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Crop Watch corn and soybean fields were stressed last week under mostly dry conditions, but multiple rounds of rain over the weekend prevented yield expectations from declining. Last week’s Crop Watch rain totals were mostly concentrated over the weekend, though not all areas received the needed soaking. More than 3 inches of rain were observed in South Dakota, Nebraska, western Iowa and western Illinois, and Indiana picked up 2 inches. For example, the western Iowa producer this week described his beans as phenomenal while the Ohio field was said to look incredible. The North Dakota corn is in Griggs County and the soybeans are in Stutsman County.
Persons: Dane Rhys, dews, Karen Braun, Matthew Lewis Organizations: REUTERS, U.S . Crop, Crop Watch, Producers, Crop, Reuters, Thomson Locations: Ravenna , Ohio, U.S, NAPERVILLE , Illinois, Kansas, Nebraska, Illinois, North Dakota, South Dakota , Nebraska, Iowa, Indiana, Ohio , Kansas, Minnesota, North Dakota , Nebraska, government’s, Ohio, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, The North Dakota, Griggs County, Stutsman County
Guyana President Irfaan Ali meets with U.S. Secretary of State Antony Blinken at the State Department in Washington, U.S., July 25, 2022. Any project would be at least 51% owned by the Dominican Republic government, according to the terms of the preliminary agreement, which was seen by Reuters. The pact was signed by Guyana President Irfaan Ali and Dominican Republic President Luis Abinader during Ali's trip to Santo Domingo. "(The) Dominican Republic is also interested in exploring for oil, food production and petrochemicals," in Guyana, Ali added without providing details. The potential alliance with the Dominican Republic is for a second refinery project in Guyana.
Persons: Irfaan Ali, Antony Blinken, Sarah Silbiger, Luis Abinader, Ali, Kiana Wilburg, Matthew Lewis, Grant McCool Organizations: U.S, State Department, REUTERS, Companies Exxon Mobil Corp, GEORGETOWN, Dominican Republic, Reuters, Guyana, Guyanese, Authorities, Exxon Mobil, Thomson Locations: Guyana, Washington , U.S, Dominican Republic, Dominican, Santo Domingo, Guyanese, Georgetown
A mother and calf vaquita, a critically endangered small tropical porpoise native to MexicoÕs Gulf of California, surface in the waters off San Felipe, Mexico in this handout picture taken in 2008. Paula Olson/NOAA Fisheries/Handout via REUTERS/ File PhotoMEXICO CITY, Aug 7 (Reuters) - The International Whaling Commission (IWC) said on Monday it has issued an extinction alert for the endangered vaquita porpoise, whose population is estimated to have shrunk to less than a dozen, marking the institution's first-ever extinction warning. The critically endangered vaquita, the world's smallest porpoise and native to Mexico's Gulf of California, has been imperiled by illegal gill net fishing for an endangered fish called the totoaba, whose bladder is highly valued in Asia. The alert, the IWC said, stems from its belief that a new mechanism is needed "to voice extinction concerns for an increasing range of cetacean species and populations." "The extinction of the vaquita is inevitable unless 100% of gillnets are substituted immediately with alternative fishing gears that protect the vaquita and the livelihoods of fishers," it said.
