By Sheila Dang (Reuters) – A coalition of civil rights activists on Monday were urging Twitter’s advertisers to issue statements about pulling their ads off the social media platform after its owner Elon Musk lifted the ban on tweets by former U.S. President Donald Trump. Trump’s account, which Twitter had suspended after the U.S. Capitol…
By Clare Baldwin HONG KONG (Reuters) – Conservation group The Nature Conservancy’s vision for the future of coral protection involves speed boats, and a global army of snorkellers and divers deployed when tropical storms and hurricanes damage reefs. On Monday, the global ‘Reef Brigades’ plan came closer to reality when it bought an insurance policy…
NEW YORK (AP) — A federal judge has ordered Amazon to stop retaliating against employees engaged in workplace activism, issuing a mixed ruling that also hands a loss to the federal labor agency that sued the company earlier this year. The ruling came in a court case brought by the National Labor Relations Board, which…
BAGHDAD (AP) — Auditors in Iraq have uncovered a massive scheme in which a network of businesses and officials embezzled some $2.5 billion from the country’s tax authority, despite layers of safeguards. The scandal poses an early test for Iraq’s new government, which was formed late last month after a prolonged political crisis. Prime Minister…
By Doyinsola Oladipo and Rajesh Kumar Singh NEW YORK/CHICAGO (Reuters) – U.S. airlines and airports are preparing for a surge in passengers over the Thanksgiving holiday, with the number of travelers expected to hit the highest level in three years. Nearly 55 million Americans will take to the roads, skies and rails for the holiday,…
(Reuters) -The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association champions of fraudulently promoting the now-bankrupt cryptocurrency exchange. Elliott Lam, a Canadian citizen and Hong Kong resident, filed his proposed class-action lawsuit in San Francisco federal court on behalf of “thousands, if not millions” of…
By Ankika Biswas and Shreyashi Sanyal (Reuters) -Wall Street’s main indexes started the week lower due to a rise in COVID-19 cases in China and declines in energy stocks following a report of a likely increase in oil output, while gains in Disney helped ease pressure on the Dow and S&P 500. The S&P 500…
By Chibuike Oguh NEW YORK (Reuters) – Global stocks and oil prices slipped on Monday as a spike in COVID-19 cases and newly recorded deaths in China prompted authorities in the world’s second-largest economy to reinstate lockdowns. Beijing’s most populous district urged residents to stay at home on Monday as the city’s COVID case numbers…
NEW YORK (Reuters) – Asset manager BlackRock said on Monday it had increased its strategic overweight on investment grade credit due to attractive valuations and the income potential coming from corporate bonds’ higher yields. “We go more overweight investment grade (IG) credit on attractive yields and healthy corporate balance sheets that can withstand the mild…
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES (Reuters) -The two largest U.S. rail unions representing conductors and engineers split in ratification votes on a tentative contract deal reached in September raising the possibility of a strike or lockout that could cause significant damage to the U.S. economy. Members of the Brotherhood of Locomotive Engineers…
