Reuters Financial News
21.11 / 04:37
Citi
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Citigroup
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Citigroup layoffs: CEO Jane Fraser announces management changes, 'difficult' decisions
Jane Fraser and her executive management team announced on Monday the next layer of changes in a sweeping reorganization, according to memos to staff seen by Reuters and sources familiar with the situation. Executive management team members sent emails to subordinates outlining changes, according to one source familiar with the situation who declined to be identified discussing personnel matters. Leaders also held conference calls to discuss the changes, another source said.
21.11 / 02:13
Reuters
CEO
Action
Apple
Exodus
Experts
reports
OpenAI's investors may take legal action against the board for Sam Altman's firing: Report
OpenAI, the parent company of generative artificial intelligence application ChatGPT, are considering legal action against the company's board, following the removal of CEO Sam Altman, as per a Reuters report quoting sources. OpenAI's investors are concerned about a mass exodus of employees following Altman's ouster, they told the news agency. Notably, more than 500 of the company's 700 employees had written to the board threatening to leave if Altman was not reinstated.
21.11 / 01:30
Reuters
Citizens
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social
Israel shares video of Hamas gunman executing woman on Oct. 7
Israel on Monday released security camera footage from Oct. 7, which shows Hamas gunmen who crossed into Israel chase people from an outdoor music festival, with one seen executing a woman at point-blank range. Israel is seeking to fend off international criticism for its response to the Hamas rampage, which sparked a devastating war in Gaza.
21.11 / 01:29
Reuters
Digital
CEO
Apple
Exodus
Experts
OpenAI investors considering suing the board after CEO's abrupt firing
OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees. Sources said investors are working with legal advisers to study their options. It was not immediately clear if these investors will sue OpenAI.
21.11 / 01:19
Reuters
Discover
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hospital
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Updates
Israel-Gaza War Day 47: Israeli military reveals signs of Hamas activity at Gaza's Al Shifa hospital. 10 updates
Israel-Gaza war, the Israeli Defense Forces (IDF) has released a video exhibiting AK47s, ammunition, and additional military equipment discovered in the MRI unit of a hospital. Here are the top ten updates on day 47 of the Israel-Gaza war. 1.
20.11 / 19:29
Reuters
WhatsApp
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reports
Israel-Hamas conflict: Biden says he believes Gaza hostage release deal near
US President Joe Biden Monday said he believes that a deal to free some of the hostages held by Hamas in Gaza in exchange for a ceasefire is close, reported Reuters. "I believe so," the US President said when he was asked whether a deal was near during a Thanksgiving ceremony at the White House.
20.11 / 19:03
Provident
Binance
Reuters
2020
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Department
end
US seeks more than $4 billion from Binance to end criminal case - Bloomberg News
(Reuters) -The U.S. Justice Department is seeking more than $4 billion from Binance Holdings as part of a proposed resolution of a years-long investigation, Bloomberg News reported on Monday, citing people familiar with the discussions.
20.11 / 18:44
20.11 / 16:39
Reuters
Extreme
Software
NVIDIA
Simulation
reports
medicines
Nvidia collaborating with Alphabet spinoff on drug discovery tech - Bloomberg News
Investing.com — Nvidia (NASDAQ:NVDA) is working with SandboxAQ, a startup spun off from Google-parent Alphabet (NASDAQ:GOOGL) last year, to expand the volume of chemical reactions that companies can simulate in order to help develop new materials for drugs and batteries, according to Bloomberg News.
20.11 / 13:29
20.11 / 11:43
Reuters
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Nov
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Dollar beaten to over two-month low as Fed cut bets take charge
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20.11 / 11:15
20.11 / 11:15
Provident
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Reuters
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NVIDIA
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Microsoft hires Sam Altman, Cruise CEO resigns - what's moving markets
Investing.com -- U.S. stock futures edged higher ahead of the first day of a Thanksgiving-shortened trading week, as investors geared up for minutes from the Federal Reserve's latest meeting and earnings from AI-darling Nvidia (NASDAQ:NVDA) on Tuesday. Sam Altman is set to join Microsoft (NASDAQ:MSFT) after a dramatic weekend saw his ouster from the helm of ChatGPT-maker OpenAI. Elsewhere, Cruise boss Kyle Vogt resigns following a series of recent missteps at the robotaxi group.
