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☆ US judge dismisses Republican National Committee's email spam suit against Google
▼ + stars: | 2023-08-24 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +1 min

The logo of Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsWASHINGTON, Aug 24 (Reuters) - A U.S. judge on Thursday dismissed a lawsuit against Alphabet Inc's Google (GOOGL.O) that was brought late last year by the Republican National Committee for allegedly sending its emails to users' spam folders. "Accordingly, the Court will GRANT Defendant's Motion to Dismiss, with partial leave to amend," the judge wrote. Lawyers for Google at law firm Perkins called the allegations a "far-fetched theory" and a "dark conspiracy." Spam filters on email services typically weed out unsolicited "spam" messages and divert them to a separate folder.

Persons: Andrew Kelly, Daniel Calabretta, GRANT Defendant's Motion, Perkins, Kanishka Singh, Deepa Babington Organizations: Google, Chelsea, REUTERS, Rights, Republican National Committee, RNC, Thomson Locations: Manhattan , New York City, U.S, California, Washington

☆ In Trump's absence, DeSantis seen as 'punching bag' in first Republican debate
▼ + stars: | 2023-08-23 | by ( Nathan Layne | ) www.reuters.com time to read: +5 min

[1/2] Republican presidential candidate and Florida Governor Ron DeSantis listens to a question from the audience at a campaign town hall meeting in Newport, New Hampshire, U.S., August 19, 2023. In Trump's absence, candidates are expected to launch a fusillade of attacks on Florida Governor Ron DeSantis, as competitors try to displace him as Trump's top challenger, according to strategists and aides to rival campaigns. DeSantis is seen as vulnerable after a summer slide in the polls, which have left him languishing more than 30 points behind Trump in the race. "He's going to be a punching bag," said Brian Darling, a Republican strategist and former senior aide to U.S. Still, Trump's no-show doesn't mean he won't be a major presence in the debate, which kicks off at the Fiserv Forum at 9 p.m.

Persons: Ron DeSantis, Brian Snyder, Donald Trump, Joe Biden, Trump, Tucker Carlson, Florida Governor Ron DeSantis, DeSantis, Brian Darling, Rand Paul, Martha MacCallum, Bret Baier, Chris Christie, Asa Hutchinson, Mike Pence, Jeanette Hoffman, He's, Hoffman, Tim Scott, Vivek Ramaswamy, Nikki Haley, Doug Burgum, Hutchinson, Pence, Ramaswamy, Christie, Christopher Wlezien, Wlezien, Nathan Layne, Gram Slattery, Susan Heavey, Ross Colvin, Deepa Babington, Nick Zieminski Organizations: Republican, Florida, REUTERS, Democratic, Fox News, Florida Governor, Trump, Former New Jersey, Former Arkansas, U.S . Capitol, North Dakota, Reuters, University of Texas, Austin, Thomson Locations: Newport , New Hampshire, U.S, Milwaukee, Florida, Atlanta, Georgia, Former, Christie

LONDON, Aug 23 (Reuters) - The United States and China may feel some financial detente is wise at this point - even if goading one another plays well domestically. But elements of the once-feared bind of 'mutally-assured financial destruction' (MAFD) still apply. Pulling the rug out from under either - battering U.S. and Chinese demand in effect - seems to make little economic sense at least. America had new markets and investments and a seemingly durable new creditor that kept borrowing rates low and consumption up. Falling China Share of Foreign US Treasury HoldingsChina FX Reserves vs Global ReservesUS Treasury Debt Climbs as Fed Pulls Back'MAFD'But is that where the situation has landed post-pandemic?

Persons: Larry Summers, Summers, Goldman Sachs, Jim O'Neill, O'Neill, Gina Raimondo's, Stephen Jen, Eurizon SLJ, Treasuries, Deepa Babington Organizations: U.S . Treasury Securities, ., Treasury, Foreign US Treasury Holdings China FX, Global Reserves, U.S ., Commerce, U.S, Reuters Graphics Reuters, Reuters, Thomson Locations: United States, China, Washington, Ukraine, Taiwan, Hong Kong, U.S, Beijing, America

☆ Factbox: Who is participating in this week's Republican presidential debate?
▼ + stars: | 2023-08-22 | by ( Susan Heavey | ) www.reuters.com time to read: +5 min

[1/3] Republican presidential candidate and Florida Governor Ron DeSantis speaks during a campaign stop in Manchester, New Hampshire, U.S., August 19, 2023. The former president dominates the field, with his indictments in four separate criminal cases boosting his popularity among Republican voters, and has said there is little political upside for him to debate his rivals. The political outsider has stoked grassroots chatter as a potential alternative to Trump and garnered 7% in the latest Reuters/Ipsos poll. She has about 5% support among Republican voters in the latest Reuters/Ipsos poll. Hutchinson, 72, has touted his experience leading the deeply conservative state as proof he can deliver on policies Republican voters care about, citing tax cuts and job creation initiatives.

