By Rachel Nostrant and Julia Harte (Reuters) – Matthew Keith bought his first Barbie dolls in the 1970s using his allowance money, hiding them from his parents for fear they would say the toys were not masculine enough. Today, 22 feet of bookshelves in his Los Angeles home are filled with his Barbie collection, worth…
By Stephen Nellis (Reuters) – Apple on Thursday asked the U.S. Supreme Court to strike down an order requiring changes to its App Store rules stemming from an antitrust case brought by “Fortnite” owner Epic Games. The iPhone maker has been in a legal battle with Epic since 2020, when the gaming firm alleged that…
SEOUL (Reuters) – South Korean steelmaking and materials conglomerate POSCO Group, headed by POSCO Holdings, said on Monday it plans to invest 121 trillion won ($93 billion) by 2030 for growth in core businesses such as steel, battery materials and hydrogen. POSCO said in a statement it plans to invest 72 trillion won, or more…
KAMPALA (Reuters) -Uganda’s parliament on Tuesday passed one of the world’s strictest anti-LGBTQ bills mostly unchanged, including provision for long jail terms and the death penalty, after the president requested some parts of the original legislation be toned down. The new bill retains most of the harshest measures of the legislation adopted in March, which…
(Reuters) -Twitter is limiting how many tweets per day various accounts can read, to discourage “extreme levels” of data scraping and system manipulation, Executive Chair Elon Musk said in a post on the social media platform on Saturday. Verified accounts were initially limited to reading 6,000 posts a day, Musk said, adding that unverified accounts…
By Timothy Gardner WASHINGTON (Reuters) -The Biden administration issued a final rule on Tuesday phasing down the use of gases known as hydroflourocarbons, or HFCs, used in refrigerators and air conditioners, in its latest step to curb emissions that cause climate change. The final rule implements a 40% reduction in use of HFCs below historic…
(Reuters) – Amazon.com Inc said on Wednesday its board approved a 20-for-1 split of the e-commerce giant’s common stock, as well as authorized the repurchase of up to $10 billion of its stock. Shares of Amazon rose 8% in extended trading. Trading is expected to begin on a split-adjusted basis on June 6, the company…
PARIS (Reuters) – EDF CEO Luc Remont told managers on Thursday that the state-owned power group’s nuclear activities would be reorganised to overcome recurring problems that cut production last year. An EDF spokesperson told Reuters a reorganisation of the nuclear division had been announced with the aim of ushering in “deep change” so that each…
By Mayela Armas, Corina Pons and Rodrigo Campos CARACAS/MADRID/NEW YORK (Reuters) – Small funds and investors outside the United States are looking to increase their exposure to Venezuelan bonds, on the expectation of debt renegotiations or of legal action tied to a looming expiry of repayment rights, investors and four financial sector sources said. Many…
By Chavi Mehta, Stephen Nellis and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday said slumping gross margins will improve in the second half of the year, a welcome sign in a difficult economy that sent shares up 4% in after-hours trading. Intel also said it was shipping a long-delayed chip in volume, and…
