By David Shepardson WASHINGTON (Reuters) – American Airlines and JetBlue Airways asked a U.S. judge late Friday to allow them to continue mutual frequent flyer recognition and codeshare arrangements. U.S. District Judge Leo Sorokin ruled on May 19 that the airlines must end their Northeast Alliance (NEA) they used to coordinate flights and pool revenue…
By Blake Brittain (Reuters) – The U.S. Supreme Court handed brand owners a win against parody products on Thursday when it ruled that “Bad Spaniels” dog toys resembling Jack Daniel’s whiskey bottles are not shielded by the U.S. Constitution from the liquor maker’s trademark lawsuit. The decision is likely to force companies to toe a…
WASHINGTON (Reuters) – A White House meeting between Joe Biden and NATO Secretary-General Jens Stoltenberg that had been set to take place on Monday has been rescheduled to Tuesday, the White House said, after announcing the U.S. president would undergo an unscheduled root canal. (Reporting by Trevor Hunnicutt; writing by Rami Ayyub; editing by Tim…
(Reuters) – Verizon Communications is searching for a new finance chief and looking for potential candidates to later succeed CEO Hans Vestberg, the Wall Street Journal reported on Monday citing people familiar with the matter. The company had reshuffled its senior leadership roles in March and appointed Tony Skiadas to replace former Chief Financial Officer…
By Blake Brittain (Reuters) – Alphabet’s YouTube and Grammy-winning composer Maria Schneider said in a court filing on Sunday that they agreed to dismiss Schneider’s San Francisco federal lawsuit accusing the video-sharing site of enabling the piracy of her works. A trial in the copyright infringement case had been set to begin on Monday. YouTube…
By Ludwig Burger (Reuters) -Novartis said it has agreed to acquire U.S. biotech firm Chinook Therapeutics for up to $3.5 billion to boost its late-stage drug development line-up, raising the stakes in the race for a rare kidney disease treatment. Seattle-based Chinook’s shareholders will receive $3.2 billion, or $40 per share, in cash under the…
(Reuters) – U.S. President Joe Biden’s picks for Federal Reserve Vice Chair and to fill one vacant Fed Board seat will appear before the Senate Banking Committee on June 21 for a nomination hearing, according to an email from the committee chair Sherrod Brown. The panel will also consider the renomination of Fed Governor Lisa…
By Renju Jose SYDNEY (Reuters) -A man was charged with dangerous driving on Monday after at least 10 wedding guests were killed when the bus they were travelling in crashed at a roundabout in Australia’s worst bus accident in almost 30 years, police said. Twenty-five people were injured in the accident around 11:30 p.m. (1330…
By Sybille de La Hamaide PARIS (Reuters) – French Finance Minister Bruno Le Maire said last week he had secured a pledge from 75 top food companies to cut prices on hundreds of products next month to reflect a fall in raw material costs. Supply disruptions exacerbated by Russia’s invasion of Ukraine last year boosted…
By Hamza Ibrahim KANO, Nigeria (Reuters) – In a small factory in Nigeria’s northern Kano city, Muhammad Khamis Umar stares at stacks of plastic products that have not been sold for over a week since new President Bola Tinubu scrapped a fuel subsidy, sharply driving up the cost of petrol. Most of Umar’s customers came…
