By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc’s Google has struck at least 24 deals with big app developers to stop them from competing with its Play Store, including an agreemen[...]
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Updated
After Elon Musk’s ultimatum, Twitter employees start exiting
By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) -Hundreds of Twitter Inc employees are estimated to have decided to quit the beleaguered social media company following a Thursday deadline from n[...]
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Mercedes Benz to pay $5.5 million to settle Arizona diesel ad case
By David Shepardson WASHINGTON (Reuters) -German automaker Mercedes Benz and auto supplier Robert Bosch LLC have agreed to pay a total of about $6 million to resolve a lawsuit over diesel advertising[...]
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Global stocks gain on hopes recession warning forces Fed’s hand
By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) – Global equities edged up and a key part of the Treasury yield curve inverted further on Friday, a sign the U.S. economy will stall ne[...]
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Law firm Sidley warns clients about rules that may hinder activists
By Svea Herbst-Bayliss NEW YORK (Reuters) – Law firm Sidley on Friday stepped into the debate over how aggressively corporations should defend themselves against activist investors by warning cl[...]
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Falling Q4 profit forecasts another negative for U.S. stocks
By Caroline Valetkevitch NEW YORK (Reuters) – After a disappointing third-quarter reporting period, analysts are projecting that fourth-quarter U.S. earnings will decline for the first time in t[...]
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From Apollo to DZ Bank, funds snap up bargains in UK pension scramble
By Nell Mackenzie LONDON (Reuters) – Credit funds at Blackstone, Apollo, DZ Bank and Astra Asset Management picked up bargains from UK pension funds during their scramble for cash, and some say[...]
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Fiscal conflict posed by Brazil’s government-elect shows ignorance, says Guedes
BRASILIA (Reuters) -Brazilian Economy Minister Paulo Guedes said on Friday the alleged conflict between social needs and fiscal sustainability posed by the new government-elect reveals ignorance and t[...]
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Analysis-U.S. midterms dampen Big Pharma hopes for drug price policy change
By Ahmed Aboulenein WASHINGTON (Reuters) – The divided U.S. Congress after the November midterm elections undermines pharmaceutical companies who want to weaken a new law that allows the governm[...]
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