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California cannot require background checks to buy ammunition, US appeals court rules
July 24 (Reuters) - A federal appeals court ruled on Thursday that California's first-of-its-kind law requiring firearm owners to undergo background checks to buy ammunition is unconstitutional.In a 2-1 vote, the 9th U.S. Circuit Court of Appeals in Pasadena, California upheld a lower court judg...Reuters
Thu, Jul 24
US House Speaker Johnson says Epstein case 'not a hoax'
WASHINGTON, July 24 (Reuters) - Republican House of Representatives Speaker Mike Johnson said the Jeffrey Epstein scandal was "not a hoax" in an interview released on Thursday, as the case continued to stoke turmoil within President Donald Trump's party.Trump has denounced the furor over...Reuters
Thu, Jul 24
Uber dials up new fights with plaintiffs lawyers
Uber continues push against alleged attorney misconduct, overreachD.C. lobbying revenues surgeFrance's Macrons turn to Clare LockeUK firms point to U.S. growth as revenues rise By Mike Scarcella, David Thomas and Sara Merken July 24 (Reuters) - (Billable Hours is Reuters' weekly report on...Reuters
Thu, Jul 24
Columbia ends uncertainty with Trump deal, head says
Deal lets university move forward, president saysDeal does not let government dictate hiring, president saysUniversity does not admit to violating civil rights July 24 (Reuters) - Columbia University's agreement to pay over $200 million to the U.S. government in a settlement with President Do...Reuters
Thu, Jul 24
McGraw Hill notches $3.25 billion valuation in NYSE debut as shares open at par
July 24 (Reuters) - U.S. publisher McGraw Hill MH.N was valued at $3.25 billion and its shares opened at par in their New York debut on Thursday, hinting at a mixed response from investors in the IPO market.Reuters
Thu, Jul 24
IMF plans August mission to Senegal on hidden debt, new programme
Bonds gain nearly 3 cents on the newsIMF pegged "hidden" debt at $11.3 bln at end-2023If Senegal does not get a waiver, it would have to repay IMFIMF will present to board on how debt went undetectedBy Libby George and Rodrigo Campos LONDON/NEW YORK, July 24 (Reuters) - The International ...Reuters
Thu, Jul 24
Teck says discussions ongoing over Chile mines
July 24 (Reuters) - Teck Resources TECKb.TO said on Thursday that discussions around potential opportunities at its Quebrada Blanca (QB) and Collahuasi copper operations in Chile are ongoing.Collahuasi, a large copper mine, is operated by Glencore GLEN.L, Anglo American AAL.L and Japan Collahuasi Re...Reuters
Thu, Jul 24
OBITUARY-Hulk Hogan, who helped turn pro wrestling into billion-dollar spectacle, dies at 71
By Rocky SwiftJuly 24 (Reuters) - Hulk Hogan, the American sports and entertainment star who made professional wrestling a global phenomenon and loudly supported Donald Trump for president, has died at the age of 71, World Wrestling Entertainment said on Thursday."WWE is saddened to learn WWE Ha...Reuters
Thu, Jul 24
Judge disqualifies three Butler Snow attorneys from case over AI citations
By Sara Merken July 24 (Reuters) - A federal judge in Alabama disqualified three lawyers from U.S. law firm Butler Snow from a case after they inadvertently included made-up citations generated by artificial intelligence in court filings.U.S. District Judge Anna Manasco in a Wednesday order repri...Reuters
Thu, Jul 24
Soviet-era passenger plane crashes in Russia's far east killing all 48 on board
Plane crashes in dense forest on landing approach Was carrying 42 passengers, including five children Russia opens investigation, Putin expresses condolences Plane was nearly 50 years old By Andrew Osborn and Gleb StolyarovMOSCOW, July 24 (Reuters) - An Antonov An-24 passenger plane carrying 48 pe...Reuters
Thu, Jul 24
FCC chair pleased with Skydance vow to make changes at CBS
July 24 (Reuters) - The chair of the Federal Communications Commission said Thursday he is pleased with commitments Skydance has made to make serious changes at CBS under a proposed merger with Paramount, but said the agency has not made a decision on the tie-up.CBS parent Paramount needs approval f...Reuters
Thu, Jul 24
LVMH to open additional U.S. factory by 2027, CEO Arnault tells paper
PARIS, July 24 (Reuters) - French luxury giant LVMH LVMH.PA is planning to open a second factory in Texas, its CEO and chairman Bernard Arnault was quoted as telling the Wall Street Journal on Thursday. Just like the Louis Vuitton factory opened in 2019 during U.S. President Donald Trump's first...Reuters
Thu, Jul 24
EU regulators to investigate if KKR provided misleading information in Telecom Italia deal
By Foo Yun Chee BRUSSELS, July 24 (Reuters) - EU antitrust regulators will investigate whether U.S. investment firm KKR KKR.N provided incorrect or misleading information in its 22 billion euro ($26 billion) acquisition of Telecom Italia's (TIM) TLIT.MI fixed-line network deal, the European C...Reuters
Thu, Jul 24
REFILE-NorthEast Community Bancorp's Q2 net income falls
OverviewNorthEast Community Bancorp Q2 net income declines to $11.2 mln from $12.8 mln yr agoNet interest income and net interest margin decreased compared to Q2 2024Company's asset quality remains strong with no non-performing loansOutlookCompany notes increased loan demand with $636 mln in unf...Reuters
Thu, Jul 24
Chipmaker STMicro makes first loss in over a decade, hit by restructuring costs
Q2 revenue exceeds expectations despite operating lossCEO more upbeat about outlook for remainder of yearShares suffer largest single day lossBy Nathan Vifflin AMSTERDAM, July 24 (Reuters) - STMicroelectronics STMPA.PA reported a second-quarter loss on Thursday, its first in more than a decade, f...Reuters
Thu, Jul 24
