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New Zealand government to back energy firms’ critical infrastructure investments

1 Oct 2025

WELLINGTON (Reuters) -The New Zealand government said on Wednesday that it would financially support investment by the country’s energy companies in critical electricity infrastructure. The government holds a 51% stake in the formerly state-owned generators Genesis Energy, Mercury and Meridian. Energy prices have risen in New Zealand as supply has tightened, putting energy generators in …

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Wall Street indexes close higher with quarterly and monthly gains even as US government shutdown looms

1 Oct 2025

By Sinéad Carew and Niket Nishant NEW YORK (Reuters) -Wall Street’s three major indexes managed to close Tuesday’s choppy session higher, marking quarterly and monthly gains, even as investors braced for a U.S. government shutdown, which would delay key economic reports and muddy the  Federal Reserve’s interest rate policy outlook. With investors having bet for …

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US consumer watchdog, largely shuttered, to continue work during shutdown, email says

1 Oct 2025

(Refiles to fix a typo in paragraph 2) By Douglas Gillison WASHINGTON (Reuters) -The top U.S. watchdog agency for consumer finances told staff on Tuesday it will continue to operate in the event of a government shutdown after midnight, according to an email seen by Reuters. Like other banking regulators, the Consumer Financial Protection Bureau’s …

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Apple, Google, Meta must face lawsuits over casino-style gambling apps

1 Oct 2025

By Jonathan Stempel (Reuters) -A federal judge on Tuesday denied Apple, Google and Meta Platforms’ requests to dismiss lawsuits claiming they promoted illegal gambling by hosting and accepting commissions from casino-style apps that addict users. U.S. District Judge Edward Davila in San Jose, California, rejected the companies’ main argument that Section 230 of the federal …

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US agency sues Apple for alleged discrimination against Jewish worker

1 Oct 2025

By Daniel Wiessner (Reuters) -The U.S. agency that enforces workplace anti-discrimination laws sued Apple on Tuesday, claiming the manager of a retail store made antisemitic comments and denied a Jewish employee’s requests for time off before firing him. The Equal Employment Opportunity Commission says the manager of the Reston, Virginia, Apple store told the worker, …

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Amazon defeats bias lawsuit by Black worker placed on improvement plan

1 Oct 2025

By Jonathan Stempel NEW YORK (Reuters) -Amazon.com won the dismissal on Tuesday of a lawsuit accusing the online retailer of discriminating against a Black former employee by reducing her duties and putting her on a performance improvement plan. U.S. District Judge Arun Subramanian in Manhattan said former Amazon Music event producer Keesha Anderson failed to …

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NBCUniversal-YouTube TV distribution fight highlights streaming’s new power struggle

30 Sep 2025

By Aditya Soni (Reuters) -Popular NBC shows including “Sunday Night Football” and “America’s Got Talent” may disappear from YouTube TV as soon as Tuesday if the two sides fail to agree on a new distribution deal, a standoff that could influence the future of television. Carriage talks have stalled over the rates Alphabet’s YouTube TV …

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Fed agrees to shrink Morgan Stanley’s ‘stress capital buffer’

30 Sep 2025

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Tuesday it had agreed to reduce how much capital Morgan Stanley must hold as a result of its most recent “stress test” results, lowering the required buffer from 5.1% to 4.3% for the upcoming year. In a statement, the Fed said further analysis showed …

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