By Herbert Lash and Shreyashi Sanyal (Reuters) – U.S. stocks closed down on Wednesday as a deal to raise the federal debt ceiling headed for a crucial vote in Congress, while unexpectedly strong[...]
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May 31, 2023
Amazon’s Ring used to spy on customers, FTC says in privacy settlement
By Diane Bartz WASHINGTON (Reuters) -A former employee of Amazon.com’s Ring doorbell camera unit spied for months on female customers in 2017 with cameras placed in bedrooms and bathrooms, the F[...]
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Ex-JPMorgan executive wrote Epstein ‘should not be a client’ in 2011 email -deposition
By Luc Cohen NEW YORK (Reuters) -A former JPMorgan Chase & Co executive wrote in a 2011 email that the late financier and sex offender Jeffrey Epstein should not be a client of the bank, according[...]
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Australian home prices climb for third straight month in May
SYDNEY (Reuters) – Australian home prices rose for the third consecutive month in May, with the pace of growth accelerating sharply as demand remained strong despite high mortgage rates, and the[...]
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Boeing says certification of 737 MAX 7 is taking ‘considerable amount of time’
CHARLESTON, South Carolina (Reuters) – The certification of the Boeing Co 737 MAX 7 is taking a “considerable amount of time” due to new documentation requirements, but the planemake[...]
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China venture fundraising heading for weakest first half in 8 years
By Roxanne Liu and Kane Wu BEIJING/HONG KONG (Reuters) -China-focused venture capital fundraising is heading for its weakest first half year in at least eight years, data from researcher Preqin showed[...]
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U.S. banks sink on concerns about office real estate loans
By Sinéad Carew (Reuters) -Shares of large and mid-sized U.S. banks sharply underperformed the broader market on Wednesday with the S&P 500 Banks Index closing down 2.0% while the benchmark S&[...]
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American Airlines to appeal JetBlue alliance court ruling
By Rajesh Kumar Singh, David Shepardson and Diane Bartz (Reuters) -American Airlines Group will appeal a U.S. court decision requiring it to end an alliance with JetBlue Airways Corp, American CEO Rob[...]
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Exxon, Chevron shareholders soundly reject climate-related petitions
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp and Chevron Corp shareholders on Wednesday overwhelmingly rejected calls for stronger measures to mitigate climate change, dismissing more than a d[...]
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