WASHINGTON, Oct 14 (Reuters) – Ukraine said on Wednesday that Elon Musk’s SpaceX had restricted “military-grade” Starlink services, hampering Ukrainian drone strike missions and air defenses. The complaint has drawn renewed attention to the distinction between Starlink, SpaceX’s commercial satellite internet service, and Starshield, a…
By Arasu Kannagi Basil and Prakhar Srivastava Oct 14 (Reuters) – Wall Street banks struck an optimistic tone on investment banking activity, citing robust deal pipelines and continued client engagement, even as rising bond yields and market volatility threaten to delay transactions. Top banking executives…
By Kemol King GEORGETOWN, Oct 14 (Reuters) – Guyanese opposition leader Azruddin Mohamed and two other men have been arrested following an exchange of gunfire outside the home of a senior police officer who is testifying in a U.S. extradition case against Mohamed, the South…
By Suzanne McGee PROVIDENCE, RHODE ISLAND, Oct 14 (Reuters) – A former semiconductor fund manager at Fidelity Investment Management has sued its parent company FMR, claiming it refused to pay him a “multimillion-dollar” compensation package after he joined DFO Management, the family office of billionaire…
By Diana Novak Jones Oct 14 (Reuters) – Iowa, Kansas and six other states said on Wednesday they had sued OpenAI in courts across the country over harms they say ChatGPT has caused to children, alleging the chatbot has coached children to harm themselves or…
By Daniel Wiessner Oct 14 (Reuters) – A federal judge declined on Wednesday to block an effort by President Donald Trump to eliminate diversity, equity and inclusion initiatives by companies that do business with the US government. US District Judge Adam Abelson in Baltimore, Maryland,…
By Tatiana Bautzer NEW YORK, Oct 14 (Reuters) – A steep selloff in the bond market showed up in Wall Street bank earnings during the last quarter, with some banks showing weaker fixed income trading as high interest rate volatility during the quarter curbed demand for transactions. …
By Vaishnavi Hajari, Gianluca Lo Nostro and Cassell Bryan-Low Oct 14 (Reuters) – As Ukraine reported problems with Starlink satellite internet terminals and US data that warns of Russian ballistic missile attacks, Kyiv also faced the harsh reality that its European allies cannot offer any…
By Chuck Mikolajczak, Darshan Kumar R and Shashwat Chauhan NEW YORK, Oct 14 (Reuters) – Major AI stocks slumped on Wednesday following the latest hot US inflation report, highlighting investor concern about the risks posed by rising borrowing costs in this capital-intensive sector. Among the…
By Field Level Media Oct 14 (Field Level Media) – Illinois quarterback Katin Houser underwent a medical procedure on his right (throwing) hand and is expected to be sidelined for four to six weeks, head coach Bret Bielema announced Wednesday. Houser sustained the injury while…