By Blake Brittain (Reuters) – The U.S. Olympic and Paralympic Committee has sued sports drink maker Prime Hydration, founded by YouTube personalities Logan Paul and KSI, for allegedly violating[...]
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July 22, 2024
Wall St closes higher as investors return to megacap stocks
By David French (Reuters) -Wall Street’s three benchmarks ended higher on Monday as investors returned to megacap growth stocks, helping both the S&P 500 and Nasdaq Composite recover from th[...]
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NYCB closes sale of about $6 billion mortgage warehouse loans to JPMorgan Chase
(Reuters) -Regional lender New York Community Bancorp said on Monday it had closed the sale of about $5.9 billion in mortgage warehouse loans to Wall Street giant JPMorgan Chase. The bank said it expe[...]
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Google scraps plan to remove cookies from Chrome
(Reuters) – Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to phase out the tiny packets of code meant to track users on the int[...]
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Warner Bros Discovery’s TNT Sports to match Amazon’s bid for NBA broadcast rights
By Dawn Chmielewski (Reuters) -Warner Bros Discovery’s sports network TNT Sports said on Monday it would exercise its rights to match one of three bids to carry National Basketball Association g[...]
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Vulnerabilities in non-banks leave door open to ‘shocks’, says G20 watchdog
By Huw Jones LONDON (Reuters) -Patchy progress on implementing reforms to make money market funds and other types of “non banks” safer has left the global financial system vulnerable to mo[...]
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Morning Bid: Stocks rebound with Biden out and election plays scrambled
By Alden Bentley A look at the day ahead in Asian markets by Alden Bentley. Judging by Wall Street’s surge Monday, the exit of President Joe Biden from November’s election was a relief but[...]
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Chip design software firm Cadence forecasts third-quarter results below estimates
(Reuters) – Chip design software maker Cadence Design Systems forecast third-quarter revenue and profit below Wall Street estimates on Monday, indicating stiff competition from rival Synopsys. S[...]
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Theater chain AMC reaches new debt restructuring deal, shares surge
(Reuters) -AMC Entertainment Holdings has reached an agreement with creditors to extend the maturity of up to $2.45 billion of its debt, the theater chain said on Monday, sending its shares up 12.6% i[...]
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