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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.

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

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

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

☆ 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

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

☆ 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

☆ First US polls close as contests in Ohio, Virginia offer preview of 2024
▼ + stars: | 2023-11-07 | by ( Joseph Ax | ) www.reuters.com time to read: +5 min

Beshear faces Republican state Attorney General Daniel Cameron, who would be Kentucky's first Black governor. In Mississippi, Republican Governor Tate Reeves is seeking another four-year term. 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. Republican Governor Glenn Youngkin said he would pursue a 15-week abortion limit if Republicans take control of the legislature.

Persons: Ohioans, Andy Beshear, Republican Donald Trump, Daniel Cameron, Beshear, Tate Reeves, Brandon Presley, Elvis Presley, outraised Reeves, Joe Biden, Reeves, Cameron, Megan Jelinger, Glenn Youngkin, Trump, Biden, Joseph Ax, Jason Lange, Colleen Jenkins, Aurora Ellis, Deepa Babington Organizations: Abortion, Virginians, Republican, Kentucky, Beshear, Democratic, Trump, REUTERS, Ohio, Senate, Republicans, Reuters, Thomson Locations: Kentucky, Kentucky , Mississippi, Mississippi, Ohio, Columbus , Ohio, U.S, Arizona, Florida, Virginia, House

☆ Mexico rules out severing ties with Israel over Gaza, calls for peace
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

Lopez Obrador has staked out a more moderate position than some other Latin American leftists, with Colombia, Chile and Honduras recalling their ambassadors to Israel over its strikes on Gaza. "We - and I want to be very clear when I say this - are not going to break relations with Israel, or take a position beyond calling for peace," Lopez Obrador said. Mexico's government condemned the attacks by Hamas against Israel on Oct. 7, but has also urged Israel to avoid civilian casualties in Gaza and is pressing for a two-state solution. Mexican diplomat Alicia Buenrostro, speaking last week at a U.N. emergency special session on Gaza, called for Israel to end the occupation of Palestinian territories. Reporting by Mexico City Newsroom Editing by Dave Graham and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Andres Manuel Lopez Obrador, Lopez Obrador, Alicia Buenrostro, Dave Graham, Deepa Babington Organizations: Reuters, MEXICO CITY, Mexico City, Thomson Locations: Latin America, Caribbean, Palenque, U.S, Palenque , Mexico, MEXICO, Israel, Gaza, Colombia, Chile, Honduras, Gaza . Bolivia, Mexico, Mexican

☆ Bittersweet goodbye for Gaza doctor as family leaves enclave
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

[1/3] Palestinian doctor Mohammad Abu Namoos, who chose to stay in Gaza to treat patients, says goodbye to his family before they leave the strip, amid the ongoing conflict with Israel, at Rafah border crossing, in Rafah in the southern Gaza Strip, November 7, 2023. Namous' family, who hold Moldovan citizenship, are among hundreds of Gazans with foreign passports being permitted to leave to Egypt through the crossing, the only way out of the besieged Palestinian enclave that does not border Israel. The entire Gaza Strip is unsafe. "Of course, I am getting them out, but I myself will be staying in the Gaza Strip. Abu Namous' daughter, Dina, said she felt both excited and sad at the prospect of leaving.

Persons: Mohammad Abu Namoos, Abu Mustafa, Mohammad Abu Namous, Namous, Abu Namous, Zahra, U.N, General Antonio Guterres, Dina, Arafat Barbakh, Ibraheem Abu Mustafa, Imad Creidi, Deepa Babington, Rosalba O'Brien Organizations: REUTERS, Moldovan, Reuters, Palestinian, Hamas, Health, Thomson Locations: Gaza, Israel, Rafah, Egypt, al

☆ Canada's emission cuts unlikely to hit 2030 target, auditor general says
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Nov 7 (Reuters) - Canada's emissions reduction plan is flawed and will not reach the target of cutting greenhouse gas output by 40% to 45% below the 2005 level by 2030, the country's auditor general said on Tuesday. Falling short of the minimum 40% target for 2030 would mean Canada missing its commitment under the United Nations' Paris Agreement on climate change. Ottawa's plan is insufficient because key measures needed to meet the 2030 target were delayed or not prioritized, the office of the auditor general said in a statement. Canada has missed every emissions reduction target it has ever set. DeMarco said the government could still meet its 2030 target "with drive, focus, and leadership".