Persons: Paula Olson, Matthew Lewis Organizations: NOAA Fisheries, REUTERS, Whaling Commission, IWC, U.S, Carolina, Thomson Locations: MexicoÕs Gulf of California, San Felipe, Mexico, MEXICO, Mexico's Gulf of California, Asia, U.S
Harris County Judge Lina Hidalgo addresses the news media, the day after a deadly crush of fans during a performance by rapper Travis Scott at the Astroworld Festival, in Houston, Texas, U.S. November 6, 2021. REUTERS/Daniel Kramer/File PhotoHOUSTON, Aug 7 (Reuters) - Lina Hidalgo, chief executive of the third-largest U.S. county and the largest one in Texas, has checked in to a medical facility outside the state to be treated for clinical depression, she said on Monday. Hidalgo, a Democrat elected in 2018 to lead the county of 4.9 million residents, has battled Republican state officials over election administration and police funding. Last November, she won re-election as Harris County judge against a well-funded political novice with a slim margin of about 17,000 votes. Reporting by Gary McWilliams in Houston Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Lina Hidalgo, Travis Scott, Daniel Kramer, Harris, Hidalgo, Kim Ogg, Gary McWilliams, Matthew Lewis Organizations: REUTERS, Democrat, Republican, Thomson Locations: Harris, Houston , Texas, U.S, Texas, Hidalgo, county's, Houston
REUTERS/Eduardo Munoz/File PhotoWASHINGTON, Aug 7 (Reuters) - Major U.S. airlines on Monday asked the Federal Aviation Administration to extend cuts to minimum flight requirements at congested New York City-area airports and a Washington airport, citing a lack of adequate air traffic control staffing. Airlines can lose their slots at congested airports if they do not use them at least 80% of the time. In the Airlines for America letter, the group said air traffic control staffing and extreme weather "are unique circumstances beyond our control." In June, a government audit said the FAA faces critical air traffic staffing shortages and "lacks a plan to address them." Last summer there were 41,498 flights from New York airports where air traffic control staffing was a contributing factor in delays.
Persons: John F, Eduardo Munoz, David Shepardson, Leslie Adler, Matthew Lewis, David Gregorio Our Organizations: Kennedy International, REUTERS, Major U.S, Monday, Federal Aviation Administration, FAA, Delta Air Lines, United Airlines, Washington National Airport, Airlines for America, Reuters, Airlines, Newark Liberty International Airport, New, Philadelphia, America, Thomson Locations: New York City, U.S, Major, Washington, New York, Chicago, Newark
But new-crop export demand has started to pick up and, despite expectations for supportive weather, U.S. soybean production is far from settled given this season’s hardships. Grains have performed significantly worse over that period with December corn and CBOT September wheat down 13% and 17%, respectively. That has lifted soybeans’ price advantage versus corn to the highest August levels in three years. CBOT November soybeans to December corn ratioIn the last decade, November soybeans strengthened throughout August only twice - in 2020 and 2013. U.S. soybean export demand for 2023-24 has recently been lackluster, but U.S. beans are now cheaper than Brazilian ones for shipment to China in the later months of 2023, which should support further U.S. sales.
Persons: Karen Braun, Matthew Lewis Organizations: U.S . Department, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Chicago, Midwest, Iowa, Illinois, China
Executives said iPhone sales would improve in the fourth quarter, but did not say how much. Weaker iPhone sales were balanced by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year. That sales forecast is below analyst expectations of roughly flat fiscal fourth-quarter sales of $90.19 billion, according to Refinitiv data. Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Mac and iPad sales were $6.84 billion and $5.79 billion, respectively, compared with analyst estimates of $6.62 billion and $6.41 billion, according to Refinitiv data.
Persons: Joshua Roberts, Luca Maestri, Daniel Newman, Maestri, Tim Cook, We've, We're, Cook, Apple, Jeremy Goldman, Stephen Nellis, Yuvraj Malik, Peter Henderson, Matthew Lewis Organizations: Apple Inc, REUTERS, Wall, Apple, Android, Futurum, Reuters, Research, Major League Soccer, Apple Watch, Thomson Locations: Washington , U.S, China, CHINA, San Francisco, Bengaluru
Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. IPhone sales slightly missed analyst estimates, but were made up for by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year. That helped Apple push sales in its greater China region to$15.76 billion, from $14.60 billion in last year's same quarter. Apple said iPhone sales were $39.67 billion, below analyst expectations of $39.91 billion, according to Refinitiv data. Mac and iPad sales were $6.84 billion and $5.79 billion, respectively, compared with analyst estimates of $6.62 billion and $6.41 billion, according to Refinitiv data.
