News
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Mullen Reaches Definitive Agreement To Acquire Additional 21% Of Bollinger Motors
June 2 (Reuters) - Mullen Automotive Inc MULN.O:MULLEN REACHES DEFINITIVE AGREEMENT TO ACQUIRE ADDITIONAL 21% OF BOLLINGER MOTORS, BRINGING ITS TOTAL OWNERSHIP TO 95% AND ELIMINATES SIGNIFICANT DEBTMULLEN AUTOMOTIVE INC - BOLLINGER TO OPERATE AS INDEPENDENT MAJORITY SUBSIDIARYReuters
Mon, Jun 2
Google to spend $500 million revamping compliance in shareholder settlement
Shareholders say accord to instill Google 'culture change'Judge considering how to address Google search monopolyGoogle says it is committed to robust complianceBy Jonathan Stempel June 2 (Reuters) - Google agreed to spend $500 million over 10 years to overhaul its compliance structure, t...Reuters
Mon, Jun 2
EXCLUSIVE-Iran poised to dismiss US nuclear proposal, Iranian diplomat says
Iran set to reject US proposal as failing to address its interestsUS demands Iran scrap uranium enrichment and ship stockpile abroadIran seeks right to enrichment and guarantee US will not tear up future accordBy Parisa Hafezi DUBAI, June 2 (Reuters) - Iran is poised to reject a U.S. proposal to ...Reuters
Mon, Jun 2
UnitedHealth plans to earn back shareholder trust, CEO says
NEW YORK, June 2 (Reuters) - UnitedHealth Group's UNH.N new CEO Steve Hemsley on Monday apologized for the company's recent earnings underperformance, and vowed it will curb rising costs in its insurance business and optimize quality in its health services moving forward. "We are well...Reuters
Mon, Jun 2
DC attorney general inks first settlement in RealPage price-fixing lawsuit
By Mike Scarcella June 2 (Reuters) - The District of Columbia attorney general's office has secured its first settlement in a lawsuit accusing landlords and technology company RealPage of conspiring to inflate rental prices.The preliminary settlement with Washington apartment property manager...Reuters
Mon, Jun 2
U.S. RESEARCH ROUNDUP- Charter Communications, Ford, General Motors
June 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Charter Communications, Ford and General Motors, on Monday. HIGHLIGHTS* Charter Communications Inc CHTR.O: Bernstein cuts to market perform from outperform* Church &...Reuters
Mon, Jun 2
CANADA RESEARCH ROUNDUP-Algoma Steel Group, BRP, Osisko Development
June 2 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Algoma Steel Group, BRP and Osisko Development on Monday.HIGHLIGHTS * Algoma Steel Group Inc ASTL.TO: BMO cuts to market perform from outperform* BRP Inc DOO.TO: Citigroup raises t...Reuters
Mon, Jun 2
Manhattan US Attorney picks former terrorism prosecutor as deputy
By Luc Cohen NEW YORK, June 2 (Reuters) - Jay Clayton, the U.S. Attorney in Manhattan, said on Monday he had chosen former terrorism prosecutor Sean Buckley to serve as his deputy. Clayton, a former chairman of the Securities and Exchange Commission, is Republican President Donald Trump's...Reuters
Mon, Jun 2
Apple challenges 'unreasonable' EU order to open up to rivals
By Foo Yun Chee June 2 (Reuters) - Apple AAPL.O has submitted a legal challenge to an EU order to open up its closed ecosystem to rivals such as Meta META.O and Alphabet's GOOGL.O Google, saying the demands are unreasonable and hamper innovation. The European Commission had in March detail...Reuters
Mon, Jun 2
California high school athletes seek right to player profits in new lawsuit
By Mike Scarcella June 2 (Reuters) - California’s governing body for high school sports, along with several media companies are facing a new lawsuit for allegedly depriving student athletes of their rightful pay from broadcasts, ticketing and other revenue.The lawsuit, filed on Friday in the San ...Reuters
Mon, Jun 2
ADVISORY-Alert referring to claims against Capri Holdings Ltd withdrawn
An alert referring to claims against Capri Holdings Ltd CPRI.N was inadvertently issued off a press release from a law firm and has been withdrawn. There will be no substitute. STORY_NUMBER: nTUA9ZCJMLSTORY_DATE: 02/06/2025STORY_TIME: 03:00:04 PM GMTReuters
Mon, Jun 2
Retailer Bass Pro, Cabela's hit with price-fixing class action
By Mike ScarcellaJune 2 (Reuters) - Retailer Bass Pro Shops and its affiliate Cabela’s have been accused in new lawsuit of scheming with manufacturers, distributors and a trade group to charge consumers artificially higher prices in the billion-dollar archery and bowhunting industry. The proposed cl...Reuters
Mon, Jun 2
Tennis-Keys downs Baptiste to set up another all-American clash with Gauff
By Julien PretotPARIS, June 2 (Reuters) - Madison Keys fought off a late challenge from fellow American Hailey Baptiste to book her spot in the French Open quarter-finals with a 6-3 7-5 victory at Roland Garros on Monday.The seventh-seeded Keys cantered through the opening set before Baptiste broke ...Reuters
Mon, Jun 2
Turkey to take steps to arrange Putin-Zelenskiy meeting, Erdogan says
ISTANBUL, June 2 (Reuters) - Turkey will take steps to bring together the leaders of Russia and Ukraine for talks in either the capital Ankara or in Istanbul, Turkish President Tayyip Erdogan said on Monday."My desire is to bring (Vladimir) Putin and (Volodymyr) Zelenskiy together in Istanbul or...Reuters
Mon, Jun 2
Philippines' DoubleDragon subsidiary Hotel101 progresses towards Nasdaq listing
SINGAPORE, June 2 (Reuters) - Hotel101 Global Holdings Corp and Nasdaq-listed special purpose acquisition company JVSPAC Acquisition Corp JVSA.O said on Monday they had obtained a regulatory nod to proceed with a business combination agreement.They said in a statement that the U.S. Securities and Ex...Reuters
Mon, Jun 2
Augment Risk adds Raincoat's Mathieu to parametric practice
By Henry GaleJune 2 - (The Insurer) - Augment Risk has hired Miami-based senior executive and parametric specialist Luis Mathieu as it looks to expand its footprint across Latin America, the broker said.Mathieu was chief insurance officer for parametric startup Raincoat between 2021 and 2025 and has...Reuters
Mon, Jun 2
Google to spend $500 million revamping compliance in shareholder settlement
Shareholders say accord to instill Google 'culture change'Judge considering how to address Google search monopolyGoogle not immediately available for commentBy Jonathan Stempel June 2 (Reuters) - Google agreed to spend $500 million over 10 years to overhaul its compliance structure, to se...Reuters
Mon, Jun 2
Meta aims to fully automate advertising with AI by 2026, WSJ reports
June 2 (Reuters) - Meta Platforms META.O aims to allow brands to fully create and target advertisements with its artificial intelligence tools by the end of next year, the Wall Street Journal reported on Monday, citing people familiar with the matter.The social media company's apps have 3.43 bil...Reuters
Mon, Jun 2
