News
Important Only
Deals of the day-Mergers and acquisitions
June 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday:** Justin Sun's crypto platform, Tron, has reached a deal with Nasdaq-listed company SRM Entertainment SRM.O under which it will buy tokens, be renamed Tron Inc and have Sun join the c...Reuters
Mon, Jun 16
OpenAI executives have discussed accusing Microsoft of anticompetitive behavior, WSJ reports
June 16 (Reuters) - OpenAI executives have discussed accusing its backer Microsoft MSFT.O of anticompetitive behavior during their partnership, the Wall Street Journal reported on Monday, citing people familiar with the matter.Reuters
Mon, Jun 16
Hedge fund Millennium valued at $14 billion in minority stake sale talks, FT reports
June 16 (Reuters) - Millennium Management is in talks to sell a minority stake in its management company, in a deal that values the hedge fund giant at $14 billion, the Financial Times reported on Monday, citing people familiar with the discussions.The company is working with Goldman Sachs' Pete...Reuters
Mon, Jun 16
OpenAI Has Discussed Accusing Microsoft Of Anticompetitive Behavior During Their Partnership-WSJ
June 16 (Reuters) - OPENAI HAS DISCUSSED MAKING ANTITRUST COMPLAINTS TO REGULATORS- WSJOPENAI’S EXECUTIVES HAVE DISCUSSED ACCUSING MICROSOFT OF ANTICOMPETITIVE BEHAVIOR DURING THEIR PARTNERSHIP-WSJMICROSOFT IS CURRENTLY ASKING FOR A LARGER STAKE IN THE NEW COMPANY THAN OPENAI IS WILLING TO GIVE - WS...Reuters
Mon, Jun 16
Ex-Trump DOJ official Rod Rosenstein joins law firm Baker McKenzie
By Mike Scarcella June 16 (Reuters) - Former Deputy U.S. Attorney General Rod Rosenstein, who appointed Special Counsel Robert Mueller to investigate links between Russia and Donald Trump’s 2016 presidential campaign, has left law firm King & Spalding for rival Baker McKenzie.Rosenstein will ...Reuters
Mon, Jun 16
Trump family in phone service licensing deal, touts a $499 device
Trump Organization launches service, new phonePhones to be made in America, group announcesLatest move by Trump Org into new business venturesBy Hannah Lang, Michelle Conlin and Akash Sriram NEW YORK, June 16 (Reuters) - Donald Trump's family business licensed its name to launch a U.S. mo...Reuters
Mon, Jun 16
Canopius adds AIG’s Losquadro in latest senior marine appointment
By Chris MunroJune 16 - (The Insurer) - Canopius Group has made another senior appointment to its U.S. marine underwriting team with the hire of Tom Losquadro from AIG.The recruit has joined as vice president of underwriting for national hull and liability U.S.In that role, Losquadro will lead under...Reuters
Mon, Jun 16
Suspect in Minnesota lawmaker killing visited other legislators' homes, prosecutors say
Boelter, 57, faces potential death penaltyDefendant makes first court appearance after arrestGunman posed as police officer during shootingsKilling was political assassination, U.S. attorney saysBy Nathan Layne MINNEAPOLIS, Minnesota, June 16 (Reuters) - The suspect accused of assassinating a Min...Reuters
Mon, Jun 16
Tennis-Tauson through in Nottingham, Danilovic defeated in first round
June 16 (Reuters) - Danish second seed Clara Tauson is safely through to the second round of the Nottingham Open after a 7-5 6-2 win over Australian Kimberly Birrell on Monday, while ninth seed Olga Danilovic's tournament ended with defeat by Dayana Yastremska.Tauson, who reached her first WTA 1...Reuters
Mon, Jun 16
Hedge fund Millennium valued at $14 billion in minority stake sale talks, FT reports
June 16 (Reuters) - Millennium Management is in talks to sell a minority stake in its management company, in a deal that values the hedge fund giant at $14 billion, the Financial Times reported on Monday, citing people familiar with the discussions.The company is working with Goldman Sachs' Pete...Reuters
Mon, Jun 16
Ice hockey-Matthews headlines US team as NHL stars return to Olympics
NEW YORK, June 16 (Reuters) - Auston Matthews will lead the American charge at the Milano-Cortina Winter Games next year, as USA Hockey named the first six players to their roster on Monday with NHL stars able to compete on the Olympic stage for the first time since 2014.Players from the top-flight ...Reuters
Mon, Jun 16
West Red Lake Gold Reports Fatality At The Madsen Mine
June 16 (Reuters) - West Red Lake Gold Mines Ltd WRLG.V:WEST RED LAKE GOLD REPORTS FATALITY AT THE MADSEN MINEWEST RED LAKE GOLD MINES LTD - OPERATIONS SUSPENDED AT MADSEN MINE PENDING INVESTIGATIONWEST RED LAKE GOLD MINES LTD - AN EMPLOYEE FATALLY INJURED AT WEST RED LAKE GOLD'S MADSEN MINEReuters
Mon, Jun 16
Concierge Cyber gets Lloyd’s capacity for standalone cyber program
By Chris MunroJune 16 - (The Insurer) - Concierge Cyber has secured capacity from Lloyd’s of London to support its new standalone cyber insurance program InsurePLUS.Through the new offering, the Atlanta, Georgia-based cyber risk management specialist also offers clients an endorsement that allows po...Reuters
Mon, Jun 16
American Bar Association sues to block Trump's attacks on law firms
By Mike Scarcella June 16 (Reuters) - The American Bar Association sued the Trump administration on Monday, seeking an order that would bar the White House from pursuing what the ABA called a campaign of intimidation against major law firms. The lawsuit, filed in federal court in Washington, D.C....Reuters
Mon, Jun 16
Texas startup sells plastic-eating fungi diapers to tackle landfill waste
MycoDigestible Diaper is made by Hiro TechnologiesFungi added to dirty diaper before it is thrown awayBy Evan GarciaAUSTIN, Texas, June 16 (Reuters) - Could baby poop and fungi work together to tackle landfill waste? That's the idea behind a new product launched by an Austin, Texas-based startup...Reuters
Mon, Jun 16
US House Speaker Johnson postpones trip to Israel
By Patricia Zengerle WASHINGTON, June 16 (Reuters) - U.S. House of Representatives Speaker Mike Johnson said on Monday he has postponed his planned trip to Israel to address its parliament on June 22 because of the escalating conflict between Iran and Israel."Due to the complex situation curr...Reuters
Mon, Jun 16
US seeks dismissal of Naval Academy case after ending race-conscious admissions
WASHINGTON, June 16 (Reuters) - The U.S. Justice Department on Monday asked a federal appeals court to dismiss a lawsuit challenging race-conscious admissions at the U.S. Naval Academy after the elite military school said it changed its policy under Republican President Donald Trump.The Naval Academ...Reuters
Mon, Jun 16
BREAKINGVIEWS-Trump Mobile sends big business a chilling message
By Jennifer Saba NEW YORK, June 16 (Reuters Breakingviews) - A scary call is coming for CEOs from inside the White House. President Donald Trump’s family holding company unveiled a new cellular service and touted a “Made in USA” smartphone. It will piggyback on AT&T T.N, Verizon Communicatio...Reuters
Mon, Jun 16
