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BREAKINGVIEWS-Los Angeles fires expose inflated US home prices
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Robert Cyran NEW YORK, Jan 9 (Reuters Breakingviews) - Uncontained Los Angeles wildfires point to housing-market problems nationwide. Devastation around the second-biggest U.S. city, including the upscale Paci...Reuters
Thu, Jan 9
New York will give new bar exam in July 2028
By Karen Sloan Jan 9 (Reuters) - New York said on Wednesday that it will use a new version of the bar exam for lawyers' admission to practice starting in July 2028. The revamped bar exam, developed by the National Conference of Bar Examiners, will become the licensing test for about 14,000 law sc...Reuters
Thu, Jan 9
Airbus jetmaking boss says output goal reachable but work ahead
PARIS, Jan 9 (Reuters) - Airbus AIR.PA remains confident it can achieve a target of producing 75 single-aisle A320-family jets a month in 2027 but there is more work to be done in fixing supply chains, the CEO of its jetmaking business, Christian Scherer, said on Thursday.Supplies of engines, interi...Reuters
Thu, Jan 9
Law firms wrangle over fees from $2.7 bln Blue Cross Blue Shield settlement
By David Thomas and Mike Scarcella Jan 9 (Reuters) - Nearly five years after Blue Cross Blue Shield agreed to pay $2.7 billion in one of the largest U.S. antitrust class action settlements ever, a handful of law firms involved in the case are still fighting over their share of the attorney fees. ...Reuters
Thu, Jan 9
UPDATE 2-Southwest Airlines' CFO Tammy Romo to retire on April 1
Adds background, details from the statement, additional executive departure in paragraphs 3-6 Jan 9 (Reuters) - Southwest Airlines LUV.N on Thursday said Executive Vice President and Chief Financial Officer Tammy Romo will retire from the role effective April 1, after more than three decades with...Reuters
Thu, Jan 9
Democratic US Senator Fetterman accepts invitation to meet Trump
WASHINGTON, Jan 9 (Reuters) - Democratic U.S. Senator John Fetterman said on Thursday he had accepted an invitation to meet with Donald Trump, and CBS News reported that the meeting would take place at the Republican president-elect's Florida residence."President Trump invited me to meet, and I acce...Reuters
Thu, Jan 9
Tennis-Djokovic says he was 'poisoned' during 2022 Melbourne detention
Jan 9 (Reuters) - Novak Djokovic was "poisoned" by the food he ingested while detained during his 2022 Australian Open visa saga, the former world number one told GQ in an interview released on Thursday.The Serbian 24-times major winner had his visa cancelled ahead of the tournament following days o...Reuters
Thu, Jan 9
US RESEARCH ROUNDUP-Accolade, Costco Wholesale, RH
Jan 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Accolade, Costco Wholesale and RH on Thursday. HIGHLIGHTS * Accolade Inc ACCD.O: Needham cuts to hold from buy * Autozone Inc. AZO.N: Barclays raises target pr...Reuters
Thu, Jan 9
Google's ties to outside backers questioned in Epic Games appeal
By Mike Scarcella Jan 9 (Reuters) - Organizations backing Google in an antitrust case brought by “Fortnite” maker Epic Games should not be allowed to obscure their financial ties to the Alphabet GOOGL.O unit, the 9th Circuit U.S. Court of Appeals heard this week.Amicus briefs — third-party submis...Reuters
Thu, Jan 9
DirecTV challenges dismissal of Fubo's claims against Venu Sports
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, Fox and Warner Bros Discovery, saying it does not resolve antitrust issues around the joint venture. DirecTV's cha...Reuters
Thu, Jan 9
BREAKINGVIEWS-Fact-check: Meta fights for money, not speech
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Jennifer Saba NEW YORK, Jan 9 (Reuters Breakingviews) - Mark Zuckerberg is more interested in the bottom line than the First Amendment. The Meta Platforms META.O boss touted “free expression” as the motivating...Reuters
Thu, Jan 9
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
Insurance costs in one of the most expensive U.S. neighborhoods are relatively lowTight regulations keep prices down but discourage insurersInsurance costs more in New Orleans' Lower Ninth WardBy Andy Sullivan Jan 9 - The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the mo...Reuters
Thu, Jan 9
Soccer-Man United's Diallo signs contract extension
