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☆ Live Nation issued subpoena regarding ticketing, fees by US Senate panel
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

The logo and trading information for Live Nation Entertainment is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsWASHINGTON, Nov 20 (Reuters) - Live Nation (LYV.N) and its subsidiary Ticketmaster is being sent a subpoena for documents regarding ticket pricing, fees and secondary sales, a U.S. Senate panel said on Monday. "Live Nation has egregiously stonewalled my Subcommittee’s inquiry into its abusive consumer practices — making the subpoena necessary," Senator Richard Blumenthal, Democratic chair of the U.S. Senate Permanent Subcommittee on Investigations, said in a statement. In a cover letter that accompanied the subpoena, Blumenthal said Live Nation had failed to fully comply with document requests sent in March. A Live Nation spokesperson said the company had provided "extensive information" to the subcommittee and met with staff several times.

Persons: Brendan McDermid, Taylor, Richard Blumenthal, Blumenthal, we’ve, Diane Bartz, Lisa Shumaker, David Gregorio Our Organizations: Live, New York Stock Exchange, REUTERS, Rights, Ticketmaster, U.S, Senate, hardball, Democratic, U.S . Senate, Investigations, Thomson Locations: New York, U.S

☆ Trump's physician says he is in 'excellent health,' has lost weight
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] Former U.S. President and Republican presidential candidate Donald Trump gestures as he plays golf at Trump International Golf Links course, in Doonbeg, Ireland May 4, 2023. REUTERS/Damien Storan/File Photo Acquire Licensing RightsWASHINGTON, Nov 20 (Reuters) - Donald Trump's physician wrote in a note released on Monday that the former president is in "excellent heath" and that "he will continue to enjoy a healthy active lifestyle for many years." The physical and mental health of both men has become a major issue in the 2024 presidential race. "His physical exams were well within the normal range and his cognitive exams were exceptional," Aronwald wrote. A Trump physician, Harold Bornstein, who produced a similar note in 2016 said that Trump had dictated its contents.

Persons: Donald Trump, Damien Storan, Donald Trump's, Trump, Joe Biden's, Bruce Aronwald, Aronwald, Biden, Harold Bornstein, president's, Gram Slattery, Lisa Shumaker Organizations: U.S, Republican, Trump, REUTERS, Rights, Democratic, Thomson Locations: Doonbeg, Ireland, New Jersey, Atlanta, U.S, Georgia

☆ Brazil's Lula wishes luck and success to new Argentine president
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

BRASILIA, Nov 19 (Reuters) - Brazilian President Luiz Inacio Lula da Silva extended best wishes to the newly elected government in Argentina, without making direct mention of President-elect Javier Milei, who has previously criticized Lula and labeled him an "angry communist." Brazil will always be available to work together with our Argentine brothers," he wrote on Sunday on X, formerly Twitter. On Tuesday, leftist Lula had said that Argentina, the country's third-largest trading partner, should choose a president who supports democracy and the Mercosur trading bloc. He has also criticized the South American common market Mercosur and said Argentina would "follow its own path." He met with Brazilian Finance Minister Fernando Haddad in Brasilia earlier this year to discuss mechanisms to secure imports by Buenos Aires.

Persons: Luiz Inacio Lula da Silva, Javier Milei, Lula, Argentine, Sergio Massa, Fernando Haddad, Haddad, Marcela Ayres, Lisa Shumaker, Rosalba O'Brien Organizations: Twitter, Mercosur, Economy, Brazilian Finance, Reuters, Thomson Locations: BRASILIA, Argentina, Brazil, Argentine, Mercosur, Brasilia, Buenos Aires

☆ Citigroup managing director sues over sexual harassment
▼ + stars: | 2023-11-20 | by ( Jonathan Stempel | ) www.reuters.com time to read: +4 min

The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsNEW YORK, Nov 20 (Reuters) - Citigroup (C.N) was sued on Monday by a managing director who said a former top equities banker subjected her to sexual harassment and abuse including death threats. Lindsey also accused Citigroup of tolerating a "notoriously hostile" environment in its equities division. Lindsey's lawsuit also seeks damages under New York's Adult Survivors Act for an alleged sexual assault by another Citigroup executive following a December 2007 holiday party. The case is Lindsey v Citigroup Global Markets Inc, U.S. District Court, Southern District of New York, No.

