Russia is rotting in absurdity and repression, veteran rights campaigner says

(This July 12 story has been refiled to remove an additional word in paragraph 1) By Guy Faulconbridge and Filipp Lebedev MOSCOW (Reuters) – Russia is decaying in a potent brew of absurdity and repression that is comparable to the Leonid Brezhnev-era of the Soviet Union, Oleg Orlov, one of Russia’s most respected human rights…

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HBO’s ‘Succession,’ ‘Last of Us’ lead nominees for TV’s Emmy awards

By Lisa Richwine and Danielle Broadway LOS ANGELES (Reuters) -HBO drama “Succession,” the story of a cutthroat fight for control of a family’s media empire, led the nominees for television’s Emmy awards on Wednesday with 27 nods for the show’s final season. Nominations for the highest honors in television were announced as Hollywood was in…

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Hollywood studios race to avoid actors’ strike at midnight

By Lisa Richwine LOS ANGELES (Reuters) -Hollywood’s major film and television studios and the union representing 160,000 actors were engaged in last-ditch talks on Wednesday ahead of a midnight deadline to try to avoid a second labor strike in the entertainment business. SAG-AFTRA, Hollywood’s largest union, is demanding higher compensation in the streaming TV era…

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With 735 million people hungry, UN says world is ‘off track’ to meet its 2030 goal

By Leah Douglas (Reuters) – About 735 million people worldwide faced chronic hunger in 2022, a figure much higher than before the COVID-19 pandemic and which threatens progress towards a global goal to end hunger by 2030, said the United Nations on Wednesday. A multi-year upward trend in hunger rates leveled off last year as…

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Hollywood studios, actors agree to mediation as strike deadline looms

By Lisa Richwine LOS ANGELES (Reuters) -Negotiators for the SAG-AFTRA actors union agreed late Tuesday to call in a federal mediator to try to forge a last-minute agreement with Hollywood studios and avoid a second simultaneous strike in the entertainment business. The 160,000 members of SAG-AFTRA, Hollywood’s largest union, have authorized a strike if a…

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US airline stock valuations stuck on runway despite travel boom

By Rajesh Kumar Singh CHICAGO (Reuters) -Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. However, their shares have not shown the same trajectory as questions linger about the sustainability of consumer spending. Airline shares have suffered because of bearish sentiment about the broader economy as interest rates are up…

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Benihana’s owner explores sale of restaurant chain-sources

By Abigail Summerville NEW YORK (Reuters) – The private equity owner of Benihana Inc is exploring a sale that could value the U.S. restaurant chain, known for its Japanese teppanyaki and sushi, at around $600 million or more, including debt, according to people familiar with the matter. The potential sale comes after Cava Group Inc’s…

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Microsoft’s $69 billion Activision deal gets US judge go-ahead, UK softens opposition

By Diane Bartz WASHINGTON (Reuters) -Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday, after a U.S. judge gave a thumbs-up to the $69 billion deal and a British regulator suggested it could reconsider its opposition. Activision shares surged 10% on the day, as the U.S. and Britain have…

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