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☆ California legislature passes law aiming to protect children from abusers during custody disputes
▼ + stars: | 2023-09-15 | by ( Olivia Gentile | ) www.businessinsider.com time to read: +11 min

California's legislature unanimously passed Piqui's Law, named after a 5-year-old murdered by his father following a custody dispute. This week, the California legislature passed that bill, known as "Piqui's Law." In cases where fathers countered by claiming alienation, judges were even less likely to credit mothers, she found. At the July 11 hearing, Estevez, too, criticized a California family court's response to her reports of abuse. Jill Montes stands by as her daughter testifies before the California State Senate on April 25.

Persons: Ana Estevez, Aramazd Andressian, Piqui, Andressian, Estevez, Susan Rubio, it's, hasn't, Danielle Pollack, Pollack, Joan Meier, Meier, Rubio, Rebecca Connolly, Connolly, Maya, Sebastian, Lynn Steinberg, she'd, Jill Montes, she's, Thomas Winenger, Winenger, Montes, Steinberg, who've, Linda Gottlieb, Kayden's Law Organizations: Service, Investigations, Senate, Violence Law, George Washington University, Kayden's, Piqui's, Center for, California State Senate, Child Welfare Services, Family, American Psychiatric Association, World Health Organization, The, Department Locations: California's, Wall, Silicon, Los Angeles County, California, Pennsylvania, Washington, Santa Cruz, Florida, Sacramento, Carlsbad, Family Bridges, Maryland , Tennessee, Colorado

She finished the regular season second in the league in scoring, averaging a career-best 23 points a game. It’s been a lot of amazing basketball going on this year and makes you feel good going into the playoffs.”Stewart narrowly edged Las Vegas' A'ja Wilson by one vote from the 12-member media. It's the fourth time that an Aces player has won the award with Clark joining Dearica Hamby, who won it twice and Kelsey Plum. Joining them on the first-team are Seattle's Jewell Loyd and Las Vegas' Chelsea Gray. AP WNBA POWER POLLNew York finished atop the power poll with Las Vegas second.

Persons: Breanna Stewart, Stewart, “, ”, It’s, ” Stewart, Wilson, Alyssa Thomas, Thomas, Washington's Brittney Sykes, Alysha Clark, Clark, Dearica Hamby, Kelsey Plum, Connecticut's Stephanie White, Brionna Jones, Achilles, Brittney, Napheesa Collier, Griner, Collier, Satou, Sabally, Grace Berger, Dorka Juhasz, Diamond Miller, Jordan Horston, Haley Jones, Seattle's Jewell Loyd, Chelsea Gray, Jackie Young, Sabrina Ionescu, Arike, Ogunbowale, ___ Organizations: Liberty, Associated, Aces, Las Vegas, AP, WNBA, Sun, Boston, Indiana Fever, Dallas Wings, Diamond Miller of, Las, AP WNBA, New York, Aces ., Phoenix Locations: Seattle, New York, Diamond Miller of Minnesota, Atlanta, Las Vegas, . Connecticut, Dallas, Washington, Aces . Atlanta, Minnesota, Chicago, Los Angeles, Indiana

☆ Ginni Thomas founded a nonprofit with funding from Harlan Crow weeks ahead of the Citizens United ruling to advance conservative causes
▼ + stars: | 2023-09-11 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Ginni Thomas laid the groundwork for a nonprofit two months before the 2010 Citizens United ruling, Politico reported. The nonprofit was started with the help of Leonard Leo and funding from Harlan Crow. The nonprofit became the start of a "billion-dollar" network that moved money to conservative legal causes. "Ginni really wanted to build an organization and be a movement leader," an unnamed person familiar with the two told Politico. Soloman told Politico.

Persons: Ginni Thomas, Leonard Leo, Harlan Crow, Clarence Thomas, Thomas, Leo, Ginni, Leonard, Laura Soloman, Soloman Organizations: Politico, Service, Citizens, Liberty, Liberty Central, Liberty Consulting, Judicial, Supreme, Education Locations: Wall, Silicon, Pennsylvania

☆ Analysis: Here’s why many Black people despise Clarence Thomas. (It’s not because he’s a conservative.)
▼ + stars: | 2023-09-11 | by ( John Blake | ) edition.cnn.com time to read: +20 min

CNN —Long before he became a Supreme Court justice, Clarence Thomas told a story at a public gathering that still sounds shocking years later. Justice Clarence Thomas jokes with his clerks in his chambers at the Supreme Court building in Washington in 2016. AP“His entire judicial philosophy is at war with his own biography,” Michael Fletcher, co-author of “Supreme Discomfort: The Divided Soul of Clarence Thomas,”. “He’s arguably benefited from affirmative action every step of the way.”Thomas has admitted that he was accepted at Yale Law School under an affirmative action policy. Supreme Court Justice Clarence Thomas looks at the displays inside the Pin Point Heritage Museum.

