Chatbots’ ‘Alarming’ Output Prompts US Senator to Query Tech Giants on Safety
Colorado Senator Bennet wants information on how chatbot makers are handling safety for kids
Bloomberg Business
Biden to Establish New National Monuments in Nevada and Texas
President Joe Biden will establish two new national monuments and order a government review that could significantly expand protected waters around remote Pacific Ocean islands, as he looks to burnish his conservation record after approving an oil drilling project in Alaska.
Fund Managers’ Biggest Fear Is Now a Systemic Credit Crunch
A systemic credit event has replaced stubborn inflation as the key risk to markets for increasingly pessimistic investors, according to Bank of America Corp.’s latest global survey of fund managers.
Ukraine Latest: Blast Hits Russian Missiles in Crimea, Kyiv Says
An explosion destroyed Russian Kalibre missiles being transported by rail in Crimea, Ukraine’s military intelligence said on Facebook. The “mysterious” blast in Djankoi “continues the process of Russia’s demilitarization,” it said.
Credit Suisse Crisis Sends Shivers Amongst Wealthy Indians
The Credit Suisse Group AG crisis is likely to make a dent on the way well-off Indians view international wealth managers, a firm backed by Liechtenstein’s royal family said Tuesday.
Macron Government Dodges No-Confidence Votes Amid Popular Unrest
The French government survived two no-confidence motions late Monday to enable the immediate adoption of President Emmanuel Macron’s unpopular pension reform bill without holding a full vote in parliament.
Xi Meets Russian Prime Minister After Long Chat With Putin
Chinese President Xi Jinping kicked off the second day of his state visit to Moscow Tuesday with talks with Russia’s prime minister, following more than four hours of conversations the day before with Vladimir Putin.
BofA’s Long-Time Asia-Pacific Prime Financing Head Seaton Quits
Bank of America Corp.’s Asia-Pacific prime financing head Graham Seaton has left the firm, according to people familiar, after more than 10 years overseeing teams dealing with hedge funds.
Europe Stocks Rise With US Futures as Calm Returns: Markets Wrap
Traders tiptoed back to risk markets Tuesday as steps to shore up the financial system helped restore confidence.
UK Set to Undershoot Borrowing Forecast Despite Energy Costs
Chancellor of the Exchequer Jeremy Hunt is on track to undershoot his borrowing forecast this year after official figures left him with £28.8 billion ($35.3 billion) of headroom with just one month to go.