By Jonathan Stempel NEW YORK (Reuters) -Energizer Holdings Inc and Walmart Inc have been sued by consumers and retailers in three proposed class actions accusing them of conspiring to raise the prices of disposable batteries. According to complaints filed on Friday, Energizer agreed “under pressure from Walmart” to inflate wholesale battery prices for other retailers…
By Steve Holland, Jarrett Renshaw and Heather Timmons WASHINGTON (Reuters) -President Joe Biden launched his re-election bid on Tuesday with a promise to protect American liberties from “extremists” linked to former President Donald Trump, who he beat in 2020 and might face again in 2024. Biden made his announcement in a video released by his…
By Chris Prentice, Saeed Azhar, Lananh Nguyen and Paritosh Bansal (Reuters) -Banks including Citizens Financial Group Inc, PNC Financial Services Group and JPMorgan Chase & Co are among roughly half a dozen bidders vying for First Republic Bank in an auction process being run by U.S. regulators, according to sources familiar with the matter. Guggenheim…
(Reuters) -The U.S. Federal Deposit Insurance Corp has asked banks including JPMorgan Chase & Co and PNC Financial Services Group to submit final bids for First Republic Bank by Sunday after gauging their initial interest earlier in the week, Bloomberg News reported. The banking regulator reached out to banks late on Thursday seeking indications of…
By Anirban Sen and Echo Wang NEW YORK (Reuters) -SoftBank Group Corp’s chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, Arm said on Saturday, setting the stage for this year’s largest initial public offering. The IPO registration shows that Softbank is pressing ahead with the blockbuster offering despite…
By Anirban Sen and Echo Wang NEW YORK (Reuters) -SoftBank Group Corp’s chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, Arm said on Saturday, setting the stage for this year’s largest initial public offering. The IPO registration shows that Softbank is pressing ahead with the blockbuster offering despite…
(Reuters) – Twitter Inc CEO Elon Musk said on Saturday that the social media platform will allow media publishers to charge users on a per article basis with one click, calling it a win for both the public and media organizations. The feature, to be rolled out in May, will enable users who do not…
By Philip Pullella and Krisztina Than BUDAPEST (Reuters) -Pope Francis met Ukrainian refugees on the second day of his visit to Hungary on Saturday, telling them a different future was possible as they described the hardships they have faced since the war began. Francis met about 600 refugees, poor and homeless people in a visit…
MOSCOW (Reuters) -Armenia and Azerbaijan will hold a new round of talks in Washington on Sunday to try to normalise relations, Yerevan said on Saturday, after weeks of rising tensions over the disputed Nagorno-Karabakh region. Armed forces from the two Caucasus neighbours have frequently exchanged fire amid disputes over the mountain enclave, which is internationally…
By Jonathan Stempel NEW YORK (Reuters) – Energizer Holdings Inc and Walmart Inc have been sued by consumers and retailers in three proposed antitrust class actions accusing them of conspiring to raise the prices of disposable batteries. According to complaints filed on Friday, Energizer agreed “under pressure from Walmart” to inflate wholesale battery prices for…