Persons: Ron DeSantis, Brian Snyder, Donald Trump, Republican Party's, Trump, RON DESANTIS, MIKE, Pence, VIVEK RAMASWAMY, Ramaswamy, NIKKI HALEY, Haley, TIM SCOTT, Scott, ASA HUTCHINSON, Hutchinson, Ipsos, CHRIS CHRISTIE Chris Christie, Trump's, Christie, DOUG BURGUM Burgum, Susan Heavey, Nathan Layne, Joseph Ax, Ross Colvin, Deepa Babington, Bernadette Baum Organizations: Republican, Florida, REUTERS, Rights, Republican National Committee, RNC, Twitter, Trump, U.S . Capitol, Christian, Reuters, United Nations, Biden, Republican Party, TIM, Black Republican U.S, ASA, White House, New, Microsoft Corp, Thomson Locations: Manchester , New Hampshire, U.S, DeSantis, Florida, Pence, Indiana, South Carolina, Arkansas, New Jersey

☆ TSX hits a 2-month low as dividend-paying stocks fall
▼ + stars: | 2023-08-21 | by ( Fergal Smith | ) www.reuters.com time to read: +2 min

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended down 33.52 points, or 0.2%, at 19,784.87, its lowest closing level since June 27. "Interest rates continue to climb, which is something negative for the TSX which is littered with dividend payers," said Barry Schwartz, a portfolio manager at Baskin Financial Services. Stocks paying high dividends dominate the real estate, utilities and financials sectors. Shares of Restaurant Brands International (QSR.TO) gained 0.9% after J.P.Morgan initiated coverage on the stock with an "overweight" rating.

Persons: Chris Helgren, Barry Schwartz, Stocks, Fergal Smith, Shubham Batra, Shashwat Chauhan, Shilpi Majumdar, Deepa Babington Organizations: Toronto Stock Exchange, REUTERS, Energy, Toronto Stock, TSX, Baskin Financial Services, Bank of Canada, Technology, Restaurant Brands, Thomson Locations: Toronto , Ontario, Canada, Real, Toronto, Bengaluru

☆ Goldman Sachs weighs selling part of wealth business in broad strategy revamp
▼ + stars: | 2023-08-21 | by ( Saeed Azhar | ) www.reuters.com time to read: +3 min

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. The purchase was aimed at broadening Goldman's client list beyond the ultra-rich, but the unit has remained a small part of the bank's wealth business. High net worth individuals - who would fall within the business Goldman is considering selling - typically have about $1 million to $10 million to invest. Goldman's wealth business has lagged behind rivals, including Morgan Stanley (MS.N), where CEO James Gorman built the wealth management arm through a series of acquisitions that generate steady income from fees. The bank plans to grow its core wealth business serving ultra-high-net-worth clients, reiterating aspirations from its investor day in late February.

Persons: Goldman Sachs, Andrew Kelly, David Solomon, Goldman, Stephen Biggar, They've, Biggar, RIA, Morgan Stanley, James Gorman, Solomon, Marcus, Saeed Azhar, Lananh Nguyen, Tom Hogue, Sharon Singleton, Jonathan Oatis, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Argus Research, RIA, United Capital Financial Partners, Thomson Locations: New York City , New York, U.S, Ayco

☆ Who qualifies for the Republican debate that Trump is skipping?
▼ + stars: | 2023-08-21 | by ( Susan Heavey | ) www.reuters.com time to read: +6 min

Here is a list of 2024 Republican hopefuls who appear to be on track to qualify for the debate:DONALD TRUMPTrump dominates the Republican presidential field, and his indictments in four separate criminal cases have only turbo-charged his popularity among Republican voters. DeSantis is Trump's top rival but remains far behind the former president in opinion polls - he stands at just 13% in the latest Reuters/Ipsos poll. The political outsider has excited a lot of grassroots chatter as a potential alternative to Trump and garnered 7% in the latest Reuters/Ipsos poll. She has about 5% support among Republican voters in the latest Reuters/Ipsos poll. Christie saw no support among Republicans in the latest Reuters/Ipsos poll, which has a credibility interval of about 6 percentage points.

