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The exact reason for Sam Altman’s firing as CEO of OpenAI remains unclear. Photo: andrew caballero-reynolds/Agence France-Presse/Getty ImagesOpenAI ’s investors are making efforts to bring back Sam Altman , the chief executive who was ousted Friday, said people familiar with the matter, the latest development in a fast-moving chain of events at the artificial-intelligence company behind ChatGPT. Altman is considering returning but has told investors that he wants a new board, the people said. He has also discussed starting a company that would bring on former OpenAI employees, and is deciding between the two options, the people said.

Persons: Sam Altman’s, andrew caballero, reynolds, Sam Altman, Altman Organizations: Agence France, ChatGPT

☆ Sam Altman Is Out at OpenAI After Board Skirmish
▼ + stars: | 2023-11-18 | by ( Deepa Seetharaman | Berber Jin | ) www.wsj.com time to read: 1 min

OpenAI unexpectedly pushed out co-founder Sam Altman as chief executive officer, saying he wasn’t being “consistently candid in his communications” following a series of clashes over the company’s direction with some members of the artificial-intelligence company‘s board. The startup said Friday its board concluded after a review that Altman’s actions, which it didn’t specify, were “hindering its ability to exercise its responsibilities.” The company’s statement, unusually candid for such a situation, said: “The board no longer has confidence in his ability to continue leading OpenAI.”

Persons: OpenAI, Sam Altman, ”

☆ Biden, Trump unpopularity buoys third party hopes for 2024 US election
▼ + stars: | 2023-11-17 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +7 min

[1/3] Former U.S. President and Republican presidential candidate Donald Trump attends a 2024 presidential election campaign event in Summerville, South Carolina, U.S. September 25, 2023. No third-party candidate has won a modern U.S. presidential election, although they have at times played outsized roles as spoilers by taking votes from major party candidates. Tony Lyons, cofounder of American Values 2024 told Reuters Kennedy shouldn't be considered a danger to just Biden or just Trump. Trump campaign spokesperson Steven Cheung said: "Polls show President Trump absolutely crushing Joe Biden even with other candidates present, both nationally and in battleground states." 'PEOPLE WANT BETTER CHOICES'While cash is flowing to third party options, Biden and Trump are raising even more.

Persons: Donald Trump, Sam Wolfe, Republican Donald Trump, Democrat Joe Biden, Trump, Ross Perot, Democrat Bill Clinton, George H.W, George H.W . Bush, Ralph Nader, Al Gore, George W, Bush, Robert F, Kennedy Jr, Kennedy, Barack Obama, Bernie Sanders, Larry Sharpe, Joe Biden, Matt Bennett, Tony Lyons, Reuters Kennedy shouldn't, Biden, Lyons, Steven Cheung, We've, Ryan Clancy, Larry Hogan of, Joe Manchin, Manchin, Clancy, Cornel West, Jill Stein, Stein, ProPublica, Joe Lieberman's, Lieberman, Jarrett Renshaw, Heather Timmons, Deepa Babington Organizations: U.S, Republican, REUTERS, Democrat, Biden, Democratic, Gallup, Trump, RFK, New York, Republicans, Reuters, Democrats, Republican Gov, Wednesday, NBC, White, Thomson Locations: Summerville , South Carolina, U.S, Trump, Gaza, George H.W ., Florida, Manhattan, Arizona , Nevada, North Carolina, Larry Hogan of Maryland, West Virginia

☆ Sam Altman Is Out at OpenAI; Mira Murati Will Be Interim CEO
▼ + stars: | 2023-11-17 | by ( Deepa Seetharaman | Berber Jin | ) www.wsj.com time to read: 1 min

OpenAI pushed out co-founder Sam Altman as chief executive officer, saying he wasn’t being “consistently candid in his communications” with the artificial-intelligence company‘s board. The startup said Friday that its board concluded after a review that Altman’s actions, which it didn’t specify, were “hindering its ability to exercise its responsibilities.” The company’s statement, unusually candid for such a situation, said: “The board no longer has confidence in his ability to continue leading OpenAI.”