Persons: Chris Helgren, Ardith Lindsey, Mani Singh, Lindsey, Singh, Lindsey's, Frank Underwood, Kevin Spacey, Jeremiah Iadevaia, Jonathan Stempel, Lisa Shumaker Organizations: Citigroup Inc, Citi, REUTERS, Citigroup, North America Markets, U.S, Lindsey, Citigroup Global Markets Inc, Court, Southern District of, Thomson Locations: Toronto , Ontario, Canada, New York, Americas, Manhattan, Singh, Southern District, Southern District of New York

☆ Australian telco Optus CEO resigns days after network-wide outage
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

Nov 20 (Reuters) - Australia's second-largest telco Optus' Chief Executive Officer Kelly Bayer Rosmarin has resigned, its parent Singapore Telecommunications (STEL.SI) said on Monday, days after a network-wide outage left nearly half the country without phone or internet for 12 hours. Optus has appointed Chief Financial Officer Michael Venter as interim CEO. Peter Kaliaropoulos was appointed to a newly created position of chief operating officer, SingTel added. More than 10 million Australians were hit by the 12-hour network blackout at the nation's second-largest telco for much of Wednesday, triggering fury and frustration among customers and raising wider concerns about the telecommunications infrastructure. Reporting by Himanshi Akhand in Bengaluru; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Kelly Bayer Rosmarin, Michael Venter, Peter Kaliaropoulos, SingTel, Yuen Kuan, Himanshi, Lisa Shumaker Organizations: Optus, Singapore Telecommunications, Thomson Locations: Bengaluru

☆ Blackstone frontrunner in Signature Bank commercial-property loan sale, Bloomberg reports
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

A person waits for a teller at a Signature Bank branch in New York City, U.S., March 13, 2023. REUTERS/David 'Dee' Delgado Acquire Licensing RightsNov 19 (Reuters) - Blackstone (BX.N) is the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit Insurance Corp's (FDIC) sale of Signature Bank debt, Bloomberg News reported on Sunday. In September, the FDIC was seeking buyers for the $33 billion commercial real estate loan portfolio of failed New York lender Signature Bank. The entire portfolio sale has yet to close," it said. Blackstone, and Newmark Group did not immediately respond to requests for comment.

Persons: David, Dee, Delgado, Newmark, Blackstone, Chandni Shah, Lisa Shumaker, Bill Berkrot Organizations: Bank, REUTERS, Blackstone, U.S . Federal Deposit Insurance, Signature Bank, Bloomberg, Starwood Capital Group, Brookfield Asset Management, FDIC, Newmark Group, Thomson Locations: New York City, U.S, New York, Bengaluru

☆ Brazil's Lula Wishes Luck and Success to New Argentine President
▼ + stars: | 2023-11-19 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

BRASILIA (Reuters) - Brazilian President Luiz Inacio Lula da Silva extended best wishes to the newly elected government in Argentina, without making direct mention of President-elect Javier Milei, who has previously criticized Lula and labeled him an "angry communist." Brazil will always be available to work together with our Argentine brothers," he wrote on Sunday on X, formerly Twitter. On Tuesday, leftist Lula had said that Argentina, the country's third-largest trading partner, should choose a president who supports democracy and the Mercosur trading bloc. He has also criticized the South American common market Mercosur and said Argentina would "follow its own path." He met with Brazilian Finance Minister Fernando Haddad in Brasilia earlier this year to discuss mechanisms to secure imports by Buenos Aires.

Persons: Luiz Inacio Lula da Silva, Javier Milei, Lula, Argentine, Sergio Massa, Fernando Haddad, Haddad, Marcela Ayres, Lisa Shumaker, Rosalba O'Brien Organizations: Reuters, Twitter, Mercosur, Economy, Brazilian Finance Locations: BRASILIA, Argentina, Brazil, Argentine, Mercosur, Brasilia, Buenos Aires

The last near-miss with shutdown led to the Oct. 3 ouster of Republican U.S. House of Representatives Speaker Kevin McCarthy that left the chamber leaderless for three weeks. "No drama, no delay, no government shutdown," Democratic Senate Majority Leader Chuck Schumer said prior to the vote. McCarthy's successor, Speaker Mike Johnson, produced a stopgap funding bill that drew broad bipartisan support, a rarity in modern U.S. politics. But hardline members of Johnson's 221-213 Republican majority voiced anger at the compromise, saying they would try to rein in federal spending again when current funding expires. Funding for all other federal operations - including defense - would expire on Feb. 2.

