TUE 29 SEPMorning12:41 PM

Back to the brief

BIZCNBC

El Pollo Loco to open first New York restaurant as it aims to become national chicken chain

Photo: Getty Images

El Pollo Loco will open its first New York City restaurant next year in Queens as it aims to become a national chicken chain.

Read the original report

Opens CNBC in a new tab

BIZThe Guardian

US ban on Canadian imports likely to weaken already fragile relationship

It marks another ratcheting up of Trump’s trade war and affects nearly $1bn in imports of a $880bn trade relationship US- Canada relations, already tense, are likely to deteriorate further after the United States went ahead early on Tuesday with a decision to ban nearly $1bn worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles. The ban amounts to barely a ripple in $880bn worth of annual two-way trade between the two northern neighbors. But it marks another ratcheting up of Donald Trump ’s second-term trade war with…

BIZThe Guardian

Anthropic ‘warns of existential AI risks to humanity’ in IPO document

Reported admission to investors of AI’s ‘self-preserving behaviours’ comes as company prepares for a potential $2tn flotation Anthropic is telling investors that advanced AI could pose “catastrophic or existential risks to humanity”, according to reports, as it prepares for a potential $2tn (£1.5tn) flotation. The warning inside the startup’s IPO prospectus, which has yet to be made public, was reported by Reuters and the Financial Times. It follows the company’s call for a slowdown in breakneck development of the technology – a warning echoed by rivals…