By Joseph Ax (Reuters) – Georgia’s top court on Monday rejected former President Donald Trump’s latest effort to block an investigation into whether he and his allies illegally sought to interfere with the state’s 2020 election, weeks before prosecutors are expected to seek formal charges. Court records showed the Georgia Supreme Court unanimously dismissed the…
By Anirban Sen NEW YORK (Reuters) -Microsoft Corp is in talks about an extension of its acquisition contract with video game maker Activision Blizzard, which is set to expire on Tuesday, so the parties can overcome the remaining regulatory hurdles to their $69 billion deal, a person familiar with the matter said on Monday. The…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Another day, another whoosh higher on Wall Street, but the double whammy of gloomy news from China on Monday is spoiling the party in Asia, and regional markets could struggle again on Tuesday. Data on…
(Reuters) – Demand for power in Texas hit a record high on Monday as homes and businesses kept air conditioners cranked up to escape a heatwave. The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the state’s power load, has said it has…
By Michelle Nichols and Guy Faulconbridge UNITED NATIONS/MOSCOW (Reuters) -A deal allowing the safe Black Sea export of Ukraine’s grain for the past year expired on Monday after Russia quit and warned it could not guarantee the safety of ships in a move the United Nations said would “strike a blow to people in need…
By Helen Coster NEW YORK (Reuters) – The head of engineering for the company that operates former U.S. President Donald Trump’s Truth Social app told Reuters on Monday he had resigned, in a blow for the venture. Alex Gleason’s departure comes amid a period of prolonged uncertainty for Trump Media & Technology Group (TMTG), which…
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round of quarterly results this week as earnings season gathers speed. Companies scheduled to report earnings this week include Tesla and Netflix, while…
By Diane Bartz WASHINGTON (Reuters) – The U.S. Federal Trade Commission is considering its options after stinging losses last week in its bid to stop Microsoft’s $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency’s fight is nearing the end. After two court losses last week, the agency’s…
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway sold 70% of its investment in Activision Blizzard in the second quarter, appearing to miss out on some gains when a federal judge said Microsoft can complete its $68.7 billion purchase of the video game maker. In a regulatory filing on Monday, Berkshire said it owned…
By Philip Pullella and Costas Pitas VATICAN CITY (Reuters) – Italian Cardinal Matteo Zuppi, assigned by Pope Francis to help bring peace to Ukraine, will discuss repatriating children who Kyiv and others say have been deported by Russia with U.S. President Joe Biden in Washington as part of a three-day visit. Zuppi will meet Biden…
