(Reuters) -The U.S. Federal Trade Commission (FTC) has suspended its challenge of Amgen’s $27.8 billion purchase of Horizon Therapeutics, allowing the FTC to consider whether the agency should s[...]
Read moreAugust 28, 2023
FTX’s Bankman-Fried appeals jailing as trial nears
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried has appealed a decision to jail him for alleged witness tampering ahead of his Oct. 3 trial over the collapse of his FTX cryptocurrency exchange. In[...]
Read moreOpenAI releasing version of ChatGPT for large businesses
By Anna Tong (Reuters) -Artificial intelligence leader OpenAI said on Monday it is releasing a version of ChatGPT targeted to large businesses, increasing the overlap in what OpenAI and its financial[...]
Read moreMcDonald’s must face antitrust claims over worker ‘poaching,’ court rules
By Daniel Wiessner (Reuters) – A U.S. appeals court has revived claims that McDonald’s Corp violated federal antitrust law by requiring franchisees to agree not to hire away each other[...]
Read moreUS fines American Airlines for keeping passengers on tarmac
By David Shepardson and Paul Grant (Reuters) -The United States Transportation Department (USDOT) on Monday fined American Airlines $4.1 million for unlawfully keeping thousands of passengers on the t[...]
Read moreBrazil’s Natura mulls sale of The Body Shop
SAO PAULO (Reuters) -Brazilian cosmetics maker Natura &Co on Monday said its board of directors had authorized the company to search for “strategic alternatives” for its subsidiary The[...]
Read morePost-pandemic, world facing gloomy stew of debt, trade wars and poor productivity
By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – Record levels of government debt, geopolitical tensions that threaten to split the global trading system, and the likely persistence of weak[...]
Read moreStanChart to sell jet leasing arm to Saudi wealth fund unit for $3.6 billion
By Rishav Chatterjee (Reuters) -Standard Chartered said on Monday it was selling its global aviation finance leasing business to Saudi Arabia-based AviLease for about $3.6 billion, as part of a drive[...]
Read moreTesla braces for its first trial involving Autopilot fatality
By Dan Levine and Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Inc is set to defend itself for the first time at trial against allegations that failure of its Autopilot driver assistant feature l[...]
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