08:53 AM EST, 01/24/2025 (MT Newswires) -- (Updates with Meta's comment in the third paragraph.) Meta's (META) AI chatbot incorrectly identifying Joe Biden as the current president of the United States, despite Donald Trump's recent inauguration, was elevated to urgent status this week, requiring a fast fix, Reuters reported Friday, citing an unnamed person familiar with the issue. The report...

08:56 AM EST, 01/24/2025 (MT Newswires) -- Consumer stocks were mixed premarket Friday with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.3% higher recently. Costco Wholesale ( COST ) shareholders have voted against a shareholder proposal requesting the company to report on the risks of maintaining its diversity,...

08:52 AM EST, 01/24/2025 (MT Newswires) -- Semler Scientific ( SMLR ) said Friday it has priced its $85 million private offering of 4.25% convertible senior notes due 2030, up from the initially planned $75 million. The initial conversion rate of the notes will be 13.0826 shares per $1,000 principal amount of the notes, equivalent to an initial conversion price...

08:56 AM EST, 01/24/2025 (MT Newswires) -- Arcos Dorados Holdings ( ARCO ) said that $136.1 million of about $386 million outstanding 5.875% notes due 2027 have been tendered as part of a Jan. 15 debt repurchase offer that expired on Thursday. The offer is expected to settle next Wednesday, the company said. ...