By Jonathan Stempel (Reuters) -Meta Platforms defeated an appeal by Children’s Health Defense, an anti-vaccine group founded by Robert F. Kennedy Jr., challenging its censorship of Facebook post[...]
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August 9, 2024
‘Coerced’ JPMorgan Chase seeks to end NY lawsuit against Russia’s VTB Bank
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase on Friday asked a U.S. judge in Manhattan to dismiss its lawsuit against Russia’s VTB Bank over a $439.5 million account frozen afte[...]
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S&P 500 ends up, but near flat for week after Monday’s steep selloff
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 ended higher on Friday and was little changed for the week after regaining almost all of its losses since Monday’s steep dive that wa[...]
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Chinese robotaxi firm WeRide eyes up to $5 billion valuation in US IPO
(Reuters) -China-based autonomous driving startup WeRide said on Friday it was seeking a valuation of as much as $5.02 billion in its initial public offering in the United States. The IPO announcement[...]
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Citigroup says wealth unit to sell trust services business
By Tatiana Bautzer NEW YORK (Reuters) – Citigroup’s wealth unit has initiated a process to sell its trust administration and fiduciary services business, the bank said in a statement on Fr[...]
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Activist Starboard Value takes stake in Starbucks, WSJ reports
(Reuters) -Activist investor Starboard Value has a stake in Starbucks the Wall Street Journal reported on Friday, adding that it wants the coffee giant to take steps to improve its stock price. Starbu[...]
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Boeing gets $2.56 billion contract from US Air Force for E-7A Wedgetail aircraft
(Reuters) -Boeing said on Friday it had been awarded a $2.56 billion contract from the United States Air Force for two rapid prototype E-7A AEW&C Wedgetail aircraft. The contract includes lifecycl[...]
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Hawaiian Electric raises going concern doubts on uncertainties over wildfire settlement financing
By Sourasis Bose (Reuters) -Utility firm Hawaiian Electric raised going concern doubts on Friday after disclosing that it did not have a financing plan in place for the $1.99 billion Maui wildfire set[...]
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Nasdaq short interest down 2% in late July
NEW YORK (Reuters) – Short interest on the Nasdaq declined 2% in late July, the exchange said on Friday. As of July 31, short interest fell to about 14.068 billion shares, compared with 14.356 b[...]
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