News
Important Only
Hedge Fund Two Sigma's billionaire founders head to arbitration, Bloomberg News reports
Jan 9 (Reuters) - Two Sigma Investments' billionaire founders, John Overdeck and David Siegel, are heading to arbitration after a longstanding feud over the direction of the quant hedge fund, Bloomberg News reported on Thursday. Two Sigma disclosed the arbitration and a pair of executive departures ...Reuters
Thu, Jan 9
CES-Trump's tariff threat spurs auto suppliers to rethink production plans
Adds analyst comment, paragraph 12Auto suppliers consider moving production closer to U.S. due to tariffsBosch and Continental explore localizing production to avoid tariffsPanasonic aims to eliminate Chinese content from U.S.-made batteriesBy Abhirup Roy LAS VEGAS, Jan 9 (Reuters) - Global auto ...Reuters
Thu, Jan 9
BRIEF-Fidelity stake in Brazil's Localiza reaches 5.45%
Jan 9 (Reuters) - Localiza Rent a Car SA RENT3.SA:FIDELITY STAKE IN THE COMPANY REACHED 5.45% - FILINGSource text: ID:nBVSQ9wj4aFurther company coverage: RENT3.SA (Reporting by Sao Paulo newsroom) ((Andre.Romani@thomsonreuters.com;))Reuters
Thu, Jan 9
MEDIA-Defense startup Epirus in talks to raise upto $200 mln at $1 bln valuation - Bloomberg News
-- Source link: https://tinyurl.com/2yxdcwyh-- Note: Reuters has not verified this story and does not vouch for its accuracy ((Bengaluru newsroom, globalnewsmonitoring@thomsonreuters.com))Reuters
Thu, Jan 9
Department store operator Macy's to close certain stores across US
Jan 9 (Reuters) - Department store operator Macy's M.N said on Thursday it will close 66 "non-go-forward" store locations as part of a strategy it announced last year. (Reporting by Vallari Srivastava in Bengaluru) ((Srivastava.Vallari@thomsonreuters.com;))Reuters
Thu, Jan 9
Boeing donating $1 million to Trump presidential inaugural fund, spokesperson says
WASHINGTON, Jan 9 (Reuters) - Boeing BA.N is donating $1 million to U.S. President-elect Donald Trump's inauguration, a spokesperson for the U.S. planemaker said on Thursday.Boeing is joining many major U.S. companies including General Motors GM.N, Ford F.N, Microsoft MSFT.O and Meta META.O in donat...Reuters
Thu, Jan 9
THE DAY AHEAD-Canada, January 10
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Thu, Jan 9
US calls for halt to harassment of Venezuela opposition
WASHINGTON, Jan 9 (Reuters) - The White House on Thursday called for a halt to what it described as Venezuelan President Nicolas Maduro and his representatives' harassment of the political opposition, in response to the detention of opposition leader Maria Corina Machado."We have and continue to con...Reuters
Thu, Jan 9
UPDATE 3-US Senate Democrats help advance Republican bill on migrants accused of crimes
Legislation clears first procedural hurdle with Democrats supportingDemocratic support needed for passage is increasing Several Democrats seen demanding changes to Republican billAdds Senate vote advancing bill to debate, Senator Britt commentBy Richard Cowan and Bo Erickson WASHINGTON, Jan 9 (Re...Reuters
Thu, Jan 9
UPDATE 1-Staffing firm sues rivals for treating workers as independent contractors
Adds Instawork statement in paragraph 5By Daniel Wiessner Jan 9 (Reuters) - A hospitality staffing firm has filed a novel lawsuit accusing several competitors of misclassifying their workers as independent contractors, who are cheaper than employees, in order to gain a competitive advantage.In a ...Reuters
Thu, Jan 9
US law firm Skadden opens in Middle East with Abu Dhabi launch
By David Thomas Jan 9 (Reuters) - U.S. law firm Skadden, Arps, Slate, Meagher & Flom on Thursday said it has opened an office in Abu Dhabi, following other companies that have set up shop in the oil-rich emirate's designated financial center in recent years.Michael Hilton will lead the Abu Dhabi ...Reuters
Thu, Jan 9
BRIEF-Qiagen Secures U.S. Clearance For First Qiastat-Dx Mini Gastrointestinal Panel To Support Year-Round Outpatient Care
Jan 9 (Reuters) - Qiagen NV QIA.DE:QIAGEN SECURES U.S. CLEARANCE FOR FIRST QIASTAT-DX MINI GASTROINTESTINAL PANEL TO SUPPORT YEAR-ROUND OUTPATIENT CARESource text: ID:nBwSdrfhaFurther company coverage: QIA.DE ((reuters.briefs@thomsonreuters.com;))Reuters
Thu, Jan 9
Edison International, other utilities to trade at discount on fire risk, analysts say
Jan 9 (Reuters) - Edison International EIX.N and other utilities are expected to trade at a wider discount to the benchmark S&P 500 utilities index .SPLRCU than before as wildfires burning across California underscore the risks of natural disasters on their businesses, Jefferies analysts said in a n...Reuters
Thu, Jan 9
Fox must face Smartmatic $2.7 billion defamation lawsuit, NY appeals court rules
NEW YORK, Jan 9 (Reuters) - A New York state appeals court on Thursday rejected Fox's FOXA.O bid to dismiss a $2.7 billion defamation lawsuit by voting machine company Smartmatic over statements made on air following the 2020 U.S. presidential election.The decision was issued by a five-judge panel o...Reuters
Thu, Jan 9
BRIEF-Vittorio Valsecchi Acquires Securities In Prospera Energy Inc.