Persons: Ron DeSantis, Brian Snyder, Donald Trump, Republican Party's, Tucker Carlson, Ronna McDaniel, DONALD TRUMP Trump, Trump, RON DESANTIS, MIKE, Pence, VIVEK RAMASWAMY, Ramaswamy, NIKKI HALEY, Haley, TIM SCOTT, Scott, ASA HUTCHINSON, Hutchinson, Ipsos, CHRIS CHRISTIE Chris Christie, Trump's, Christie, DOUG BURGUM Burgum, Susan Heavey, Nathan Layne, Joseph Ax, Ross Colvin, Deepa Babington Organizations: Republican, Florida, REUTERS, Rights, Fox News, Sunday, Twitter, Trump, U.S . Capitol, Christian, Reuters, United Nations, Biden, Republican Party, TIM, Black Republican U.S, ASA, White House, New, Microsoft Corp, Thomson Locations: Manchester , New Hampshire, U.S, Milwaukee , Wisconsin, Georgia, DeSantis, Florida, Pence, Indiana, South Carolina, Arkansas, New Jersey

☆ Will Macy’s, Nordstrom merchandise overhauls lure shoppers?
▼ + stars: | 2023-08-21 | by ( Katherine Masters | ) www.reuters.com time to read: +4 min

In an effort to boost sales, Macy's - which reports second-quarter results on Tuesday - has focused on revamping its private brands, including its new On 34th label launched in July. Analysts expect Macy's to post a 87% slide in second-quarter profit, dragged down by heavy discounting to clear spring and early summer merchandise, according to Refinitiv. Thirteen percent answered Walmart and 9% answered Amazon, compared to 5.8% for Macy's and 3.3% for Nordstrom. Nordstrom so far has disclosed few specifics about the new merchandise intended to revive the Rack, including the brands and categories it plans to prioritize. On Monday, Rack’s website was advertising brands including Kate Spade, Adidas, Steve Madden and Cole Haan.

Persons: Andrew Kelly, Nordstrom, Erik Nordstrom, Macy's, Nordstrom's, Prosper, Macy’s, Kathy Gersch, ”, Kate Spade, Steve Madden, Cole Haan, Katherine Masters, Granth Vanaik, Savyata Mishra, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Nordstrom, U.S ., Target, Walmart, Nordstrom . Consulting, Deloitte, Private, Kotter, Adidas, Thomson Locations: Manhattan , New York City, U.S, New York, Bengaluru

☆ North Korea to launch satellite over Yellow Sea -Japan Coast Guard
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Aug 22 (Reuters) - North Korea has said it will launch a satellite between Aug. 24-31 in the direction of the Yellow Sea and East China Sea, the Japanese Coast Guard said on Tuesday. The Coast Guard added that the satellite, if launched, was likely to fall outside of Japan's exclusive economic zone. North Korea launched a satellite on May 31 that ended up plunging into the sea. The new "Chollima-1" satellite launch rocket failed because of instability in the engine and fuel system, state news agency KCNA reported. It prompted emergency alerts and brief evacuation warnings in parts of South Korea and Japan but no danger or damage was reported.

Persons: Fumio, KCNA, Elaine Lies, Deepa Babington, Stephen Coates Organizations: Japanese Coast Guard, Twitter, Coast Guard, North, Thomson Locations: TOKYO, North Korea, East China, Japan, South Korea, United States

[1/2] Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. The Panama Canal Authority has reduced maximum ship weights and daily ship crossings in a bid to conserve water. Container ships are the most common users of the Panama Canal and transport more than 40% of consumer goods traded between Northeast Asia and the U.S. East Coast. Some shipping executives are bracing for more reductions later this year, noting that in 2020 a less severe drought prompted canal operators to reduce crossings to 27 per day. "The Panama Canal is just the latest example."