Persons: CNN — Long, Clarence Thomas, Thomas, Ronald Reagan, ” Thomas, Diana Walker, Thomas ’, Emma Mae Martin, he’s, Harlan Crow, Crow, ”, Sen, Sheldon Whitehouse, Chip Somodevilla, “ fawning, Reagan, John L, Nikki Merritt, Merritt, Colin Powell, Condoleezza Rice, Roe, Wade, ” Sen, Alyssa Pointer, Anita Hill’s, Uncle Tom, Thomas “, Juan Williams, “, Armstrong Williams, ” Williams, Amul Thapar, Jonathan Ernst, ” Thomas ’, Thomas doesn’t, they’ve, Thurgood Marshall, ” Michael Fletcher, “ He’s, I’d, Critics, White, Malcolm X, Richard Burkhard, you’ve, pounced, “ Clarence Thomas, Black, ” Tori Otten, ” Otten, ” Juan Williams, Virginia “ Ginni ” Thomas, Trump’s, John Duricka, Williams, — Trump, Booker T, Washington, Marcus Garvey, Obama, ” “ We’ve, –, “ It’s, “ Thomas, Steven Ferdman, Jim Crow, Frederick Douglass, ” Clarence Thomas, nodded, ” Merritt Organizations: CNN, White House, Commission, Texas Republican, Republican, National Bar Association, Democrat, Georgia Senate, Georgia State Capitol, NAACP, Supreme, National Museum of, Thomas Others, Reuters, Yale Law School, Catholic, College of, Cross, AP, Yale, Heritage Museum, Savannah Morning, USA, The, New, Morehouse College, Fox News Channel Studios, Reagan Administration, Bettmann Locations: Storm, Texas, New York, Washington, Memphis, Georgia, handouts, Atlanta, American, America, Cincinnati, Pin, Savannah , Georgia, New Republic, Wisconsin, Arizona, Virginia, Black, China, India, Brazil, New York City

☆ Toronto film festival kicks off with Miyazaki's 'The Boy and the Heron', few stars
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

[1/2] Cast members Camila Morrone, Willem Dafoe and director Patricia Arquette attend the world premiere of "Gonzo Girl" at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 7, 2023. REUTERS/Mark Blinch Acquire Licensing RightsTORONTO, Sept 7 (Reuters) - The Toronto International Film Festival opened on Thursday with "The Boy and the Heron" by famed Japanese director Hayao Miyazaki, the first time an animated feature has taken the coveted spot. Studio Ghibli executive Junichi Nishioka said it was an honour for "The Boy and the Heron" to have been chosen as the opener for the festival. The film, a semi-autobiographical story of a young boy struggling with the death of his mother, is expected to Miyazaki's swan song. "Gonzo Girl" stars Arquette, Camila Morrone and William Dafoe were among the few actors gaining union approval to promote their films.

Persons: Camila Morrone, Willem Dafoe, Patricia Arquette, Mark Blinch, Hayao Miyazaki, Craig Gillespie's, Lee, Kate Winslet, Taika, Kristin Scott Thomas, Junichi Nishioka, Arquette, William Dafoe, Morrone, Duncan Crabtree, Divya Rajagopal, Nivedita Balu, Jenna Zucker, Edwina Gibbs Organizations: Toronto, Film, REUTERS, Rights, Hollywood, Ghibli, Guild of America, Screen, American Federation of Television, Radio Artists, Reuters, SAG, Thomson Locations: Toronto , Ontario, Canada, United States, Ireland

☆ Canada finance minister defends central bank independence after rate comment
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thomas White/Illustration Acquire Licensing RightsSept 6 (Reuters) - Canadian Finance Minister Chrystia Freeland defended the central bank's independence on Wednesday after her comments welcoming the Bank of Canada's decision not to increase its key interest rate raised concerns to the contrary. In a widely expected decision, the Bank of Canada held interest rates steady at a 22-year high of 5%. It is rare for Canadian government ministers to publicly back or criticize central bank policies. Like many developed economies, the Bank of Canada makes its monetary policy decisions independent of the federal government. In June, when the central bank raised rates for the first time after a four-month pause, Freeland stressed that she respected the independence of the central bank, a sentiment she repeated in a press conference later in the day.