MANCHESTER, England, Jan 9 (Reuters) - Manchester United forward Amad Diallo on Thursday signed a contract extension that will keep him with the Premier League club until 2030.The 22-year-old Ivory Coast international has shone this season with six goals and seven assists, including a late winner ag...Reuters
Thu, Jan 9
UPDATE 1-US to finalize Chinese vehicle crackdown rules next week, Raimondo says
Adds more details, background, comments in paragraphs 3-10By David Shepardson WASHINGTON, Jan 9 (Reuters) - President Joe Biden's outgoing administration plans to finalize rules next week cracking down on Chinese vehicle software and hardware, U.S. Commerce Secretary Gina Raimondo told Reuter...Reuters
Thu, Jan 9
BRIEF-Elon Musk Calls On California And Delaware To Force Auction Of OpenAI Stake- Ft
Jan 9 (Reuters) - ELON MUSK CALLS ON CALIFORNIA AND DELAWARE TO FORCE AUCTION OF OPENAI STAKE- FTSource text: https://tinyurl.com/2brtb7puFurther company coverage: MSFT.O ((Reuters.Briefs@thomsonreuters.com;;))Reuters
Thu, Jan 9
BRIEF-IGM Biosciences Reduces Its Workforce By 73%
Jan 9 (Reuters) - IGM Biosciences Inc IGMS.O:IGM BIOSCIENCES PROVIDES STRATEGIC UPDATE ON AUTOIMMUNITY PIPELINE PROGRAMSIGM BIOSCIENCES INC -COMPANY REDUCING ITS WORKFORCE BY 73%IGM BIOSCIENCES INC -COMPANY HALTING FURTHER DEVELOPMENT OF IMVOTAMAB (CD20 X CD3) AND IGM-2644 (CD38 X CD3)IGM BIOSCIENCE...Reuters
Thu, Jan 9
Staffing firm sues rivals for treating workers as independent contractors
By 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 complaint filed in California state cou...Reuters
Thu, Jan 9
US politics newsletter - Embracing expansionism
By Steve Holland Jan 9 (Reuters) - During a wide-ranging news conference at Mar-a-Lago this week, President-elect Donald Trump spoke of his desire to expand the U.S. sphere of influence from the Arctic to the tropics and to rename the Gulf of Mexico as the Gulf of America – the latest sign that h...Reuters
Thu, Jan 9
Kroger to pay $110 million to resolve Kentucky lawsuit over opioid epidemic
By Nate Raymond Jan 9 (Reuters) - Kroger has agreed to pay $110 million to resolve a lawsuit by the state of Kentucky alleging the supermarket chain's pharmacies helped fuel a deadly opioid epidemic by flooding its communities with hundreds of millions of doses of addictive painkillers.The settle...Reuters
Thu, Jan 9
Soccer-'I'm staying home!' - Brazilian Marta extends stay at NWSL's Pride
NEW YORK, Jan 9 (Reuters) - Brazilian striker Marta is adding another two years to her club career with NWSL team Orlando Pride despite widespread speculation she would be hanging up her boots for good.Widely regarded as one of the greatest women's soccer players of all time, Marta, who turns 39 nex...Reuters
Thu, Jan 9
BRIEF-Google Says Will Update Political Content Policy To Include A Form Related To California Restrictions
Jan 9 (Reuters) - GOOGLE:GOOGLE- IN JAN 2025, GOOGLE WILL UPDATE POLITICAL CONTENT POLICY TO INCLUDE A FORM RELATED TO CALIFORNIA RESTRICTIONSSource text: [ID:]Further company coverage: GOOGL.OReuters
Thu, Jan 9
CORRECTED-Hippocratic AI valued at $1.64 billion after series B round
Corrects amount raised to $141 million from $126 million in paragraph 2Jan 9 (Reuters) - Hippocratic AI notched a valuation of $1.64 billion after its latest fund raise led by Kleiner Perkins, the VC firm that backed Google, Amazon AMZN.O, and Genentech as AI funding thrives. The company said on Thu...Reuters
Thu, Jan 9
UPDATE 2-UBS nears settlement over Credit Suisse tax evasion case, WSJ reports
Adds DOJ's response in paragraph 3 Jan 9 (Reuters) - UBS UBSG.S is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement with the U.S. Department of Justice over customers in the U.S. who evaded tax, the Wall Street Journal reported o...Reuters
Thu, Jan 9
QUOTES-Biden, Jimmy Carter grandsons give eulogies at late president's funeral
NEW YORK, Jan 9 (Reuters) - Family, friends and former political colleagues of U.S. President Jimmy Carter, including current President Joe Biden, spoke on Thursday at his state funeral in Washington. Carter was remembered for his public service, his integrity and for rising above partisan politics....Reuters
Thu, Jan 9
US to finalize Chinese vehicle crackdown rules next week, Raimondo says
WASHINGTON, Jan 9 (Reuters) - The outgoing Biden administration plans to finalize rules next week cracking down on Chinese vehicle software and hardware, U.S. Commerce Secretary Gina Raimondo told Reuters.In September, the department proposed prohibiting key Chinese software and hardware in connecte...Reuters
Thu, Jan 9