(Reuters) – USA Boxing’s withdrawal from IBA to join a breakaway world body will hurt its members as well as depriving others of opportunities, the Russian-led association said on Thursday. USA Boxing, representing the most successful country in the sport’s Olympic history, announced on Wednesday it had left the International Boxing Association (IBA) with immediate…
By Emily Rose JERUSALEM (Reuters) -Florida Governor Ron DeSantis on Thursday brushed off legal action taken against him by Walt Disney Co, describing it as politically motivated and accusing the global entertainment giant of lacking accountability and transparency. Disney, in a lawsuit filed this week, accused the DeSantis administration of “weaponizing its power to inflict…
By Nate Raymond and Brendan Pierson (Reuters) – Massachusetts’ top court on Thursday revived the indictments against two former leaders of a veterans’ home charged with criminal neglect for their roles in handling a COVID-19 outbreak that killed 84 people. The Massachusetts Supreme Judicial Court, in a 5-2 ruling, overturned a judge’s decision to throw…
By Ananya Mariam Rajesh (Reuters) -Domino’s Pizza Inc on Thursday warned of a slowdown in its delivery business as consumers opt to cook at home instead of ordering in, sending shares of the company down 6% and taking the shine off the better-than-expected first-quarter results. Consumers whose disposable income has already been stretched by elevated…
By Sam Tobin LONDON (Reuters) -Queen Elizabeth knew that Rupert Murdoch’s UK newspaper arm had been spying on her family and their friends, and authorised her staff to “draw a line” under the issue, according to an email released on Thursday in a lawsuit by her grandson Prince Harry. Harry is suing Murdoch’s News Group…
By Daniel Wiessner (Reuters) – New York’s top state court on Thursday threw out claims by yellow cab operators that New York City diminished the value of their taxi licenses by failing to rein in app-based competitors like Uber Technologies Inc and Lyft Inc. The New York Court of Appeals in a unanimous ruling said…
(Reuters) – Vice Media Group (VMG) said on Thursday it will cancel popular TV program “Vice News Tonight” as part of a broader restructuring that will result in job cuts across the digital media firm’s global news business. “In response to the current market conditions and business realities facing VMG and the broader news and media…
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank could hike its benchmark interest rate as much as 10 percentage points to 91%, a source said on Thursday, as it tries to tame high inflation and steady the peso currency, which has tumbled in black market trading. With Argentina’s inflation rate running at more…
By Ankit Kumar and Divya Rajagopal (Reuters) -Newmont Corp posted first-quarter profit on Thursday that beat Wall Street expectations, as the world’s largest gold miner benefited from higher prices of the metal. Average prices of gold, considered to be a safe-haven asset, rose 7.8% and peaked at more than $2,000 per ounce during the reported…
By Arunima Kumar (Reuters) -Refiner Valero Energy Corp zoomed past quarterly profit estimates on Thursday, as margins received a boost from sustained fuel demand and tight crude supplies. Refiners have been riding a wave of favorable pricing and demand as pandemic-era closings boosted margins. Valero said its refining margins for the January-March quarter soared 84%…
