| | | | | | Top News | Senate hearings to probe unsafe housing of U.S. military families. The hearings come in response to a Reuters series that revealed a dark side of the U.S. Military Housing Privatization Initiative, the largest-ever corporate takeover of federal housing. Congress will hold hearings next month to ensure that “what we’re seeing now can never happen again,” said Michigan Democrat Gary Peters, a member of the Senate Armed Services Committee. | | The blast of arctic cold that hit the U.S. Midwest this week will linger, but it’s pushing east and losing much of its bite. Videos this week showed boiling water freezing as it was tossed in the air in Cedar Rapids, Iowa, and transit workers in Chicago setting fire to train tracks to keep them from locking up. | | U.S. lawmakers introduced legislation to limit the president’s power to levy import tariffs for national security reasons. The bills face an uncertain future but underscore bipartisan concerns on Capitol Hill over the rising costs of the Trump administration’s trade policies. | | | China | China and the United States take the lead in the global competition to dominate artificial intelligence (AI), according to a study by the U.N. World Intellectual Property Organization. The study found U.S. tech giant IBM had by far the biggest AI patent portfolio, with 8,920 patents, ahead of Microsoft with 5,930 and a group of mainly Japanese tech conglomerates. China accounted for 17 of the top 20 academic institutions involved in patenting AI. | | | | | | | | | | Business | Soothing sounds from the Federal Reserve propelled world stocks to their best January on record, although having scored stellar gains this time last year only to flop spectacularly, traders were trying not to get too carried away. 5 min read | | General Motors said late it will temporarily suspend operations at 11 Michigan plants and its Warren Tech Center after a utility made an emergency appeal to users to conserve natural gas during extreme winter cold. 3 Min Read | | Tesla’s chief financial officer will leave the company as the automaker promised cheaper Model 3 sedans, the launch of Chinese production this year and profits in every quarter in 2019. 5 min read | | | | | | | | Top Stories on Reuters TV | | | | | | | |