Persons: Joshua Roberts, Tim Cook, We've, We're, Cook, Apple, Stephen Nellis, Yuvraj Malik, Peter Henderson, Matthew Lewis Organizations: Apple Inc, REUTERS, Apple, Reuters, Android, Big Tech, Microsoft, Google, Research, Major League Soccer, Apple Watch, Thomson Locations: Washington , U.S, China, San Francisco, Bengaluru
Before the pandemic hit in 2020, corporate travel was the travel industry's cash cow. Investors in travel companies are concerned that the spending from vacationers cannot make up the shortfall. For months, Alaska Air's (ALK.N) business bookings have been 25% below pre-pandemic levels. JetBlue Airways (JBLU.O) said on Tuesday it will redeploy capacity away from New York to high-margin leisure destinations with business travel demand 20% below pre-pandemic levels. Recent passenger screening and fare data shows U.S. travel demand has peaked, hurting the carriers' pricing power.
Persons: Ronald Reagan, Kevin Lamarque, Shane Tackett, Bob Jordan, Kevin Kopelman, Luis Gallego, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Rajesh Kumar Singh, Doyinsola Oladipo, Sarah Young, Joanna Plucinska, David Gaffen, Matthew Lewis Organizations: Ronald Reagan Washington National Airport, REUTERS, U.S, Investors, Airlines for America, Reuters, JetBlue Airways, Southwest Airlines, Marriott, MasterCard, Delta Air Lines, American Airlines, NYSE, Cowen, British Airways, IAG, Google, JPMorgan, Thomson Locations: Ronald Reagan Washington, Arlington , Virginia, U.S, Alaska, Seattle, Mexico, Costa Rica, California, New York, Asia, Pacific, Europe, Chicago, London
Singer Lizzo denies creating hostile environment for dancers
  + stars: | 2023-08-03 | by ( ) www.reuters.com   time to read: +3 min
Lizzo's response on the social media platform X comes two days after the dancers filed the lawsuit in Los Angeles County Superior Court. The lawsuit also claims that Davis was pressured to participate in a nude photo shoot to stay in a dance competition despite her discomfort. The lawsuit also alleges that Quigley harassed the dancers by subjecting them to her religious beliefs against their will. The plaintiffs also claimed that Quigley forced the topic of Davis' virginity into conversations and interviews. Davis and Williams were eventually dismissed while Rodriguez resigned over the behavior, the lawsuit said.
Persons: Karl Lagerfeld, Lizzo, Shirlene Quigley, Melissa Viviane Jefferson, Arianna Davis, Crystal Williams, Noelle Rodriguez, Davis, Lizzo's, Ron Zambrano, Quigley, Williams, Rodriguez, Brendan O'Brien, Matthew Lewis Organizations: Metropolitan Museum, Art's, Court, Touring Inc, Thomson Locations: New York City , New York, U.S, Los Angeles, Amsterdam, Chicago
REUTERS/Brendan McDermidAug 2 (Reuters) - Occidental Petroleum (OXY.N) on Wednesday raised its full-year production forecast by 1%, but missed second-quarter profit expectations due to a slide in oil and gas prices and took a writedown to exit some operations. Weak oil and gas prices have hit earnings of U.S. oil producers after a bumper year in 2022 when Russia's invasion of Ukraine buoyed energy prices. The better-than-expected output in the quarter also helped the company raise its full-year production guidance by 1% to between 1.19 million boepd and 1.24 million boepd, from a midpoint of 1.195 million previously. Meanwhile, rival U.S. oil producers Marathon Oil (MRO.N) and APA Corp (APA.O) reported quarterly earnings that beat analysts' estimates on higher than projected output. Apache said output was tracking in line with its full-year production guidance of 404,000 to 408,000 boepd.
