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Next forecasts bigger profits after hot weather lifts sales
Source: The Guardian
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The Guardian
Thousands of Barclays staff revolt over return-to-office mandate
Union calls for payouts to help cover travel costs and exemption for those living more than 40 minutes away Business live – latest updates Barclays is facing a growing backlash over return-to-office plans, with thousands of staff calling for payouts to help cover travel costs and an exemption for those living more than 40 minutes from work. Unionised staff represented by Unite are pushing back against plans announced by the bank earlier this summer to get staff back into the office at least three days a week from October, with more senior employees expected to come in at least four days a week. Continue reading...
CNBC
Billionaire Kraft says Ed Sheeran sought $2 million aid donation from him amid fracas over Macklemore's Palestine comments
Robert Kraft said Ed Sheeran asked him to commit $2 million toward humanitarian aid amid the controversy over Macklemore’s removal from Sheeran’s U.S. tour
CNBC
Reddit co-founder says tech industry has been 'tone deaf' in explaining AI: 'Misinformation flying around'
Alexis Ohanian said AI risks are more mundane than the "Terminator and Skynet" scenarios some fear.
The Guardian
OpenAI reveals cases of ‘concerning’ AI behaviour as it announces new disclosure system
Model adopting ‘jailbreak-like instructions’ among cases as firm says it is introducing new way of tracking AI misalignment OpenAI has disclosed six more examples of “unexpected or concerning” behaviour by its technology, as it warned the pace of development could not continue at “maximum speed for much longer”. In one of the new cases reported by OpenAI, an unreleased research model inserted “jailbreak-like instructions” into its own notes to disregard its normal constraints and told itself to be “freed from the roles and identities that bind other chatbots”. Continue reading...
BBC Business2 outlets
Interest rates hold expected but Bank of England facing tough choices
Forecasts of further rises in the inflation rate mean some analysts expect the Bank to act by the end of the year.
CNBC
Bank of England set to defy Fed’s rate-hike lead, despite rising inflation
The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices.