By Jody Godoy (Reuters) -The U.S. Securities and Exchange Commission dropped claims against two Ripple Labs executives in its lawsuit alleging the blockchain company violated U.S. securities law, according to …
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MILAN (Reuters) – The U.S. funds CalSTRS and New York City Comptroller said on Thursday they would vote in favour of the outgoing board’s slate of nominees for the new …
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By Joseph White DETROIT (Reuters) -The United Auto Workers and the Detroit Three automakers are stuck in a standoff over wages and union representation at future electric vehicle battery plants, …
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By Aditya Soni and Akash Sriram (Reuters) – Elon Musk’s warning that high interest rates could sap electric-vehicle demand knocked shares of the sector on Thursday, with some analysts questioning …
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(Reuters) -Walgreens Boots Alliance has agreed to pay $192.5 million to settle a class action lawsuit by investors in Rite Aid who accused Walgreens of misleading them in 2017 about …
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By Stephen Culp NEW YORK (Reuters) – U.S. stocks slid and 10-year U.S. Treasury yields reached a 16-year high after U.S. Federal Reserve Chairman Jerome Powell said that additional interest …
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By Mimosa Spencer PARIS (Reuters) -L’Oreal reported a brisk rise in third quarter sales on Thursday, lifted by growth in Europe and an acceleration in the United States, but missed …
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By Helen Coster NEW YORK (Reuters) -You may never have to read another news story in your life, if you have artificial intelligence that can digest all the web’s information …
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By Charlotte Van Campenhout and Bart H. Meijer BRUSSELS (Reuters) -Meta and TikTok have been given a week by the European Commission to provide details on measures taken to counter …
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By Foo Yun Chee BRUSSELS (Reuters) – U.S. pharmaceutical company Pfizer gained unconditional EU antitrust approval on Thursday for its proposed $43 billion acquisition of cancer drug maker Seagen. Pfizer …
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By Douglas Gillison (Reuters) -U.S. consumers would be able to more easily transfer their data between financial services providers under a long-awaited Consumer Financial Protection Bureau (CFPB) proposal unveiled on …
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By Howard Schneider and Michael S. Derby NEW YORK (Reuters) -The U.S. economy’s strength and continued tight labor markets could require still tougher borrowing conditions to control inflation, Fed Chair …
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By Karen Brettell NEW YORK (Reuters) – The dollar dropped on Thursday after Federal Reserve Chair Jerome Powell was interpreted as being generally dovish in comments made at an economic …
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By Luc Cohen NEW YORK (Reuters) -Cryptocurrency exchange FTX’s former top lawyer testified on Thursday that its founder Sam Bankman-Fried asked him to come up with “legal justifications” for why …
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By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a nine-month low last week, indicating that strong job growth persisted in …
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By Laura Sanicola (Reuters) -Oil prices settled higher on Thursday as traders remained nervous that Israel’s military campaign in Gaza could escalate to a regional conflict. Brent futures for December …
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By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. economy’s strength and continued tight labor markets could warrant further Federal Reserve interest rate increases, Fed Chair Jerome Powell said on …
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By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Streaming pioneer Netflix showed resilience by gaining more quarterly subscribers than in the past three years despite strikes by Hollywood’s writers …
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By Ananta Agarwal and Amna Karimi (Reuters) -Union Pacific is re-negotiating some contracts to account for inflationary pressures, the railroad operator said on Thursday, and warned that it was beginning …
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By Blake Brittain (Reuters) – Music publishers Universal Music, ABKCO and Concord sued artificial intelligence company Anthropic in Tennessee federal court on Wednesday, accusing it of misusing an “innumerable” amount …
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By Divya Rajagopal and Neha Arora TORONTO (Reuters) -Japan’s JFE Steel Corp is in talks to buy a stake in the metallurgical coal business of Canada’s Teck Resources, two people …
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(Reuters) -New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly “defrauding” investors of more than …
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By Mike Scarcella (Reuters) – Amazon.com has denied duping millions of subscribers to its Amazon Prime service, asking a U.S. judge in Seattle to dismiss a Federal Trade Commission lawsuit …
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SAO PAULO (Reuters) – American Airlines has placed a firm order for four Embraer E175 jets to fly with its subsidiary Envoy Air, the Brazilian planemaker said on Thursday, marking …
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By Timothy Gardner WASHINGTON (Reuters) -President Joe Biden’s administration on Wednesday announced $3.5 billion in grants for projects to protect the aging U.S. power grid from extreme weather and fires …