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Alaska Airlines says website, app down amid global Azure outage

(Reuters) -Alaska Airlines said its website and app were down on Wednesday, days after a technology outage grounded its flights across the U.S. The airline said the latest disruption stemmed from a global outage affecting Microsoft’s Azure platform, which has impacted key systems, including its ...
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Character.AI is banning minors from interacting with its chatbots

Character.AI is banning minors from using its chatbots amid growing concerns about the effects of artificial intelligence conversations on children. The company is facing several lawsuits over child safety, including by the mother of a teenager who says the company’s chatbots pushed her teenage ...
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Nvidia has started the $5 trillion club. A look at its rise, by the numbers

Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023. Nvidia’s journey to be one ...
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US nuclear generation to grow 27% post 2035, as data centers fuel power demand: WoodMac

By Kavya Balaraman (Reuters) -U.S. nuclear power generation is set to rise, analysts at Wood Mackenzie said, as surging demand driven by data centers strains grids across the country and a wave of tech companies sign deals to source power from the zero-carbon resource. A ...
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Airbus beats Q3 expectations but cuts A220 production target

PARIS (Reuters) -Europe’s Airbus on Wednesday reported higher than expected third-quarter profits and revenues led by commercial jetliner deliveries and gains in helicopters and defence. It reaffirmed its main financial and delivery targets but cut the production goal for its smallest model and now aims ...
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GM lays off 1,700 workers at plants in Michigan and Ohio amid slower EV demand

NEW YORK (AP) — General Motors is laying off about 1,700 workers across manufacturing sites in Michigan and Ohio, as the auto giant adjusts to slowing demand for electric vehicles. The Detroit News first reported the cuts on Wednesday — covering about 1,200 jobs at ...
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Phony AI-generated videos of Hurricane Melissa flood social media sites

One viral video shows what appears to be four sharks swimming in a Jamaican hotel’s pool as floodwaters allegedly brought on by Hurricane Melissa swamp the area. Another purportedly depicts Jamaica’s Kingston airport completely ravaged by the storm. But neither of these events happened, ...
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US judge blocks consumer agency’s ‘open banking’ rules for now

By Mike Scarcella (Reuters) -A coalition of banking groups has convinced a federal judge to temporarily block enforcement of a U.S. Consumer Financial Protection Bureau rule aimed at making it easier for consumers to switch financial-service providers. In a ruling Wednesday, U.S. District Judge Danny Reeves ...
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Private credit bosses hit back at ‘misinformation’ over First Brands collapse

By Tommy Reggiori Wilkes LONDON (Reuters) -Blackstone Apollo and Ares had no exposure to U.S. companies First Brands and Tricolor at the time of their bankruptcies, executives said on Wednesday, arguing that the private credit industry had been unfairly linked to the collapses. The failure of ...
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Paramount to lay off 2,000 employees shortly after its merger with Skydance

AP Business Writer (AP) — In long-awaited cuts just months after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about 2,000 employees. Paramount initiated roughly 1,000 of those layoffs company-wide on Wednesday, according to a source familiar with the ...
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Broadway stars emphasize ‘now is the time’ for all to act philanthropically at Town & Country summit

NEW YORK (AP) — Philanthropy isn’t so different from theater for Tony Award-winner Brian Stokes Mitchell. “Life is a collaborative art,” explained Mitchell, one of Broadway’s preeminent leading men for more than two decades and a leader who steered the industry’s support of performing arts ...
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CVS Health tops Q3 forecasts but absorbs hefty charge for struggling clinic business

CVS Health rode double-digit sales growth from drugstores and its pharmacy benefits management business to a better-than-expected third quarter. The health care giant also hiked its 2025 forecast well above Wall Street estimates. But it booked a nearly $6-billion charge in the quarter for scaling ...
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