Persons: Thomas White, Chrystia Freeland, Freeland, Derek Holt, Pierre Poilievre, Justin Trudeau's, Steve Scherer, David Ljunggren, Denny Thomas, Leslie Adler Organizations: Canadian Finance, Bank of, Bank of Canada, Conservative, Liberal, Ontario, Thomson Locations: Canada, Bank of Nova Scotia, British Columbia, Ottawa

☆ 2023 Ryder Cup teams: Shock selections, ‘criminal’ absences: Everything you need to know about the squads
▼ + stars: | 2023-09-06 | by ( Jack Bantock | ) edition.cnn.com time to read: +13 min

CNN —The teams are in – and Ryder Cup fever has officially taken hold. Team USACaptain: Zach JohnsonA member of five US teams as a player, Johnson is a veteran of the Ryder Cup. Consistency” – who accumulated more Ryder Cup points than the next two closest players combined since the start of 2022. Subsequently, selecting Koepka for his fourth Ryder Cup appearance was an “easy pick” for his captain. Rounding out the American roster are Ryder Cup rookie Burns and Morikawa, who went 3-0-1 on his debut two years ago.

Persons: Zach Johnson, Luke Donald, Marco Simone Golf, It’s, Johnson, Steve Stricker, Stricker, Davis Love III, Jim Furyk, Fred Couples, Stewart Cink, Jonathan Bachman, Scottie Scheffler, Wyndham Clark, Brian Harman, Patrick Cantlay, Max Homa, Xander Schauffele, Scheffler, Ezra Shaw, Clark, Harman, Homa, Schauffele, ” Homa, ” Harman, ” Johnson, Sam Burns, Rickie Fowler, Brooks Koepka, Collin Morikawa, Jordan Spieth, Justin Thomas It’s, LIV, Koepka, “, “ Brooks, CNN Thomas, he’s, JT, ” Thomas, Thomas, Ryder, ” Cameron Young, Keegan Bradley, Denny McCarthy, “ Zach, Ross Kinnaird, Spieth, Fowler, Burns, Morikawa, Marco Simone, that’s, Luke Donald He, Donald, Henrik Stenson, Francesco Molinari, Edoardo –, Thomas Bjørn, Nicolas Colsaerts, María, Sergio Garcia, Andrew Redington, Rory McIlroy, Jon Rahm, Viktor Hovland, Tyrrell Hatton, Matt Fitzpatrick, Robert MacIntyre, McIlroy, Rahm, Fitzpatrick, compatriot Hatton, MacIntyre, ” Donald, ”, Paul Ellis, Captain’s, Tommy Fleetwood, Sepp Straka, Shane Lowry, Justin Rose, Nicolai Højgaard, Ludvig Aberg, Swede, Ludvig, “ He’s, Fabrice Coffrini, Adrian Meronk, Paul Goydos, Adrian, There’s, Straka, Rose, Lowry Organizations: CNN, Ryder, United States, Country Club, Team Europe, Team USA, Whistling, Davis Love, Tour, PGA, CNN Sport, FedEx, Getty, USA, ” Team, Northern, Scottish, Hovland, European, Fleetwood Locations: –, Rome, Italy, Whistling Straits, Hazeltine, Saudi, Europe, Hovland, Norwegian, AFP, Switzerland, Crans Montana

☆ Higher U.S. interest rates could show effect in six months: analyst
▼ + stars: | 2023-09-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigher interest rates could take another six months to show full effect in the U.S.: analystThomas Watts, investment analyst at Abrdn, weighs in on the outlook for the U.S. economy and how developments will impact bond and equity investment.

