Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world

President Joe Biden is expected to sign legislation on Saturday to raise the debt ceiling, just two days before the U.S. Treasury warned that the country would struggle to pay its bills. The bipartisan measure, which was approved this week by the House and Senate, eliminates the potential for an unprecedented government default. “Passing this budget agreement was critical. The stakes could not have been higher," Biden said from the Oval Office on Friday evening. “Nothing would have been more catastrophic,” he said, than defaulting on the country's debt. The agreement was hashed out by Biden and House Speaker Kevin McCarthy, giving Republicans some of their demanded federal spending cuts but holding the line on major Democratic priorities. It raises the debt limit until 2025 — after the 2024 presidential election — and gives legislators budget targets for the next two years in hopes of assuring fiscal stability as the political season heats up. “No one got everything they wanted but the American people got what they needed,” Biden said, highlighting the “compromise and consensus” in the deal. “We averted an economic crisis and an economic collapse.” Biden used the opportunity to itemize the achievements of his first term as he runs for reelection, including support for high-tech manufacturing, infrastructure investments and financial incentives for fighting climate change. He also highlighted ways he blunted Republican efforts to roll back his agenda and achieve deeper cuts. “We’re cutting spending and bringing deficits down at the same time,” Biden said. “We're protecting important priorities from Social Security to Medicare to Medicaid to veterans to our transformational investments in infrastructure and clean energy.” Even as he pledged to continue working with Republicans, Biden also drew contrasts with the opposing party, particularly when it comes to raising taxes on the wealthy, something the Democratic president has sought. It’s something he suggested may need to wait until a second term. “I’m going to be coming back,” he said. “With your help, I’m going to win.” Biden's remarks were the most detailed comments from the Democratic president on the compromise he and his staff negotiated. He largely remained quiet publicly during the high-stakes talks, a decision that frustrated some members of his party but was intended to give space for both sides to reach a deal and for lawmakers to vote it to his desk. Biden praised McCarthy and his negotiators for operating in good faith, and all congressional leaders for ensuring swift passage of the legislation. “They acted responsibly, and put the good of the country ahead of politics,” he said. Overall, the 99-page bill restricts spending for the next two years and changes some policies, including imposing new work requirements for older Americans receiving food aid and greenlighting an Appalachian natural gas pipeline that many Democrats oppose. Some environmental rules were modified to help streamline approvals for infrastructure and energy projects — a move long sought by moderates in Congress. The Congressional Budget Office estimates it could actually expand total eligibility for federal food assistance, with the elimination of work requirements for veterans, homeless people and young people leaving foster care. The legislation also bolsters funds for defense and veterans, cuts back some new money for the Internal Revenue Service and rejects Biden’s call to roll back Trump-era tax breaks on corporations and the wealthy to help cover the nation’s deficits. But the White House said the IRS' plans to step up enforcement of tax laws for high-income earners and corporations would continue. The agreement imposes an automatic overall 1% cut to spending programs if Congress fails to approve its annual spending bills — a measure designed to pressure lawmakers of both parties to reach consensus before the end of the fiscal year in September. In both chambers, more Democrats backed the legislation than Republicans, but both parties were critical to its passage. In the Senate the tally was 63-36 including 46 Democrats and independents and 17 Republicans in favor, 31 Republicans along with four Democrats and one independent who caucuses with the Democrats opposed. The vote in the House was 314-117. ___ AP Congressional Correspondent Lisa Mascaro contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide FBI offers to show GOP chairman document that purports to relate to Biden, his family Republicans schedule 1st presidential debate for Aug. 23, but there's no guarantee Trump will attend DeSantis wraps up 1st early states tour as candidate with more personal touch in South Carolina

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President Volodymyr Zelensky said it was only a "matter of time" before Ukraine became an official Nato member as he met the defence bloc's chief in Kyiv. Kyiv has pushed to join Nato despite Russia's threat. Nato secretary-general Jens Stoltenberg reiterated on Thursday that Ukraine would be a member of the trans-Atlantic military alliance. He said the bloc would stand with Kyiv as long as it takes. Mr Stoltenberg met the war-time president in Kyiv to discuss the status of the ongoing Russian war, a day after Moscow accused Ukraine's allies of helping plan and conduct last week’s missile strike on the Black Sea Fleet’s headquarters in the annexed Crimean Peninsula. "We discussed strengthening Ukraine's air defence further in order to protect people from Russian terror," Mr Zelensky said in a post on social media X, describing Nato as a "de facto" ally. He added that Mr Stoltenberg agreed to make efforts to get the bloc members to provide additional air support to protect Ukraine’s power plants and energy infrastructure that were damaged by Russian attacks. The president said he reminded Mr Stoltenberg of the persistent drone, missile and artillery attacks that often strike residential areas. At least three women were killed in the street after artillery hit a residential area in Kherson in a fresh bout of Russian attack on residential places. “In the face of such intense attacks against Ukrainians, against our cities, our ports, which are crucial for global food security, we need a corresponding intensity of pressure on Russia and a strengthening of our air defence,” Mr Zelensky said. Nato has contracts for £2.08bn in ammunition for Ukraine, including 155 mm Howitzer shells, anti-tank guided missiles and tank ammunition, Mr Stoltenberg said. He continued: "The stronger Ukraine becomes, the closer we come to ending Russia’s aggression. “Russia could lay down arms and end its war today. Ukraine doesn’t have that option. Ukraine’s surrender would not mean peace. It would mean brutal Russian occupation. Peace at any price would be no peace at all.” Mr Zelensky separately met France’s defence minister Sebastien Lecornu to discuss the supply of weapons to Ukraine. Mr Lecornu brought a delegation with 20 representatives from French defence contractors who manufacture drones, robots, artillery, ammunition and employ artificial intelligence and cybertechnology. With agency inputs Read More Ukraine-Russia war – live: Putin’s strikes kill five in Kherson and Donetsk regions Ukraine war: British national killed in action while volunteering as medic Russian figure skater Kamila Valieva's Olympic doping case will resume for two more days in November The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary

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By Will Dunham (Reuters) -Alan Arkin, a versatile and prolific American actor who thrived in both comic and dramatic roles