By Daniel Wiessner (Reuters) – The Gap Inc on Thursday beat a shareholder lawsuit claiming the company’s directors breached their duties by making misleading statements in securities filin[...]
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June 2, 2023
US judge won’t yet approve Deutsche Bank $75 million settlement with Epstein accusers
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Thursday stopped short of approving Deutsche Bank AG’s $75 million settlement with women who said that Jeffrey Epstein abuse[...]
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J&J secures dismissal of whistleblower case over misuse of confidential info
By Brendan Pierson (Reuters) – A federal appeals court, in a decision unsealed Wednesday, upheld the dismissal of a whistleblower lawsuit against Johnson & Johnson as a sanction for the plai[...]
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JPMorgan’s Dimon visits Taiwan to meet staff, clients -source
By Selena Li and Kane Wu (Reuters) -Jamie Dimon, the chief executive of U.S. bank JPMorgan Chase & Co, is visiting Taiwan on Friday, a source with direct knowledge of the matter said, his first tr[...]
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American Airlines’ reliance on partners faces test after court ruling
By Rajesh Kumar Singh CHICAGO (Reuters) -American Airlines’ plan to grow revenue by relying more heavily on alliance partners to ferry passengers in uncompetitive markets while bulking up flight[...]
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Marketmind: Jubilant markets eye jobs in June jump
A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed, world markets see the sky again – encouraged that robust U.S. labor markets continue to def[...]
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Volkswagen brings VW bus back to North American market after 20 years
FRANKFURT (Reuters) – Volkswagen will start selling battery-powered versions of its VW bus in North America from 2024 onwards, the carmaker said on Friday, in what marks the reintroduction of th[...]
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Japan’s govt will vow to end deflation with bold monetary, flexible fiscal policy -draft
By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) – Japan’s government will pledge to pull the economy out of deflation through bold monetary policy, flexible fiscal policy and a[...]
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German finance ministry steps up 2024 budget pressure on ministries
BERLIN (Reuters) – Germany’s Finance Ministry has informed the other ministries of what budget funds will be available to them next year, it said on Friday, stepping up the pressure in wha[...]
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