Persons: OpenAI, Sam Altman, ”

☆ Sean 'Diddy' Combs accused of sex trafficking, rape of singer Cassie
▼ + stars: | 2023-11-17 | by ( Steve Gorman | ) www.reuters.com time to read: +3 min

Sean Combs arrives at the Metropolitan Museum of Art Costume Institute Gala (Met Gala) to celebrate the opening of “Heavenly Bodies: Fashion and the Catholic Imagination” in the Manhattan borough of New York, U.S., May 7, 2018. Ventura, 37, alleges that Combs raped her near the end of their relationship in 2018 when she broached the idea of leaving him. Combs' lawyer, Ben Brafman, issued a statement saying his client "vehemently denies these offensive and outrageous allegations." The lawsuit filed Thursday depicted Combs, who has formerly gone by such monikers as P. Diddy, Puff Daddy and Diddy, as an erratic, controlling individual with violent tendencies aimed at Ventura and others. The lawsuit cites violations of sex trafficking and human trafficking statutes under federal, New York and California laws.

Persons: Sean Combs, Eduardo Munoz, Cassandra Ventura, Sean, Diddy, Combs, Ventura, Cassie, Ben Brafman, Brafman, Sean John, Kid Cudi, Steven Tyler, Aerosmith, L.A, Reid, Neil Portnow, Steve Gorman, Deepa Babington Organizations: Metropolitan Museum of Art, REUTERS, Ventura, Bad Boy Records, Forbes, Recording Academy, Thomson Locations: Manhattan, New York, U.S, Ventura, Ventura ., California, Los Angeles

☆ Massive downtown Mexico City fire blackens skyline
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +1 min

[1/3] Smoke from a fire rises out of a shoe warehouse near the zocalo in Mexico City, Mexico November 16, 2023. Flames were visible from several kilometers away hours after the pillar of smoke began rising. Local media reported that the fire started in a warehouse near the city's historic center, in the Tepito district. Mexico City civil protection authorities said on social media platform X that there were no immediate reports of casualties, and that hundreds of people had been evacuated. Reporting by Mexico City Newsroom, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Alexandre Meneghini, Deepa Babington Organizations: REUTERS, MEXICO CITY, Mexico City, Local, Thomson Locations: Mexico City, Mexico, MEXICO, Tepito

☆ US House Speaker Johnson's 'honeymoon' ends as hardline Republicans rebel
▼ + stars: | 2023-11-16 | by ( David Morgan | ) www.reuters.com time to read: +3 min

U.S. House Speaker Mike Johnson (R-LA) speaks during a press conference on Capitol Hill in Washington, U.S., November 14, 2023. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsWASHINGTON, Nov 16 (Reuters) - A group of hardline Republicans has put new U.S. House Speaker Mike Johnson on notice that he can no longer count on their support for legislation, signaling a possible early end to his "honeymoon" period. "We want the message to be clear," said Representative Scott Perry, chairman of the hardline conservative House Freedom Caucus. The bill passed the House with support from 209 Democrats but only 127 Republicans - a troubling sign for the new speaker. He had also angered hardliners by suspending House rules to circumvent their hopes of blocking debate on the measure.

Persons: Mike Johnson, Elizabeth Frantz, Scott Perry, We're, Nick LaLota, Johnson, Joe Biden, Kevin McCarthy, McCarthy, Anna Paulina Luna, David Morgan, Scott Malone, Deepa Babington Organizations: Capitol, REUTERS, Rights, Republicans, ., Louisiana lawmaker, Caucus, Freedom Caucus, Republican, Democratic, Thomson Locations: Washington , U.S, Louisiana, America, Mexico, New York

Burry also closed out bearish options against the broad S&P 500 and Nasdaq 100 Index, the filings showed. His Scion Asset Management’s biggest new position last quarter was in bearish options on an exchange-traded fund focused on semiconductors. He bought put options with a notional value of $47.4 million against the iShares Semiconductor ETF (SOXX.O), according to the filing. The filings also showed that Burry's fund no longer held puts on the Nasdaq 100 and S&P 500. Hedge fund Man Group also sold its 1.1 million shares in Nvidia, while Renaissance Technologies LLC sold its entire stake in the company.

