News Center

Lufthansa management should be tougher with unions, says top investor Kuehne

Lufthansa management should be tougher with unions, says top investor Kuehne

BERLIN (Reuters) -Lufthansa’s management should be more vigorous in fending off resistance from labour representatives, top investor Klaus-Michael Kuehne was quoted as saying on Saturday, pointing to the airline group’s share price. Lufthansa is counting on lucrative transatlantic routes as it strives to revive its namesake core airline, bogged down by wage talks and high pay, and find new sou ...

2025-05-18 13:13:37
Wall Street advances on trade hopes, data shows investor pessimism

Wall Street advances on trade hopes, data shows investor pessimism

By Sinéad Carew and Pranav Kashyap (Reuters) -Wall Street’s main indexes rose on Friday for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in the week even as economic survey data showed a deterioration in consumer sentiment. The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan Surveys of C ...

2025-05-18 13:12:32
Musk’s xAI updates Grok chatbot after ’white genocide’ comments

Musk’s xAI updates Grok chatbot after ’white genocide’ comments

(Reuters) -Elon Musk’s xAI responded to widespread reports that its Grok chatbot made claims about a genocide against white citizens in South Africa, saying there had been an unauthorized change to the artificial intelligence bot. In a post on X on Thursday, xAI said it would update the system to address the problem. Issues of political biases, hate speech and accuracy of AI chatbots have been a ...

2025-05-18 13:11:05
Trump administration, reversing Biden, allows ’forced reset triggers’ for guns

Trump administration, reversing Biden, allows ’forced reset triggers’ for guns

By Nate Raymond (Reuters) -U.S. President Donald Trump’s administration agreed on Friday to permit the sale and possession of devices that let gun enthusiasts convert semiautomatic rifles into weapons that can shoot as fast as machine guns. The agreement came in a settlement announced by the Department of Justice resolving lawsuits brought under Trump’s Democratic predecessor, Joe Biden, after ...

2025-05-18 13:09:57