20.11 / 11:15
20.11 / 10:47
Reuters
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Ukrainian sniper 'sets world record' by killing Russian soldier from 3.8 km: Report
previous record was 3,540 meters," the report added. The outlet also shared footage purportedly showing the record-breaking strike. Live Mint could not independently verify the information or the video.
20.11 / 10:47
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Financial
Jio Financial Services considering maiden bond issue, plans to raise ₹5,000-10,000 crore: Report
Jio Financial Services (JFS), which was recently carved out from Reliance Industries Ltd (RIL), is considering its maiden bond issue with a plan to raise up to ₹10,000 crore, a report said on November 20. The financial services arm of RIL is in talks with merchant bankers, and is planning to launch the issue in the January-March quarter of fiscal year 2023-24, the Reuters report said, citing four bankers who are privy to the development. The company may target raising ₹5,000 crore to ₹10,000 crore through the bond issue, the bankers reportedly added.
20.11 / 09:11
Reuters
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OpenAI’s former boss Sam Altman will be joining Microsoft, confirms Satya Nadella on X
The OpenAI drama is not ending anytime soon. Now, Microsoft CEO Satya Nadella has confirmed that ousted OpenAI CEO Sam Altman will be joining Microsoft. Sam Altman and Greg Brockman will be leading a new advanced AI research team, Nadella said on X (formmerly Twitter).
20.11 / 07:15
Reuters
CEO
Southern
country
reports
prevention
Why many supermarkets are putting olive oil bottles under lock and key
olive oil are now being sold for as much as 14.5 euros ($15.77) in some supermarkets. This has led retailers to place security tags on olive oil bottles, alongside items like spirits, cosmetics, and appliances to prevent shop-lilting and thefts, according to a Reuters report. The price of olive oil has risen by 150% over the past two years, mainly due to a scorching drought in south Europe, which is a major producer.
20.11 / 06:49
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Reuters
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Israeli military says it uncovers Hamas command centre, weapons at Gaza hospital
Israeli troops found an operational command centre and assets belonging to Palestinian Hamas militants in Gaza’s biggest hospital, Israel’s military said on Wednesday, during a campaign that has stoked global alarm over the fate of civilians inside.Al-Shifa hospital in Gaza City has become the main target of the incursion into the territory by Israeli forces, who say the “beating heart” of the Hamas fighters’ operations is headquartered in tunnels beneath it, something Hamas denies.Israeli military spokesman Rear Admiral Daniel Hagari said the troops, who entered the hospital earlier on Wednesday after encircling it for days, had found weapons, combat gear and technological equipment there and were continuing their search.The military also released a video they said showed some of the materials recovered from an undisclosed building in the hospital compound, including automatic weapons, grenades, ammunition and flak jackets.Israel has consistently maintained that the hospital sits above a Hamas headquarters, an assertion the United States said on Tuesday was supported by its own intelligence.Hailing the entry of his forces into the hospital, Israeli Prime Minister Benjamin Netanyahu said in a statement: “There is no place in Gaza that we cannot reach. There are no hideouts.
20.11 / 06:31
Reuters
CEO
information
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Why does Microsoft's Satya Nadella want Sam Altman to return as OpenAI CEO?
Microsoft is said to have thrown its full support behind sacked OpenAI CEO Sam Altman in his bid to return to the company's top job. The tech giant has invested around $13 million in OpenAI and holds a 49% stake in the company, but was given almost no notice before the high-profile AI startup's CEO was ousted. Microsoft CEO Satya Nadella reportedly pledged his support for Altman immediately after he was fired by the board.
20.11 / 04:33
Reuters
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‘First and the last time…’: 'Sacked' Sam Altman shows OpenAI 'guest ID card' amid talks of his return
Sam Altman's latest post on X (formerly Twitter) hints at a strict deadline for his return to OpenAI and the removal of the company's board of directors. Altman was unceremoniously ousted as the company's CEO in a Google Meet on Thursday night, while Greg Brockman was also removed from his position as chairman of the board. Also Read| Sam Altman’s ousting and possible return to OpenAI: What we know Altman and Brockman arrived at OpenAI's San Francisco headquarters to negotiate a possible return to the company.
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