Persons: Michael Burry, Burry, George Soros, Carolina Mandl, David Gregorio, Anna Driver, Deepa Babington Organizations: U.S, Nasdaq, iShares Semiconductor, Soros Fund Management, Society, Nvidia, Taiwan Semiconductor Manufactoring, Man, Renaissance Technologies, Tiger Global Management, Eisler Capital, Man Group, Duquesne Family Office, Thomson Locations: U.S, TSMC, New York

☆ US appeals court scraps Sempra's Port Arthur LNG emissions permit
▼ + stars: | 2023-11-15 | by ( Curtis Williams | ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsHOUSTON, Nov 15 (Reuters) - A U.S. court has removed an emissions permit for Sempra's (SRE.N) Port Arthur LNG export terminal in Texas, but the company said construction of the facility will continue for now. The approximately 13.5 million-metric-tons-per-annum (mtpa) Port Arthur plant has approval to export LNG to both Free Trade Agreement (FTA) and non-FTA countries, including Europe, and is part of the U.S. LNG expansion to meet growing global demand for the superchilled gas. The decision sends the Port Arthur LNG permit application back to the TCEQ for new evaluation. Investment firm KKR (KKR.N) owns a 20% stake in Sempra Infrastructure while Sempra Energy owns 70% and Abu Dhabi Investment Authority owns 10%. John Beard, executive director of the Port Arthur Community Action Network, which brought the lawsuit challenging TCEQ, said of the ruling: “We’ve won by standing up for Port Arthur communities of color to breathe free from toxic pollution.

Persons: Dado Ruvic, Port Arthur, Sempra, John Beard, “ We’ve, –, Biden, Alex Munton, Munton, Curtis Williams, Deepa Babington, Stephen Coates Organizations: REUTERS, Rights, Port Arthur, Free, U.S, U.S ., Appeals, Fifth Circuit, Texas Commission, Environmental, Rio, Rio Grande LNG, Port, Sempra Infrastructure, ConocoPhillips, Investment, KKR, Sempra Energy, Abu Dhabi Investment Authority, Port Arthur Community Action Network, Global Gas & LNG Research, Rapidan Energy, Thomson Locations: Port, Texas, Europe, Rio Grande, Port Arthur, Abu Dhabi, Houston

Keir Starmer, leader of Britain's Labour Party, speaks during the Prime Minister's Questions, at the House of Commons in London, Britain November 15, 2023. But the backing of so many Labour lawmakers showed the levels of disquiet in the party over the Middle East conflict. Eight members of Starmer's 'shadow' ministerial team left their roles in order to defy the party position. But I wanted to be clear about where I stood, and where I will stand," Starmer said after the vote. A large protest by the Palestine Solidarity Campaign outside parliament demanding lawmakers back a ceasefire took place while the vote was going on.

Persons: Keir Starmer, Maria Unger, Handout, Rishi Sunak, Jess Phillips, Starmer, Elizabeth Piper, Kylie MacLellan, Deepa Babington Organizations: Britain's Labour Party, REUTERS Acquire, Labour, Scottish National Party, European Union, Palestine Solidarity Campaign, Thomson Locations: London, Britain, Israel, United States, Gaza, Britain's, Palestine

U.S. President Joe Biden delivers remarks on the White House initiative on climate change, at the White House in Washington, November 14, 2023. "Hang in there, we're coming," Biden said at the White House, when asked by reporters what his message to family members of hostages was. Hamas fighters surged across the border from Gaza into Israel on Oct.7, killing about 1,200 people and taking around 240 hostages, according to Israeli officials. The Israeli bombardment of Gaza has killed more than 11,000 Palestinians, around 40% of them children, according to health officials in the Hamas-ruled territory. Reuters last week reported that Qatar, where several political leaders of Hamas are based, has been leading mediation efforts between Hamas and Israeli officials over the hostages.

