By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Thursday said Donald Trump’s defamation trial over whether he raped a writer in the mid-1990s will begin as scheduled on April 25, rejecting the former president’s bid for a delay but letting him learn more about how his accuser is paying her legal bills….
By Blake Brittain (Reuters) – Alphabet’s Google received a mixed ruling on Thursday from a San Francisco federal judge in a patent lawsuit brought by Sonos Inc over wireless audio technology, failing to invalidate all of the patents before a trial but narrowing Sonos’ claims. The case, set for trial May 8, is part of…
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher on Thursday as economic data showed cooling inflation and a loosening labor market, fueling optimism that the Federal Reserve could be nearing the end of its aggressive interest rate hike cycle. All three major U.S. stock indexes surged more than 1%, with interest…
SAN FRANCISCO (Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric on Thursday pushed back initial deliveries of its flagship FF 91 Futurist by another two months, saying they would depend on “substantial additional financing”. The Los Angeles-based company said it was down to about $30 million in cash as of Tuesday and deliveries…
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Thursday it may delay some space launches to minimize disruption to commercial air travel and provide “equitable” access to airspace near launch sites. Space launches have often snarled air schedules, especially in congested Florida airspace. Officials are worried about a repeat of last…
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Thursday it may delay some space launches to minimize disruption to commercial air travel and provide “equitable” access to airspace near launch sites. Space launches have often snarled air schedules, especially in congested Florida airspace. Officials are worried about a repeat of last…
(Reuters) -Credit Suisse Group AG has hired BlackRock Inc to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday. BlackRock’s Financial Markets Advisory group has been selling off securities over the last two weeks, including pieces of collateralized loan obligations, commercial mortgage bonds and niche asset-backed debt, Bloomberg…
By Sheila Dang (Reuters) – Twitter-owner Elon Musk has said advertisers are returning to the social media platform, but statements from several companies and data from research firms suggest a bounce-back is not happening so fast. Musk, who also runs electric carmaker Tesla Inc, earlier this week told the BBC that most of Twitter’s advertisers…
By Jorgelina do Rosario and Rodrigo Campos (Reuters) – The International Monetary Fund is working closely with Suriname authorities to bring their financing program back, while looking for progress in government talks with China, a key creditor, an IMF official said on Thursday. The IMF and Suriname engaged in a financing program for nearly $700…
By Julia Harte and Sharon Bernstein (Reuters) -U.S. telehealth and in-person abortion providers scrambled on Thursday to keep medication abortion services available after a federal appeals court ruled that the abortion pill mifepristone could be distributed amid ongoing litigation but with significant restrictions. The New Orleans-based 5th U.S. Circuit Court of Appeals on Wednesday upheld…