Persons: Thomas Watts Locations: U.S

☆ Clarence Thomas says he flew on private jets because of safety concerns after the decision to overturn Roe v. Wade leaked
▼ + stars: | 2023-08-31 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Clarence Thomas claims that he needed to use private jets in the wake of the Dobbs decision leak. Thomas' use of private jets and acceptance of lavish trips has received significant scrutiny. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Protestors later marched by the conservative justices' homes in the DC area following the leak and later the Supreme Court's final opinion that reversed Roe v. Wade. In the face of criticism, Thomas has argued that he did nothing wrong by failing to previously report his trips with Crow and others.

Persons: Clarence Thomas, Dobbs, Thomas, Harlan Crow, Samuel Alito's, John Roberts, Roe, Brett Kavanaugh, Crow, filer Organizations: Service, Administrative, Congressional, Wade, Supreme, Judicial Locations: Wall, Silicon

CNN —Justice Clarence Thomas disclosed Thursday that Republican megadonor Harlan Crow paid for private jet trips for Thomas in 2022 to attend a speech in Texas and a vacation at Crow’s luxurious New York estate, as ethics questions continue to rock the Supreme Court. Thomas made the disclosures after receiving an extension to file the yearly reports that were originally due in May 2023. In a statement after the ProPublica report, Thomas acknowledged the friendship but stressed that Crow did not have business before the court. In addition, he said that he should have disclosed a 2014 private real estate deal between Crow, Thomas and members of Thomas’ family. According to the disclosure, Thomas flew down to be the keynote speaker of the event in February, but returned via private jet “due to an unexpected ice storm.”The talk was rescheduled in May and Thomas rode round trip on Crow’s plane.

Persons: Clarence Thomas, Harlan Crow, Thomas, Dobbs, Roe, Wade, “, Crow, Samuel Alito, ProPublica, Thomas ’, ” Thomas, Virginia Thomas, Leola Williams, Williams, VII, –, Elliot S, Berke, Thomas “, ”, Sen, Sheldon Whitehouse, Chip Somodevilla, Elena Kagan, Alito, ” Alito, Gabe Roth, he’s, ” Roth, Rome Alito, Duke Organizations: CNN, Republican, Judicial Conference, Old Parkland Conference, Hoover Institution, Manhattan Institute, American Enterprise Institute, Black Americans, Crow Holdings, Democrats, Supreme, Capitol, Rhode Island, Wall Street, Notre Dame, School’s, Liberty Initiative, Religious Liberty Summit, Regent University School of Law, Duke Law School Locations: Texas, New York, Georgia, Savannah , Georgia, Washington ,, Rome

☆ Clarence Thomas' lawyer says a billionaire bought his mom's house because it was in a blighted neighborhood full of junkies and they wanted her to keep living there
▼ + stars: | 2023-08-31 | by ( Taylor Berman | ) www.businessinsider.com time to read: +4 min

Billionaire Harlan Crow bought Clarence Thomas' mom's house — which the justice partly owned — in 2014. The sale was undisclosed, raising questions about the ethics of billionaires secretly doing business with Supreme Court justices. Despite the obvious ethical concerns of a Supreme Court justice doing business with a billionaire, the sale was never disclosed, and only came to light thanks to ProPublica's reporting. "In 2014, Harlan Crow, a longtime friend of Justice and Mrs. Thomas, visited Savannah with Justice Thomas," the statement from Elliot S. Berke reads. "Mr. Crow indicated he wanted to preserve the home for a possible museum and asked his team to review the idea of doing so.

Persons: Harlan Crow, Clarence Thomas, Thomas, Crow, Justice Thomas, Elliot S, Berke, Mr, he'd, Williams, ProPublica, Berke didn't Organizations: Service, Supreme Locations: Wall, Silicon, Savannah

☆ Harlan Crow appears throughout Clarence Thomas' 2022 financial disclosure after the Supreme Court justice never mentions gifts and vacations for years
▼ + stars: | 2023-08-31 | by ( Madison Hall | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Justice Clarence Thomas disclosed multiple times Harlan Crow paid for his flights in 2022. Thomas' disclosure comes after reports raised questions about Thomas' relationship with Crow. It's partially notable that Thomas' 2022 form discloses how GOP megadonor Harlan Crow gave the justice flights, meals, and lodging as the justice appeared at events around the country. In the 2022 disclosure, Thomas noted that Crow reimbursed him on three occasions in 2022 for speaking at the American Enterprise Institute, or as a "guest of source." "It blows my mind that people assume that because Clarence Thomas has friends, that those friends have an angle."