Persons: Joe Biden, Kevin McCarthy, Chuck Schumer, Mike Johnson, Biden, Chip Roy, Andy Sullivan, Scott Malone, Lisa Shumaker, Jonathan Oatis Organizations: U.S, Senate, Republican U.S . House, Democratic, Republican, Representatives, Republicans, Food and Drug Administration, Thomson Locations: Washington, Iowa, U.S, Israel, Ukraine

The economy is likely already in recession and is expected to contract again next year. Shortly after being sworn in as economy minister, Massa in August 2022 pledged to stop printing money to fight inflation. "Markets will likely prefer a Milei victory simply because he is more credible on delivering the fiscal adjustment." "Every investor understands that the macroeconomic adjustments that Argentina needs will inevitably translate into short-term pain." For investors, Argentine stocks traded in New York (.MIAR00000PUS) have been a beacon of hope, up near 15% year to date.

Persons: Sergio Massa, Javier Milei, Luis Robayo, Pilar Tavella, Alejo Czerwonko, Massa, Carlos de Sousa, UBS's, JPMorgan's Diego Celedon, Celedon, Rodrigo Campos, Adam Jourdan, Lisa Shumaker Organizations: por la Patria, La Libertad, University of Buenos, Law School, Global, Peronist, Barclays, Reuters Graphics Reuters, Argentina, Monetary Fund, Itau, IMF, Emerging, UBS Global Wealth Management, Vontobel Asset Management, Argentine, UBS, Thomson Locations: Argentina, University of Buenos Aires, Buenos Aires Argentina, New York, Argentine, outperforming

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook//File Photo Acquire Licensing RightsDETROIT, Nov 16 (Reuters) - General Motors' (GM.N) tentative labor deal with the United Auto Workers (UAW) union has clinched ratification, making its workers the first of those at the Detroit Three automakers to approve the agreement. The UAW's GM vote tracking site shows approval of the contract leading by a 55% to 45% margin with nearly 36,000 workers having cast votes out of about 46,000 UAW-represented GM workers. Currently, about 67% of Ford workers who have voted are in favor of the UAW deal, and about 66% of Stellantis workers have so far voted in favor, according to UAW figures. Ford voting is scheduled to finish on Friday, while Stellantis is set to close next Tuesday.

Persons: Rebecca Cook, Stellantis, Tesla, David Shepardson, Ben Klayman, Lisa Shumaker Organizations: General Motors, REUTERS, Rights DETROIT, United Auto Workers, UAW, Detroit Three, Ford, Chrysler, GM, Detroit, Thomson Locations: Detroit , Michigan, U.S, Arlington , Texas, Detroit, Fairfax , Kansas, Orion , Michigan, Michigan, Washington

☆ Iran's Qaani says the resistance front stays united with Hamas
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

DUBAI, Nov 16 (Reuters) - The top commander of Iran's Quds force said the resistance front supported the Tehran-backed Hamas militant group in its war with Israel in Gaza. “Your brothers in the Axis of Resistance stand united with you … the resistance will not allow the enemy to achieve its dirty goals in Gaza and Palestine,” Esmail Qaani said in a message to the commanders of the Tehran-backed group on Thursday, Iran's semi-official Tasnim news agency reported. The Quds Force is the arm of Iran's powerful Revolutionary Guards Corps (IRGC) that controls its allied militia in the region, from Lebanon to Iraq and Yemen to Syria. In response, Israel launched an air, ground and sea offensive in Gaza, killing more than 11,500 people, around 40% of them children, according to the Palestinian Health Ministry in the Hamas-run enclave Gaza Strip. Writing by Parisa Hafezi; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Iran's Quds, Esmail Qaani, Iran's, Parisa Hafezi, Lisa Shumaker Organizations: Quds Force, Revolutionary Guards Corps, Palestinian Health Ministry, Gaza, Thomson Locations: DUBAI, Tehran, Israel, Gaza, Palestine, Iran, Lebanon, Iraq, Yemen, Syria

☆ IBM suspends ads on X after corporate ads appeared next to pro-Nazi content
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +3 min

The logo for social media platform X, following the rebranding of Twitter, is seen covering the old logo in this illustration taken, July 24, 2023. Media watchdog Media Matters said it found that corporate advertisements by IBM, Apple (AAPL.O), Oracle (ORCL.N) and Comcast's (CMCSA.O) Xfinity were being placed alongside antisemitic content. "IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation," IBM said in a statement. Musk's Wednesday comments on the social media platform are not the first time he has engaged in discussions that reference antisemitic tropes or conspiracy theories. "When it comes to this platform - X has also been extremely clear about our efforts to combat antisemitism and discrimination.

