News
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Boeing set to acquire Spirit's Northern Ireland plant, spokesperson says
July 1 (Reuters) - Boeing BA.N is set to take over Spirit AeroSystems' SPR.N facility in Belfast, Northern Ireland, after attempts to find a buyer for the site fell through, a Spirit spokesperson said on Tuesday.Reuters
Tue, Jul 1
Toyota's second-quarter US auto sales rise 7.2%
July 1 (Reuters) - Toyota Motors' 7203.T North American unit reported higher second-quarter U.S. vehicle sales on Tuesday, helped by demand for its sedans and SUVs.The Japanese automaker's sales rose 7.2% to 666,469 units, from a year ago.Reuters
Tue, Jul 1
Apple owes $110 million in wireless tech patent case, US jury says
By Blake BrittainJuly 1 (Reuters) - Apple AAPL.O must pay a Spanish patent owner more than $110.7 million in damages for infringing a patent related to wireless communications technology, a Delaware federal jury said in a verdict made public on Tuesday.The jury agreed with TOT Power Control that wir...Reuters
Tue, Jul 1
American televangelist Jimmy Swaggart dies at age 90
By Bill TrottJuly 1 (Reuters) - Jimmy Swaggart, who was one of America's most influential televangelists in the 1980s before an affair with a prostitute brought his career crashing down, has died at the age of 90.Jimmy Swaggart Ministries confirmed his death on Facebook and his family thanked me...Reuters
Tue, Jul 1
DoD weather satellite program to cease data distribution on July 31
By Mia MacGregorJune 30 - (The Insurer) - The Defense Meteorological Satellite Program (DMSP), a key atmospheric data collection initiative run by the Department of Defense, will stop distributing data products to users on July 31, according to the National Oceanic and Atmospheric Administration (NO...Reuters
Tue, Jul 1
Sean 'Diddy' Combs jury asks to review Casandra Ventura's testimony
Jury asks to review Ventura's testimony on 2016 hotel incidentCombs denies sex trafficking, admits past domestic abuseProsecutors allege coercion in drug-fueled sex marathonsBy Jack Queen and Luc Cohen NEW YORK, July 1 (Reuters) - The jury deliberating in Sean "Diddy" Combs' sex t...Reuters
Tue, Jul 1
Munich Re's Ergo completes $2.6 billion acquisition of Next Insurance
By Mia MacGregorJuly 1 - (The Insurer) - Munich Re's Ergo Group said on Tuesday that it has completed the acquisition of Next Insurance in a $2.6 billion transaction. Next Insurance will now be integrated into the management structure of Ergo, Munich Re's primary insurance business.Founded i...Reuters
Tue, Jul 1
Premier League forms five-year AI partnership with Microsoft
July 1 (Reuters) - The English Premier League and Microsoft MSFT.O on Tuesday announced a five-year partnership where the cloud giant will infuse its artificial intelligence Copilot into the league's digital platforms to provide quick facts and statistics about matches. Audiences and fans will b...Reuters
Tue, Jul 1
Apple owes $110 million in wireless tech patent case, US jury says
By Blake BrittainJuly 1 (Reuters) - Apple AAPL.O must pay a Spanish patent owner more than $110.7 million in damages for infringing a patent related to wireless communications technology, a Delaware federal jury said in a verdict made public on Tuesday.The jury agreed with TOT Power Control that wir...Reuters
Tue, Jul 1
Homeland Security Secretary Noem says CNN may be prosecuted over report on migration app
July 1 (Reuters) - U.S. Homeland Security Secretary Kristi Noem said on Tuesday that she is working with the Justice Department to see if CNN can be prosecuted for reporting on a phone app that alerts users to sightings of Immigration and Customs Enforcement agents in their area.President Donald Tru...Reuters
Tue, Jul 1
U.S. RESEARCH ROUNDUP-First Citizens Bancshares, Oracle, PPG Industries
July 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including First Citizens Bancshares, Oracle and PPG Industries, on Tuesday. HIGHLIGHTS* Arthur J. Gallagher & Co. AJG.N: Jefferies raises target price to $341 from $338* F...Reuters
Tue, Jul 1
CORRECTED-Powerboat racing-E1 seeks new stakeholder to fund growth with more boats
E1 electric series seeks to expand in Asia and AmericasWants new investor to fund more boatsAiming for 500 million euro valuation by 2030 By Alan BaldwinLONDON, July 1 (Reuters) - Electric powerboat racing's E1 World Championship is seeking 20 million euros ($23.55 million) of fresh capital to f...Reuters
Tue, Jul 1
EXCLUSIVE-Scale AI's bigger rival Surge AI seeks up to $1 billion capital raise, sources say
Surge looks to fetch a valuation of over $15 billion in its first capital raiseScale AI faces customer losses after Meta's investmentSurge AI's high-end services attract major clients like Google and OpenAIBy Milana Vinn, Krystal Hu July 1 (Reuters) - Surge AI, a data-labeling firm that c...Reuters
Tue, Jul 1
Soccer-Italy's Berlusconi family sells Monza to U.S-based fund Beckett Layne
MILAN, July 1 (Reuters) - The Berlusconi family has agreed to sell soccer club AC Monza to U.S.-based investment firm Beckett Layne Ventures, it said in a statement on Tuesday, marking the end of an era for one of the big backers of the sport in Italy.The deal values the club, relegated from Serie A...Reuters
Tue, Jul 1
