By Linda So and Andrew R.C. Marshall (Reuters) – Three U.S. lawmakers and two in Britain called for tougher safeguards against online sexual exploitation after a Reuters investigation this week[...]
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March 15, 2024
VW’s US finance unit to pay $48.75 million to resolve SEC diesel case
By David Shepardson WASHINGTON (Reuters) -Volkswagen Group of America’s wholly owned finance unit has agreed to pay $48.75 million to resolve a government lawsuit that accused the German automak[...]
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Reddit receives FTC inquiry on AI-related deals ahead of IPO
(Reuters) -Reddit said on Friday the U.S. Federal Trade Commission is conducting an inquiry focused on the company’s sale, licensing and sharing of user-generated content with third parties to t[...]
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US dollar poised for biggest weekly gain since mid-January; yen falls ahead of BOJ
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose to a more than one-week high on Friday after a mixed batch of data showed the U.S. economy remained stable with small pockets of weaknes[...]
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Factbox-What do we know about TikTok’s Chinese owner, ByteDance?
By Josh Ye HONG KONG (Reuters) – The U.S. House of Representatives overwhelmingly passed a bill this week that would give TikTok’s Chinese owner ByteDance about six months to divest the U.[...]
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Analysis-Peak rates boost U.S. demand for riskier form of corporate debt
By Shankar Ramakrishnan (Reuters) – The U.S. market for one of the riskiest types of corporate debt is resurging this year, as companies cater to investor demand for assets that can lock in high[...]
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Tesla settles race bias claims by Black former worker after $3 million verdict
By Daniel Wiessner (Reuters) -Tesla has settled a long running lawsuit by a Black former factory worker who claimed he was subjected to severe racial harassment, according to a court filing on Friday,[...]
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Telecom Italia flags cash call risk to investors if KKR deal collapses, sources say
MILAN (Reuters) – Telecom Italia’s (TIM) Chief Executive Pietro Labriola has warned investors the company could need to raise billions in capital if the planned sale of its network to U.S.[...]
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US probing Adani Group and founder over potential bribery, Bloomberg reports
(Reuters) -The United States has widened its investigation of India’s Adani Group to focus on the conduct of its founder, Gautam Adani, and whether the company may have engaged in bribery, Bloom[...]
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