Persons: Brendan McDermid, Mrinalika Roy, Arun Koyyur, Matthew Lewis Organizations: Occidental Petroleum, New York Stock Exchange, REUTERS, Oil, APA Corp, Apache, Thomson Locations: New York, U.S, Ukraine, Occidental, Suriname, Bengaluru, Arathy, Houston
Leadership PACs, such as Trump's Save America committee, raise money from donors to support political campaigns in the United States. The committees are set up and controlled by lawmakers or other political leaders, but are not connected to the candidate’s campaign. CAN LEADERSHIP PACS BE USED TO PAY LEGAL FEES? However, leadership PACs such as Save America also are not allowed to directly support their own candidate's campaign. A Trump spokesman said the legal payments were made in "accordance with the law and upon the advice of counsel."
Persons: Donald Trump, Amr Alfiky, Donald Trump's, Trump, Democrat Joe Biden, Richard Briffault, Andrew Goudsward, Jason Lange, David Bario, Matthew Lewis, Gerry Doyle Organizations: U.S, Trump National Golf Club, REUTERS, Former U.S, Trump, Leadership, Save, Congress, Federal, Commission, AMERICA, Republican, Save America PAC, Democrat, BE, Columbia Law School, Democratic, Thomson Locations: Bedminster , New Jersey, U.S, Former, United States, America, Washington
Leadership PACs, such as Trump's Save America committee, raise money from donors to support political campaigns in the United States. The committees are set up and controlled by lawmakers or other political leaders, but are not connected to the candidate’s campaign. Unlike super PACs, which can raise unlimited sums from companies, unions and individuals, individual donors may contribute no more than $5,000 a year to leadership PACs. CAN LEADERSHIP PACS BE USED TO PAY LEGAL FEES? However, leadership PACs such as Save America also are not allowed to directly support their own candidate's campaign.
Persons: Donald Trump, Amr Alfiky, Donald Trump's, Trump, Democrat Joe Biden, Richard Briffault, Andrew Goudsward, Jason Lange, David Bario, Matthew Lewis, Gerry Doyle Organizations: U.S, Trump National Golf Club, REUTERS, Former U.S, Trump, Leadership, Save, Congress, Federal, Commission, AMERICA, Republican, Save America PAC, Democrat, BE, Columbia Law School, Democratic, Thomson Locations: Bedminster , New Jersey, U.S, Former, United States, America, Washington
Turner, former director of the State Department's Office of East Asia and the Pacific in the Bureau of Democracy, Human Rights and Labor, was nominated by President Joe Biden to the position in January and confirmed last week by the Senate. An unnamed spokesperson of what North Korea's state media called the Association for Human Rights Studies said Turner had earned "notoriety" for "mudslinging" over human rights issues and "spitting out coarse invective" against the country. The appointment of "such a wicked woman" highlights Washington's hostile policy toward Pyongyang, it said, warning of "retaliatory action of justice." In a separate dispatch, KCNA accused France of escalating tension by sending fighter jets for joint air drills with South Korea. Reporting by Hyonhee Shin in Seoul Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Tae, Julie Turner, Turner, Joe Biden, KCNA, Ryu Gyong, Hyonhee Shin, Matthew Lewis Organizations: U.S, State Department's Office, East, of Democracy, Human Rights, Labor, Senate, Association for Human Rights Studies, Thomson Locations: Gijungdong, SEOUL, North Korea, East Asia, North, Pyongyang, France, South Korea, U.N, Seoul
Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon/File PhotoNEW YORK, Aug 1 (Reuters) - Wells Fargo (WFC.N) said on Tuesday it expects to pay $1.8 billion to help replenish a government deposit insurance fund that was drained of $16 billion this year after three banks collapsed. Under a Federal Deposit Insurance Corporation (FDIC) proposal, Wells Fargo estimates it will face a pretax "special assessment" of $1.8 billion, which it will pay when the FDIC finalizes the rule, it said in a regulatory filing on Tuesday. Banking giants are likely to bear most of the costs of replenishing the fund, the FDIC said in May. Wells Fargo also said that separate proposals on U.S. capital rules could lead it to rejig its balance sheet.