Persons: Aris Martinez, Max, Drew Lerner, Peter Sand, Steve Ferreira, STRI's Steven Paton, Paton, Brian Bourke, Lisa Baertlein, Marianna Parraga, Elida Moreno, Louise Breusch Rasmussen, Deepa Babington Organizations: Monrovia NSU CHALLENGER, REUTERS, ANGELES, Evergreen Marine, Pacific, Panama Canal Authority, Northeast, U.S ., Smithsonian Tropical Research, El Nino, Central American, Canal Authority, SEKO Logistics, Thomson Locations: Cocoli, Panama, Panama City, HOUSTON, China, U.S, Northeast Asia, U.S . East Coast . U.S, United States, Chile, Brazil, Suez, Gatun Lake, El, U.S . East Coast, Los Angeles, Houston, Copenhagen

☆ Alcaraz to face Djokovic for Cincinnati title
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +4 min

Hurkacz, who narrowly lost to Alcaraz in the quarters of the Canadian Open, raced out to a 3-0 lead as Alcaraz mixed dazzling shotmaking with some head-scratching errors in the entertaining first set. Hurkacz captured the opener when he broke Alcaraz for a second time and had match point in the second set while returning serve and leading 5-4 but misfired on a forehand. Alcaraz drew Hurkacz to the net with a drop shot and then fired a sensational cross court winner to set up the tiebreak. A perfectly executed volley on his first match point delivered Alcaraz into his eighth final of the year and despite spending more than 10 hours on the court this week, he said he feels fresh. Djokovic, who won the Masters 1000 tournament in 2018 and 2020, has played Alcaraz three times.

Persons: Carlos Alcaraz, Hubert Hurkacz, Albert Cesare, Novak, Max Purcell, Hurkacz, Alcaraz, I'm, DJOKOVIC, ZVEREV, Alexander Zverez, Zverez, Djokovic, Rory Carroll, Deepa Babington, Kim Coghill Organizations: & Southern, Lindner, Tennis Center, Cincinnati, Spanish, England, Canadian, Spaniard, Wimbledon, Thomson Locations: Mason, OH, USA, Spain, Poland, Ohio, Madrid, Los Angeles

☆ Turkey begins rolling back costly FX-protected deposits
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +3 min

In a reversal, the central bank now wants lenders to set a new goal of transitioning KKM accounts into regular lira accounts, in part by dissuading companies and individuals from renewing the KKM accounts. According to a separate decree in the Official Gazette, the central bank also raised lenders' reserve requirement ratios for FX deposits, further nudging customers into regular lira accounts. KKM accounts have since ballooned to some $117 billion, or 3.1 trillion lira, around a quarter of total bank deposits. To cover KKM depreciation costs, the central bank paid an estimated 300 billion lira ($11 billion) in June and July, when the lira plunged again. The central bank said the KKM move would "enforce macro financial stability by supporting lira deposits" and pledged more such steps.

Persons: Dado Ruvic, Tayyip Erdogan's, Erdogan, Hakan Kara, Jonathan Spicer, Azra, Deepa Babington, Frances Kerry Organizations: Turkish Lira, REUTERS, Rights, Official Gazette, Bilkent University, Ece Toksabay, Thomson Locations: Turkish, Rights ANKARA

☆ Hurricane Hilary to trigger floods in Baja California peninsula, southwestern US - NHC
▼ + stars: | 2023-08-19 | by ( ) www.reuters.com time to read: +3 min

[1/5] Caution tapes prevent the passage at El Medano beach, as Hurricane Hilary hits Mexico's Baja California peninsula, in Cabo San Lucas, Mexico August 19, 2023. REUTERS/Monserrat Zavala Acquire Licensing RightsMEXICO CITY, Aug 19 (Reuters) - Hurricane Hilary was barreling towards Mexico's Baja California peninsula on Saturday, a U.S. government agency said, warning that catastrophic and life-threatening flooding was likely on the peninsula and U.S. Southwest. The National Hurricane Center (NHC) said the hurricane was weakening on its path to the west-central coast of the peninsula this evening. It predicted it would lose more strength and turn into a tropical storm as it heads towards southern California during the day and evening on Sunday. In Mexico's Baja California peninsula, some school and other non-essential activities were canceled through Monday, and authorities in Mexico's second-largest city, Tijuana, urged people in high-risk zones to move to temporary shelters.

