Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
OpenAI projects $50 billion spending on computing power this year, Brockman says
May 5 (Reuters) - OpenAI expects to spend $50 billion on computing power this year, co-founder and President Greg Brockman said during his testimony in the company's courtroom battle with Elon Musk on...
May 05, 2026
FCC commissioner seeks rigorous review of foreign investment in Warner Bros deal
By David Shepardson WASHINGTON, May 5 (Reuters) - The sole Democrat on the Federal Communications Commission on Tuesday called for a rigorous review of the foreign ownership interests in a proposed Pa...
May 05, 2026
Exclusive-Top Google scientist says EU data measures pose privacy risk for users
By Foo Yun Chee BRUSSELS, May 5 (Reuters) - A top Google scientist sent a warning to EU antitrust regulators on Tuesday that its proposal requiring the company to share search engine data with rivals ...
May 05, 2026
OpenAI provided GPT-5.5 to US for national security testing, executive said
WASHINGTON, May 5 (Reuters) - OpenAI gave the U.S. government early access to its GPT-5.5 model for national security testing, said OpenAI executive Chris Lehane in a LinkedIn post. (Reporting by Cour...
May 05, 2026
US authorizes services to Venezuela connected with potential debt restructuring
May 5 - The United States has issued a general license authorizing legal, financial advisory, and consulting services linked to potential debt restructuring in Venezuela, including the South American ...
May 05, 2026
Analysis-Bets surge against Nike, heaping pressure on CEO Hill
By Nicholas P. Brown NEW YORK, May 5 (Reuters) - Eighteen months into CEO Elliott Hill's attempts to revive Nike, the sportswear giant is losing market share, and Wall Street is signaling growing impa...
May 05, 2026
Hedge fund Citadel 'doubling down' on Miami, CEO Ken Griffin says
By Matt Tracy WASHINGTON, May 5 (Reuters) - Hedge fund Citadel is "doubling down" on its Miami ventures, revising its plans in the city to make the firm's office building larger, CEO Ken Griffin said ...
May 05, 2026
New York Times sued by US employment agency over diversity goals
NEW YORK, May 5 (Reuters) - The New York Times was sued on Tuesday by the U.S. Equal Employment Opportunity Commission, which accused the newspaper of passing over a white man for a top editorial role...
May 05, 2026
Brazil's beef exports could drop 10% in 2026 due to Chinese tariffs, says lobby ABIEC
SAO PAULO, May 5 (Reuters) - Brazil's beef exports could drop 10% in 2026 from the year before due to China's 55% tariff on beef imports that exceed quota levels, lobby group ABIEC president Roberto P...
May 05, 2026
Apple to let users choose rival AI models across iOS 27 features, Bloomberg News reports
May 5 (Reuters) - Apple will allow users to select from third-party artificial intelligence models for tasks such as generating and editing text and images, across its iOS 27 features, Bloomberg News ...
May 05, 2026