Persons: Justin Trudeau, Carlos Osorio, Jerry, Steven Guilbeault, Guilbeault, DeMarco, Ismail Shakil, David Ljunggren, Steve Scherer, David Evans, Deepa Babington Organizations: Billy Bishop Airport, Canada's, interprovincial, REUTERS, Rights OTTAWA, United Nations, Environment, Sustainable, Thomson Locations: Toronto , Ontario, Canada, Ottawa

REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsSummary Saudi Arabia and Russia supply cuts to remain until year-endChina's refinery throughput slows from record levelsEuro zone recession fears amplified by PMI dataHOUSTON, Nov 6 (Reuters) - Oil prices edged higher on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year. Russia also announced it would continue its additional voluntary cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Oil prices rebounded after both benchmarks lost about 6% in the week to Nov. 3, as supply concerns driven by Middle East tensions eased. A weaker dollar also helped oil prices. Lower borrowing cost is likely to boost spending and demand for crude oil.

Persons: Agustin Marcarian, John Kilduff, Giovanni Staunovo, Huw Pill, Robert Harvey, Florence Tan, Colleen Howe, Deepa Babington, Mark Potter, Christina Fincher, Bill Berkrot Organizations: REUTERS, PMI, HOUSTON, Brent, U.S, West Texas, Saudi, Investors, Bank of England, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Saudi Arabia, Russia, New York, OPEC, Gaza, U.S, China, Europe

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsSummary Saudi Arabia and Russia supply cuts to remain until year-endChina's refinery throughput slows from record levelsEuro zone recession fears amplified by PMI dataHOUSTON, Nov 6 (Reuters) - Oil prices rose on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year. Russia also announced it would continue its additional voluntary cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December. Oil prices rebounded after both benchmarks lost about 6% in the week to Nov. 3. Monday's oil price gains may have been capped by an easing of crude throughput at Chinese refineries.

Persons: Agustin Marcarian, Dennis Kissler, Giovanni Staunovo, Tamas Varga, Robert Harvey, Florence Tan, Colleen Howe, David Goodman, Kirsten Donovan, Deepa Babington Organizations: REUTERS, PMI, HOUSTON, Brent, U.S, West Texas, BOK Financial, Reuters, Saudi, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Saudi Arabia, Russia, Saudi, OPEC, China’s, China, Europe

An electronic board shows stock indexes at the Lujiazui financial district in Shanghai, China, March 21, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsNov 7 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. This is their best run in a year, powered by easing financial conditions in the form of lower U.S. bond yields and a weaker dollar, and renewed faith in the U.S. economic 'soft landing' scenario. Having under-performed global and developed market benchmarks last week, Asian stocks could be set to outperform this week. Skeptical foreign investors will need more than one month of slowing imports and exports decline though.

Persons: Aly, Jamie McGeever, Goldman Sachs, Deepa Babington Organizations: REUTERS, Bank of Korea, Thomson, Reuters Locations: Shanghai, China, U.S, India, Asia, Taiwan, Philippines, Indonesia, Japan, Australia

