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Hilton, Becerra lead in tight primary race for California governor

By Daniel Trotta June 3 (Reuters) - Republican television commentator Steve Hilton and Democratic former cabinet secretary Xavier Becerra held onto early leads in the open primary race for California governor on Wednesday, positioning them to potentially advance to the November 3 general election. With all ...
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Ford is recalling nearly 420,000 vehicles for a seat belt issue

Ford is recalling almost 420,000 vehicles because of a seat belt issue that may result in an injury if a crash occurs. The National Highway Traffic Safety Administration said in a report Tuesday that the recall includes certain Ford Expedition and Lincoln Navigator vehicles with ...
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Lahn’s win in GOP primary for Iowa governor is a setback for Trump that could signal MAHA strength

DES MOINES, Iowa (AP) - Businessman Zach Lahn's win in Iowa's Republican gubernatorial primary over President Donald Trump's pick, Rep. Randy Feenstra, delivered a rare electoral setback for Trump in a primary season that had previously handed him back-to-back victories. The narrow upset Tuesday revealed ...
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US retailers brace for bigger consumer stress test as war drags on

By Juveria Tabassum, Neil J Kanatt and Akriti Shah June 3 (Reuters) - With the Iran war stretching into its fourth month, U.S. retail companies that have so far banked on a resilient consumer could face a tougher road ahead as rising gas prices and ...
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ECB to ask banks for targeted measures to counter AI risk

FRANKFURT, June 3 (Reuters) - The European Central Bank met commercial lenders last week to discuss the potential threat from the newest artificial intelligence models and will follow up with demands for practical defence measures, board member Frank Elderson said. Rapidly advances in AI technology ...
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Analysis-High-profile Meta AI chatbot breach spotlights security risks of automation

By Deborah Mary Sophia and Jaspreet Singh June 3 (Reuters) - An Instagram hack that saw attackers talk Meta's AI support chatbot into handing over access to high-profile accounts has exposed a critical flaw at the heart of the company's push to automate sensitive user ...
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Analysis-AI building boom ripples through inflation-hit Treasury market

By Karen Brettell June 3 (Reuters) - The artificial-intelligence boom already has fueled a record stock-market surge. Now it's driving up long-term Treasury yields too. Meta Platforms, Oracle and other technology companies have raised $250 billion in debt markets globally this year, according to Morgan Stanley, ...
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When IPOs go wrong: SpaceX, AI firms face a delicate process

By Greg Bensinger SAN FRANCISCO, June 3 (Reuters) - Beware the ghosts of IPOs past. SpaceX and Anthropic are preparing for what may be the biggest public-market launches in U.S. history, with OpenAI rumored to be close behind. That will put the companies' chiefs in the ...
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Analysis-Guilty verdict against Andrew Left to shake up activist short-selling playbook

By Saqib Iqbal Ahmed and Michelle Price NEW YORK, June 3 (Reuters) - A U.S. jury's fraud conviction of prominent investor Andrew Left this week could rewrite the playbook for activist short sellers, raising fresh questions about the line between legitimate market activism and stock ...
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Analysis-US tech stocks’ market dominance reaches new heights and presents new risks

By Lewis Krauskopf NEW YORK, June 3 (Reuters) - The charge higher in U.S. technology stocks has made broader indexes as reliant as ever on the group - and more vulnerable should those market leaders trip up. With stunning gains over the past two months, the ...
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UK orders Google to allow publishers to opt out of AI scraping for search summaries

LONDON (AP) - Google must allow news sites to opt out of having their online content scraped to feed AI overviews and other artificial intelligence services and features for British users, regulators said Wednesday. The Competition and Markets Authority said it was ordering Google ...
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George Santos reported to prosecutors over suspicious Kalshi trades, AP source says

NEW YORK (AP) - A prediction market reported U.S. Rep. George Santos to federal prosecutors after he boasted he'd be going to President Donald Trump's State of the Union address, then bet against his own attendance, according to a person familiar with the investigation. Kalshi, ...
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