By Daniel Wiessner and Jonathan Stempel NEW YORK (Reuters) -A federal judge on Wednesday granted Amazon.com a preliminary injunction to block the New York State Public Employment Relations Board from enforcing a new state law that the online retailer considers an attempt to illegally regulate private-sector labor relations. The decision by U.S. District Judge Eric …
Amazon wins injunction against New York labor law Read More »
By Brendan O’Boyle MEXICO CITY (Reuters) -The Bank of Mexico on Wednesday cut its growth forecast for Mexico’s economy to near zero and raised its short-term inflation forecasts as Latin America’s second-largest economy continues to reel from global trade uncertainty. In its third-quarter report, the central bank projected gross domestic product growth of just 0.3% …
Bank of Mexico cuts growth forecast as inflation optimism is questioned Read More »
(Reuters) -The former chief financial officer of View settled a U.S. Securities and Exchange Commission lawsuit claiming he negligently allowed the company to understate the cost of replacing defective “smart windows.” Lawyers for Vidul Prakash and the SEC reached an agreement in principle to end the civil case, subject to approval by SEC commissioners, according …
Ex-CFO of ‘smart window’ maker View settles with US SEC Read More »
By Tom Polansek CHICAGO (Reuters) -Cargill Inc has no immediate plans to close its U.S. beef processing plants, the company said on Wednesday, days after meatpacker Tyson Foods announced it would shutter a major Nebraska facility as the industry grapples with tight cattle supplies. Beef processors have been pressured as ranchers have slashed the U.S. cattle …
Cargill says it does not plan to close US beef processing plants Read More »
(Reuters) -Robinhood Markets and Susquehanna International Group on Tuesday struck a deal to take over a regulated exchange run by Miami International Holdings, giving the companies a major boost in their push to establish a stronghold in prediction markets. The companies are acquiring a 90% stake in LedgerX, which was a part of now-defunct crypto …
Robinhood, Susquehanna take over exchange LedgerX in prediction markets push Read More »
By Elizabeth Howcroft and Hannah Lang (Reuters) -The Securities and Exchange Commission’s possible plan to grant crypto companies relief from regulation to sell “tokenised” stocks risks harming investors, a group of stock exchanges said in a letter to the U.S. regulator this week. Several crypto companies plan to sell crypto tokens linked to listed equities …
SEC must not let crypto companies ‘bypass’ rules, stock exchanges say Read More »
By Ross Kerber (Reuters) -New York City Comptroller Brad Lander is urging city pension fund officials to re-bid $42.3 billion managed by BlackRock, saying the fund manager has deprioritized climate concerns. It marks the first major move by a Democratic official to counter pressure on financial companies from Republican allies of the fossil-fuel industry. Lander’s …
NYC comptroller’s push to drop BlackRock creates test for Mamdani Read More »
By David Ljunggren and Divya Rajagopal OTTAWA (Reuters) -Canada will submit the proposed merger of Anglo American and Teck Resources to a national security review, Industry Minister Melanie Joly said on Wednesday. Joly also said Ottawa would come to a final decision in the coming months. “The national security review for any transaction is always …
Proposed Teck-Anglo merger is subject to national security review, Canada says Read More »
By Arriana McLymore NEW YORK (Reuters) -Big retailers traditionally spend millions on attracting eyeballs for the holiday season. Now, they’re looking to get noticed by something else – AI agents. Most of this holiday season’s projected $253 billion in U.S. online sales will happen through website visits or standard online searches that favor companies that spend big …
As AI reshapes shopping, US retailers try to change how they’re seen online Read More »
By Jonathan Stempel (Reuters) -A federal judge dealt a setback to customers suing Burger King over advertising for its Whopper sandwiches, saying their claims were too disparate to justify certifying a nationwide class action. The lawsuit by 19 customers in 13 U.S. states accused Burger King of misleadingly and materially inflating the size of nearly all …
Lawsuit over Burger King’s Whopper ads set back by US judge Read More »