Persons: Dado Ruvic, Adolf Hitler, Musk, Xfinity, X, Linda Yaccarino, Jonathan Greenblatt, Yuvraj Malik, David Gaffen, Lisa Shumaker Organizations: Twitter, REUTERS, IBM, Elon, Nazi Party, Media, Apple, Oracle, Defamation League, ADL, Reuters, U.S, X, Hamas, Thomson Locations: America, United States, Israel, Palestinian, Bengaluru, New York

☆ Exclusive: Jacobs poised to merge government consulting unit with Amentum
▼ + stars: | 2023-11-16 | by ( David Carnevali | ) www.reuters.com time to read: +3 min

REUTERS/Joe Skipper/File Photo Acquire Licensing RightsNov 16 (Reuters) - Engineering consultant Jacobs Solutions Inc (J.N) is in advanced talks to merge its government consulting arm at a valuation of more than $4 billion with private equity-owned Amentum Services Inc, people familiar with the matter said on Thursday. Under the terms discussed, Amentum would merge with Jacobs' Critical Mission Solutions (CMS) business to create a new publicly traded company that would be majority-owned by Jacobs' shareholders, the sources said. Jacobs, Amentum, Lindsay Goldberg and American Securities did not immediately respond to requests for comment. The deal with Amentum would free up resources for Jacobs to focus on its people and places solutions division, which provides transportation and environmental consulting to government entities and private sector clients, and PA Consulting, a management consulting business advising across several sectors. Amentum provides technical and advisory services to government clients including the Air Force and NASA, as well as commercial clients such as ExxonMobil (XOM.N) and Caterpillar (CAT.N).

Persons: Joe Skipper, Amentum, Jacobs, Lindsay Goldberg —, Lindsay Goldberg, Robert Pragada, Artemis, Aecom, PAE, David Carnevali, Lisa Shumaker Organizations: Kennedy Space Center, REUTERS, Engineering, Solutions Inc, Amentum Services Inc, Jacobs, American Securities, NASA, PA Consulting, Air Force, ExxonMobil, Caterpillar, Thomson Locations: Cape Canaveral , Florida, U.S, New York

That's our goal and we hope to have an agreement very soon," Senate Majority Leader Chuck Schumer, a Democrat, said on the Senate floor. Leaders from both parties have said they support a stopgap spending bill that passed the Republican-controlled House of Representatives by a wide bipartisan margin on Tuesday. 2 Republican, said a vote on the House bill later in the day was possible. More significantly, it would avoid a partial shutdown that would disrupt a wide array of government services and furlough hundreds of thousands of federal workers. Writing by Andy Sullivan; Editing by Scott Malone, Lisa Shumaker and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Kevin Wurm, Chuck Schumer, Joe Biden, John Thune, Rand Paul, Mike Johnson, Johnson, Andy Sullivan, Scott Malone, Lisa Shumaker, Jonathan Oatis Organizations: U.S, Capitol, REUTERS, Rights, Democratic, Republican, U.S . Senate, Food and Drug Administration, Thomson Locations: Washington , U.S, U.S, Louisiana

REUTERS/Kevin Wurm/File Photo/File Photo Acquire Licensing RightsWASHINGTON, Nov 15 (Reuters) - U.S. Senate Democratic Leader Chuck Schumer said on Wednesday he would try to quickly pass legislation to keep the government funded, preventing a partial shutdown that would otherwise begin this weekend. That's our goal and we hope to have an agreement very soon," Schumer said on the Senate floor. Both chambers of Congress need to pass spending legislation and send it to Democratic President Joe Biden to sign into law before then in order to avoid disruption. Schumer said he will have to work out an agreement with the chamber's top Republican, Mitch McConnell, for a quick vote. Tuesday's House vote was a victory for House Speaker Mike Johnson, who faced down opposition from some of his fellow Republicans who had pushed for deep spending cuts.