☆ US plans precision bombs transfer to Israel -source
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Ronen Zvulun/File Photo Acquire Licensing RightsWASHINGTON, Nov 6 (Reuters) - President Joe Biden's administration has informed the U.S. Congress that it is planning a $320 million transfer of precision bombs for Israel, a source familiar with the plan said on Monday. The Wall Street Journal first reported that the administration sent formal notification on Oct. 31 to congressional leaders of the planned transfer of Spice Family Gliding Bomb Assemblies, a type of precision guided weapon fired by warplanes. Citing correspondence it viewed, the Journal said weapons manufacturer Rafael USA would transfer the bombs to its Israeli parent company Rafael Advanced Defense Systems for use by the Israeli defense ministry. Earlier on Monday, the United Nations said Gaza is becoming a "graveyard for children," amplifying demands for a ceasefire as Palestinian health authorities said the death toll from Israel strikes had exceeded 10,000. Reporting by Patricia Zengerle, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Benjamin Netanyahu, Ronen, Joe Biden's, Rafael, Patricia Zengerle, Deepa Babington Organizations: U.S, Israeli, White, Consulate, REUTERS, Rights, U.S . Congress, Street Journal, Rafael Advanced Defense Systems, United, Thomson Locations: U.S, Israeli, Tel Aviv, Israel, United Nations, Gaza

☆ US Senate Republicans unveil border plan as House Ukraine bill looms
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

2 Senate Republican John Thune told reporters that Johnson's plan has "a lot" of support among Republicans in the Senate, adding: "It'd be strong." The Republican-controlled House passed HR-2 in May, but the bill has gone nowhere in the Democratic-led Senate. Among other things, the Senate Republican proposal would resume construction of a border wall -- former President Donald Trump's signature goal -- in addition to deeming large numbers of migrants ineligible for asylum. Republican border provisions face broad opposition from Democrats in Congress and from President Joe Biden. He told reporters that a bill linking Ukraine aid to border security would come soon.

Persons: San Nicolas de los, Daniel Becerril, Mike Johnson, Republican John Thune, Lindsey Graham, Tom Cotton, James Lankford, Donald Trump's, Joe Biden, Johnson, David Morgan, Scott Malone, Deepa Babington Organizations: REUTERS, Rights, U.S, Senate Republicans, Republican, Republicans, Democratic, Democrats, Internal Revenue Service, Thomson Locations: U.S, Nuevo Leon, San Nicolas, San Nicolas de los Garza, Mexico, Ukraine, Republican, Israel

☆ US Plans Precision Bombs Transfer to Israel -Source
▼ + stars: | 2023-11-06 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - President Joe Biden's administration has informed the U.S. Congress that it is planning a $320 million transfer of precision bombs for Israel, a source familiar with the plan said on Monday. The Wall Street Journal first reported that the administration sent formal notification on Oct. 31 to congressional leaders of the planned transfer of Spice Family Gliding Bomb Assemblies, a type of precision guided weapon fired by warplanes. Citing correspondence it viewed, the Journal said weapons manufacturer Rafael USA would transfer the bombs to its Israeli parent company Rafael Advanced Defense Systems for use by the Israeli defense ministry. Earlier on Monday, the United Nations said Gaza is becoming a "graveyard for children," amplifying demands for a ceasefire as Palestinian health authorities said the death toll from Israel strikes had exceeded 10,000. (Reporting by Patricia Zengerle, editing by Deepa Babington)

Persons: Joe Biden's, Rafael, Patricia Zengerle, Deepa Babington Organizations: WASHINGTON, U.S . Congress, Street Journal, Rafael Advanced Defense Systems, United Locations: Israel, United Nations, Gaza

☆ Explainer: What's at stake as Alberta seeks to split from Canada Pension Plan
▼ + stars: | 2023-11-01 | by ( Maiya Keidan | ) www.reuters.com time to read: +4 min

TORONTO, Nov 1 (Reuters) - Canadian Finance Minister Chrystia Freeland will seek to challenge Alberta Premier Danielle Smith's plan to pull her province out of the Canada Pension Plan (CPP), in a meeting with provincial and territorial counterparts on Friday. A nationwide pension scheme called CPP that took contributions from paychecks began in the late 1960s. CPP Investments - an entity to manage its assets - was created in 1997 by the Canada Pension Plan Investment Board Act. AIMCo has not been considered a vehicle for a new Alberta pension plan. If Alberta walks away with more than 22.5% of assets, CPP contributions from everywhere else in the country would have to increase, Tombe estimates.