Persons: Joe Biden, Tom Brenner, we're, Biden, Brett McGurk, Israel, Andrea Shalal, Steve Holland, Susan Heavey, Katharine Jackson, Doina Chiaacu, Deepa Babington Organizations: White, REUTERS, Rights, West Bank, Gaza, Reuters, Thomson Locations: Washington, Israel, Qatar, Saudi Arabia, Gaza, Tel Aviv, Jerusalem, United States

☆ Canadian PM Trudeau tells Israel killing of babies in Gaza must end
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

Canadian Prime Minister Justin Trudeau holds a press conference on the sidelines of the UNGA in New York, U.S., September 21, 2023. REUTERS/Mike Segar/File Photo Acquire Licensing RightsOTTAWA, Nov 14 (Reuters) - Canadian Prime Minister Justin Trudeau on Tuesday said the "killing of women, of children, of babies" in the besieged Gaza Strip must end, in his sharpest criticism of Israel since war against Hamas broke out over a month ago. Canada has maintained that Israel has the right to defend itself against Hamas after the Palestinian militant group attacked southern Israel last month, killing 1,400 people and taking over 200 hostage. "The world is witnessing this killing of women, of children, of babies. Trudeau also said Hamas needed to stop using Palestinians as human shields and should release all its hostages.

Persons: Justin Trudeau, Mike Segar, Trudeau, David Ljunggren, Deepa Babington Organizations: Canadian, REUTERS, Rights OTTAWA, Hamas, Al, Gaza's, Thomson Locations: New York, U.S, Gaza, Israel, Canada, Palestinian, United States, British Columbia, Al Shifa

☆ UAW president to vow aggressive auto plant organizing in Senate testimony
▼ + stars: | 2023-11-13 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

UAW President Shawn Fain takes the stage with Dawn Simms, UAW Local 126 Member, during a United Auto Workers (UAW) union members in Belvidere, Illinois, U.S., November 9, 2023. REUTERS/Leah Millis Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - United Auto Workers President Shawn Fain will tell a Senate Committee on Tuesday the union plans to aggressively organize non-union U.S. auto plants after winning new contracts with the Detroit Three automakers. "For decades, non-union auto companies have used fear, uncertainty, and division to break union drives in our industry," Fain will tell the Senate Health, Education, Labor and Pensions Committee, according to written testimony seen by Reuters. The UAW for decades has unsuccessfully sought to organize auto factories operated by foreign automakers. The hearing will also include testimony from Teamsters President Sean O'Brien and Association of Flight Attendants President Sara Nelson.

Persons: Shawn Fain, Dawn Simms, Leah Millis, Fain, Sean O'Brien, Sara Nelson, Nelson's, Joe Biden, unionize Tesla, David Shepardson, Deepa Babington Organizations: UAW, United Auto Workers, REUTERS, Rights, U.S, Detroit Three, Health, Education, Labor, Pensions, Reuters, Hyundai, nonunion, General Motors, Ford Motor, Chrysler, Toyota, Honda, Association of Flight, Illinois, Detroit, Thomson Locations: Belvidere , Illinois, U.S, KS, Korean

REUTERS/Brendan McDermid Acquire Licensing RightsNEW YORK, Nov 13 (Reuters) - Shares of financial services firm B. Riley (RILY.O) plummeted nearly 35% on Monday, extending losses for the fourth consecutive session, after it disclosed unrealized investment losses and S&P Global Ratings downgraded a key asset. That markdown resulted in B. Riley reporting a net loss of $75.8 million in the third quarter, compared with a profit of $45.8 million a year earlier. "We do not believe that the recent movement in our share price is warranted based on the fundamental strength and performance of our diversified platform," a B. Riley spokesperson said in a statement. B. Riley has also been targeted by a short seller. "Although B Riley attempted to address short seller concerns on their recent earnings call, the information they provided was limited," said Rick Meckler, partner at Cherry Lane Investments.

Persons: Brendan McDermid, Riley, Brian Kahn, Kahn, John Hughes, Bryant Riley, Rick Meckler, Meckler, Chibuike Oguh, Medha Singh, Niket, Deepa Babington, Stephen Coates Organizations: New York Stock Exchange, REUTERS, Reuters Graphics, Group's, Bloomberg, Reuters, Wolfpack Research, Cherry Lane Investments, Thomson Locations: New York City, U.S, Los Angeles, New York

REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsNov 13 (Reuters) - Tyson Foods (TSN.N) on Monday forecast revenue for its next fiscal year below Wall Street estimates after fourth-quarter sales missed expectations due to falling chicken and pork prices and slowing demand for its beef. Tyson is operating more efficiently, however, and demand for protein remains strong, CEO Donnie King told analysts on a call. Chief Financial Officer John R. Tyson said in an interview on Monday that it is "business as usual" in China. Tyson reported operating margins of 1.8% in its chicken business in the quarter ended Sept. 30, after losses during the previous two quarters. Adjusted profits were 37 cents per share versus analysts' expectations for 29 cents.