Persons: Kevin Wurm, Chuck Schumer, Schumer, Joe Biden, Mitch McConnell, McConnell, Tuesday's, Mike Johnson, Johnson, Andy Sullivan, Scott Malone, Lisa Shumaker, Jonathan Oatis Organizations: U.S, Capitol, REUTERS, Rights, U.S . Senate Democratic, Democratic, Republican, Food and Drug Administration, Thomson Locations: Washington , U.S, Louisiana

☆ US Senate takes up bill to avert partial government shutdown
▼ + stars: | 2023-11-15 | by ( David Morgan | ) www.reuters.com time to read: +2 min

REUTERS/Kevin Wurm/File Photo/File Photo Acquire Licensing RightsWASHINGTON, Nov 15 (Reuters) - The U.S. Senate on Wednesday prepared to take up a stopgap spending bill that would avert a partial government shutdown, with little time remaining before funding runs out on Friday. Both chambers of Congress need to pass spending legislation and send it to President Joe Biden to sign into law before then in order to avoid disruption. More significantly, it would avoid a partial shutdown that would disrupt a wide array of government services and furlough hundreds of thousands of federal workers. Tuesday's House vote was a victory for House Speaker Mike Johnson, who faced down opposition from some of his fellow Republicans who had pushed for deep spending cuts. Senate Democratic Leader Chuck Schumer on Tuesday said he supported the bill and vowed to bring it up for a vote as quickly as possible.

Persons: Kevin Wurm, Joe Biden, Tuesday's, Mike Johnson, Johnson, Chuck Schumer, Mitch McConnell, Andy Sullivan, Scott Malone, Lisa Shumaker Organizations: U.S, Capitol, REUTERS, Rights, Senate, Democratic, Republican, Food and Drug Administration, Thomson Locations: Washington , U.S, Louisiana

☆ Asset manager GMO's first ETF will focus on 'quality' companies
▼ + stars: | 2023-11-13 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +2 min

REUTERS/Nicholas Roberts/File Photo Acquire Licensing RightsNov 13 (Reuters) - GMO LLC, the asset management firm co-founded by veteran investor Jeremy Grantham, will launch its first exchange-traded fund (ETF) on Wednesday. Holdings in GMO's quality stock-focused mutual funds include companies like Microsoft (MSFT.O), Johnson & Johnson (JNJ.N) and Apple (AAPL.O). About 22% of all inflows into ETFs this year have been to active ETFs, which represent only 7% of total ETF assets, according to Todd Sohn, an ETF analyst at Strategas. The fund will be managed by Tom Hancock, who has been running a $7.9 billion mutual fund with a similar focus, the GMO Quality III , since 2009. The GMO launch is the second steered to market by the Goldman Sachs ETF Accelerator, which offers asset managers consulting advice on each stage of the launch process.

Persons: Jeremy Grantham, Nicholas Roberts, Johnson, Todd Sohn, Tom Hancock, Goldman Sachs, Hancock, Suzanne McGee, Ira Iosebashvili, Lisa Shumaker Organizations: Pace University, REUTERS, Quality, Holdings, Microsoft, Apple, CFRA Research, Goldman, Thomson Locations: Oxford, New York

[1/2] Boeing Commercial Airplanes CEO Stanley Deal poses with Emirates airline COO Adel Al Redha and flyDubai CEO Ghaith Al Ghaith after Emirates airline and flyDubai placed orders at the Dubai Airshow for new aircraft from Boeing, in Dubai, United Arab Emirates, November 13, 2023. "Together these orders represent significant investments that reflect Dubai's commitment to the future of aviation," said Emirates and flyDubai Chairman Sheikh Ahmed bin Saeed Al Maktoum. In New York, Boeing shares rose 4.4% after the orders, which also included 45 narrow-body 737 MAX for German-Turkish airline SunExpress. LOWER BOOKINGSOther significant orders appeared to be in the works without being played out in public in Dubai. Saudi Arabia's newest airline Riyadh Air said it is still in talks with planemakers to place an order for narrow-body jets.

Persons: Stanley Deal, Adel Al Redha, Ghaith Al, Alexander, flyDubai, Sheikh Ahmed bin Saeed Al Maktoum, Joe Biden, Xi Jinping, Steven F, planemakers, Asharq, there's, Daniel Silke, Rafael, Tim Hepher, Alexander Cornwell, Pesha Magid, Valerie Insinna, Hugh Lawson, Lisa Shumaker, Navaratnam, Sharon Singleton Organizations: Boeing Commercial, Emirates, Dubai Airshow, Boeing, United Arab Emirates, REUTERS, Companies, Airbus, Turkish Airlines Airbus, Dubai, Aviation, SunExpress, Bloomberg, Industry, Air Lease Corp, Reuters, Turkish Airlines, Anadolu, Dubai . Saudi Arabia's, Riyadh Air, Saudia Airlines Group, Saudia Airline, Royal, Cape, Consultancy, rearm, Russia, Israel Aerospace Industries, IAI, Rafael Advanced Defense Systems, Thomson Locations: Ghaith Al Ghaith, Dubai, United Arab, DUBAI, Government, Emirates, New York, Turkish, UAE, Qatar, Saudi Arabia, Turkey, India, Gulf, Dubai . Saudi, Riyadh, Israel, Gaza, Cape Town, United States, rearm Ukraine

