By Daniel Wiessner (Reuters) – State attorney generals in New York and California on Thursday launched a joint investigation into allegations that female employees of the National Football League (NFL) have been subjected to sex discrimination and harassment. California Attorney General Rob Bonta and New York Attorney General Letitia James, both Democrats, said the investigation will…
By Lisa Richwine and Danielle Broadway LOS ANGELES (Reuters) -The group representing Hollywood studios fired back on Thursday at claims from striking film and television workers that they have been forced into the “gig economy” because of changes brought by the streaming TV era. Roughly 11,500 members of the Writers Guild of America (WGA) went…
By Blake Brittain (Reuters) – Apple Inc on Wednesday accused patent owner Arendi S.A.R.L. of revealing secret information about a settlement agreement between them, including how much Apple paid, during Arendi’s separate infringement trial against Alphabet’s Google LLC. Apple asked a Delaware federal judge to impose monetary sanctions against Arendi and its law firm Susman…
By Sheila Dang (Reuters) – Advertisers are committed to continue spending on TikTok due to its immense popularity with users despite threats of a potential ban in the U.S. over national security concerns, ad experts said. The steadfastness comes as TikTok, which is owned by Chinese tech firm ByteDance, is fighting to prevent a ban…
By Byron Kaye and Savyata Mishra (Reuters) -Australian lender ANZ Banking Group Ltd said it was diversifying beyond a residential mortgage market gripped by competition on Friday as earnings from its institutional arm overtook home lending. The country’s No. 4 lender reported a record first-half result as banks shift away from their traditional earnings engine…
By Byron Kaye and Savyata Mishra (Reuters) -Australian lender ANZ Banking Group Ltd said it was diversifying beyond a residential mortgage market gripped by competition on Friday as earnings from its institutional arm overtook home lending. The country’s No. 4 lender reported a record first-half result as banks shift away from their traditional earnings engine…
SYDNEY (Reuters) – Macquarie Group’s commodities and global markets (CGM) division head earned about A$57.6 million ($39 million) for the year ending March 31, topping the CEO’s A$32.8 million compensation, according to the Australian bank’s annual report. Nick O’Kane’s 59% pay bump – he earned A$36.2 million in the last financial year – came after…
By Michael Martina and Don Durfee WASHINGTON (Reuters) – Philippines President Ferdinand Marcos Jr dismissed criticism during an interview on Thursday that his presidential campaign played down the corruption and extravagance the Marcos family was known for during his father’s rule. Marcos told Reuters at the end of a four-day visit to Washington that…
BEIJING (Reuters) – China’s state planner will step up credit support for projects with private investment, the state-run People’s Daily reported on Friday, reinforcing efforts to encourage more private capital investment in major projects. Despite better-than-expected economic growth in the first quarter, the recovery of the world’s second-largest economy has seen public investment outpacing sluggish…
By Chris Prentice, Trevor Hunnicutt and Andrea Shalal NEW YORK (Reuters) – U.S. federal and state officials are assessing whether “market manipulation” caused the recent volatility in banking shares, a source familiar with the matter said on Thursday, as the White House vowed to monitor “short-selling pressures on healthy banks.” Shares of regional banks resumed…