Jan 9 (Reuters) - Prospera Energy Inc PEI.V:VITTORIO VALSECCHI ACQUIRES SECURITIES IN PROSPERA ENERGY INC.PROSPERA ENERGY INC - ON JAN 7, VITTORIO VALSECCHI ACQUIRES 1.2 MILLION SHARES OF PROSPERA ENERGYSource text: ID:nCNW55gGgaFurther company coverage: PEI.VReuters
Thu, Jan 9
UPDATE 2-Airbus keeps top spot with 766 jet deliveries in 2024
Airbus narrowly misses delivery target due to supply chain issuesBoeing's cautious recovery leaves gap in deliveriesAirbus faces pressure in aerospace supply chains, aims for production increaseAdds analyst comment, paragraph 3, details starting in paragraph 8 PARIS, Jan 9 (Reuters) - Airbus AIR....Reuters
Thu, Jan 9
Health Rounds: Eligibility criteria limits minority patient access to precision cancer drugs
Health Rounds is published on Tuesdays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here.By Nancy LapidJan 9 (Reuters) - Hello, Health Rounds Readers! We once again return to the theme of racial inequities in U.S. health...Reuters
Thu, Jan 9
UPDATE 1-Trump shakes hands with Pence, engages Obama at Carter funeral
Adds detail about Karen Pence, Michelle ObamaBy Stephanie Kelly WASHINGTON, Jan 9 (Reuters) - U.S. President-elect Donald Trump greeted and shook hands on Thursday with his estranged former vice president Mike Pence, as current and former administrations gathered at the funeral of former Presiden...Reuters
Thu, Jan 9
UPDATE 2-Musk hosts German far-right leader on X, stirs angst about election meddling
Adds comments by Musk and AfD leader, paragraphs 2-6, 12 and 16Musk increasingly vocal in support of Europe's far rightPair agree AfD is censored, slam energy, migration policiesWeidel labels Hitler a CommunistEU grappling with how to respond to Musk political activityGerman parliament probes suspec...Reuters
Thu, Jan 9
UPDATE 1-DirecTV challenges dismissal of Fubo's claims against Venu Sports
Adds comment requests in paragraph 7 Jan 9 (Reuters) - U.S. satellite TV provider DirecTV on Thursday challenged a dismissal of FuboTV's FUBO.N lawsuit against Venu Sports, the streaming service planned by Walt Disney DIS.N, Fox Corp FOXA.O and Warner Bros Discovery Inc WBD.O, saying it does not ...Reuters
Thu, Jan 9
Meta knew it used pirated books to train AI, authors say
By Blake Brittain Jan 9 (Reuters) - Meta Platforms META.O used pirated versions of copyrighted books to train its artificial intelligence systems with approval from its CEO Mark Zuckerberg, a group of authors alleged in newly disclosed court papers. Ta-Nehisi Coates, comedian Sarah Silverman and ...Reuters
Thu, Jan 9
Inside Debt - January 9
To access a PDF version of this newsletter, please click here You can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-page For an index of our newsletters click ...Reuters
Thu, Jan 9
UPDATE 1-US Senate planning Jan. 16 hearing for Trump Treasury pick Bessent, Politico reports
Adds comment from committee spokesperson, details on Bessent, from second paragraph WASHINGTON, Jan 9 (Reuters) - The U.S. Senate Finance Committee is planning a Jan. 16 hearing on President-elect Donald Trump's nominee to lead the U.S. Treasury Department, Scott Bessent, Politico reported on Thu...Reuters
Thu, Jan 9
BlackRock quits climate group in Wall Street's latest environmental step-back
BlackRock cites legal inquiries for leaving NZAMIRepublicans criticize climate efforts as 'woke capital'BlackRock's exit may influence other asset managersBy Ross Kerber Jan 9 (Reuters) - BlackRock BLK.N, the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Manager...Reuters
Thu, Jan 9