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U.S. judge grants preliminary approval to Juul settlement
  + stars: | 2023-01-20 | by ( ) www.reuters.com   time to read: +1 min
Jan 20 (Reuters) - Juul Labs Inc won preliminary approval of a settlement aimed at ending thousands of lawsuits alleging the company was a major cause of a youth-vaping epidemic in the United States, according to a court filing on Friday. U.S. District Judge William Orrick in San Francisco said Juul's deal to settle almost 10,000 lawsuits filed by local governments across the country seemed to be "fair, reasonable, and adequate." Juul did not immediately respond to a Reuters request for comment. The court document provided no details of the terms of the settlement. The company earlier said it had reached settlements with about 10,000 plaintiffs covering more than 5,000 cases in California.
The Sundance Film Festival has long been known for premiering some of the most original — and ultimately the most award-winning — indie titles of the year. As the most notable international film festivals increasingly feature queer titles in their lineups, it’s no surprise that much of the exciting content premiering at this year’s Sundance Film Festival comes from LGBTQ filmmakers or features queer themes. The Premieres sectionAs usual, many of the year’s most high-profile films, including those from queer creators and featuring queer storylines, are coming out of the festival’s Premieres section. Courtesy of Sundance InstituteEnglert’s film will screen in the world cinema dramatic section alongside queer films “Girl,” from U.K. filmmaker Adura Onashile, and “Mamacruz,” from Spanish director Patricia Ortega. The list of LGBTQ creators and titles doesn’t end there, making this perhaps the most significant Sundance Film Festival for queer cinema yet.
Companies Costco Wholesale Corp FollowJan 17 (Reuters) - A U.S. judge on Tuesday said Costco Wholesale Corp (COST.O) must face a lawsuit claiming it falsely advertises and labels its canned tuna as "dolphin safe" despite using fishing methods that harm and kill dolphins. The Issaquah, Washington-based retailer said Wright only speculated about the risk to dolphins in tuna she bought, and that it made no promises about dolphin safety beyond using a "dolphin safe" logo on labels. He said this was particularly important because consumers "overwhelmingly" prefer tuna labeled dolphin-safe when given a choice. The case is Wright v Costco Wholesale Corp, U.S. District Court, Northern District of California, No. Reporting by Jonathan Stempel in New York; Additional reporting by Mehr Bedi in Bengaluru; Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.
A Montana man who prosecutors say brought his son to the Capitol attack was arrested earlier this month. Prosecutors said O'Brien and his son drove from Montana to DC over the course of three days. Prosecutors said O'Brien and his young son, whose age was not specified, took a road trip to reach the nation's Capitol in time for the insurrection. The duo traveled 39 hours over the course of three days to reach DC, according to court documents obtained by the Associated Press. Security and surveillance footage from the Capitol caught O'Brien and his son inside the building on Jan. 6, according to prosecutors.
Alcoa Corp. named a new finance chief amid a wider executive reshuffle as the aluminum producer faces soaring energy costs and volatile prices. Ms. Beerman succeeds current CFO William Oplinger, who will become chief operations officer next month after about six years in the top finance role. In addition, two executive vice presidents—Chief Operations Officer John Slaven and Chief Innovation Officer Benjamin Kahrs —are leaving as part of the restructuring, Alcoa said. It will “ensure continued improvement and focus on Alcoa’s strategies to operate as a low-cost, margin-focused, sustainable producer,” Chief Executive Roy Harvey said in a statement. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team.
Alcoa Corp. on Tuesday unveiled an executive shake-up that includes the appointment of new chief financial and operations officers for the aluminum giant. The Pittsburgh, Pa.-based company said William Oplinger, currently executive vice president and chief financial officer, will become chief operations officer on Feb. 1, while Molly Beerman, currently senior vice president and controller, will become executive vice president and finance chief. PREVIEW Mr. Oplinger has been Alcoa’s chief financial officer since the separation of Alcoa Inc. into two separate companies in November 2016. Alcoa said a pair of executive vice presidents—Chief Operations Officer John Slaven and Chief Innovation Officer Benjamin Kahrs —are leaving as part of the restructuring. Alcoa said Renato Bacchi, currently executive vice president and chief strategy officer, will become chief strategy and innovation officer, taking on oversight of the company’s research-and-development technologies.
Prince Harry has accused his brother Prince William of physically attacking him during an argument over his marriage to Meghan, The Guardian reported Thursday. Representatives for Prince Harry and the publisher Penguin Random House did not immediately respond to requests for comment. Kensington Palace, which represents Prince William, and Buckingham Palace, which represents King Charles, declined to comment on allegations made in the book. Harry reportedly says that he was scared of his brother, who was furious and following him around the house. Harry writes that he initially only spoke to a therapist about the alleged incident, according to the leak.
LONDON, Jan 5 (Reuters) - Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip from an upcoming interview with broadcaster ITV, adding that staying silent about his issues with the British royal family would not help matters. Asked if he would attend the coronation if he is invited, Harry says: "There is a lot that can happen between now and then. "There's a lot to be discussed and I really hope that they are willing to sit down and talk about it." "I don't know how staying silent is ever going to make things better," Harry said. The ITV interview and a separate appearance on U.S. broadcaster CBS's "60 Minutes" programme will be shown on Sunday, two days before publication of Harry's autobiography.
