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OpenAI chief 'believes' Musk will not abuse government power
OpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions "profoundly un-American." "It would be profoundly un-American to use political power to hurt your competitors and advantage your own businesses."
Powell 'not concerned' US Fed would lose independence under Trump
Federal Reserve Chair Jerome Powell said Wednesday that he was "not concerned" the US central bank would lose its independence, despite President-elect Donald Trump's suggestion that he should have input into interest rate decisions.
Warhammer maker Games Workshop enters London's top stocks index
British company Games Workshop, makers of miniature wargames figures, entered London's top-tier FTSE 100 index, the London Stock Exchange announced Wednesday, propelled by the profitability of its Warhammer franchise and its licencing potential.
Trump names billionaire private astronaut as next NASA chief
Trump names billionaire private astronaut as next NASA chief
South America summit hopes to seal 'historic' trade deal with EU
Brazil, Argentina, Uruguay and Paraguay are hoping to announce a blockbuster trade deal with the European Union at a regional summit Friday after a push by Brussels to get the long-delayed accord over the line. The European Commission, however, has not announced any plans for its chief, Ursula Von der Leyen, to travel to the summit.
Trump taps Peter Navarro as trade, manufacturing counselor
US President-elect Donald Trump announced Wednesday that his former White House trade advisor Peter Navarro -- who went to prison for contempt of Congress -- would return as senior counselor for trade and manufacturing. The president-elect added that Navarro's "mission will be to help successfully advance and communicate the Trump Manufacturing, Tariff, and Trade Agendas."
Top US executive shot dead in New York City: media
The chief executive of one of the United States's largest health insurance companies, UnitedHealthcare, was shot and killed outside a New York Hilton hotel in an apparently targeted hit Wednesday, US media reported.
GM announces more than $5 bn hit to earnings in China venture
General Motors announced Wednesday it will book more than $5 billion in losses and write-downs due to the restructuring of its China joint-venture.
UK faces trade balancing act with Trump, EU
Donald Trump's presidential election victory is fuelling fears that Britain must choose between its "special relationship" with the United States and forging closer ties with the European Union regarding trade. Prime Minister Keir Starmer insists this is not the case and that Britain can have strong ties with the United States and the EU, its main trading partner despite fallout from Brexit.
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