By Frank Pingue (Reuters) -The NFL has tapped its roster of retired players to help keep the current crop from fumbling away their careers over gambling violations — enlisting former gridiron veterans to deliver the message that betting and football simply do not mix. Sabrina Perel, the NFL’s vice president and chief compliance officer, said…
By Diana Novak Jones (Reuters) -Kraft, Mondelez, Coca-Cola, and several other major food companies have beaten a lawsuit accusing them of designing “ultra-processed” foods to be addictive to children, causing chronic disease. U.S. District Judge Mia Perez in Philadelphia granted the companies’ motion to dismiss on Monday after finding that the plaintiff in the case,…
(Reuters) -Boeing is in talks to sell as many as 500 jets to China, Bloomberg News reported on Thursday, citing people familiar with the matter. Shares of the U.S. planemaker rose 2% before the market open as the potential order would be China’s first major purchase of Boeing jets since U.S. President Donald Trump’s visit…
By Johann M Cherian, Sanchayaita Roy and Carolina Mandl (Reuters) -Wall Street’s main indexes fell on Thursday as investors feared potentially hawkish remarks by the Federal Reserve chair on Friday that could spark volatility, while big-box retailer Walmart’s quarterly results dampened sentiment. All eyes are on the Jackson Hole Economic Policy Symposium where Fed Chair…
By Dan Burns (Reuters) -The number of Americans filing new applications for jobless benefits rose by the most in about three months last week and the number of people collecting unemployment relief in the prior week climbed to the highest level in nearly four years, signaling recent labor market softness continued into August. The data…
(Reuters) -Comcast-owned NBCUniversal is in advanced talks with Major League Baseball to carry games on NBC and the Peacock streaming service in a three-year deal approaching $200 million annually, the Wall Street Journal reported on Thursday. Netflix is also close to a deal with MLB to stream the ‘Home Run Derby’ for more than $35…
HOUSTON (Reuters) -A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final winner recommendation in the complex court-organized auction is expected to…
(Reuters) -The measles outbreak in West Texas has ended, state health officials said on Monday, after meeting the criteria of six weeks since the last reported case. Texas is now shifting focus to vaccination campaigns to strengthen immunity and prevent future outbreaks, the Department of State Health Services (DSHS) said. The outbreak, which began in…
By Nell Mackenzie LONDON (Reuters) -Hedge funds bought U.S. stocks at the fastest pace in seven weeks during the week to August 15, in anticipation of a long awaited interest rate cut expected from the Federal Reserve in September, according to a Goldman Sachs client note. Hedge funds bought indices and financial products that rise…
By Maiya Keidan and Brad Brooks (Reuters) -Democratic lawmakers in Texas returned to the state on Monday, ending a walkout that broke quorum and blocked Republican efforts to redraw congressional maps at the behest of U.S. President Donald Trump. Texas House of Representatives Minority Leader Gene Wu, chairperson of the Texas House Democratic Caucus, said…