Persons: Arnd, Tyson, Donnie King, John R, Arun Sundaram, Granth, Tom Polansek, Shailesh Kuber, Jan Harvey, Chizu Nomiyama, Deepa Babington Organizations: Tyson Foods, REUTERS, Wall, Reuters, CFRA Research, Reuters Graphics Reuters, Thomson Locations: Davos, Switzerland, China, U.S, Bengaluru, Chicago

☆ Fidelity rolls out suite of new ETFs, slashes fees
▼ + stars: | 2023-11-13 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +1 min

Nov 13 (Reuters) - Fidelity launched a group of six new exchange-traded funds (ETFs) Monday and announced sharp reductions on management fees on nearly a third of its total ETF lineup, kicking off what analysts expect to be another strong week for ETF debuts. So far this year, asset managers have launched 419 ETFs, according to Morningstar Direct, taking 2023 a step closer toward breaking the 2021 record of 475 new ETFs. The move will boost Ark's lineup from eight ETFs to a total of 15. The Fidelity products offer fees of 18 basis points to 28 basis points, compared with an average fee of around 63 basis points for actively managed ETFs, according to Bryan Armour, mutual fund analyst at Morningstar. "These are very, very substantial reductions, and the new fees are very low," said Armour.

Persons: John Hooson, Harriman, Bryan Armour, Suzanne McGee, Ira Iosebashvili, Deepa Babington Organizations: Fidelity, Morningstar, Invest, 21Shares, Brown, Thomson

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 9 (Reuters) - OpenAI's announcement on artificial intelligence "apps" do not spell the death knell for nascent startups building AI products, two OpenAI investors said at a Reuters NEXT conference on Thursday. Investors are still hunting for new AI products that could help consumers interact better with the technology and address deep tech issues such as brain computer interface, they said. We're in an intermediary step in a decades-long revolution," Konstantine Buhler, partner at Sequoia Capital, told the conference. Avery Klemmer, investor at Thrive Capital, which recently increased its investment in OpenAI, also said she sees opportunities for the rise of consumer applications beside ChatGPT. Despite recent frenzied investments into the technology by companies and venture capital firms, analysts and investors say development of AI products is still in the early stages.

Persons: Dado Ruvic, Konstantine Buhler, Avery Klemmer, ChatGPT, Klemmer, Jill Chase, Krystal Hu, Sayantani Ghosh, Deepa Babington Organizations: REUTERS, Reuters NEXT, Sequoia Capital, Sequoia, Microsoft, Thomson Locations: OpenAI, New York

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 9 (Reuters) - OpenAI's announcement on artificial intelligence "apps" do not spell the death knell for nascent startups building AI products, two OpenAI investors said at a Reuters NEXT conference on Thursday. Investors are still hunting for new AI products that could help consumers interact better with the technology and address deep tech issues such as brain computer interface, they said. We're in an intermediary step in a decades-long revolution," Konstantine Buhler, partner at Sequoia Capital, told the conference. Avery Klemmer, partner at Thrive Capital, which recently increased its investment in OpenAI, also said she sees opportunities for the rise of consumer applications beside ChatGPT. Despite recent frenzied investments into the technology by companies and venture capital firms, analysts and investors say development of AI products is still in the early stages.

U.S. President Joe Biden holds an event to sign an Executive Order on Artificial Intelligence in the East Room at the White House in Washington, U.S., October 30, 2023. Biden faced questions this week, including from some in his own Democratic Party, about the wisdom of his 2024 re-election bid after a series of weak polls. A Sunday New York Times/Siena College poll showed Biden behind Republican frontrunner Donald Trump in five of six battleground states. Whether victories for Democrats this week are a definitive sign of strength for Biden's re-election is unclear. Harris, who appeared in the White House driveway so abruptly that she interrupted Jean-Pierre's scheduled press conference, closed with an optimistic prediction about next November.