Persons: Wells, Wells Fargo, Nupur Anand, Lananh Nguyen, Matthew Lewis, Cynthia Osterman Organizations: REUTERS, Federal Deposit Insurance Corporation, FDIC, . Banking, Thomson Locations: Wells Fargo Bank, New York City, U.S, New York
Advanced chip packaging is a crucial technology that squeezes the most horsepower from the latest chip designs, and is crucial to chip contract manufacturers vying for business. The data from LexisNexis, released last month, indicates that TSMC and Samsung have steadily invested in advanced packaging technology for years, as Intel did not keep pace with its own filings. Packaging technology enabled the industry to stitch together several chips called "chiplets" - either stacked or adjacent to one another - within the same container. Samsung has been investing in advanced packaging for years but the South Korean chip giant established a dedicated team to pursue advanced packaging in December 2022, Moonsoo Kang, the unit's chief, said in a statement. Intel disputed the idea that the size of TSMC's patent portfolio indicated that it had developed more advanced technology.
Persons: Dado Ruvic, TSMC, , Marco Richter, Moonsoo Kang, Benjamin Ostapuk, Max A, Matthew Lewis Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Reuters, Samsung Electronics, Intel, LexisNexis, Samsung, Devices, Thomson Locations: San Francisco
WASHINGTON, July 31 (Reuters) - Florida Governor Ron DeSantis said on Monday he would aim to deter China from invading Taiwan if he wins the 2024 presidential election, saying China would refrain from such an attack if the costs outweighed the benefits. "So my policy is going to be to deter that from happening," DeSantis, who is seeking the Republican presidential nomination, told Fox News on Monday when asked what he would do if China invaded Taiwan. DeSantis, like other Republican candidates, has been hawkish on China and has called it "the No. Former President Donald Trump currently leads the Republican field in public opinion polls, with DeSantis a distant second. “I am inclined to not want TikTok in the United States,” DeSantis told the newspaper.
Persons: Ron DeSantis, DeSantis, Biden, Joe Biden's, Donald Trump, , ” DeSantis, Kanishka Singh, Costas Pitas, Matthew Lewis Organizations: Fox News, U.S, Republican, Street, Thomson Locations: Florida, China, Taiwan, U.S, United States, Washington, Los Angeles
NEW YORK, July 31 (Reuters) - Global long/short hedge funds, those that bet stocks will fall or rise, were forced to unwind bearish bets that were dragging down performance in July, a Goldman Sachs report showed on Monday. Goldman Sachs (GS.N), as one of the biggest providers of lending and trading services to investors, is able to see how large hedge funds and asset managers move. Goldman wrote hedge funds may be close to the finish line of this trend, given the record levels reached. Mario Unali, senior portfolio manager at Kairos Partners, which invests in hedge funds, said hedge funds were unlikely to add long positions. "I don't expect the hedge fund industry to start chasing the market right now, at a time of seasonally low volumes and increased gap risk."
Persons: unwind, Goldman Sachs, Goldman, Mark Spiegel, Mario Unali, Carolina Mandl, Alison Williams, Matthew Lewis Organizations: YORK, Kairos Partners, Carolina, Thomson Locations: New York
That includes 2021, 2006 and 2005, where severe drought gripped 18-21% of U.S. corn in late July. U.S. corn in drought July 25This same week in 2006 featured the largest moderate drought expanse in the Corn Belt after 2023 at 46% coverage, followed by 38% in 2005 and 36% in 2021. But it is interesting that corn yields landed close to trend in those five years. Some 4% of spring wheat is in severe drought, the first trace of severe drought since April. North Dakota’s spring wheat yield reached a record 50 bpa in 2022 despite fears that delayed planting would be limiting.