[1/4] Britain's Catherine, Princess of Wales records an introduction for "Royal Carols: Together At Christmas" broadcast at Westminster Abbey in London, Britain December 14, 2022. Kensington Palace/Handout via REUTERSLONDON, Dec 22 (Reuters) - Britain's Princess of Wales paid tribute to Queen Elizabeth at a carol service in Westminster Abbey, saying the royal family's first Christmas without the late monarch would "feel very different". King Charles, accompanied by Queen Consort Camilla, joined his son Prince William, Kate and other members of the family at the service in the abbey, where Elizabeth's funeral was held in September. Kate, who is William's wife and became Princess of Wales after Charles ascended to the throne, hosted the event and dedicated it to Elizabeth and "all those who are sadly no longer with us". "So, whilst Christmas will feel very different this year, we can still remember the memories and traditions we shared," Kate said in an introduction to the service.
REUTERS/Dylan MartinezLONDON, Dec 15 (Reuters) - The final three episodes of Prince Harry and his wife Meghan's Netflix documentary series air on Thursday, with more criticism expected to be directed at the British royals just as King Charles and his family gather for a Christmas carol service. "I wonder what would have happened to us had we not got out when we did," Harry says in a trailer. Newspapers have also cited former unnamed royal aides challenging the couple's narrative in the documentaries, saying there were inaccuracies in their accounts. Both Buckingham Palace and William's office, Kensington Palace, have said they would not be commenting on the documentaries. The service will also be dedicated to the late Queen Elizabeth, whose funeral was held in the Abbey in September.
LONDON, Dec 12 (Reuters) - Prince Harry appeared to say Britain's royal household was prepared to lie to protect his elder brother Prince William, in a new trailer released on Monday for the remaining episodes of a Netflix documentary series about him and his wife Meghan. While the initial episodes contained no new bombshells for the royal family, in the latest trailer, shared on Twitter by Netflix ahead of the release of the remaining three episodes on Thursday, Harry refers to "institutional gaslighting". "They were happy to lie to protect my brother, they were never willing to tell the truth to protect us," Harry later says. At one point, Meghan also says: "I wasn't being thrown to the wolves, I was being fed to the wolves." Netflix said that members of the royal family had declined to comment within the series, but a royal source said neither the palace nor representatives of Prince William or other royals had been approached.
BENGALURU, Dec 6 (Reuters) - Foreign portfolio investors (FPIs) bought Indian stocks worth 362.38 billion rupees ($4.4 billion) in November, marking the second best month of overseas inflows into equities this year, data from the National Securities Depository Ltd showed. The surge in inflows comes at a time when Indian shares rose to record highs. Last month's foreign inflows into stocks trailed only those in August, when FPIs purchased 512.05 billion rupees. The Nifty Bank index (.NSEBANK) added 4.66%, while the Nifty FMCG (.NIFTYFMCG) index rose 2.8% in November. Nagaonkar added that foreign fund inflows could further rise on hopes of moderation in the Federal Reserve's rate hike cycle.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe euro and pound are likely to 'revisit their extreme lows' in 2023, strategist saysRon William of RW Advisory discusses the outlook for the U.S. dollar and other currencies.
President Biden Meets With Prince William in Boston
  + stars: | 2022-12-02 | by ( Andrew Restuccia | ) www.wsj.com   time to read: 1 min
President Joe Biden meets with Britain’s Prince William outside the John F. Kennedy Presidential Library and Museum in Boston on Friday. President Biden met with Prince William in Boston on Friday to discuss efforts to address climate change and mental health, according to the White House. Prince William and Princess Catherine are visiting Boston for the Earthshot Prize award ceremony on Friday. The prize recognizes individuals or groups who are working on innovative projects to deal with climate change and other environmental problems. Each year, five winners are awarded £1 million, or about $1.23 million, each.
The bubble in predicting the end of the world
  + stars: | 2022-12-01 | by ( Edward Chancellor | ) www.reuters.com   time to read: +7 min
Former U.S. Treasury Secretary Larry Summers says the world faces the “most complex, disparate and cross-cutting set of challenges” he’s ever encountered. In his wittily titled “The End of the World is Just the Beginning”, the geopolitical strategist suggests that a number of countries from Germany to China face insuperable demographic challenges. The threat to America’s global hegemony from China is the subject of Ray Dalio’s “The Changing World Order”. The U.S. stock market bubble has only partially deflated, bond yields around the world trail below inflation, and global property markets are exposed to rising interest rates. The Assyrian who forecast the world would end in 2800 BC was wrong.
LONDON, Nov 4 (Reuters) - Britain's Prince William on Friday unveiled the finalists for his Earthshot prize, which awards 1 million pounds ($1.12 million) each to five winners developing solutions to major environmental problems. The 15 finalists across five categories range from a Kenyan startup that makes cleaner-burning stoves to a city-wide recycling initiative in Amsterdam. The prize received more than 1,000 nominations. Other prize finalists include an Omani initiative to remove carbon dioxide by turning it into rock, an Indian business making a sustainable alternative to leather from used flowers, and a Chinese team trying to turn barren desert into fertile soil. ($1 = 0.8940 pounds)Reporting by Sachin Ravikumar; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
The damages trial is scheduled for March. Lawyers for Tesla and Diaz did not immediately respond to requests for comment on Monday. Tesla on Friday said the issues of liability and damages are “inextricably interwoven,” and Diaz must start from scratch with a full retrial. Tesla is facing a series of lawsuits involving alleged widespread race discrimination and sexual harassment at the Fremont factory, including one by a California civil rights agency. The company last month counter-sued the agency, claiming it filed the lawsuit without following the procedures required by state law.
But have you ever considered real-estate investing? If you aren't yet a subscriber to Investing Insider, you can sign up here. Our research culminated in a definitive guide to getting into real-estate investing. Among Mittal's funds is the StocksPlus Long Duration Fund, which consistently beats 99% of peers. — Bill Miller, the founder of Miller Value Partners, whose record-setting fund trounced the market for 15 consecutive years
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