Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout
By Jonathan Stempel (Reuters) – Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover…
July 7, 2023
Twitter may face difficulties showing Meta stole trade secrets
By Jody Godoy (Reuters) – Twitter’s claim that Meta Platforms stole trade secrets to build its new microblogging site may…
U.S. appeals court upholds Venezuela creditors ability to sue
(Reuters) – A U.S. court of appeals on Friday rejected Venezuela’s bid to prevent six companies from joining a proposed…
NATO allies agree to spend ‘at least 2%’ of their GDP on defence -diplomats
BRUSSELS (Reuters) – NATO allies have reached agreement to raise the alliance’s target for military spending to at least 2%…
China ends Ant Group’s regulatory revamp with nearly $1 billion fine
By Julie Zhu and Jane Xu HONG KONG (Reuters) -Chinese authorities announced on Friday a 7.12 billion yuan ($984 million)…
Yellen criticizes China’s ‘punitive’ actions against US companies, urges market reforms
By Andrea Shalal and Joe Cash BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen called on Friday for market reforms…
US labor secretary sees no need now to step into UPS-Teamsters talks
By Kanishka Singh and Nandita Bose WASHINGTON (Reuters) -Acting U.S. Labor Secretary Julie Su said on Friday she does not…
Oil prices up 3% to 9-week high on supply concerns
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% to a nine-week high on Friday as supply concerns…
Senate banking panel to vote on Fed nominees Wednesday
(Reuters) – The U.S. Senate Banking Committee will vote on Wednesday on whether to advance President Joe Biden’s pick for…
US Treasury says COVID anti-foreclosure payments reach $3.7 billion
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department said on Friday that state programs using its COVID-19 Homeowner…