Persons: North, Karen Braun, Matthew Lewis Organizations: U.S . Drought Monitor, Agriculture, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, North Dakota, North
Arif Virani, a Toronto member of parliament, was appointed justice minister in a broad cabinet shuffle by Prime Minister Justin Trudeau last week. "I think that empirically it's unlikely" Canada is becoming less safe, Virani told Reuters in an interview on Monday. According to Statistics Canada, the country's police-reported crime rate increased 5% last year, with the violent crime rate increasing 2%. An April poll by Leger found nearly two-thirds of Canadians surveyed thought crime had gotten worse where they lived. Canada will allow people whose sole underlying condition is a mental illness to access assisted death starting in March.
Persons: Arif Virani, Justin Trudeau, Virani, Leger, Anna Mehler Paperny, Matthew Lewis Organizations: TORONTO, Reuters, Statistics Canada, Calgary, Thomson Locations: Toronto, Canada, Uganda, Surrey, British Columbia
Crop Watch corn and soybean fields took a relatively large hit over the last week amid hot, humid weather accompanied by scarce rainfall. SCORE REDUCTIONSThe 11-field, average Crop Watch corn condition fell to 3.95 from 4.16 last week, the largest weekly cut in eight weeks. Average Crop Watch corn yield potential fell to 3.84 from 4.02 last week, also slightly lower than at the same point in the last two years. Crop Watch producers have been rating crop conditions and yield potential on 1-to-5 scales. Photos of the Crop Watch fields can be tracked on my Twitter feed using handle @kannbwx.
Persons: Karen Braun, Matthew Lewis Organizations: U.S . Crop, Crop Watch, Watch, Illinois, Crop, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Indiana, Ohio, Minnesota, Iowa, North, South Dakota, Nebraska , Kansas, Illinois, Southeastern Illinois, North Dakota, Kansas, South Dakota , Nebraska, Minnesota , Nebraska, Nebraska . Western Illinois, Nebraska, government’s, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, The North Dakota, Griggs County, Stutsman County
Franck Fife/AFP/Getty Images Norway celebrates scoring in its 6-0 victory against the Philippines on Sunday. Aisha Schulz/AP Sweden's Amanda Ilestedt, center, heads the ball to score the opening goal against Italy on July 29. John Cowpland/AP Italy's fans cheer before their team's match against Sweden at Wellington Regional Stadium, New Zealand. John Cowpland/AP China's Wang Shuang celebrates after scoring against Haiti during a Women's World Cup match on Friday, July 28. John Cowpland/AP US forward Alex Morgan is surrounded by Vietnam defenders during their opening match on July 22.
Persons: Colombia's Manuela Vanegas, Franck Fife, Alexandra Popp, Ulrik Pedersen, Manuela Vanegas, Sajad, Jaimi Joy, Reuters Linda Caicedo, Phil Walter, Getty, Dominique Randle, Hannah Peters, Hali, Rafaela Pontes, Olivia McDaniel, Norway's Caroline Graham Hansen, Abbie Parr, Sophie Roman Haug of, Jessika Cowart, Buda Mendes, Ali Riley, Katie Bowen, Molly Darlington, Julia Stierli, Alessandra Tarantino, Ramona Bachmann, Sanka Vidanagama, James Elsby, Benzina, Edina Alves Batista, Hannah Mckay, Brenton Edwards, Panama's Aldrith Quintero, Jamaica's Deneisha Blackwood, Kameron Simmonds, Luisa Gonzalez, Allyson Swaby, Herve Renard, Wendie Renard, Debinha, Katie Tucker, Aisha Schulz, Amanda Ilestedt, John Cowpland, Rebecka Blomqvist, Wang Shuang, Maddie Meyer, Dumornay, China's Dou Jiaxing, Alex Pantling, Chloe Kelly, Carl