UK’s WH Smith says it is exploring potential sale of high street arm
LONDON (Reuters) -British retailer WH Smith is exploring potential strategic options for its UK high street business, including a sale, it said on Saturday after media reports. The company was holding “secret talks” about the sale of its entire high…
Kia America to recall over 80,000 U.S. vehicles over improper air bag deployment from damaged wiring, NHTSA says
(Reuters) – Kia America is recalling 80,255 Niro EV, Plug-in Hybrid and Hybrid vehicles in the U.S. as air bags and seat belts that deploy improperly or an air bag deploying unintentionally can increase the risk of injury in a…
Google pushes global agenda to educate workers, lawmakers on AI
By Kenrick Cai SAN FRANCISCO – Alphabet’s (NASDAQ:GOOGL) Google, already facing an unprecedented regulatory onslaught, is looking to shape public perception and policies on artificial intelligence ahead of a global wave of AI regulation. A key priority, one executive told…
White House in talks to have Oracle, US investors take over TikTok, NPR reports
WASHINGTON (Reuters) -The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle (NYSE:ORCL) and a group of outside investors to effectively take control of the app’s global operations, National…
Bangladesh central bank hires ‘Big Four’ audit firms to review banks it says lost $17 billion, FT reports
(Reuters) – Bangladesh’s central bank has hired three “Big Four” accounting firms – EY, Deloitte and KPMG – to audit banks it says lost $17 billion to business people close to the regime of former leader Sheikh Hasina, the Financial…
Analysis-Trump’s high-wire act to transform US power grid won’t be easy
By Tim McLaughlin and Laila Kearney (Reuters) – President Donald Trump’s oversight of an increasingly unreliable U.S. power grid requires swift action, he said this week, but there is no easy fix for one of the grid’s most complex and…