Persons: Chrystia Freeland, Danielle Smith's, Justin Trudeau, Pierre Poilievre, paychecks, AIMCo, SMITH, Smith, Patrik Marier, Trevor Tombe, Tombe, Maiya Keidan, Deepa Babington Organizations: TORONTO, Canadian Finance, Canada, Conservative Party, CPP Investments, Plan Investment, Investments, Alberta Investment Management Corp, Concordia University, University of Calgary, British Columbia, Thomson Locations: Quebec, Alberta, Ottawa, ALBERTA, Western, Ontario

☆ Canada caps immigration target amid housing crunch, inflation
▼ + stars: | 2023-11-01 | by ( Wa Lone | ) www.reuters.com time to read: +2 min

"These immigration levels will help set the pace of Canada's economic and population growth while moderating its impact on critical systems such as infrastructure and housing," Miller said. Canada's population has grown mainly through immigration, and population growth has helped fuel economic growth in recent years. But some economists have blamed immigration for worsening the country's housing shortage, though immigrants also work in industries like construction that are facing a labor shortage. For this reason, the Bank of Canada has said immigration has been both a driver and a brake for inflation, which stood at 3.8% in September. More consumers mean more demand, which pushes up prices, but immigrants entering the work force also help keep down labor costs.

Persons: Christinne, Marc Miller, Miller, Wa, Ismail Shakil, Steve Scherer, Deepa Babington Organizations: REUTERS, Rights TORONTO, Bank of Canada, Statistics, Institute for Canadian Citizenship, Wa Lone, Thomson Locations: Canada, U.S, Champlain , New York, Ottawa, Statistics Canada, Toronto

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. The GM workers will return to work after an official announcement of the deal, two sources said. Ford shares fell 2% while Stellantis shares were down 1.5% in Milan. Excluding Monday's share moves, GM and Ford shares have lost roughly a fifth of their value since the strike began while Stellantis shares have fallen 1%. "The Street is glad to have this UAW nightmare in the rear view mirror with a less onerous deal than originally feared for the Detroit Big 3," Wedbush analyst Daniel Ives said.

Persons: Rebecca Cook, Stellantis, Patrick Anderson, Shawn Fain, Fain, Joe Biden, Biden, Tesla, Ford, Erik Gordon, Daniel Ives, David Shepardson, Joseph White, Shivansh Tiwary, Deepa Babington, David Gaffen, Peter Henderson, Alistair Bell Organizations: General Motors, REUTERS, Detroit, United Auto Workers, UAW, Reuters, Detroit Three automakers, Ford Motor, Chrysler, Anderson Economic Group, GM, Ford, Democratic, Detroit Three, Detroit automakers, EV, Toyota, University of Michigan, Kentucky, Detroit Big, Thomson Locations: Detroit , Michigan, U.S, Detroit, Milan, Arlington , Texas, Tahoe, Sterling Heights , Michigan, Hill, Tenn, Washington

☆ Jordan Asked US to Deploy Patriot Air Defence Missiles -Army
▼ + stars: | 2023-10-29 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +3 min

By Suleiman Al-KhalidiAMMAN (Reuters) -Staunch U.S. ally Jordan asked Washington to deploy Patriot air defence systems to bolster its border defence at a time of heightened regional tensions and conflict, the spokesperson for the country's army said on Sunday. "We asked the American side to help bolster our defence system with Patriot air defence missile systems," Brigadier General Mustafa Hiyari, Jordan's army spokesperson, told state television. U.S. Patriot missiles were stationed in the kingdom in 2013 following an uprising in northern neighbour Syria where the kingdom feared a civil war could spill over and ignite a regional conflict. The Patriot, considered one of the most advanced U.S. air defense systems, is usually in short supply, with allies around the world vying for it. "The drones have become a threat on all our fronts," army spokesperson Hiyari said.

