By Nate Raymond (Reuters) -A federal appeals court on Thursday blocked President Joe Biden’s administration from continuing to implement a new student debt relief plan designed to lower monthly payments for millions of Americans. The St. Louis-based 8th U.S. Circuit Court of Appeals granted a request by seven Republican-led states to put on hold parts…
By Gram Slattery WASHINGTON (Reuters) – Republican former President Donald Trump is planning to fundamentally alter the U.S. relationship with NATO should he win a second four-year term in office. On the campaign trail, he has also floated sending armed forces into Mexico to battle drug cartels and slapping expansive tariffs on friends and foes…
By Amy-Jo Crowley and Oliver Hirt LONDON (Reuters) – Apax Partners, Bain Capital and CVC are each exploring potential bids for SoftwareOne, two people with knowledge of the situation said, three months after the ouster of the Swiss software company’s board. Talks with interested funds are ongoing, one of the people said. Four sources mentioned…
(Reuters) – Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day in the United States, according to a report from Adobe Analytics on Wednesday. Major retailers including Walmart and Target have launched deals and shopping events through July to attract customers by offering deep discounts to compete with…
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…
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…
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…
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…
(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….
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…