☆ Special counsel says Trump seeking 'carnival atmosphere' at 2020 election trial
▼ + stars: | 2023-11-13 | by ( Andrew Goudsward | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. Dave Sanders/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - U.S. Special Counsel Jack Smith on Monday accused Donald Trump of seeking to create a “carnival atmosphere” at his upcoming trial on charges that he sought to overturn his 2020 election defeat by calling for the proceedings to be televised. Trump has pleaded not guilty to charges that he conspired to illegally subvert the results of the 2020 election, which he lost to Biden. Trump has pleaded not guilty in the other cases as well. Reporting by Andrew Goudsward; Editing by Scott Malone and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Dave Sanders, Jack Smith, Smith, Trump, Joe Biden's, Biden, Andrew Goudsward, Scott Malone, Lisa Shumaker Organizations: U.S, Trump Organization, Court, Rights, ” Prosecutors, Republican, Prosecutors, Trump, Thomson Locations: New York, Manhattan, New York City, U.S

Visitors stand in front of the plane Boeing 777X during the Dubai Airshow, in Dubai, United Arab Emirates, November 14, 2021. Turkish Airlines (THY) (THYAO.IS) burst onto the show's agenda on Saturday with word from state-run Anadolu news agency that it was in talks to buy up to 355 Airbus jets. It has said it is in discussions for as many as 600 planes overall, split between Airbus and Boeing. However, speculation of a large Dubai order for narrowbody jets from the region's newest player, Saudi Arabia's Riyadh Air, as early as Dubai is premature, other sources said. Emirates is the world's largest user of wide-body jets, including Airbus A380 superjumbos and current-generation Boeing 777s.

Persons: Rula, jockeying, ForwardKeys, there's, Daniel Silke, Tim Hepher, Alexander Cornwell, Pesha, Hugh Lawson, Lisa Shumaker Organizations: Boeing, Dubai Airshow, United Arab Emirates, REUTERS, Rights, Turkish Airlines, Hosts Emirates, Emirates, Airbus, Royce, Industry, Anadolu, Cape, Consultancy, rearm, Russia, Thomson Locations: Dubai, United Arab, Rights DUBAI, Emirates, Gaza, Saudi Arabia, Turkey, India, Gulf, Saudi, Riyadh, Israel, Cape Town, United States, rearm Ukraine

☆ Stellantis offering buyouts to about half its US salaried employees
▼ + stars: | 2023-11-13 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

REUTERS/David 'Dee' Delgado Acquire Licensing RightsNov 13 (Reuters) - Chrysler-parent Stellantis (STLAM.MI) said Monday it is offering 6,400 U.S. salaried employees voluntary buyouts as it works to cut costs amid the transition to electric vehicles and agreeing to a new United Auto Workers contract. The buyouts would be about half the company's salaried U.S. employees not represented by a union, which is currently 12,700. Another 2,500 Stellantis U.S. salaried workers are unionized and are not being offered the current buyout. Salaried employees must have at least five years of experience to be offered a voluntary departure package. In October 2022, Stellantis offered voluntary buyouts to its U.S. salaried employees who were aged 55 or older and had worked for the automaker at least 10 years.

Persons: David, Dee, Delgado, Stellantis, Mark Stewart, Natalie Knight, David Shepardson, Leslie Adler, Lisa Shumaker Organizations: New York, REUTERS, Chrysler, United Auto Workers, Employees, UAW, Thomson Locations: Manhattan , New York City, U.S, Canada, North America

☆ Former Canadian fashion mogul Peter Nygard guilty of four counts of sexual assault, CBC reports
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +2 min

The name of fashion executive and designer Peter Nygard is illuminated on a flagship store he once owned in Winnipeg, Manitoba, Canada December 15, 2020. REUTERS/Shannon VanRaes Acquire Licensing RightsNov 12 (Reuters) - Former Canadian fashion mogul Peter Nygard was found guilty of four counts of sexual assault by a Toronto jury on Sunday, according to CBC News. Nygard, 82, was on trial in the Ontario Superior Court for five counts of sexual assault and one count of forcible confinement charges linked to incidents between the 1980s and mid-2000s. He was acquitted of a fifth count of sexual assault and one count of forcible confinement. Nygard also faces charges of sexual assault and forcible confinement in Manitoba and Quebec.

