By David Lawder (Reuters) -U.S. Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President Donald Trump’s tariffs may top $500 billion a year, with a substantial jump from July to August and likely a bigger jump in September. Bessent told a White House Cabinet meeting that his prior estimate of a…
By Jody Godoy (Reuters) -The parents of a teen who died by suicide after ChatGPT coached him on methods of self harm sued OpenAI and CEO Sam Altman on Tuesday, saying the company knowingly put profit above safety when it launched the GPT-4o version of its artificial intelligence chatbot last year. Adam Raine, 16, died…
By Howard Schneider and Ann Saphir (Reuters) -Federal Reserve Governor Lisa Cook, whose removal is being sought by President Donald Trump over allegations of misstatements on her mortgages, will seek court approval for her continued right to carry on in her role at the U.S. central bank, the Fed said on Tuesday. “Lisa Cook has…
By Riham Alkousaa BERLIN (Reuters) -Canada is working with its allies to potentially fund critical mineral transactions, similar to what the U.S. government did with MP Materials to diversify the supply chain from China, Energy and Natural Resources Minister Tim Hodgson told Reuters on Tuesday. The key target, Hodgson said, would be minerals subject to China’s…
By Diana Novak Jones (Reuters) -Kraft, Mondelez, Coca-Cola and several other major food companies on Monday succeeded in winning the dismissal of a lawsuit that accused them of designing harmful “ultra-processed” foods addictive to children. U.S. District Judge Mia Perez in Philadelphia granted the companies’ motion to dismiss after finding that the plaintiff in the…
By Frank Pingue (Reuters) -The NFL has tapped its roster of retired players to help keep the current crop from fumbling away their careers over gambling violations — enlisting former gridiron veterans to deliver the message that betting and football simply do not mix. Sabrina Perel, the NFL’s vice president and chief compliance officer, said…
By Brad Brooks (Reuters) -California Republicans filed on Monday their second legal challenge against Governor Gavin Newsom’s redistricting plan, which aims to give Democrats five more Congressional seats amid a nationwide scramble for advantage in 2026 elections. The lawsuit filed by Republican lawmakers argues that the redistricting plan goes against the California constitution and requirements…
By Jaspreet Singh (Reuters) -LinkedIn is expanding its video advertising program, adding new publishers and creator-led shows to draw marketing dollars. The Microsoft-owned platform for professionals said on Monday that AT&T Business, IBM, SAP and ServiceNow will sponsor the debut season of four video programs as part of an expansion of its BrandLink program. Launched…
HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final winner recommendation in the complex court-organized auction is expected to…
(Reuters) -The measles outbreak in West Texas has ended, state health officials said on Monday, after meeting the criteria of six weeks since the last reported case. Texas is now shifting focus to vaccination campaigns to strengthen immunity and prevent future outbreaks, the Department of State Health Services (DSHS) said. The outbreak, which began in…