Persons: Joe Biden, Leah Millis, Biden, Joe Biden's, Pollsters, Sam Cornale, Israel, Donald Trump, Andy Beshear, Biden's, Mary Anna Mancuso, Kamala Harris, Harris, Trump, MAGA, Donald Trump's, Cornale, Karine Jean, Pierre, Jean, Pierre's, Steve Holland, Trevor Hunnicutt, Heather Timmons, Rod Nickel, Deepa Babington, Lincoln Organizations: Artificial Intelligence, White, REUTERS, Rights, Democratic National Committee, Reuters, Democrats, Democratic Party, Democratic, Sunday New York Times, Siena, Republican, U.S, Supreme, Voters, NBC, Trump, Republican Party, MAGA Republicans, Republicans, Thomson Locations: Washington , U.S, Kentucky, Ohio, Pennsylvania, America

“I’m sick of Republicans losing,” Florida Governor Ron DeSantis said. DeSantis has long contrasted his successful re-election last year in Florida with Republican setbacks in the last few elections, including Trump’s loss in 2020. Entrepreneur Vivek Ramaswamy blamed Ronna McDaniel, the chair of the Republican National Committee, instead of Trump, for the party’s recent performance. After circling each other for half the debate, they finally went on the attack over the other's dealings with China. The DeSantis campaign, meanwhile, has tried to attack Haley on that issue, accusing her of welcoming a Chinese company into her state.

Persons: Nikki Haley, Vivek Ramaswamy's, Ron DeSantis, Adrienne Arsht, Donald Trump’s, “, DeSantis, Trump, Republican Daniel Cameron, Andy Beshear, Vivek Ramaswamy, Ronna McDaniel, “ We’ve, ”, ” McDaniel, RAMASWAMY, Ramaswamy, Dick Cheney, you've, Haley, ” Haley, Ramaswamy wasn’t, Haley won’t, HALEY, James Oliphant, Gram Slattery, Colleen Jenkins, Deepa Babington Organizations: South Carolina, Republican, U.S, NBC News, ”, Wednesday, Republican National Committee, RNC, Trump, Thomson Locations: Ukraine, Florida, MIAMI, Miami, ” Florida, Kentucky, Ohio, Virginia, Israel, Europe, CHINA, China, South Carolina, DeSantis, Washington

REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsNov 10 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The three main U.S. equity indices quickly sank, and ended between 0.7% and 1% lower on the day. If Asian and emerging stocks follow Wall Street's lead, they will close the week in the red. Sentiment towards China, meanwhile, suffered another blow on Thursday after inflation figures showed that consumer prices swung lower in October. On the political front, Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Janet Yellen hold talks in San Francisco.

Persons: Jerome Powell, Kevin Lamarque, Jamie McGeever, Kazuo Ueda, Ueda, Lifeng, Janet Yellen, Yellen, Deepa Babington Organizations: Federal, Committee, Federal Reserve, REUTERS, Fed, Treasury, Traders, U.S ., Bank of Japan, ., PMI, Thomson, Reuters Locations: Washington , U.S, U.S, Tokyo, Japan, China, San Francisco, Zealand, India, Australia

☆ Reuters NEXT Treasury's Adeyemo says 'far better' to see Russia buying tankers than tanks
▼ + stars: | 2023-11-09 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

NEW YORK, Nov 9 (Reuters) - U.S. Deputy Secretary Wally Adeyemo on Thursday said the Group of Seven-led coalition that imposed a price cap on Russian oil last December was shifting its focus from reducing Russian revenues to raising Moscow's cost of shipping its oil. "From my standpoint, them buying these tankers and spending money on tankers was far better than spending money on tanks," he said. It also means that enforcing the price cap will have limited impact on Russian revenues. G7 countries and Australia imposed sanctions in December 2022 that prohibit shippers or insurers domiciled in member countries from offering services to facilitate Russian oil exports when the price is above $60 a barrel. He gave no further details on what steps could be taken to increase Russia's costs.