Persons: Suleiman Al, Khalidi, Jordan, General Mustafa Hiyari, Hiyari, Lloyd Austin, Amman, Deepa Babington, Grant McCool Organizations: U.S . Patriot, Pentagon, United, Senior Biden, Defense, Border Locations: Khalidi AMMAN, U.S, Washington, Syria, Gaza, Israel, United States, Iran, Iraq

☆ Jordan asked US to deploy Patriot air defence missiles, army says
▼ + stars: | 2023-10-29 | by ( Suleiman Al-Khalidi | ) www.reuters.com time to read: +3 min

AMMAN, Oct 30 (Reuters) - Staunch U.S. ally Jordan asked Washington to deploy Patriot air defence systems to bolster its border defence at a time of heightened regional tensions and conflict, the spokesperson for the country's army said on Sunday. "We asked the American side to help bolster our defence system with Patriot air defence missile systems," Brigadier General Mustafa Hiyari, Jordan's army spokesperson, told state television. U.S. Patriot missiles were stationed in the kingdom in 2013 following an uprising in northern neighbour Syria where the kingdom feared a civil war could spill over and ignite a regional conflict. The Patriot, considered one of the most advanced U.S. air defense systems, is usually in short supply, with allies around the world vying for it. "The drones have become a threat on all our fronts," army spokesperson Hiyari said.

Persons: Jordan, General Mustafa Hiyari, Hiyari, Lloyd Austin, Amman, Suleiman Al, Khalidi, Deepa Babington, Grant McCool Organizations: U.S . Patriot, Pentagon, United, Senior Biden, Defense, Border, Thomson Locations: AMMAN, U.S, Washington, Syria, Gaza, Israel, United States, Iran, Iraq

☆ With eye on 2024, Republicans push for early voting despite Trump's rhetoric
▼ + stars: | 2023-10-26 | by ( Joseph Ax | ) www.reuters.com time to read: +6 min

That could make it difficult for the party to deliver a coherent message on early voting. In an advertisement that aired during the first Republican presidential debate in August, RNC Chairwoman Ronna McDaniel said into the camera: "When Republicans vote early, we win." With Trump railing against the practice, Democrats have increased their edge in early voting. In 2022, that gap widened, with Democrats accounting for 42.5% of early ballots and Republicans 33.8%. But Youngkin advisers said their data showed the early vote campaign had brought in ballots from low-propensity voters as well.

Persons: Glenn Youngkin, Jonathan Ernst, Donald Trump, Trump, haven't, Youngkin, Ronna McDaniel, Tom Bonier, Bonier, Dave Rexrode, Joseph Ax, Nathan Layne, Colleen Jenkins, Deepa Babington Organizations: Virginia Republican, REUTERS, Virginia, White House, U.S, Senate, Republican, Republican State Leadership Committee, Republican National Committee, Trump, University of Florida, Banking, Democrats, Republicans, Democratic Legislative, Committee, Democratic, Thomson Locations: Chantilly , Virginia, U.S, Virginia, Henrico County, Iowa

☆ Amazon predicts bright holiday season, cloud stabilizing
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +3 min

Facing an array of challenges to its business, Amazon is trying to keep its mantle as the world's biggest cloud provider and online retailer. The U.S. Federal Trade Commission in September sued Amazon for allegedly inflating prices and wielding monopoly power, claims that Amazon has disputed. Microsoft, the second-largest cloud provider by revenue after Amazon, beat Wall Street estimates this week as its customers geared up for AI upgrades. Amazon Web Services brought in revenue of $23.1 billion, compared with analysts' expectations of $23.09 billion. For the current holiday quarter, the company forecast revenue in the range of $160 billion and $167 billion.

Persons: Gonzalo Fuentes, Long, Andy Jassy, LSEG, Akash Sriram, Anil D'Silva, Deepa Babington Organizations: REUTERS, Amazon.com Inc, Google, Microsoft, Amazon, U.S . Federal Trade Commission, Amazon Web Services, Wall, Web Services, Thomson Locations: Bretigny, Paris, France, Bengaluru

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