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Calpers weighs vote against Exxon CEO, FT reports

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(Reuters) – Calpers, the U.S.’s biggest public pension plan, is considering a vote against ExxonMobil chief executive Darren Woods’ re-election to the company board, the Financial Times reported on Friday. (Reporting by Kanjyik Ghosh;Editing by Nivedita Bhattacharjee) Brought to... Read More.

Morning Bid: Rate cut hopes fan risk rally

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A look at the day ahead in European and global markets from Ankur Banerjee Investors are wearing their risk-on hats ahead of the weekend as renewed hopes of monetary easing take hold, a day after the Bank of England opened the door to rate cuts,... Read More.

California is testing new generative AI tools. Here’s what to know

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SACRAMENTO, Calif. (AP) — Generative artificial intelligence tools will soon be used by California’s government. Democratic Gov. Gavin Newsom’s administration announced Thursday the state will partner with five companies to develop and test generative AI tools that could improve public service. California is among... Read More.

Japanese game maker Sega Sammy sells resort to US fund

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TOKYO (AP) — Sega Sammy is selling its resort complex Seagaia to Fortress Investment Group of the U.S., the Japanese entertainment company said Friday. Tokyo-based Sega Sammy Holdings, the company behind the “Sonic the Hedgehog” video games, said it will sell all its shares in... Read More.
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