By Maximilian Heath and Miguel Lo Bianco SAN VICENTE, Argentina (Reuters) – In Argentina’s grains fields and cattle ranches, farmers are hoping upcoming elections will bring political change and an end to years of economic uncertainty, ushering in freer markets with fewer currency controls and export limits. The South American country will vote in open…
Quick Overview: A massive financial move on Adobe (NASDAQ:ADBE) has caught our eye. Is this a single high-roller or a big institution making the play? Hard to tell. But such moves typically signal that someone in-the-know expects changes on the horizon. Digging Into The Details: Today’s Activity: 25 unusual options trades related to…
In a Nutshell: The U.S. administration has tightened its belt on tech investments in China, hinting at an approach that puts national security in the limelight. This measure, echoing the lessons learned from past interactions with Russia, highlights the evolving dynamics between the U.S. and China, especially amid concerns over Taiwan. Dive Deeper:…
(Reuters) – The union representing striking Hollywood writers said on Friday it had received a counterproposal from the studios that it would consider, an apparent sign of progress in the more than 100-day-old strike. The Writers Guild of America (WGA) said it would respond next week “after deliberation” on the offer from the Alliance of…
By Blake Brittain (Reuters) – Universal Music Group, Sony Music Entertainment and other record labels on Friday sued the nonprofit Internet Archive for copyright infringement over its streaming collection of digitized music from vintage records. The labels’ lawsuit filed in a federal court in Manhattan said the Archive’s “Great 78 Project” functions as an “illegal…
By John Kruzel and Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday agreed to hear a challenge by President Joe Biden’s administration to the legality of OxyContin maker Purdue Pharma’s bankruptcy settlement, putting on hold a deal that would shield its wealthy Sackler family owners from lawsuits over their role in the country’s…
(Reuters) -Private jet company Wheels Up Experience is in talks with lenders about a debt restructuring while exploring other options to avoid bankruptcy, the Wall Street Journal reported on Friday. The company, which offers flight charters, has recently started discussions with Bain Capital and MSD Capital, holders of more than $260 million in equipment financing…
By Alexandra Valencia and Julia Symmes Cobb QUITO (Reuters) -Assassinated Ecuadorean presidential candidate Fernando Villavicencio was honored on Friday at a funeral mass and public memorial in Quito, as a legislative candidate reported an armed attack during which she was lightly injured. Villavicencio, a former lawmaker and crusading anti-corruption journalist, was gunned down as he…
By Brendan Pierson (Reuters) -A federal judge temporarily blocked an Idaho law requiring public school students to use the restroom corresponding to their assigned sex at birth, in a lawsuit brought by the family of a transgender middle school student. U.S. District Judge David Nye said his temporary restraining order Thursday did not weigh on…
By Dan Whitcomb (Reuters) – A 3-year-old girl from Venezuela being transported to Chicago from Texas by bus with other migrants died at a local Illinois hospital after showing signs of illness, the Texas Department of Emergency Management said on Friday. “Once the child presented with health concerns, the bus pulled over and security personnel…
