Sirius XM found liable in New York lawsuit over subscription cancellations

By Jonathan Stempel NEW YORK (Reuters) – A New York state judge found Sirius XM Holdings liable in New York Attorney General Letitia James’ lawsuit accusing the satellite radio and streaming company of making it too hard for customers to cancel subscriptions. While rejecting claims alleging fraud and deceptive practices, Justice Lyle Frank of the…

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Procter & Gamble doubles down on China’s TikTok to reverse sales slump

By Jessica DiNapoli NEW YORK (Reuters) – Procter & Gamble has been revamping its marketing and line-up of influencers on fast-growing Chinese shopping app Douyin in recent months, helping its Pantene shampoo lead growth in hair care on the platform, executives said Thursday at an investor day. The Cincinnati-based company’s investments in better packaging for…

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Robinhood’s chief legal officer Gallagher rules out becoming SEC chair, CNBC reports

(Reuters) – Robinhood Markets’ Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was reportedly the frontrunner to become its chair under Donald Trump, told CNBC on Friday he was not interested in the role. “I’ve made it clear to the relevant people that I’m not interested in being…

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Exxon, under fire over plastic recycling, spending $200 million to expand Texas plants

By Erwin Seba HOUSTON (Reuters) – Exxon Mobil Corp, which is facing a California lawsuit over its alleged role in global plastic waste pollution, will expand plastics recycling that allows it to replace fossil fuels with discarded bottles and bags, the company said on Thursday. The move by one of the world’s largest polymer producers…

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Trump’s lawyers say hush money case must be dismissed after election victory

By Jack Queen (Reuters) – Donald Trump’s lawyers told a judge that the Republican’s conviction for illegally covering up hush money payments to a porn star should be dismissed because he won the U.S. presidential election and sentencing would threaten government stability. In a letter filed on Tuesday and made public Wednesday, the Republican president-elect’s…

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Musk, Ramaswamy plan to lean on Supreme Court rulings to reduce federal agencies reach

(Reuters) – Elon Musk’s government efficiency panel said in a Wall Street Journal opinion story on Wednesday that they will apply recent Supreme Court rulings that can be used to take power away from federal agencies to reduce rules the panel finds unnecessary, costly and inefficient. Musk, the billionaire CEO of Tesla and SpaceX, and…

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