By Lisa Richwine LOS ANGELES (Reuters) – Former NBCUniversal Chief Executive Jeff Shell was fired for sexual harassment after an investigation found evidence that corroborated a female employee’s complaint, Comcast Corp said on Monday. On Sunday, Comcast had said that Shell was leaving the company because of “inappropriate conduct.” A two-decade veteran of the company,…
By Andrew Goudsward WASHINGTON (Reuters) – When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the ruling also could have implications for rapidly developing technologies like artificial intelligence chatbot ChatGPT. The justices are due to rule by the end of June whether Alphabet Inc’s YouTube…
By Dawn Chmielewski (Reuters) -Walt Disney Co will begin a second wave of layoffs on Monday involving thousands of jobs, as part of efforts to eliminate 7,000 positions and save $5.5 billion in costs, according to sources familiar with the matter. The company will cut “several thousand” jobs through Thursday, with the latest round of…
MILAN (Reuters) – Italian fashion house Valentino reported on Monday an 18% rise in core profit for 2022 as sales rose 10% at constant currencies, boosted by its directly operated shops and defying a weak Chinese market. Controlled by Qatari investment vehicle Mayhoola, Valentino reported preliminary revenue of 1.42 billion euros ($1.56 billion) last year….
LONDON (Reuters) – Len Goodman, the head judge on British television dancing competition “Strictly Come Dancing” and its U.S. version “Dancing with the Stars”, has died aged 78, the BBC said on Monday. Goodman was a successful professional ballroom dancer, winning the British championships in his late twenties before retiring from the sport and opening…
By Hyunsu Yim SEOUL (Reuters) – Throngs of people have been milling seemingly aimlessly around the forecourt of a museum in central Seoul, brushing silently past each other with heads bent toward smartphones while fingers frantically tap screens – in the latest money-making trend. Walking 10,000 steps, completing tasks such as subscribing to social media,…
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 3.1% in the January to March period, improving for the eleventh consecutive quarter as economic activity continued to pick up, the government said on Monday. In the December to February period, the unemployment rate stood at 3.3%. “The labour market should improve further…
BARCELONA (Reuters) – Global fashion retailers gathering in Barcelona this week will discuss how they respond to pressure from regulators and consumers to move to more sustainable models while reversing declining sales in Europe. Executives from companies including Chinese fast-fashion retailer Shein, Spain’s Mango, and Ireland’s Primark are among those attending the World Retail Congress,…
LONDON (Reuters) – Meghan, the wife of Britain’s Prince Harry, criticised the British media on Saturday over reports that letters exchanged with King Charles played a part behind her decision not to attend his coronation, her latest confrontation with the press. The Daily Telegraph reported Meghan had written to the now king to express her…
LISBON (Reuters) – Twice a year, a hatch in a busy Lisbon street opens to reveal steps leading to one of the Portuguese capital’s most ancient sites: a 2,000-year-old Roman structure that still holds the buildings above it together. Dating back to the first century AD, the “cryptoportico” subterranean maze of tunnels and passageways was…
