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Trump asks US Supreme Court to allow mass federal layoffs
Unions, non-profits, local governments sued administrationJudge blocked federal layoffs called "reductions in force"By John Kruzel WASHINGTON, June 2 (Reuters) - Donald Trump's administration asked the U.S. Supreme Court on Monday to halt a judicial order blocking mass job cuts an...
Reuters
Mon, Jun 2
UK Should Expand Army's Size When Funding Allows, Review Recommends
June 2 (Reuters) - UK policy paper:UK STRATEGIC DEFENCE REVIEW: UK SHOULD INCREASE NUMBER OF REGULAR ARMY PERSONNEL WHEN FUNDING ALLOWS, LIKELY IN THE NEXT PARLIAMENTUK DEFENCE REVIEW: MINISTRY OF DEFENCE'S CIVIL SERVICE COSTS SHOULD BE REDUCED BY AT LEAST 10% BY 2030UK DEFENCE REVIEW AUTHORS: O...
Reuters
Mon, Jun 2
Airlines, planemakers oppose credit card fee crackdown that could imperil free flight offers
WASHINGTON, June 2 (Reuters) - Major airlines said Monday they oppose a new effort to advance legislation that would reduce fees charged by Visa V.N and Mastercard MA.N on transactions, saying the bill could force them to stop offering rewards credit cards that give consumers frequent flyer miles fo...
Reuters
Mon, Jun 2
Elon Musk's xAI Seeks $113 Bln Valuation In $300 Mln Share Sale- FT
June 2 (Reuters) - ELON MUSK'S XAI SEEKS $113BN VALUATION IN $300MN SHARE SALE- FTSource text: [https://on.ft.com/4dK1Mjm]
Reuters
Mon, Jun 2
BREAKINGVIEWS-Chime IPO’s innovative tune hits a discordant note
By Stephen Gandel NEW YORK, June 2 (Reuters Breakingviews) - Like an indie band breaking onto a tired scene, upstarts across a swathe of industries proclaim a bold new way of doing things that will usurp incumbents. In banking, a morass of regulation tied to once-brick-and-mortar businesses faces...
Reuters
Mon, Jun 2
RPT-'Forest Blizzard' vs 'Fancy Bear' - cyber companies hope to untangle weird hacker nicknames
Microsoft, CrowdStrike, Palo Alto, Google create glossary for hacker nicknamesProliferation of whimsical monikers has sometimes created confusionSentinelOne executive skeptical about initiative's effectivenessBy Raphael Satter, AJ VicensWASHINGTON, June 2 (Reuters) - Microsoft, CrowdStrike, Palo...
Reuters
Mon, Jun 2
Colorado attack suspect charged with assault, use of explosives
Suspect charged with assault, explosives use, held on $10-million bailAttack linked to outrage over Israel's military actions in GazaSuspect entered US on now-expired tourist visa, filed for asylumBy Patrick Wingrove and Rich McKay June 2 (Reuters) - A suspect in an attack on a pro-Israeli ra...
Reuters
Mon, Jun 2
REFILE-Exclusive: Amwins hires 20-plus year CRC veteran and former NY president Field
By James ThalerJune 2 - (The Insurer) – Amwins has recruited CRC Group’s former president of its New York office Harold Field, whose background is in professional liability, wholesale sources told E&S Insurer.Field resigned from CRC Group last week, the sources said, after more than 20 years wit...
Reuters
Mon, Jun 2
Bookrunner Says Elis Secondary ABO's Price Guidance Is EUR 23.26 To Market
June 2 (Reuters) - Bookrunner:BLOCK TRADE: ELIS SECONDARY ABO TOTAL OFFERING SIZE: C. 6.9 MM SHARES / C. EUR 163 MM / C. USD 187 MM / C. 2.9% TSO - BOOKRUNNERBLOCK TRADE: ELIS SECONDARY ABO PRICE GUIDANCE: EUR 23.26 TO MARKET - BOOKRUNNER
Reuters
Mon, Jun 2
Algoma Steel CEO says 50% tariffs threaten viability in the U.S.- Globe and Mail
-- Source link: https://tinyurl.com/ut9xd84a-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Mon, Jun 2
Turnout in Mexico's first judicial election estimated at 13%
Close to 13 million Mexicans voted, government estimatesGov't says turnout met expectations, analysts say was lowPresident hails a 'complete success' on SundayUnprecedented judicial vote highly controversial in MexicoBy Diego Oré and Sarah Morland MEXICO CITY, June 2 (Reuters) - Aroun...
