US hits former Israeli military sergeant with visa restrictions

WASHINGTON (Reuters) – The U.S. has imposed visa restrictions against a former Israeli military sergeant for his alleged involvement in gross violations of human rights in the occupied West Bank, including an extrajudicial killing, the State Department said on Wednesday. As a result of the restrictions, Sergeant Elor Azaria “and any immediate family members are…

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Squishmallows maker can sue Build-A-Bear over alleged knockoffs

By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge rejected Build-A-Bear Workshop’s effort to dismiss a lawsuit claiming that its Skoosherz plush toys were unauthorized knockoffs of Squishmallows, the popular plush toys made by a unit of Warren Buffett’s Berkshire Hathaway. In a decision on Monday, U.S. District Judge Josephine Staton in Los Angeles…

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Exclusive-FTC seeking details on Amazon deal with AI startup Adept, source says

By Krystal Hu, Greg Bensinger and Jody Godoy (Reuters) – The U.S. Federal Trade Commission has asked Amazon.com to provide more details on its deal to hire top executives and researchers from artificial intelligence startup Adept, a person familiar with the matter told Reuters. The request reflects the FTC’s growing concern about how AI deals…

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Microsoft’s hiring of former Inflection AI staff prompts UK probe

By Yadarisa Shabong and Martin Coulter (Reuters) – Britain’s competition regulator has started a formal investigation into Microsoft’s hiring of some former staff of Inflection AI and its partnership with the startup, it said on Tuesday. Over the past 18 months, regulators around the world have increasingly focused on potentially anti-competitive behaviour in the AI…

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Warner Bros Discovery rises after BofA says possible sale of assets likely beneficial

(Reuters) – Shares of Warner Bros Discovery rose more than 6% on Tuesday after Bank of America (BofA) Global Research said the company could create more value for its shareholders if it explored strategic options, including a potential sale. The loss-making media conglomerate has been reeling from the effects of subdued advertising in the U.S….

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Factbox-Who are the candidates running in the US presidential election?

By Costas Pitas, Susan Heavey (Reuters) -Democratic President Joe Biden and Republican former President Donald Trump will face each other in the Nov. 5 U.S. presidential election, after a divisive contest that included an assassination attempt on Trump.  Several third-party hopefuls are also running. Here is a list of the candidates: REPUBLICAN PARTY DONALD TRUMP…

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BlackRock assets hit record-high $10.65 trillion on ETF flows, rising stocks

By Arasu Kannagi Basil and Davide Barbuscia (Reuters) – Assets managed by BlackRock hit a record $10.65 trillion in the second quarter thanks to rising client asset values and as investors pumped money into the company’s exchange-traded funds, the world’s largest asset manager said on Monday. Stock markets have scaled record highs in the last…

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Analysis-Attack on Trump could spark further U.S. political violence

By James Oliphant and Gram Slattery WASHINGTON (Reuters) – In a country already on edge, the assassination attempt on former President Donald Trump has enraged his supporters, paused the Democratic campaign and raised fears of further political violence in the run-up to November’s election. Trump’s Republican allies painted him as a hero on Saturday, seizing…

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