By Blake Brittain (Reuters) -Tax-preparation giant H&R Block Inc and Block Inc , the company formerly known as Square, have jointly agreed to dismiss H&R Block’s lawsuit over Block’s name change, according to a Friday filing in Missouri federal court. The companies asked the court to dismiss the case with prejudice, which means it cannot…
By Blake Brittain (Reuters) -Tax-preparation giant H&R Block Inc and Block Inc , the company formerly known as Square, have jointly agreed to dismiss H&R Block’s lawsuit over Block’s name change, according to a Friday filing in Missouri federal court. The companies asked the court to dismiss the case with prejudice, which means it cannot…
By Akash Sriram and Manya Saini (Reuters) -Johnson & Johnson said on Monday it was seeking a valuation of up to $42.95 billion in the initial public offering of its consumer health unit, Kenvue, at a time when investor appetite for new listings has been muted. The announcement sets the stage for what is expected…
By Michelle Nichols UNITED NATIONS (Reuters) -U.N. Secretary-General Antonio Guterres said on Monday that the risk of conflict between global powers was at an “historic high” and Russian Foreign Minister Sergei Lavrov warned the world was at a threshold “possibly even more dangerous” than during the Cold War. Guterres, seated next to Lavrov in the…
LOS ANGELES (Reuters) – Comic actor Richard Lewis, a longtime regular on the HBO series “Curb Your Enthusiasm,” says he is under a doctor’s care for Parkinson’s disease but that despite giving up his standup act “everything is cool” as he focuses on writing and acting. Lewis, 75, disclosed his diagnosis in a brief video…
NEW YORK (Reuters) – Switching to clean energy from natural gas-fired electricity is the New York power industry’s top challenge this year, New York Power Authority’s chief executive said on Monday. “That’s the biggest challenge, I think, that we and the industry faces,” said Justin Driscoll, who heads the nation’s largest state-owned electric utility, at…
WASHINGTON (Reuters) – President Joe Biden said on Monday he plans to run again as he gears up for a bruising re-election battle, amid expectations of a formal announcement via video as soon as Tuesday. “I told you I’m planning on running. I’ll let you know real soon when,” Biden said. (This story has been…
By Jonathan Stempel WASHINGTON (Reuters) – A Brazilian reinsurer entered a nonprosecution agreement and will pay $5 million to resolve a U.S. probe into a false story that the company had received a significant investment from billionaire Warren Buffett’s Berkshire Hathaway Inc. The U.S. Department of Justice said the payment by IRB Brasil Resseguros SA…
By Lisa Richwine LOS ANGELES (Reuters) – Former NBCUniversal Chief Executive Jeff Shell was fired for sexual harassment after an investigation found evidence that corroborated a female employee’s complaint, Comcast Corp said on Monday. On Sunday, Comcast had said that Shell was leaving the company because of “inappropriate conduct.” A two-decade veteran of the company,…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. As world markets tread water ahead of U.S. mega-tech earnings and the Bank of Japan meeting this week, investors on Tuesday will have one eye on the first estimate of South Korean GDP growth in the first quarter…
