By Joseph Ax (Reuters) – Nine women have filed a lawsuit in Nevada accusing comedian Bill Cosby of sexual assault, the latest in a long series of misconduct allegations against the once-beloved entertainer. The alleged assaults took place between 1979 and 1992 in various locations in Nevada, including in Cosby’s backstage dressing room and his…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Bank of Japan, the most dovish major central bank in the world, announces its latest policy decision on Friday, with markets highly sensitive to signs of when and to what degree it will ditch…
By Karen Sloan (Reuters) – The experience of two highly selective public U.S. law schools offers a guide for other schools to admitting diverse students should the U.S. Supreme Court ban colleges and universities from considering race as a factor in their admissions decisions, as it is expected to do before the term ends this…
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic acknowledged Thursday more issues with his past financial disclosures, as part of a general release by the regional Fed banks of financial disclosure forms for their leaders covering 2022. Bostic already acknowledged last year what he deemed as inadvertent errors…
By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co Chief Financial Officer Christine McCarthy is stepping down from her position to take family medical leave and will help search for a long-term successor, the company said on Thursday. Kevin Lansberry, currently chief financial officer for Disney’s parks, experiences and products division, will serve…
By Hyunjoo Jin and Samrhitha A (Reuters) -SK Signet said on Thursday it will introduce electric-vehicle chargers compatible with Tesla’s technology this year, following recent moves by major automakers Ford and GM to adopt Tesla’s North American Charging Standard (NACS). Electric vehicle charging companies are cautiously embracing Tesla’s charging design, as they are in danger…
By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Thursday scheduled the writer E. Jean Carroll’s second defamation trial against former U.S. President Donald Trump for next January. U.S. District Judge Lewis Kaplan in Manhattan said the civil trial, where the former Elle magazine columnist is seeking at least $10 million in damages,…
By Sinéad Carew and Marc Jones NEW YORK, LONDON (Reuters) – MSCI’s global index of stocks rose on Thursday to its highest level since April 2022 after strong U.S. economic data, but the dollar slid following the European Central Bank’s interest rate increase a day after the Federal Reserve paused its hikes. While U.S. jobless…
By Chibuike Oguh NEW YORK (Reuters) -Microsoft Corp shares rose to a new record high close on Thursday as market optimism about the prospects of artificial intelligence (AI) has helped buoy the technology giant to a record market capitalization of $2.59 trillion. Microsoft is seen as a leader in the adoption of AI technology in…
(Reuters) – Bed Bath & Beyond’s lender Sixth Street Partners is considering bidding for at least some of the bankrupt retailer’s assets, the Wall Street Journal reported on Thursday, citing a court hearing. Sixth Street is planning to use more than $500 million of its debt in the company to bid, the report said, citing…
