By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Wednesday heard arguments in a closely watched trademark clash between Jack Daniel’s and a dog accessory company b[...]
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March 22, 2023
GM must face class actions over defective transmissions -judge
By Jonathan Stempel (Reuters) – A federal judge in Detroit certified class actions for drivers in 26 U.S. states who accused General Motors Corp of producing faulty transmissions for about 800,0[...]
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Wall St regulator proposes scrapping paper forms
(Reuters) -The top U.S. markets regulator on Wednesday proposed replacing some paper-based forms with digitized disclosures to modernize how broker-dealers, stock exchanges, clearing agencies and othe[...]
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First Republic shares volatile as capital infusion remains in limbo
(Reuters) – Shares of First Republic Bank were volatile in morning trading on Wednesday as the regional lender struggled to raise capital amid worries that it may need to downsize or seek govern[...]
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Tencent says focus on cost-cutting, core business after first revenue fall
By Josh Ye HONG KONG (Reuters) -Tencent Holdings on Thursday said it would restrict its focus to its core business, while maintinaing cost-cutting and improving efficiencies, as it reported its first[...]
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Used-car retailer Carvana expects smaller core loss, shares jump
(Reuters) -Carvana Co said on Wednesday it expects a smaller core loss in the current quarter as its cost-cut measures helped mitigate some impact of a decline in used-car sales, sending its shares up[...]
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France’s Macron wants companies to share more profits with workers
PARIS (Reuters) -French President Emmanuel Macron, facing protests over an unpopular pension reform, said on Wednesday he wanted the government to take measures ensuring that companies share more of t[...]
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Boeing wins Japan Airlines order for 21 MAX jets -sources
WASHINGTON/TOKYO (Reuters) – Boeing Co has secured a deal worth at least $2.5 billion at list prices to sell 21 of its 737 MAX jets to Japan Airlines Co (JAL), industry sources said. The deal wi[...]
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Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the world’s leading wealth management centre, experts warn, calli[...]
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