Persons: Wally Adeyemo, Adeyemo, Andrea Shalal, Deepa Babington Organizations: Reuters NEXT, Reuters, Thomson Locations: New York, Ukraine, Russia, refiners, China, India, Australia, Western

The settlement is the largest ever for the Justice Department involving claims of discrimination based on citizenship, the agency said. It requires Apple to pay $6.75 million in civil penalties and $18.25 million to an unspecified number of affected workers. The Justice Department did not specify which Apple jobs were affected by the recruitment procedures or how Apple may have benefited from them. Along with the payout, Apple agreed to align its recruiting for PERM jobs with its normal practices. The company will be required to conduct more expansive recruitment and train employees on anti-discrimination laws, according to the settlement.

Persons: Mike Segar, Apple, Daniel Wiessner, Alexia Garamfalvi, Deepa Babington Organizations: Apple Inc, Apple, REUTERS, U.S . Department of Justice, Justice Department, Justice, DOJ, The Justice, Thomson Locations: Manhattan , New York, U.S, PERM, Albany , New York

☆ Abortion rights advocates, Democrats score wins in US elections
▼ + stars: | 2023-11-08 | by ( Joseph Ax | ) www.reuters.com time to read: +5 min

Nov 7 (Reuters) - Democrats and abortion rights advocates notched a string of electoral victories on Tuesday, including in conservative Ohio and Kentucky, an early signal that reproductive rights remain a potent issue for Democrats ahead of the 2024 presidential race. In Ohio, a state that voted for Republican Donald Trump by 8 percentage points in the 2020 presidential election, voters approved a constitutional amendment guaranteeing abortion rights, Edison Research projected. He also ran on protecting abortion rights, though he is powerless to overturn the state's near-total ban. Last year, abortion rights advocacy groups scored a series of victories by placing abortion-related referendums on the ballot, including in conservative states. Anti-abortion forces campaigned against the Ohio amendment as too extreme, while abortion rights groups warned that rejecting it would pave the way for a stringent ban to take effect.

Persons: Republican Donald Trump, Roe, Wade, Glenn Youngkin's, Andy Beshear, Edison, Joe Biden's, Biden, Beshear, Daniel Cameron, Megan Jelinger, Youngkin, Trump, Tate Reeves, Brandon Presley, Elvis Presley, Presley, Reeves, Cameron, Joseph Ax, Jason Lange, Eric Beech, Nandita Bose, Costas Pitas, Gabriella Borter, Colleen Jenkins, Aurora Ellis, Deepa Babington, Lincoln Organizations: Republican, Edison Research, Democratic Legislative, Democratic, Trump, Democrats, Kentucky, REUTERS, Ohio, Senate, Republican Mississippi, Biden, Edison, Thomson Locations: Ohio, Kentucky, U.S ., Virginia, Columbus , Ohio, U.S, Arizona, Florida

U.S. President Joe Biden delivers remarks on infrastructure during an event at the Amtrak maintenance facility in Bear, Delaware, U.S., November 6, 2023. REUTERS/Leah Millis/File Photo Acquire Licensing RightsNov 7 (Reuters) - A lawyer for the administration of U.S. President Joe Biden on Tuesday told an appeals court that a judge was wrong to block a rule imposing new restrictions on asylum seekers at the U.S.-Mexico border. The challenge to the rule was brought by immigrant advocacy groups represented by the American Civil Liberties Union (ACLU). Through September, 12% of migrants who had applied for an exception under the rule had received it, Boynton said. But two of them noted that federal immigration law appears to give the government broad discretion to consider any relevant factors in deciding who ultimately receives asylum protections.

Persons: Joe Biden, Leah Millis, Biden, Donald Trump, Brian Boynton, Boynton, Spencer Amdur, Amdur, Lawrence VanDyke, Daniel Wiessner, Deepa Babington Organizations: Amtrak, REUTERS, U.S, Circuit, American Civil Liberties Union, ACLU, Democrat, Republican, U.S . Department of Justice, Thomson Locations: Bear , Delaware, U.S, Mexico, Pasadena , California, Albany , New York

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