Persons: Hilary, Monserrat Zavala, Joe Biden, Drazen Jorgic, Steve Holland, Michael Martina, Cynthia Osterman, Deepa Babington Organizations: REUTERS, MEXICO CITY, Mexico's, Southwest, National Hurricane Center, NHC, San Diego International, Major League Baseball's, Dodgers, Angels, Los Angeles FC, LA Galaxy, Thomson Locations: El, Baja California, Cabo San Lucas, Mexico, MEXICO, Mexico's Baja California, U.S, United States, California, Miami, Nevada, Mexico's, Tijuana, Southwest . U.S, Major League Baseball's Los Angeles

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. The Fed watches an array of asset prices in its monitoring of the economy, including stocks, home prices, and corporate bonds. Reuters GraphicsAs of the Fed's July meeting, most Fed officials said they thought rates would need to increase more, with key measures of inflation still more than double the Fed's 2% target. Normally, Fed officials would be expected to see that sort of economic strength as a reason inflation might stay high and require further rate increases. "It may take sustained higher 10-year yields to slow the economy and the housing sector in particular to re-attain 2% target inflation," wrote economists from Citi.

Persons: Jerome Powell, Brendan McDermid, Krishna Guha, Guha, Howard Schneider, Deepa Babington Organizations: Federal Reserve, New York Stock Exchange, REUTERS, Rights, Treasury, U.S . Federal Reserve, Stock, Reuters, Reuters Graphics Reuters, Fed, New York Fed, Citi, Thomson Locations: New York City, U.S

Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally in Erie, Pennsylvania, U.S., July 29, 2023. That requested date would place the trial after the November 2024 U.S. election, in which Trump is the front-runner for the Republican nomination. "The public interest lies in justice and fair trial, not a rush to judgment," Trump's attorneys wrote on Thursday. U.S. Special Counsel Jack Smith, whose office is prosecuting the federal 2020 election case against Trump, last Thursday asked U.S. District Judge Tanya Chutkan to schedule a trial to start on Jan. 2, 2024. That date is two weeks before the first votes are cast in the 2024 Republican presidential primary.

Persons: Donald Trump, Lindsay DeDario, Democrat Joe Biden, Trump, Jack Smith, Tanya Chutkan, Smith, Jasper Ward, Dan Whitcomb, Jacqueline Thomsen, Don Durfee, Deepa Babington Organizations: U.S, Republican, REUTERS, Democrat, Thomson Locations: Erie , Pennsylvania, U.S, Washington

[1/2] The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. An affiliate, Tianji Holdings, also sought Chapter 15 protection on Thursday in Manhattan bankruptcy court. The company proposed scheduling a Chapter 15 recognition hearing for Sept. 20. On Monday, its electric-vehicle unit China Evergrande New Energy Vehicle Group (0708.HK) announced its own proposed restructuring. Trading in China Evergrande shares was suspended in March 2022.

Persons: Aly, Evergrande, Hong, Evergrande NEV's, Jonathan Stempel, Dietrich Knauth, Manya, Anil D'Silva, Deepa Babington, Matthew Lewis Organizations: China Evergrande Group, REUTERS, HK, Tianji Holdings, British Virgin Islands, British Virgin, Energy Vehicle Group, Manya Saini, Thomson Locations: China, Shenzhen, Guangdong province, U.S, United States, Manhattan, Hong Kong, Cayman Islands, British Virgin, British, Dubai, New York, Bengaluru

☆ Deepa Seetharaman — Tech Reporter at The Wall Street Journal
▼ + stars: | 2023-08-17 | by ( Deepa Seetharaman | ) www.wsj.com time to read: 1 min

Deepa SeetharamanDeepa Seetharaman is a reporter covering artificial intelligence from The Wall Street Journal’s tech bureau in San Francisco. Previously, she covered the intersection of technology and politics and was the Journal's beat reporter covering Facebook (now Meta). She's covered antitrust issues and profiled some of the most influential executives in Silicon Valley. Deepa joined the Journal in 2015 from Reuters, where she covered e-commerce, focusing on Amazon, as well as the U.S. auto industry and labor unions. She's won several awards for her coverage including the George Polk Award for Business Reporting and the Gerald Loeb Award in Beat Reporting.

