PGA Tour calls deal ‘historic day’ for golf The agreement puts an end to disputes between the parties PGA Tour players are shocked by the surprise announcement Merger criticized by families of 9/11 victims June 6 (Reuters) – The golf world was stunned on Tuesday as the PGA Tour, DP World Tour and rival Saudi-backed … Read more
NEW YORK, June 6 (Reuters) – Merck & Co (MRK.N) sued the U.S. government on Tuesday, seeking to end Medicare’s drug price negotiation program contained in the Inflation Reduction Act (IRA), which , he says, violates the Fifth and First Amendments to the U.S. Constitution. This is the first attempt by a drugmaker to challenge … Read more
NEW YORK, June 6 (Reuters) – The U.S. Securities and Exchange Commission sued Coinbase (COIN.O) on Tuesday, accusing the largest U.S. cryptocurrency exchange of operating illegally because it failed to been registered with the regulator. The lawsuit is the SEC’s second in two days against a major crypto exchange, following its lawsuit against Binance, the … Read more
(Reuters) – (Editor’s note: This story contains language in paragraphs 5, 6 and 8 that readers may find offensive) Named partners at US law firm Barber Ranen have resigned after their former law firm Lewis Brisbois Bisgaard & Smith found dozens of emails showing the lawyers using racist, sexist, homophobic and anti-Semitic language during their … Read more
Credit Suisse to merge with UBS after deal closes New group will oversee $5 trillion in assets UBS CEO warned of painful decisions ahead UBS CEO: still analyzing plan for Credit Suisse’s domestic business UBS shares showed a slight rise in premarket ZURICH, June 5 (Reuters) – UBS (UBSG.S) plans to complete its takeover of … Read more
WASHINGTON, May 31 (Reuters) – A former employee of Amazon.com’s Ring doorbell camera unit spied on female customers for months in 2017 with cameras placed in bedrooms and bathrooms, said on Wednesday the Federal Trade Commission in a court filing when it announced a $5.8 million settlement with the company over privacy violations. Amazon also … Read more
NEW YORK, May 30 (Reuters) – U.S. prosecutors said on Monday they were opposing a motion by former cryptocurrency billionaire Sam Bankman-Fried to dismiss criminal charges accusing him of having stole billions of dollars from clients to make up for his hedge fund’s losses. Bankman-Fried, the 31-year-old founder of FTX Trading, pleaded not guilty in … Read more
OpenAI CEO rescinds earlier threat to leave Europe Dit had a productive week of AI regulation conversations European lawmakers criticized OpenAI’s threat zone May 26 (Reuters) – OpenAI has no plans to leave Europe, CEO Sam Altman said on Friday, reversing a threat made earlier this week to leave the region if it became too … Read more
(1/3) The logo of insurer Allianz SE is seen on the company’s building in Puteaux, in the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau /File Photo Lloyd’s of London is the latest of the six to leave NZIA UN group warns ‘political attacks’ hurt insurers … Read more
(1/2) A shopping cart is seen at a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. REUTERS/Brendan McDermid NEW YORK, May 23 (Reuters) – (This May 23 story has been edited to correct spelling of Carnell’s first name to Erik, from Eric, in paragraph 8) Target, which launched its Pride … Read more
