Apple loses bid to revive US copyright claims over iOS simulation

By Blake Brittain (Reuters) – Apple Inc on Monday failed to convince a U.S. appeals court that security startup Corellium Inc infringed its copyrights by simulating its iOS operating system to help researchers find security flaws in Apple devices. The 11th U.S. Circuit Court of Appeals said Corellium lawfully recreated Apple’s system under the U.S….

Read More

Brazil’s Lula to nominate deputy finance minister for key central bank role

SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad ended months of uncertainty on Monday as he revealed that Gabriel Galipolo, his second-in-command at the ministry, will be nominated for a top position at the central bank, which the government has heavily criticized for its high borrowing costs. Haddad said that Galipolo, the former CEO…

Read More

Tyson Foods shares plunge after surprise loss, revenue forecast cut

By Tom Polansek and Granth Vanaik (Reuters) -Tyson Foods Inc shares plunged 16% to a three-year low on Monday as the U.S. meatpacker posted a surprise second-quarter loss and cut its full-year revenue forecast amid slowing consumer demand. The weaker-than-expected results indicate cash-strapped shoppers are cutting back on meat spending in a high-inflation environment while…

Read More
Warren Buffett's Rival For Attention At Berkshire Weekend: Squishmallows

Warren Buffett’s Rival For Attention At Berkshire Weekend: Squishmallows

By Jonathan Stempel (Reuters) – One of the biggest hits from the just-concluded annual love fest for Warren Buffett showed the enduring popularity of the investing legend: plush, squishy toys featuring the billionaire and his business partner Charlie Munger. On Friday, the start of Berkshire Hathaway Inc’s three-day shareholder weekend, thousands thronged a convention hall…

Read More

Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows

By Jonathan Stempel (Reuters) – One of the biggest hits from the just-concluded annual love fest for Warren Buffett showed the enduring popularity of the investing legend: plush, squishy toys featuring the billionaire and his business partner Charlie Munger. On Friday, the start of Berkshire Hathaway Inc’s three-day shareholder weekend, thousands thronged a convention hall…

Read More

Woman who sued over Subway tuna seeks to quit case, Subway demands sanctions

By Jonathan Stempel (Reuters) -The California woman suing Subway, claiming its tuna products contain ingredients other than tuna, wants to end her lawsuit because she is pregnant, prompting Subway to demand her lawyers be sanctioned for bringing a frivolous case. Nilima Amin said her “severe” morning sickness and “debilitating” conditions as she prepares for a…

Read More

Abortion pill case to be heard by conservative, anti-abortion panel

By Brendan Pierson and Jacqueline Thomsen (Reuters) – A case brought by anti-abortion groups seeking to ban the abortion pill mifepristone nationwide will be heard next week by a panel of three deeply conservative judges hostile to abortion rights, a federal appeals court revealed on Monday. The Biden administration is expected to urge the 5th…

Read More