Recine, Mary Earps, Andy Cheung, Janni Thomsen, Alex Greenwood, Lauren James, Justin Setterfield, Keira Walsh, Walsh, Argentina's Mariana Larroquette, Yamila Rodriguez, Cristiano Ronaldo, Lionel Messi, Matthew Lewis, Linda Motlhalo, Lars Baron, Osinachi Ohale, Bradley Kanaris, Dan Peled, Anthony Albanese, Matt Roberts, Jéssica Silva, Vietnam's, Saeed Khan, Fiona Goodall, Daphne van Domselaar, Julie Ertz, Brad Smith, Andrew Cornaga, Lindsey Horan, Joe Prior, Catherine Ivill, Amanda Perobelli, Canada's Vanessa Gilles, Ireland's Niamh Fahey, Louise Quinn, Murty, Katie McCabe applauds, Paul Kane, Kailen Sheridan, McCabe, Stephen McCarthy, Adriana Leon, Colin Murty, Jennifer Hermoso, David Rowland, Reuters Hermoso, Spain's Alexia Putellas, Mary Wilombe, Naomoto, Japan's Mina Tanaka, Daniela Solera, Sarina Bolden, Bolden's, Hannah Wilkinson, Bolden, Victoria Esson, Katelyn Mulcahy, Hagen Hopkins, Catalina Usme, Korea's Cho, Colombia's Jorelyn, Carolina Arias, Cameron Spencer, Reuters Usme, Kim Hye, Rebecca Welch, David Gray, Brazil's Marta, Matt Turner, Borges, Khadija Er, Victoria Adkins, Germany's Alexandra Popp, Asanka Brendon Ratnayake, Morocco's Fatima Tagnaout, Hamish Blair, Cristiana Girelli, Kim Price, Francesca Durante, German Portanova, Reuters Italy's Giulia Dragoni, Estefania Banini, Dragoni, Grace Geyoro, Mark Baker, Rebecca Spencer, Robert Cianflone, Bunny, Shaw, Estelle Cascarino, Portugal's Ines Pereira, Stefanie van der, Van der Gragt, Portugal's Jessica Silva, Silva, Joe Allison, Magaia, Sweden's Elin Rubensson, Amalie Vangsgaard's, Zhang Linyan, Denmark's Pernille Harder, Gary Day, Shui, Reuters England's Alessia Russo, Haiti's Tabita Joseph, England's Lionesses, Reuters Nicolas Delépine, Kerly Theus, Zac Goodwin, Jun Endo, Zambia's Agnes Musase, Reuters Aoba, Catherine Musonda, Alex Morgan, Carmen Mandato, Megan Rapinoe, Horan, Trần Thị Kim Thanh, Sophia Smith dribbles, Ane, Esther González, Costa, Costa Rica's Mariana Benavides, Katrina Guillou, Switzerland's Gaëlle Thalmann, William West, Uchenna Kanu, Chiamaka Nnadozie, Canada's Christine Sinclair, Steph Catley, Heather Payne, Australia's Kyra Cooney, Mackenzie Arnold, Ria Percival, Ada Hegerberg, Jan Kruger, Zealand's CJ Bott, Norway's Mathilde Harviken vie, Jose Breton, Benee, Ireland's, Niamh Fahey, Vanessa Gilles, Coliin Murty, Sam Kerr, Kerr, Tony Gustavsson, Christine Sinclair, Ireland, Spain –, Japan's Hikaru Naomoto Organizations: CNN, Germany, Getty, Colombia, Reuters, Norway, Sunday, FIFA, AP, New Zealand, South, Jamaica, Brazil, France, Italy, Sweden, Wellington Regional, Haiti, China, Denmark, England, Argentina, Nigeria, Australia, Canada, Reuters Australian, Vietnam, Portugal, USSF, Ireland, Spain, Eden, Costa, Forsyth, AP Costa, Japan, New, Victoria, Panama, Morocco, Cristiana, Atlanta Primus, Zambia, Zambian, Costa Rica's, Getty Images, Zealand, AP Norway, Nations, FOX Sports, Telemundo, Seven Network, Optus Sport, BBC, ITV, Republic of Ireland, Super Falcons, coy Locations: Japan, Spain, Costa Rica, Zambia, Australia, Canada, Nigeria, AFP, Colombia, Philippines, AP Philippines, Sophie Roman Haug of Norway, New, Reuters, Morocco, South Korea, Perth, Reuters Jamaica, Brisbane, New Zealand, Reuters England, Reuters Argentina, Argentina, South Africa, Ireland, Portugal, Vietnam, United States, Netherlands, Wellington , New Zealand, Auckland , New Zealand, Costa Rican, Dunedin , New Zealand, AP Costa Rican, Reuters Switzerland, Norway, Switzerland, Sydney, Reuters Colombia, Panama, Adelaide, Germany, AP Argentina, German, Italy, Atlanta, Africa, China, European, Reuters England's Georgia, Ane Frosaker, Eurasia, Melbourne, Reuters Norway, Zealand, Eden, United Kingdom, Republic of, Republic of Ireland, Wellington
