Hyundai, Kia agree to $200 million settlement over US car thefts
By David Shepardson WASHINGTON (Reuters) – Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200…
Business
Australia’s AMP fined $16 million for charging fees to deceased clients
(Reuters) -Troubled Australian wealth manager AMP Ltd will pay a court-mandated penalty of A$24 million ($16.3 million) for billing dead…
Lazard CEO Jacobs set to step down, Orszag to take helm -source
By Anirban Sen NEW YORK (Reuters) -Lazard Ltd CEO Ken Jacobs is expected to step down from his role and…
US weighs suit against Korean Air’s planned acquisition of Asiana -Politico
WASHINGTON/SEOUL (Reuters) -The U.S. Justice Department is considering suing to block Korean Air’s planned acquisition of Asiana Airlines, Politico reported…
Canada’s antitrust regulator sues Cineplex over alleged misleading ticket prices
(Reuters) -Canada’s competition regulator said on Thursday it was suing Cineplex Inc for advertising movie tickets at a lower price…
Brazil’s Americanas to seek bidders for fruit and vegetable unit
SAO PAULO (Reuters) – Brazil retailer Americanas SA said on Thursday it will next week start to seek potential bidders…
Disney cancels plans for $1 billion campus, 2,000 jobs in Florida
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney Co is scrapping plans to build a nearly $1…
Apple restricts use of OpenAI’s ChatGPT for employees -WSJ
(Reuters) -Apple Inc has restricted the use of ChatGPT and other external artificial intelligence tools for its employees as Apple…
U.S. Midwest grid operator flags urgent need for market reforms
(Reuters) – The electric grid operator for the U.S. Midwest on Thursday drew attention to the pressing need to reform…
China, US commerce and trade chiefs to meet next week
By David Brunnstrom, Michael Martina and David Lawder WASHINGTON (Reuters) -China’s commerce minister will visit the United States next week…