoot as fast as machine guns. The agreement came in a settlement announced by the Department of Justice resolving lawsuits brought under Trump’s Democratic predecessor, Joe Biden, after ...
(Reuters) -Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric vehicle maker for breach of duties, according to a filing with the U.S. Securities and Exchange Commission on Friday. Three percent of Tesla (NASDAQ:TSLA)’s shares amounts to about 97 million shares worth about $34 billion as of Friday’s close. That is far hig ...