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White House says opposing views from Musk aren't hurting tax bill's prospects
WASHINGTON, June 4 (Reuters) - The White House does not believe that opposing views from billionaire Elon Musk are hurting President Donald Trump's tax bill, Budget Director Russell Vought said on Wednesday.Reuters
Wed, Jun 4
Apple loses bid to pause app store reform order in Epic Games case
By Mike Scarcella June 4 (Reuters) - Apple AAPL.O on Wednesday failed to persuade a U.S. appeals court to pause key parts of a federal judge's order requiring the iPhone maker to immediately open its lucrative App Store to more competition.The 9th U.S. Circuit Court of Appeals rejected Apple&...Reuters
Wed, Jun 4
Skadden Foundation leader resigns following Trump deal
By David Thomas June 4 (Reuters) - The executive director of Skadden Arps Slate Meagher & Flom's fellowship foundation said on Wednesday she resigned from her position, more than two months after the law firm agreed to provide President Donald Trump with $100 million in free legal service...Reuters
Wed, Jun 4
Columbia failed to meet accreditation standards, US government says
By Jasper Ward and Helen Coster WASHINGTON, June 4 (Reuters) - The U.S. Department of Education said on Wednesday it has notified a university accreditation body that it believes Columbia University had violated federal anti-discrimination laws by its alleged failure to protect Jewish students on...Reuters
Wed, Jun 4
Fired NTSB vice chair sues Trump over removal from office
By David Shepardson WASHINGTON, June 4 (Reuters) - The fired vice chair of the U.S. National Transportation Safety Board sued President Donald Trump on Wednesday, saying his removal from office was illegal and threatened the independent agency's safety mission.Alvin Brown, a Democrat who was ...Reuters
Wed, Jun 4
DOGE grapples with leadership vacuum post-Musk departure
By Bo Erickson, Tim Reid WASHINGTON, June 4 (Reuters) - The Department of Government Efficiency, the brainchild of Elon Musk that upended Washington with its rapid-fire drive to slash thousands of federal jobs and cut costs, is effectively leaderless now that the billionaire and his deputy have s...Reuters
Wed, Jun 4
CDC official resigns from COVID vaccine committee advisory role, sources say
Official who resigned co-led work group on COVID-19 vaccine useMove follows RFK Jr.'s changes to vaccine immunization schedule without CDC advisers' inputVaccine advisory panel meeting set for June 25-27By Julie Steenhuysen, Michael Erman and Dan Levine June 3 (Reuters) - Pediatric infect...Reuters
Wed, Jun 4
ECB to cut rates again as the case builds for a summer pause
Deposit rate cut expected, to 2.0% from 2.25%Decision at 1215 GMT, Lagarde press conference at 1245 GMTInflation forecast is likely to be cutMarkets see July pause in rate cuts By Balazs Koranyi and Francesco CanepaFRANKFURT, June 5 (Reuters) - The European Central Bank is almost certain to cut inte...Reuters
Wed, Jun 4
Musk’s Tesla seeks to guard crash data from public disclosure
By Mike Scarcella June 4 (Reuters) - Tesla TSLA.O has asked a judge to reject a demand for some of its vehicle crash data held by the U.S. National Highway Transportation Safety Administration, saying that public disclosure of the information could cause competitive harm.Tesla, the electric carma...Reuters
Wed, Jun 4
DoorDash, Grubhub, Uber Eats settle with New York City over fee caps
June 4 (Reuters) - DoorDash DASH.N, Grubhub and Uber Eats UBER.N have settled a lawsuit against New York City over a law capping how much they can charge restaurants for delivering meals.The proposed settlement anticipates changes to the law, and was described in a Wednesday filing in federal court ...Reuters
Wed, Jun 4
Trump is committed to getting tax bill passed despite opposition from Elon Musk
WASHINGTON, June 4 (Reuters) - President Donald Trump is committed to passing his tax bill in the U.S. Senate despite opposition from billionaire Elon Musk, a White House official said on Wednesday.The official, speaking on condition of anonymity, added that the White House will not consult Musk on ...Reuters
Wed, Jun 4
US State Department's planned layoffs may violate court order, judge says
Judge blocked government-wide layoffs directed by TrumpState Department says plan is independent of White HouseJudge likely to rule next week By Daniel Wiessner June 4 (Reuters) - A federal judge in California on Wednesday said her recent ruling barring President Donald Trump's administration...Reuters
Wed, Jun 4
Travelers’ Schnitzer: Scale will increasingly matter in insurance in next five years
By Michael LoneyJune 4 - (The Insurer) - Travelers chairman and CEO Alan Schnitzer has predicted that scale will be increasingly important in the insurance industry amid a greater need to develop technology.Speaking at S&P Global Ratings’ 41st Annual Insurance Conference in New York on Wednesday...Reuters
Wed, Jun 4
