(Reuters) -New York and more than two dozen other U.S. states sued 23andMe to challenge the sale of its customers’ private information after the genetic testing company filed for bankruptcy in March. Twenty seven states, including Pennsylvania, Michigan and Florida, and the District of Columbia filed the lawsuit on Monday in 23andMe’s U.S. bankruptcy proceedings…
WASHINGTON (Reuters) -China is three to six months behind the United States in artificial intelligence, White house AI and crypto czar David Sacks said Tuesday at an event in Washington, warning that excess U.S. AI regulation could damage American innovation in the industry. “China is not years and years behind us in AI. Maybe they’re…
By Abigail Summerville NEW YORK (Reuters) -Pharmacy chain Walgreens and reality star turned entrepreneur Kourtney Kardashian are among those picking over the remaining assets in Rite Aid’s bankruptcy, according to two people familiar with the matter. In addition to Walgreens, brand management companies Authentic Brands Group, WHP Global and Marquee Brands have been evaluating Rite…
By Amanda Stephenson CALGARY (Reuters) -The U.S. relies on Canadian oil imports, despite comments to the contrary by U.S. President Donald Trump, Cenovus Energy CEO said on Tuesday. Trump has threatened on-again, off-again tariffs on Canada’s oil, of which nearly 4 million barrels per day are exported to the United States. Canada is the world’s…
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WASHINGTON (Reuters) -U.S. President Donald Trump said on Monday he would support the arrest of California Governor Gavin Newsom over possible obstruction of his administration’s immigration enforcement measures, amid protests in the state. Trump border czar Tom Homan threatened on Saturday to arrest anyone who obstructed enforcement efforts in the state, including Newsom and Los…
By Ross Kerber and Niket Nishant (Reuters) -A lawyer for BlackRock said on Monday that Republican states’ claim that asset managers violated antitrust law through industry climate groups was not “plausible,” as the firms pressed to have the case dismissed. But a lawyer for the states, which include Texas and 12 others, told the U.S….
(Reuters) -Merck’s oral cholesterol pill succeeded in two late-stage studies, marking a win for the drugmaker as it focuses on the development of growth drivers beyond its cancer drugs and vaccines. The company is searching for its next blockbuster candidate as its major revenue driver, Keytruda, is expected to lose patent protection by the end…
WASHINGTON (Reuters) -One of the two Democratic commissioners at the U.S. Federal Trade Commission who has challenged his firing by President Donald Trump said on Monday he was stepping down. Alvaro Bedoya said he would step down to comply with ethics rules but will remain a plaintiff in a lawsuit challenging his dismissal. “I love…
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