Persons: Clarence Thomas, Harlan Crow, Thomas, Crow, ProPublica, Roe, Wade, Samuel Alito, —, filer Organizations: Service, American Enterprise Institute, Dallas Morning News Locations: Wall, Silicon

☆ South Korea focuses on fiscal discipline with smallest budget increase in two decades
▼ + stars: | 2023-08-29 | by ( Jihoon Lee | ) www.reuters.com time to read: +3 min

A South Korea won note is seen in this illustration photo May 31, 2017. In its annual spending plan released on Tuesday, the finance ministry set total government expenditure for 2024 at 656.9 trillion won ($496.70 billion), up 2.8% from 2023. Big spending increases include social welfare, up by 7.5% to 242.9 trillion won, defence up 4.5% to 59.6 trillion won and corporate support by 4.9% to 27.3 trillion won. The government will issue 158.8 trillion won of treasury bonds in 2024, down from a total of 167.8 trillion won planned for this year. The net increase in treasury bonds is projected at 50.3 trillion won.

Persons: Thomas White, Yoon Suk, Choo Kyung, 1,322.5400, Jihoon Lee, Shri Navaratnam Organizations: South, REUTERS, Rights, Thomson Locations: South Korea, Rights SEOUL

☆ China's 'aggressive behaviour' in South China Sea must be challenged - U.S. Navy official
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +3 min

U.S. Navy photo by Mass Communication Specialist Acquire Licensing Rights Read moreMANILA, Aug 27 (Reuters) - China's "aggressive behaviour" in the South China Sea, including the use of water canon by its coast guard against a Philippine vessel, must be challenged and checked, the commander of the U.S. Navy's Seventh Fleet said on Sunday. It operates over an area of 124 million square km (48 million square miles) from bases in Japan, South Korea and Singapore. On Saturday, Thomas said he joined a flight from Manila "to go out and check out the South China Sea". The Philippines won an international arbitration award against China in 2016, after a tribunal said Beijing's sweeping claim to sovereignty over most of the South China Sea had no legal basis. China has built militarised, manmade islands in the South China Sea and its claim of historic sovereignty overlaps with the exclusive economic zones of the Philippines, Vietnam, Malaysia, Brunei and Indonesia.

Persons: Arleigh Burke, Karl Thomas, they're, you've, Thomas, There's, Alberto Carlos, Karen Lema, Nick Macfie Organizations: People's Liberation Army, Navy, U.S . Navy, Communication, Navy's, Fleet, Seventh Fleet, Reuters, U.S, Philippine Western Command, Philippines, China, South China, Thomson Locations: South, MANILA, South China, Philippine, Philippines, U.S, Japan, South Korea, Singapore, Manila, Beijing, China, Vietnam, Malaysia, Brunei, Indonesia

☆ Microsoft Offers Big Concession to Secure Activision Deal
▼ + stars: | 2023-08-26 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

AI’s Thorniest Issues Will Be Addressed in Court Congress is discussing ways to regulate artificial intelligence. But while they debate the best approaches, courts may be the ones to decide some of the most important questions around AI development. WSJ reporter Ryan Tracy joins host Zoe Thomas with a breakdown of multiple lawsuits involving AI and how they could shape the landscape of this burgeoning industry. Illustration: Amogh Alva Vaz

Persons: Will, Ryan Tracy, Zoe Thomas, Amogh Alva Vaz

☆ U.S. take double gold in sprint relays
▼ + stars: | 2023-08-26 | by ( Mitch Phillips | ) www.reuters.com time to read: +4 min

Lyles added the relay gold to his sprint double while Richardson had already claimed 100m gold and bronze in the 200m. It was a glorious end to the night for the sport's superpower after the earlier disappointment of seeing their highly-favoured 4x400m women's team disqualified following a baton failure in the semi-finals. But they were almost faultless on Saturday as Christian Coleman, Fred Kerley, Brandon Carnes and Lyles won in 37.38. Olympic champions Italy, with Tokyo individual gold medallist Lamont Marcell Jacobs on the second leg, took silver with 37.62. Richardson and Gabby Thomas were added to the women's team alongside Tamari Davis and Twanisha Terry and the foursome were superb in running a championship record time of 41.03 seconds.

