By David Shepardson WASHINGTON (Reuters) – Facebook parent Meta Platforms Inc on Monday threatened to remove news from its platform if the U.S. Congress passes a proposal aimed at making it easi[...]
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Wall St slides as services data spooks investors about Fed rate hikes
By David French (Reuters) – U.S. markets ended Monday lower, as investors spooked by better-than-expected data from the services sector re-evaluated whether the Federal Reserve could hike intere[...]
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Italy urges EU subsidy package in response to U.S. IRA scheme
ROME (Reuters) – Italian Economy Minister Giancarlo Giorgetti on Monday called for a common European Union approach to support competitiveness and protect strategic production, in response to th[...]
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U.S. railroad investor resolutions urge paid sick leave for workers
By Ross Kerber (Reuters) – Investors have proposed shareholder resolutions at two U.S. railroads calling for paid sick leave for workers, an issue that nearly caused a national rail strike, and[...]
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India’s Oyo lays off 600 employees as part of ‘wide ranging’ reorganisation
(This Dec. 3 story has been refiled to correct spelling error in first paragraph) By Rhea Binoy (Reuters) – Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd said on Saturday[...]
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Russian oil sanctions fuel boom for old tankers
By Julia Payne and Jonathan Saul LONDON (Reuters) – The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade in Russian crude. As Western sh[...]
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Exclusive-Twitter exec says moving fast on moderation, as harmful content surges
By Katie Paul and Sheila Dang (Reuters) -Elon Musk’s Twitter is leaning heavily on automation to moderate content, doing away with certain manual reviews and favoring restrictions on distributio[...]
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Bankman-Fried says he will testify before U.S. House committee
(Reuters) – FTX founder Sam Bankman-Fried tweeted on Sunday that he would testify before the House Financial Services Committee after he finished “learning and reviewing” the events[...]
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U.S. House committee chair says Bankman-Fried must testify next week
(Reuters) – The chair of the U.S. House of Representatives Financial Services Committee demanded on Monday that Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX,[...]
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