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OpenAI wins trademark lawsuit over 'Open Artificial Intelligence'
By Blake Brittain July 22 (Reuters) - OpenAI convinced a federal judge in California on Monday that a Silicon Valley tech entrepreneur violated its trademark rights by using the name "Open AI" in commerce.U.S. District Judge Yvonne Rogers agreed with OpenAI that Guy Ravine's company O...Reuters
Tue, Jul 22
US appeals court revives antitrust lawsuit over Puerto Rican baseball league
By Mike Scarcella July 22 (Reuters) - Puerto Rico’s top baseball league must face claims that it conspired to suppress competition in the popular sport on the island, home to many current and former stars of Major League Baseball, a federal appeals court ruled.The 1st U.S. Circuit Court of Appeal...Reuters
Tue, Jul 22
Trump says US, Philippines very close to finishing trade deal
WASHINGTON, July 22 (Reuters) - U.S. President Donald Trump on Tuesday said the U.S. was close to finalizing a trade agreement with the Philippines. "We're going to talk about trade today and we are very close to finishing a trade deal, a big trade deal actually," Trump told reporters at...Reuters
Tue, Jul 22
US sells $80 bln 6-week bills at high rate of 4.26%
NEW YORK, July 22 (Reuters) - The U.S. Treasury's auction on Tuesday of $80 billion in six-week or 42-day bills yielded a high rate of 4.26%, awarding 23.4% of bids at that rate, according to Treasury data.The bill saw a bid-to-cover ratio, a gauge of demand, of 2.85%Reuters
Tue, Jul 22
Volaris confident US-Mexico aviation dispute can be resolved, CEO says
MEXICO CITY, July 22 (Reuters) - Mexican airline Volaris is confident that a mutually beneficial agreement can be reached between the U.S. and Mexican governments following a U.S. Department of Transportation (DOT) order, CEO Enrique Beltranena said on Tuesday.The DOT said on Saturday it would take ...Reuters
Tue, Jul 22
Trump welcomes Philippines leader, says expects trade deal on Tuesday
WASHINGTON, July 22 (Reuters) - U.S. President Donald Trump on Tuesday welcomed Philippine President Ferdinand Marcos Jr. to the White House, saying he thought the two leaders could reach a trade agreement. Asked if they would reach a trade deal on Tuesday, Trump told reporters: "I think we ...Reuters
Tue, Jul 22
EXCLUSIVE-Apple set to stave off daily fines, EU to accept App Store changes, sources say
By Foo Yun Chee BRUSSELS, July 22 (Reuters) - Apple's AAPL.O changes to its App Store rules and fees will likely secure the green light from EU antitrust regulators, people with direct knowledge of the matter said, a move that would stave off potentially hefty daily fines for the iPhone maker...Reuters
Tue, Jul 22
Boeing kicks off production of 777-8 freighter, the Seattle Times reports
July 22 (Reuters) - Boeing BA.N has kicked off production of its newest freight carrier, the 777-8, the Seattle Times reported on Tuesday. The aircraft, which has a revenue payload of 112.3 tonnes, was first announced in 2022 at the White House.Boeing had then said that Qatar Airways would be the fi...Reuters
Tue, Jul 22
OpenAI wins trademark lawsuit over 'Open Artificial Intelligence'
By Blake Brittain July 22 (Reuters) - OpenAI convinced a federal judge in California on Monday that a Silicon Valley tech entrepreneur violated its trademark rights by using the name "Open AI" in commerce.U.S. District Judge Yvonne Rogers agreed with OpenAI that Guy Ravine's company O...Reuters
Tue, Jul 22
Visionary Holdings Announces Court Ruling On Board Composition And Investigation