Persons: Deepa Seetharaman Deepa Seetharaman, She's, Deepa, She's, George Polk, Gerald Loeb Organizations: Facebook, Reuters, George Polk Award, Business Locations: San Francisco, Silicon Valley

NEW YORK, Aug 17 (Reuters) - Wolfspeed Inc (WOLF.N) shares plunged by nearly 21% on Thursday after analysts slashed price targets and sounded a cautious note about the chip maker's profit trends after its disappointing results. At least six brokerages cut their price targets for Wolfspeed shares after the company predicted a larger-than-expected quarterly loss after the market closed on Wednesday. Bank of America, which rates the stock "underperform," cut its price objective on the stock to $49 from $56. Wolfspeed shares were down 16.7% to $44.31 in afternoon trading. Reporting by Chibuike Oguh in New York; editing by Lewis Krauskopf and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Vivek Arya, Wolfspeed, Chibuike Oguh, Lewis Krauskopf, Deepa Babington Organizations: Wolfspeed, Bank of America, Thomson Locations: Mohawk, New York

☆ Venezuela appeals to US Supreme Court in last ditch move to limit Citgo auction
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +2 min

Aug 17 (Reuters) - Venezuela is making a last ditch attempt to limit the number of companies that could participate in a court-ordered auction of shares in a parent of oil refiner Citgo Petroleum, appealing to the U.S. Supreme Court to overturn a lower court's ruling. Venezuela's petition is asking the Supreme Court to find the lower court's "alter ego" decision was faulty. It does not affect the case against Venezuela filed by miner Crystallex International, whose $970 million claim led to the proposed auction of shares. The petition seeks to have briefs filed by September 15 - just ahead of the start of the proposed auction. A Delaware court judge has set Oct. 23 as the start date for the auction.

Persons: Nicolas Maduro, Gary McWilliams, Deepa Babington, David Gregorio Our Organizations: Petroleum, U.S, Supreme, ConocoPhillips, Exxon Mobil, Tenaris SA, CITGO Petroleum Corporation, Venezuela, Crystallex, Thomson Locations: Venezuela, PDV, United States, Illinois , Louisiana, Texas, Delaware, Houston, PDVSA

Republican presidential candidate and former U.S. President Donald Trump speaks as he campaigns at the Iowa State Fair in Des Moines, Iowa, U.S. August 12, 2023. Here are key dates in Trump's legal and political schedule:AUG. 23, 2023First Republican presidential debate. SEPT. 27, 2023Second Republican presidential debate. James is also seeking to stop the Trumps from running businesses in New York. FEB. 24, 2024South Carolina Republican presidential primaryMARCH 5, 2024"Super Tuesday," in which 14 state presidential primaries take place.

Persons: Donald Trump, Evelyn Hockstein, Trump, Letitia James, James, Jack Smith's, E, Jean Carroll, Carroll, JAN, Fani Willis, Andy Sullivan, Scott Malone, Deepa Babington Organizations: Fair, REUTERS, Former U.S, Republican, Trump, New York, Nevada Republican, South Carolina Republican, New, National Convention, Thomson Locations: Iowa, Des Moines , Iowa, U.S, Former, Fulton County, Georgia, Manhattan, New York, Iowa . New Hampshire, Nevada, Fulton, Miami

A trial date for Trump and the other defendants in this case has not yet been set. FEB. 8, 2024Nevada Republican presidential caucuses. FEB. 24, 2024South Carolina Republican presidential primary. MARCH 4, 2024Trial starts in the federal criminal case in Washington that charges Trump with illegally trying to reverse his 2020 election loss. MARCH 5, 2024"Super Tuesday," in which 14 state presidential primaries take place.

Persons: Donald Trump, Evelyn Hockstein, Trump, Democrat Joe Biden, Letitia James, James, Trump's, Kenneth Chesebro, E, Jean Carroll, Carroll, JAN, Fani Willis, Andy Sullivan, Deepa Babington, Jonathan Oatis, Grant McCool Organizations: Fair, REUTERS, Former U.S, Republican, Democrat, New York, Trump, Nevada Republican, South Carolina Republican, New, National Convention, Thomson Locations: Iowa, Des Moines , Iowa, U.S, Former, Georgia, Manhattan, New York, Iowa . New Hampshire, Nevada, Washington, Fulton County, Miami

☆ Musk's X delays access to content on Reuters, NY Times, social media rivals
▼ + stars: | 2023-08-16 | by ( Sheila Dang | ) www.reuters.com time to read: +2 min

