By Jonathan Stempel (Reuters) – Home Depot has agreed to pay $72.5 million to end a long-running class-action lawsuit alleging the largest U.S. home improvement retailer underpaid workers in California. The preliminary settlement was filed late Thursday in a San Francisco federal court, and requires a judge’s approval. Half of the settlement, after taking out…
By Elena Rodriguez and Joan Faus MADRID/BARCELONA (Reuters) – Protesters wearing white masks and carrying signs reading “massacre” and “Europe responsible” marked the anniversary on Friday of a mass attempt to cross from Morocco into the Spanish enclave of Melilla in which at least 23 migrants and refugees died. Speakers from the Spanish umbrella rights…
MADRID (Reuters) – The co-founder of OceanGate Expeditions, which owned the submersible that imploded during a dive to the Titanic wreck, defended on Friday the chief executive’s commitment to safety and risk management after he died with four others on the craft. Guillermo Söhnlein, who co-founded OceanGate with Stockton Rush in 2009, left the company…
By Dan Burns (Reuters) – U.S. business activity fell to a three-month low in June as services growth eased for the first time this year and the contraction in the manufacturing sector deepened, closely watched survey data out Friday showed. The overall picture, though, indicated U.S. economic growth ticked up a notch in the second…
By Ann Saphir SAN FRANCISCO (Reuters) – Two more U.S. interest-rate hikes this year is a “very reasonable” projection, San Francisco Federal Reserve Bank President Mary Daly said, but given how fast rates have risen already and how close they are to where they probably need to be, it’s better to move more slowly and…
By Jack Queen (Reuters) -Liability waivers signed by passengers on a submersible lost at sea during a dive to the Titanic wreck may not shield the vessel’s owner from potential lawsuits by the victims’ families, legal experts said. The Titan submersible vanished on Sunday roughly two hours into its dive and was found in pieces…
(Reuters) – Russia will not inform the U.S. about the number of nuclear warheads it is stationing in Belarus or tests of its nuclear-capable Poseidon torpedo, the Interfax news agency quoted Deputy Foreign Minister Sergei Ryabkov as saying on Friday. Moscow and Minsk say Belarus has already begun receiving the Russian tactical, or short-range, nuclear…
By John Irish and Leigh Thomas PARIS (Reuters) -Multilateral development banks like the World Bank are expected to find $200 billion in extra firepower for low-income economies by taking on more risk, a move that may require wealthy nations to inject more cash, world leaders said on Friday. The leaders, gathered at a summit in…
BUCHAREST (Reuters) -Internet personality Andrew Tate will remain under house arrest in Romania for another 30 days from the end of June pending trial on charges of human trafficking, a Bucharest court ruled on Friday. Tate was indicted on Tuesday along with his brother Tristan and two Romanian female suspects for human trafficking, rape and…
By Arriana McLymore and Katherine Masters NEW YORK (Reuters) -Amazon.com Inc isn’t the only U.S. retailer accused of using deceptive tactics to sell memberships to shoppers. From big-box chains Walmart and Best Buy to specialty retailers like Savage X Fenty and Adore Me, retailers’ subscription programs are facing growing scrutiny. Many collect monthly fees from…