Persons: Richardson, Noah Lyles, Sha'Carrie Richardson, Lyles, Christian Coleman, Fred Kerley, Brandon Carnes, It's, Lamont Marcell Jacobs, Gabby Thomas, Tamari Davis, Twanisha Terry, I'm, Shericka Jackson, Alexis Holmes, Quanera Hayes, Holmes, Hayes, Mitch Phillips, Ken Ferris, Pritha Organizations: Jamaica, BUDAPEST, United States, Italy, Britain, U.S, Thomson Locations: Tokyo, Britain, Jamaica, U.S, Canada, India

☆ Factbox: Subway to sell itself to Roark Capital
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsAug 24 (Reuters) - Roark Capital snapped up Subway in a $9.55 billion deal, sources said on Thursday, after it outbid several private-equity groups. The pair then started franchising Subway restaurants, with the first outlet outside of Connecticut being opened in Massachusetts a year later. For 2022, Subway posted a 9.2% year-over-year increase in same-store sales, thanks to its "Subway Series" menu - a lineup of 12 new signature sandwiches. In March, Goldman Sachs' (GS.N) asset management arm, PE firms Bain Capital, TPG, TDR Capital, Advent International and Roark Capital emerged among the list of suitors for the sandwich chain. Reuters reported earlier this week, citing sources that Roark Capital was in the lead to acquire the chain for well over $9 billion after attaching conditions to some of the windfall the two families that own it would get.

Persons: Thomas White, Roark Capital, Fred DeLuca, Peter Buck, DeLuca, Buck, Arby's, Quiznos, Burger, Jared Fogle, Chidsey, John Chidsey, Morgan, Goldman Sachs, Roark, Deborah Sophia, Granth Vanaik, Varun, Anil D'Silva Organizations: REUTERS, Subway, KFC, Bain Capital, TPG, TDR, Advent International, Roark Capital, Reuters, Thomson Locations: Bridgeport , Connecticut, Connecticut, Massachusetts, Bahrain, Subway, United States, Burger, U.S, North America, Bengaluru

☆ Watch: Putin Breaks Silence, Offers Condolences After Death of Prigozhin
▼ + stars: | 2023-08-24 | by ( ) www.wsj.com time to read: 1 min

AI’s Thorniest Issues Will Be Addressed in CourtCongress is discussing ways to regulate artificial intelligence. But while they debate the best approaches, courts may be the ones to decide some of the most important questions around AI development. WSJ reporter Ryan Tracy joins host Zoe Thomas with a breakdown of multiple lawsuits involving AI and how they could shape the landscape of this burgeoning industry. Illustration: Amogh Alva Vaz

Persons: Will, Ryan Tracy, Zoe Thomas, Amogh Alva Vaz

☆ Trump Surrenders, Is Booked in Georgia Jail in Election-Meddling Case
▼ + stars: | 2023-08-24 | by ( ) www.wsj.com time to read: 1 min

AI’s Thorniest Issues Will Be Addressed in CourtCongress is discussing ways to regulate artificial intelligence. But while they debate the best approaches, courts may be the ones to decide some of the most important questions around AI development. WSJ reporter Ryan Tracy joins host Zoe Thomas with a breakdown of multiple lawsuits involving AI and how they could shape the landscape of this burgeoning industry. Illustration: Amogh Alva Vaz

Persons: Will, Ryan Tracy, Zoe Thomas, Amogh Alva Vaz

☆ ‘Like Losing a Father’: Tributes to Wagner Leader Yevgeny Prigozhin
▼ + stars: | 2023-08-24 | by ( ) www.wsj.com time to read: 1 min

AI’s Thorniest Issues Will Be Addressed in CourtCongress is discussing ways to regulate artificial intelligence. But while they debate the best approaches, courts may be the ones to decide some of the most important questions around AI development. WSJ reporter Ryan Tracy joins host Zoe Thomas with a breakdown of multiple lawsuits involving AI and how they could shape the landscape of this burgeoning industry. Illustration: Amogh Alva Vaz

Persons: Will, Ryan Tracy, Zoe Thomas, Amogh Alva Vaz

☆ Subway nears $9.6 bln sale to Arby's owner Roark - WSJ
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

The Subway restaurant logo is seen on a napkin in this illustration photo August 30, 2017. REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsAug 21 (Reuters) - Roark Capital, which owns restaurants Arby's and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported on Monday. Another group led by Roark Capital was in the running, the sources had added. It has invested in Inspire Brands, which is the owner of Arby's, Baskin-Robbins, Buffalo Wild Wings and Dunkin' among others. Roark Capital did not immediately respond to a Reuters request for comment.

