Exclusive: Rapper Travis Scott faces possible criminal charges for Texas mob crush

Exclusive: Rapper Travis Scott faces possible criminal charges for Texas mob crush

(1/2)The 76th Cannes Film Festival – Screening of out-of-competition ‘The Idol’ television series – Red Carpet Arrivals – Cannes, France, May 22, 2023. Travis Scott poses. REUTERS/Sarah Meyssonnier/File Photo June 29 (Reuters) – A Texas grand jury meets on Thursday to weigh possible criminal charges against rapper Travis Scott and others for a 2021 crowd … Read more

FTX sues ex-Clinton aide’s investment firm for $700 million

FTX sues ex-Clinton aide’s investment firm for 0 million

NEW YORK, June 22 (Reuters) – (This story from June 22 has been reposted to correct spelling of “Hillary” in paragraph 1) Bankrupt crypto exchange FTX on Thursday sued a former aide to Hillary Clinton and the former aide’s investment firm, seeking to recover $700 million in investments allegedly made with embezzled FTX funds. FTX … Read more

Amazon tricked millions of consumers into signing up for Prime, US FTC says

Amazon tricked millions of consumers into signing up for Prime, US FTC says

WASHINGTON, June 21 (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Amazon.com (AMZN.O) of signing up millions of consumers to its paid subscription service Amazon Prime without their consent and of making difficult to cancel them, the agency said. latest action against the e-commerce giant in recent weeks. The FTC sued Amazon in … Read more

Health insurers have come under fire after UnitedHealth says more surgeries are driving up costs

Health insurers have come under fire after UnitedHealth says more surgeries are driving up costs

(1/2) The UnitedHealth Group corporate logo is seen on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake/File Photo/File Photo June 14 (Reuters) – Shares of health insurers fell sharply on Wednesday after UnitedHealth Group (UNH.N) said its costs were up due to an increase in … Read more

US judge temporarily blocks Microsoft’s acquisition of Activision

US judge temporarily blocks Microsoft’s acquisition of Activision

WASHINGTON, June 13 (Reuters) – A U.S. judge granted a Federal Trade Commission (FTC) request on Tuesday evening to temporarily block Microsoft Corp’s (MSFT.O) acquisition of video game maker Activision Blizzard (ATVI. O) and schedule a hearing next week. U.S. District Judge Edward Davila has scheduled a two-day hearing on the FTC’s request for a … Read more

Amber Heard finally pays Johnny Depp a $1 million settlement she owed after their bitter legal battle

Amber Heard finally pays Johnny Depp a  million settlement she owed after their bitter legal battle

Amber Heard has finally paid Johnny Depp the $1million settlement she owed him after their bitter legal battle – as the Pirates of the Caribbean star pledges to split it five ways among his favorite charities. Depp and his ex-wife finally settled their libel claims against each other in December after five years of furious … Read more

US FTC asks court to block Microsoft’s acquisition of Activision

US FTC asks court to block Microsoft’s acquisition of Activision

June 12 (Reuters) – The Federal Trade Commission on Monday asked a court to temporarily block the acquisition of Activision Blizzard (ATVI.O) by Microsoft Corp (MSFT.O), seeking to prevent the deal from closing before the government’s lawsuit against the $69 billion. agreement is heard. The FTC said Microsoft and Activision signaled the deal could close … Read more

UBS completes the acquisition of Credit Suisse and becomes the wealth management giant

UBS completes the acquisition of Credit Suisse and becomes the wealth management giant

Just over a fifth of UBS executives will come from Credit Suisse Bank’s demise exposed regulatory loopholes and panic risks ZURICH, June 12 (Reuters) – UBS (UBSG.S) completed its emergency takeover of struggling local rival Credit Suisse (CSGN.S) on Monday, forging a Swiss banking and asset management giant fortune with a balance sheet of $1.6 … Read more

Nasdaq deepens fintech push with $10.5 billion deal with Adenza

Nasdaq deepens fintech push with .5 billion deal with Adenza

PE giant Thoma Bravo to take nearly 15% of Nasdaq Nasdaq shares fall 10% in morning trade The deal consists of $5.75 billion in cash and 85.6 million Nasdaq shares June 12 (Reuters) – Nasdaq (NDAQ.O) said on Monday it would buy software company Adenza, owned by Thoma Bravo, for $10.5 billion in the operator’s … Read more

Ex-Samsung Elec executive accused of stealing secrets for Chinese chip factory

Ex-Samsung Elec executive accused of stealing secrets for Chinese chip factory

SEOUL, June 12 (Reuters) – A former Samsung Electronics (005930.KS) executive in South Korea was charged on Monday with stealing the company’s technology for a copycat chip factory in China and endangering security national economy, prosecutors said. South Korea is a chip-making powerhouse, increasingly squeezed by the geopolitical and economic rivalry between the United States … Read more