Judge sanctions lawyers for brief written by A.I. with fake citations
The lawyers were ordered to pay $5,000 by a New York federal judge after admitting the ChatGPT artificial intelligence tool was used to create a legal brief.
Fed Chair Powell says smaller banks likely will be exempt from higher capital requirements
Powell said Thursday that banks below $100 billion in assets won’t be affected by any new capital requirements.
Pfizer, GSK RSV shots for older adults may prevent thousands of hospitalizations, CDC analysis says
The CDC analysis suggests the shots will reduce the burden of RSV on hospitals in the fall.
AWS is investing $100 million in generative A.I. center in race to keep up with Microsoft and Google
Amazon’s cloud unit wants to show investors that it’s committed to generative artificial intelligence after blockbuster announcements from rivals.
Vice Media declares Fortress Investment Group the winning bidder in bankruptcy sale
Vice Media will be acquired by Fortress Investment Group and other creditors for $225 million.
Amazon Prime Day is coming up. Here’s how to snag the best deals
Amazon Prime Day kicks off July 11, with deep discounts on Amazon’s own devices as well as brands such as Peloton, Victoria’s Secret, Yeti and Sony.
Olive Garden parent earnings beat estimates, fueled by strong LongHorn Steakhouse sales
Darden’s Olive Garden had a weaker-than-expected quarter, but LongHorn Steakhouse reported strong same-store sales growth.
U.S. and India set to announce flurry of deals spanning defense, chips and A.I.
Modi and Biden are expected to sign agreements to reduce India’s reliance on Russian weapons. Other deals come as the U.S. adopts a “friend-shoring” strategy.
Republicans take the rare step of censuring Rep. Adam Schiff over Trump-era probes
Schiff, D-Calif., will be required to stand on the House floor and receive a formal reprimand. The resolution also directs the Ethics Committee to launch an investigation into Schiff.