Persons: Peter Nygard, Shannon VanRaes, Nygard, gratify, Nia Williams, Ismail Shakil, Andrea Ricci, Lisa Shumaker Organizations: REUTERS, CBC News, Ontario Superior Court, Canadian, Toronto, Thomson Locations: Winnipeg , Manitoba, Canada, Canadian, Toronto, Ontario, United States, Manitoba, Quebec, New York, Finland

Visitors stand in front of the plane Boeing 777X during the Dubai Airshow, in Dubai, United Arab Emirates, November 14, 2021. Emirates is the world's largest user of wide-body jets, including Airbus A380 superjumbos and current-generation Boeing 777s. Turkish Airlines (THY) (THYAO.IS) burst onto the show's agenda on Saturday with word from state-run Anadolu news agency that it was in talks to buy up to 355 Airbus jets. Following more talks, industry sources said the airline could announce at least part of the deal on Monday. However, speculation of a large Dubai order for narrowbody jets from the region's newest player, Saudi Arabia's Riyadh Air, as early as Dubai is premature, other sources said.

Persons: Rula, flyDubai, jockeying, ForwardKeys, there's, Daniel Silke, Tim Hepher, Alexander Cornwell, Pesha, Hugh Lawson, Lisa Shumaker Organizations: Boeing, Dubai Airshow, United Arab Emirates, REUTERS, Rights, Turkish Airlines, Hosts Emirates, Emirates, Airbus, Industry, Anadolu, Aviation, Dubai, Cape, Consultancy, rearm, Russia, Thomson Locations: Dubai, United Arab, Rights DUBAI, Emirates, Saudi, Riyadh, Israel, Gaza, Cape Town, United States, rearm Ukraine

Nov 12 (Reuters) - The United States carried out two air strikes in Syria against Iran and its aligned groups on Sunday, the Pentagon said, in the latest response to a series of attacks against American forces in Syria and in Iraq. "The President has no higher priority than the safety of U.S. personnel, and he directed today's action to make clear that the United States will defend itself, its personnel, and its interests," Austin said in a statement. Iran and its supporters say the United States shares responsibility for Israel's declared war against Palestinian militant group Hamas, which is also backed by Iran. U.S. and coalition troops have been attacked at least 40 times in Iraq and Syria by Iran-backed forces in recent weeks. The measures include increasing U.S. military patrols, restricting access to base facilities and boosting intelligence collection, including through drone and other surveillance operations, officials say.

Persons: Lloyd Austin, Albu Kamal, Joe Biden, Austin, Israel's, Phil Stewart, Soul, Suleiman Al, Lisa Shumaker, Sandra Maler Organizations: United, Pentagon, American, . Defense, Palestinian, Hamas, U.S, Reuters, Thomson Locations: United States, Syria, Iran, Iraq, Albu, Mayadeen, Deir al Zor, Israel, U.S, State, East, Amman

☆ Australia ports operator could be online within days after cyber incident
▼ + stars: | 2023-11-12 | by ( Renju Jose | ) www.reuters.com time to read: +2 min

I've been in contact with the company again this morning and they're making good progress," the government's Cyber Security Coordinator Darren Goldie told ABC Radio. After spotting the breach, DP World, one of a handful of stevedore industry players in Australia, disconnected internet, significantly impacting freight movements, Goldie said. The company, part of Dubai's state-owned DP World, did not immediately respond to a request seeking comment. In a statement on Sunday, DP World said the company was testing key systems crucial for the resumption of regular freight movement. The breach comes as the government prepares to release soon details on its proposed cyber security laws.

Persons: I've, Darren Goldie, Goldie, Clare O'Neil, O'Neil, Renju Jose, Lisa Shumaker Organizations: SYDNEY, ABC Radio, DP, Fremantle, telco Optus, Thomson Locations: Melbourne, Sydney, Brisbane, Western, Australia, Dubai's

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