LONDON (Reuters) – Google parent Alphabet on Wednesday asked a London tribunal to throw out a mass lawsuit that accuses the tech giant of abusing its dominance in the online search market. The lawsuit – valued at up to 7 billion pounds ($9.3 billion) – is the latest case focusing on the business practices of…
By Doina Chiacu WASHINGTON (Reuters) -Two conservative operatives who launched a robocall campaign designed to prevent Black New Yorkers from voting by mail in the 2020 U.S. election will pay $1.25 million in a settlement, New York state Attorney General Letitia James said on Tuesday. Jacob Wohl and Jack Burkman were found liable by a…
By Sruthi Shankar and Medha Singh (Reuters) – GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of “the meme stock frenzy” that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally “Roaring Kitty”. Here is what you need to know about the recent surge…
By Lindsay Dunsmuir (Reuters) -The U.S. economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience of the labor market and reducing the likelihood the Federal Reserve will be able to start rate cuts in September. The Labor Department’s closely watched employment report on Friday also showed the…
By Suzanne McGee (Reuters) – Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the…
By Robin Respaut and Chad Terhune (Reuters) – For many U.S. parents seeking help for a child with obesity, the most widely-endorsed treatment is out of reach – and it’s not the popular weight-loss drug Wegovy. Leading medical groups recommend intensive behavioral counseling – 26 hours within one year – to teach children and their…
Here is how Roku (ROKU) and Super Group (SGHC) Limited (SGHC) have performed compared to their sector so far this year.
By David Shepardson WASHINGTON (Reuters) – U.S. regulators will not immediately allow Boeing to increase 737 MAX production as it addresses ongoing safety issues, the agency’s administrator said on Thursday, after a three-hour meeting with company officials, including outgoing CEO Dave Calhoun. The Federal Aviation Administration’s enhanced oversight of Boeing will continue in coming months,…
ASAP Finance has unveiled enhanced No Credit Check Loans up to $5,000, featuring Guaranteed Approval, Flexible Repayment Options, and Same-Day Depo…
(Reuters) – Oracle on Thursday said it will invest more than $1 billion over the next 10 years in artificial intelligence and cloud computing in Spain, as it looks to meet increasing demand for its services in the country. The investment will be used to set up a new cloud region that will allow customers…
