06:16 AM EDT, 09/05/2024 (MT Newswires) -- Canfor ( CFPZF ) , a lumber and wood producer, overnight Wednesday announced the closure of its Plateau and Fort St. John operations in northern British Columbia and also the reduction of production at its southern U.S. operations. The company said closures were decided upon following a review of operating conditions, including the...

SAN FRANCISCO/NEW YORK (Reuters) - Ilya Sutskever, OpenAI's former chief scientist, has launched a new company called Safe Superintelligence (SSI), aiming to develop safe artificial intelligence systems that far surpass human capabilities. He and his co-founders outlined their plans for the startup in an exclusive interview with Reuters this week. Sutskever, 37, is one of the most influential technologists in...

LONDON (Reuters) -Oil prices firmed on Thursday, edging up from multi-month lows on a possible delay to output increases by OPEC+ producers and a decline in U.S. inventories, though the gains were capped by persisting demand concerns. Figures from the American Petroleum Institute (API) showed U.S. crude oil inventories fell by 7.431 million barrels last week, far exceeding the 1...

06:22 AM EDT, 09/05/2024 (MT Newswires) -- Verizon Communications ( VZ ) said Thursday it has agreed to acquire Frontier Communications Parent ( FYBR ) in an all-cash deal valued at $20 billion. Under the terms of the deal, Verizon will acquire Frontier Communications for $38.50 per share, representing a 43.7% premium over Frontier's 90-day volume-weighted average share price as...