July 22 (Reuters) - Visionary Holdings Inc GV.O:VISIONARY HOLDINGS INC. ANNOUNCES COURT RULING ON BOARD COMPOSITION AND INVESTIGATIONVISIONARY HOLDINGS INC - COURT ORDERS INVESTIGATION INTO MISCONDUCT ALLEGATIONS AT VISIONARYVISIONARY HOLDINGS INC - FAN ZHOU RESTRAINED FROM MANAGEMENT PARTICIPATION ...Reuters
Tue, Jul 22
Italy's Azimut buys Chigago-based North Square Investments in $165 mln deal
MILAN, July 22 (Reuters) - Italian asset manager Azimut AZMT.MI said on Tuesday it had signed a binding accord to buy North Square Investments (NSI) in a cash-and-share deal giving the U.S. peer an enterprise value of $165 million.Azimut, which is carrying out the deal through its U.S. arm Azimut US...Reuters
Tue, Jul 22
REFILE-Synchrony Financial's quarterly profit surges on lower rainy-day fund, higher interest income
July 22 (Reuters) - Synchrony Financial SYF.N on Tuesday reported a 52% jump in second-quarter profit, as the consumer lender set aside less money to cover potential defaults and elevated rates boosted its interest income.Consumers have been resilient despite high interest rates and inflation, with ...Reuters
Tue, Jul 22
Euro zone bond prices slightly extend previous day's gains
LONDON, July 22 (Reuters) - Euro zone government bond prices rose on Tuesday, slightly extending gains from the day before when a rally exacerbated by thin liquidity sent German 10-year yields down by their most in four months. Germany's 10-year yield, the euro zone benchmark, was last down 2.5 ...Reuters
Tue, Jul 22
Longtime PCAOB official to lead the audit watchdog, US SEC says
By Chris Prentice NEW YORK, July 22 (Reuters) - The U.S. Securities and Exchange Commission has tapped a longtime official of the Public Company Accounting Oversight Board to lead the audit watchdog, after the agency's head pushed out its Democratic chief last week. George Botic, a certified ...Reuters
Tue, Jul 22
UMG Announces Strategic Partnership With Liquidax Capital
July 22 (Reuters) - Universal Music Group NV UMG.AS:STRATEGIC PARTNERSHIP WITH LIQUIDAX CAPITALSTRATEGIC PARTNERSHIP TO ACCELERATE THE DEVELOPMENT OF UMG'S MUSIC-RELATED AI PATENTSANNOUNCED STRATEGIC PARTNERSHIP WITH LIQUIDAX CAPITAL TO ACCELERATE DEVELOPMENT OF UMG'S MUSIC-RELATED AI PATENT...Reuters
Tue, Jul 22
Increasing drone incidents near US airports prompt alarm
WASHINGTON, July 22 (Reuters) - U.S. officials told a Senate committee on Tuesday that there have been more than 3,000 drone events near American airports since 2021 including 11 aircraft this year that reported taking evasive action to avoid collisions.Steven Willoughby, a counter drone official wi...Reuters
Tue, Jul 22
'I'm free now,' says Venezuelan singer held in El Salvador
By Efrain Otero CARACAS, July 22 (Reuters) - A Venezuelan singer who spent months in a notorious prison in El Salvador returned to his family in Caracas overnight, one of the first of more than 250 former prisoners to arrive home after they were sent back to Venezuela last week.Arturo Suarez was ...Reuters
Tue, Jul 22
Mexico's Sheinbaum says 14 Mexicans held in "Alligator Alcatraz" detention center
MEXICO CITY, July 22 (Reuters) - Mexican President Claudia Sheinbaum said on Tuesday that 14 Mexican nationals were being held at the U.S. "Alligator Alcatraz" detention center and that her government was seeking their repatriation."All arrangements are being made to ensure they are repa...Reuters
Tue, Jul 22
WTO reverses parts of previous decision in EU-China intellectual property dispute
July 21 (Reuters) - World Trade Organization arbitrators on Monday reversed part of a previous panel decision that had rejected the European Union's claims that China had violated the global watchdog's rules on intellectual property.In April, a WTO panel rejected the EU's complaint, lodg...Reuters
Tue, Jul 22
