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FILE PHOTO-A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsNEW YORK, Aug 23 (Reuters) - Goldman Sachs (GS.N), JPMorgan Chase (JPM.N), Morgan Stanley (MS.N) and UBS (UBSG.S) have agreed to pay $499 million to settle an antitrust lawsuit by investors who accused them of conspiring to stifle competition in the stock lending market. They also agreed to cooperate in the investors' case against the final defendant, Bank of America (BAC.N). Spokespeople for Bank of America and UBS declined to comment. EquiLend's governance changes include new restrictions on how board members share information, and limits on how many board seats each bank can hold.
Persons: Denis Balibouse, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Jonathan Stempel, David Gregorio Our Organizations: Swiss, UBS, REUTERS, JPMorgan, Investors, Credit Suisse, Bank of America, Spokespeople, U.S . Department, Iowa Public Employees, Bank of America Corp, Court, Southern District of, Thomson Locations: Zurich, Switzerland, Manhattan, U.S, Southern District, Southern District of New York, New York
The US Navy officially decommissioned USS Sioux City this week. The $362 million Littoral Combat Ship has been in service roughly four years and nine months. USS Sioux City, a Freedom-class Littoral Combat Ship, was commissioned into service with the Navy on November 17, 2018. In September last year, the Navy decommissioned the Independence-class Littoral Combat Ship USS Coronado after just eight years of service. USS Sioux City conducts a passing exercise with an Egyptian Navy frigate in the Red Sea in July 2022.
Persons: Brandon J, Vinson, Capt, Daniel Reiher, Nicholas S, Tenorio, Nicholas A, Bob Scott, Scott, Seaman Juel Foster, James Stavridis, Stavridis Organizations: US Navy, Navy, Service, USS, Naval, Brandon, Sioux, Coast Guard, Mayport, Littoral Combat Ship Training, Combat, Combat Ships, USS Sioux City, Egyptian Navy, Russell, Russell Sioux City, Iowa Public, Littoral Combat, USS Navy, Communication, Ships Locations: Sioux City, Wall, Silicon, USS Sioux City, Florida, Iowa, Coronado, Littoral, Souda Bay, Greece, USS Sioux, Egyptian, Red, Russell Sioux, China
Bills to block the app on state devices in California, Massachusetts, New York and Vermont have also been proposed. University of IdahoSchool’s policy: TikTok must be removed from university equipment "regardless of funding source," according to the school's help page. South Dakota University SystemSchool’s policy: The South Dakota Board of Regents, which governs six universities including Black Hills State University, University of South Dakota, Northern State University, Dakota State University, South Dakota State University and South Dakota Mines, told employees they could not use, download or access TikTok on university devices. University of Texas — AustinSchool’s policy: On Dec. 16, university officials announced that TikTok would be banned on state-issued devices. Texas Tech UniversitySchool’s policy: University employees are prohibited from using TikTok on school-issued devices and official university TikTok accounts must be deactivated.
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