Reuters
Mon, Jun 2
'Forest Blizzard' vs 'Fancy Bear' - cyber companies hope to untangle weird hacker nicknames
Microsoft, CrowdStrike, Palo Alto, Google create glossary for hacker nicknamesProliferation of whimsical monikers has sometimes created confusionSentinelOne executive skeptical about initiative's effectivenessBy Raphael Satter and AJ VicensWASHINGTON, June 2 (Reuters) - Microsoft, CrowdStrike, P...
Reuters
Mon, Jun 2
Allen Media Group Retains Moelis & Company To Sell Television Stations
June 2 (Reuters) - Allen Media Group: ALLEN MEDIA GROUP RETAINS MOELIS & COMPANY TO SELL TELEVISION STATIONSALLEN MEDIA GROUP: MOELIS TO ADVISE AMG IN SALE OF ITS ABC-NBC-CBS-FOX AFFILIATED TV STATIONS IN 21 U.S. MARKETSALLEN MEDIA GROUP: SALE OF TELEVISION STATIONS TO "SIGNIFICANTLY" RE...
Reuters
Mon, Jun 2
Exclusive: Lockton US chief operating officer Taiym exiting to take up senior post outside industry
By Isha MaratheJune 2 - (The Insurer) - Lockton's U.S. chief operating officer Said Taiym is stepping down from his role after seven years with the firm to take on a senior job outside of the insurance industry.Lockton staff were notified of his departure last week. Lockton declined to comment....
Reuters
Mon, Jun 2
Air Liquide Signs Long-Term Gas Supply Agreement With VSMC In Singapore
June 2 (Reuters) - L'Air Liquide Societe Anonyme Pour l'etude Et l'exploitation Des Procedes George AIRP.PA:SIGNS A LONG-TERM GAS SUPPLY AGREEMENT WITH VSMC TO SUPPORT SINGAPORE'S SEMICONDUCTOR INDUSTRYWILL BUILD, OWN AND OPERATE, THROUGH A SIGNIFICANT INVESTMENT OF AROUND 70 MILLION...
Reuters
Mon, Jun 2
Vinci Acquires Peters Bros Construction In British Columbia, Canada
June 2 (Reuters) - Vinci SA SGEF.PA:ACQUIRES PETERS BROS CONSTRUCTION IN BRITISH COLUMBIA, CANADAPETERS BROS HAS 140 EMPLOYEES, CAD 90 MILLION REVENUE IN 2024
Reuters
Mon, Jun 2
US Supreme Court won't review assault weapon, high-capacity magazine bans
Challengers called the gun restrictions unconstitutional Supreme Court has repeatedly expanded gun rights By Andrew Chung June 2 (Reuters) - The U.S. Supreme Court declined on Monday to hear a challenge to the legality of state restrictions on assault-style rifles and large-capacity ammunition ma...
Reuters
Mon, Jun 2
Dye & Durham shakes up C-suite with new picks, ignores former CEO's demands
By Svea Herbst-Bayliss and Kritika Lamba June 2 (Reuters) - Dye & Durham DND.TO on Monday announced a dramatic shift in leadership when it named a new chief executive and a new chief financial officer, ignoring demands from a former chief who is also a large investor to pursue a different cou...
Reuters
Mon, Jun 2
Herbert Smith Freehills and Kramer Levin launch latest transatlantic merger
By Sara Merken June 2 (Reuters) - Herbert Smith Freehills and Kramer Levin have finalized the latest major legal industry merger of recent years, combining to form a 2,700-lawyer firm with over $2 billion in revenue. The merger took effect on Sunday following a partnership vote in April, creating...
Reuters
Mon, Jun 2
Poland's new president poses challenge for EU, Ukraine ties
Nawrocki opposes Ukraine's NATO accession, criticized by Kyiv ambassadorNawrocki's eurosceptic stance echoes central European conservativesNawrocki victory could weaken Prime Minister Tusk's position in Europe, diplomat saysBy Alan Charlish and Barbara Erling WARSAW, June 2 (Reuters) ...
Reuters
Mon, Jun 2
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