By Clark Mindock and Brendan Pierson (Reuters) – 3M Co has struck a tentative settlement of at least $10 billion with a host of U.S. cities and towns to resolve water pollution claims tied to[...]
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June 2, 2023
Chemical makers settle PFAS-related claims for $1.19 billion
By Clark Mindock (Reuters) – Chemours Co, DuPont de Nemours Inc and Corteva Inc on Friday said they had reached an agreement in principle to settle claims that they contaminated U.S. public wate[...]
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Japan privacy watchdog warns ChatGPT-maker OpenAI on user data
By Kantaro Komiya and Sam Nussey TOKYO (Reuters) – Japan’s privacy watchdog said on Friday it has warned OpenAI, the Microsoft-backed startup behind the ChatGPT chatbot, not to collect sen[...]
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US telecom companies say not in talks with Amazon for wireless services
(Reuters) – Major U.S. wireless carriers on Friday said they not in talks with Amazon.com Inc to offer low-cost wireless services to its Prime members. Wireless shares fell Friday after Bloomber[...]
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Global shares, US yields rise after strong jobs data, debt-ceiling passage
By Chibuike Oguh NEW YORK (Reuters) -Global shares and U.S. Treasury yields rose on Friday following stronger-than-expected job growth data that raised investor expectations that the Federal Reserve c[...]
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Disney removes some produced content from its direct-to-consumer services
(Reuters) – Walt Disney Co said on Friday that it has removed certain produced content from its direct-to-consumer (DTC) services and will record a related $1.5 billion impairment charge in its[...]
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Fed Chair Powell to testify at US Senate June 22
(Reuters) – Federal Reserve Chair Jerome Powell will testify at the U.S. Senate Banking Committee on June 22 at 10 am Eastern time, panel chief Sherrod Brown said on Friday. The testimony marks[...]
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Another boost to U.S. earnings puts Q1 view at flat vs year ago -Refinitiv
NEW YORK (Reuters) – After a series of much stronger-than-expected results this reporting period, S&P 500 companies look like they will end up with first-quarter earnings essentially unchang[...]
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Logs show Fed’s Powell in whirlwind of meetings during March banking turmoil
(Reuters) – Federal Reserve Chair Jerome Powell held a phone call with the head of UBS Group AG in the days before the bank was propelled by Swiss authorities to buy smaller rival Credit Suisse,[...]
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