U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey, ruled that a J&J company's second bankruptcy, like its first, must be dismissed because the talc lawsuits did not put it in immediate "financial distress." J&J's first bankruptcy gambit began in 2021, when it offloaded its talc liabilities into a new company, LTL Management, and immediately placed that company into bankruptcy. Attorneys representing cancer victims, along with the U.S. Justice Department's bankruptcy watchdog, had called for LTL's second bankruptcy to be dismissed as an abuse of U.S. bankruptcy law. Andy Birchfield, an attorney who represents cancer victims, said the second bankruptcy was meant to keep the talc lawsuits from being heard by juries. J&J argued that the proposed bankruptcy settlement offers a fairer and faster resolution for cancer claimants than litigation in other courts.
Persons: Johnson, Mike Segar, imperiling, Michael Kaplan, J, Kaplan, J's, LTL's, LTL, U.S . Justice Department's, Andy Birchfield, Birchfield, Dietrich Knauth, Mike Spector, Jonathan Oatis, Matthew Lewis, Leslie Adler Organizations: REUTERS, Johnson, LTL Management, U.S . Justice, J, Thomson Locations: New York, U.S, Trenton , New Jersey, California
NEW YORK, July 28 (Reuters) - The U.S. Department of Justice on Friday asked the U.S. Supreme Court to stop Purdue Pharma from proceeding with a bankruptcy settlement that protects its Sackler family owners from lawsuits. Purdue's bankruptcy plan would shield its owners from opioid lawsuits in exchange for a $6 billion contribution to the company's broader bankruptcy settlement. Approving Purdue's bankruptcy plan "would leave in place a roadmap for wealthy corporations and individuals to misuse the bankruptcy system," the U.S Trustee argued. They said in May that the bankruptcy settlement would provide "substantial resources for people and communities in need." The Supreme Court set an Aug. 4 deadline for Purdue to respond.
Persons: Sackler, OxyContin, Dietrich Knauth, Matthew Lewis Organizations: YORK, U.S . Department of Justice, U.S, Supreme, Purdue Pharma, Purdue, U.S . Trustee, The U.S, Thomson Locations: Purdue's, U.S, Connecticut, New York
[1/3] Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. Whipsawing as traders digested the decision, the Japanese yen weakened 1.13% versus the greenback and was last at 141.05 per dollar in the New York afternoon session. U.S. annual inflation in June increased by the smallest amount in more than two years, with underlying price pressures moderating. CENTRAL BANK WEEKEarlier this week, the Fed and the European Central Bank announced interest-rate hikes, as expected. The ECB raised the possibility of a pause in September as inflation pressures show tentative signs of easing with recession worries mounting.
Persons: Florence Lo, Karl Schamotta, Adam Button, Jerome Powell, Sterling, bitcoin, Laura Matthews, Amanda Cooper, Alun John, Ankur Banerjee, Jonathan Oatis, Matthew Lewis Organizations: U.S, REUTERS, Bank of Japan, New York, Bank of, Federal Reserve, Commerce Department, ForexLive, Federal, CENTRAL, Fed, European Central Bank, ECB, Thomson Locations: Whipsawing, New, Corpay, Toronto, Japan, Bank of Japan, New York, London, Singapore
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