REUTERS/Carlos Barria/File Photo Acquire Licensing RightsAug 15 (Reuters) - Social media company X, formerly known as Twitter, delayed access to links to content on the Reuters and New York Times websites as well as rivals like Bluesky, Facebook and Instagram, according to a Washington Post report on Tuesday. A user on Hacker News, a tech forum, posted about the delay earlier on Tuesday and wrote that X began delaying links to the New York Times on Aug. 4. A spokesperson for the New York Times said it has not received an explanation from X about the link delay. A Reuters spokesperson said: "We are aware of the report in the Washington Post of a delay in opening links to Reuters stories on X. Bluesky, an X rival that has Twitter co-founder Jack Dorsey on its board, did not reply to a request for comment.

Persons: Carlos Barria, X, Elon Musk, Musk, Jack Dorsey, Sheila Dang, Kenneth Li, Deepa Babington Organizations: REUTERS, Social, Twitter, Reuters, New York Times, Facebook, Washington Post, SpaceX, Hacker, Thomson Locations: San Francisco , California, U.S, South Africa, Washington, Dallas

☆ Blinken spoke with Paul Whelan, American detained in Russian prison
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

U.S. Secretary of State Antony Blinken gives his remarks to the media after attending the U.N. Security Council meeting in New York, U.S., August 3, 2023. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsWASHINGTON, Aug 16 (Reuters) - U.S. Secretary of State Antony Blinken spoke by phone on Wednesday with American citizen Paul Whelan, who is being held in a Russian prison, according to a source familiar with the call. Blinken told Whelan to "keep the faith and we’re doing everything we can to bring you home as soon as possible," CNN reported, citing a source. The United States has designated Whelan as "wrongfully detained," a term that effectively says the charges are bogus and the case is politically driven. U.S. ambassador to Russia, Lynne Tracy, visited Whelan in May in the prison in eastern Russia where he was being held.

Persons: Antony Blinken, Eduardo Munoz, Paul Whelan, Blinken, Whelan, Lynne Tracy, Eric Beech, Humeyra Pamuk, Rami Ayyub, Alistair Bell, Deepa Babington Organizations: . Security, REUTERS, Rights, CNN, U.S ., United, Thomson Locations: New York, U.S, Moscow, United States, Russia

The minutes of the Fed's July monetary policy meeting showed most policymakers continue to prioritize the battle against inflation, adding to uncertainty among investors about the outlook for interest rates. Bank shares extended losses, with the S&P 500 bank index <.SPXBK> down 1% and Bank of America (BAC.N) leading losses among bigger banks to end 2.2% lower. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. Equities have suffered through a rough patch in August, with the S&P 500 languishing near one-month lows as data underscoring sticky inflation and a robust economy fans fears of interest rates staying elevated for longer. The S&P 500 posted four new 52-week highs and 18 new lows; the Nasdaq Composite recorded 36 new highs and 255 new lows.

Persons: Banks, we're, Peter Tuz, Brendan McDermid, Mike Reynolds, Saeed Azhar, Noel Randewich, Amruta, Lewis Krauskopf, Maju Samuel, Vinay Dwivedi, Deepa Babington Organizations: Nasdaq, Dow, Federal, Chase Investment, ”, Dow Jones, Bank, Bank of America, Nvidia, New York Stock Exchange, REUTERS, Walmart, NYSE, Thomson Locations: Charlottesville , Virginia, New York City, U.S, New York, Bengaluru

The ruling sent the shares of the company's preferred stock soaring 27%. The company's common stock fell 27%. Under the approved class action settlement, AMC will provide stock worth an estimated $129 million to holders of its common stock to settle potential legal claims related to a stock conversion plan. Without the proposed settlement, common stockholders and preferred shareholders would end up owning 34.28% and 65.72% of AMC, respectively. Under the proposed settlement, common stockholders and preferred shareholders would own 37.15% and 62.85%, respectively.

Persons: Brendan McDermid, Chancellor Morgan Zurn, Zurn, Tom Hals, Deepa Babington Organizations: AMC Theatre, REUTERS, AMC Entertainment Holdings, AMC, Delaware, AMC Entertainment Holdings Inc, Chancery, Thomson Locations: New York City, U.S, WILMINGTON , Delaware, Delaware, Wilmington , Delaware

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