News
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Judge rejects class action for Google privacy lawsuit
By Jonathan Stempel June 10 (Reuters) - People who accused Google of illegally collecting their personal information, after they chose not to synchronize their Google Chrome browsers with their Google accounts, cannot sue the Alphabet GOOGL.O unit as a group in a class action, a U.S. judge ruled....Reuters
Tue, Jun 10
Exclusive: Canopius hires QBE’s Lowe for specialty underwriting role in Bermuda
By James ThalerJune 10 - (The Insurer) - Canopius has hired Tom Lowe from QBE in Bermuda for a specialty underwriting role, reinsurance broking and underwriting, sources told The Insurer.Lowe spent nearly a decade with QBE, where he most recently served as vice president of treaty underwriting and h...Reuters
Tue, Jun 10
Boeing books 303 new orders, hits 737 MAX production target in blockbuster May
Qatar Airways in deal for most widebody jets in Boeing historyBoeing delivers 45 aircraft in May, nearly double from last yearParis Air Show due to start next Monday By Dan Catchpole SEATTLE, June 10 (Reuters) - Boeing BA.N heads into the Paris Air Show after a blockbuster May that included b...Reuters
Tue, Jun 10
Bessent emerges as possible contender to succeed Fed's Powell, Bloomberg reports
June 10 (Reuters) - U.S. Treasury Secretary Scott Bessent has emerged as a possible candidate to succeed Federal Reserve Chair Jerome Powell, Bloomberg News reported on Tuesday, citing people familiar with the matter.Bessent joins a small list of Fed chair candidates that has included former Fed off...Reuters
Tue, Jun 10
Walgreens, Authentic Brands, Kourtney Kardashian among those evaluating Rite Aid assets, sources say
Walgreens, Authentic Brands, WHP Global and Marquee Brands evaluate IP and loyalty programKourtney Kardashian and private equity firms express interest in Thrifty ice cream brandBy Abigail Summerville NEW YORK, June 10 (Reuters) - Pharmacy chain Walgreens and reality star turned entrepreneur Kour...Reuters
Tue, Jun 10
Zions Exec Speaks At Morgan Stanley U.S. Financials Conference
June 10 (Reuters) - Zions Bancorporation NA ZION.O:ZIONS EXEC SPEAKING AT MORGAN STANLEY U.S. FINANCIALS CONFERENCEZIONS EXEC SAYS GENIE IS OUT OF THE BOTTLE ON TARIFFS, AND I DON'T THINK ANYONE CAN PUT IT BACK IN TERMS OF MINDSET OF SMALL AND MEDIUM SIZED BUSINESS OWNERSZIONS EXEC SAYS WE'R...Reuters
Tue, Jun 10
Meta to pay nearly $15 billion for Scale AI stake, The Information reports
June 10 (Reuters) - Meta Platforms META.O has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.Founded in 2016, Scale AI provides vast amounts of labeled data or curated training ...Reuters
Tue, Jun 10
US State Dept says Russia’s strikes against Ukraine’s cities need to stop immediately
WASHINGTON, June 10 (Reuters) - Russian strikes against Ukrainian cities need to stop immediately, a U.S. State Department spokesperson said on Tuesday, condemning the strikes after Russia launched one of its largest air strikes on Kyiv."We have seen these reports, and we are monitoring the situ...Reuters
Tue, Jun 10
Snap to launch smart glasses for users in 2026 in challenge to Meta
June 10 (Reuters) - Snap SNAP.N will launch its first-ever smart glasses for all consumers next year, ratcheting up competition with bigger rival Meta META.O in the wearable technology market.The augmented reality smart glasses, called Specs, will be lightweight, the social media company said on Tue...Reuters
Tue, Jun 10
US military evaluating options to prevent nuclear-armed Iran, general says
WASHINGTON, June 10 (Reuters) - The top U.S. general overseeing American forces in the Middle East said on Tuesday there were a range of options when asked if the military was prepared to respond with overwhelming force to prevent a nuclear-armed Iran."I have provided the secretary of defense an...Reuters
Tue, Jun 10
Trump warns protests at military parade will be met with 'very big force'
WASHINGTON, June 10 (Reuters) - U.S. President Donald Trump warned people on Tuesday against protesting at the weekend military parade in Washington to celebrate the U.S. Army's 250th anniversary."For those people that want to protest, they're going to be met with very big force," Tr...Reuters
Tue, Jun 10
European MGA Summit: Hybrid fronting leaders set sights on regional opportunity
Hybrid fronting model seen as key to expanding MGA capacity in EuropeGreater reinsurance appetite than insurance paper available in European marketFocus on quality long-term reinsurance partners amid regulatory scrutinyBy Ryan HewlettJune 10 - (The Insurer) - Fronting carriers are now turning their ...Reuters
Tue, Jun 10
Trump aide condemns Mexican president's comment on Los Angeles protests
WASHINGTON, June 10 (Reuters) - U.S. Homeland Security Secretary Kristi Noem on Tuesday condemned Mexican President Claudia Sheinbaum's comments criticizing violent acts committed during the protests that have broken out in Los Angeles against immigration raids.Sheinbaum on Monday called on U.S....Reuters
Tue, Jun 10
Pentagon defends troop deployments to Los Angeles to protect ICE agents
Deployments to cost $134 millionDemocrats question military involvement in Los AngelesActive-duty troop deployment during civil unrest is rareBy Phil Stewart and Idrees AliWASHINGTON, June 10 (Reuters) - U.S. Defense Secretary Pete Hegseth on Tuesday defended a $134-million deployment of Marines and...Reuters
Tue, Jun 10
Exclusive: Willis Re raids Guy Carp Bermuda office to hire senior leaders, sources say
By James ThalerJune 10 - (The Insurer) - WTW’s new Bain-backed reinsurance venture has raided Guy Carpenter’s Bermuda office to hire senior team members, Bermuda-based reinsurance broking and underwriting sources told The Insurer on Tuesday.Those set to leave Guy Carpenter Bermuda include CEO John F...Reuters
Tue, Jun 10
Trump says 'we'll see' if Insurrection Act needed amid protests in Los Angeles
WASHINGTON, June 10 (Reuters) - U.S. President Donald Trump on Tuesday said he would invoke the Insurrection Act if he determined there was an insurrection under way as part of street protests in Los Angeles."If there's an insurrection, I would certainly invoke it. We'll see," Trump ...Reuters
Tue, Jun 10