Persons: Thomas White, Roark Capital, Roark, Dunkin, Fred DeLuca, Peter Buck, Ananya Mariam Rajesh, Deborah Sophia, Shinjini Organizations: REUTERS, Buffalo Wild Wings, Wall Street, Reuters, TDR Capital, Sycamore Partners, Subway, Roark Capital, Inspire Brands, Baskin, Robbins, Thomson Locations: Sycamore, Bridgeport , Connecticut, North America, Bengaluru

☆ Lenovo Q1 revenue misses forecasts, hit by poor PC demand
▼ + stars: | 2023-08-17 | by ( Josh Ye | ) www.reuters.com time to read: +3 min

The world's largest PC maker has now suffered four consecutive quarters of sales declines. Revenue in the April-June quarter fell to $12.9 billion, below a $13.84 billion average of seven analyst estimates compiled by Refinitiv. Lenovo shares in Hong Kong fell as much as 6% after the result but recouped some losses to trade down 2.9%, while the benchmark index (.HSI) gained 0.9%. However, revenue started contracting last year as demand began to fall, weighed down by rising interest rates and soaring inflation. "The group’s PC business is stabilizing and well-positioned for a year-on-year recovery in the later part of 2023," Lenovo said in a statement.

Persons: Thomas White, HSI, Yang Yuanqing, he's, Yang, Josh Ye, Miyoung Kim, Lincoln, Sonali Paul Organizations: Lenovo, REUTERS, HK, Revenue, Refinitiv, Global, Thomson Locations: HONG KONG, Hong Kong, China

☆ MSCI to acquire remaining stake in Burgiss for $697 mln in cash
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thomas White/Illustration/File PhotoAug 14 (Reuters) - Index provider MSCI (MSCI.N) said on Monday it will acquire the remaining 66% of Burgiss Group, a New Jersey-based provider of data and analytics solutions for investors, for $697 million in cash. The deal will boost MSCI's footprint in the private asset data analytics segment, as Burgiss's dataset covers over 13,000 private asset funds around the world, representing $15 trillion in cumulative investments in 195 countries. Global M&A volumes for the first half of 2023 fell 39%, to $1.38 trillion, according to data from Dealogic. MSCI said it anticipates funding the Burgiss purchase consideration from existing liquidity sources, adding that the transaction is expected to close in the fourth quarter of 2023. Since then, MSCI will have invested a total of $913 million to acquire all of Burgiss, according to the statement.

Persons: Thomas White, MSCI, Jaiveer Singh, Pooja Desai Organizations: Burgiss, Wall, Federal Reserve, Thomson Locations: New Jersey, U.S, China, Bengaluru

☆ Activist investor Elliott Investment Management dissolves stake in PayPal
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: 1 min

The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/File PhotoAug 14 (Reuters) - Activist investor Elliott Investment Management has dissolved its stake in payments giant PayPal (PYPL.O), according to a filing with the U.S. Securities and Exchange Commission. Reporting by Manya Saini in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Thomas White, Manya Saini, Shilpi Majumdar Organizations: PayPal, REUTERS, Investment Management, U.S . Securities, Exchange Commission, Thomson Locations: Bengaluru

[1/2] FILE PHOTO: The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. "We believe (Chriss's) experience sounds highly relevant to PayPal as it reemphasizes focus on small merchants and launches PayPal Complete Payments," William Blair analysts wrote in a note. PayPal Complete Payments is a payments processing solution for small and medium-sized businesses. According to Wolfe Research, his biggest accomplishment was the company's $12-billion acquisition and integration of Mailchimp in 2021. Outgoing CEO Schulman will remain on the board of the company until its next annual meeting of stockholders in May, PayPal said.

Persons: Thomas White, Alex Chriss, Dan Schulman, William Blair, Wolfe, Darrin Peller, Chriss, Schulman, Niket, Pooja Desai Organizations: PayPal, REUTERS, PayPal Holdings, Intuit, eBay, Intuit's, Wolfe Research, Reuters, Thomson Locations: San Jose , California, Bengaluru

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