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Musk quietly puts brakes on plans for new political party, WSJ says
Aug 19 (Reuters) - Billionaire Elon Musk is quietly putting the brakes on plans to start his new political party, telling allies he wants to focus on his companies, the Wall Street Journal said on Tuesday, citing people with knowledge of the plans.Musk, without commenting further on the report, said...Reuters
Wed, Aug 20
Bankrupt jewelry retailer Claire's to sell its North America business
Aug 20 (Reuters) - Fashion jewelry retailer Claire's said on Wednesday it would sell its North America business to private equity firm Ames Watson for an undisclosed amount, as the company aims to cut losses while navigating ongoing U.S. bankruptcy proceedings.The retailer operating more than 2,...Reuters
Wed, Aug 20
Coverage disputes a sign AI risk could be a new class of business: Testudo's Lewin-Smith
By Henry GaleAug 20 - (The Insurer) - Proposed exclusions and coverage disputes related to companies' use of artificial intelligence are signals that the insurance market could start to view AI risk as a new class of business, the founder of a Lloyd's Lab startup focused on insuring AI told ...Reuters
Wed, Aug 20
Chrysler Is Recalling 78,989 U.S. Vehicles - NHTSA
Aug 20 (Reuters) - CHRYSLER (FCA US, LLC) IS RECALLING 78,989 U.S. VEHICLES - NHTSACHRYSLER (FCA US, LLC) IS RECALLING SOME U.S. VEHICLES AS A TPMS WARNING LIGHT THAT FAILS TO NOTIFY THE DRIVER OF A PROBLEM INCREASES THE RISK OF A CRASH.- NHTSASource text: https://tinyurl.com/5dt6u8byReuters
Wed, Aug 20
Former Nokia CEO joining Finnish quantum company's board
STOCKHOLM, Aug 20 (Reuters) - Former Nokia NOKIA.HE CEO Pekka Lundmark will join Finnish quantum computing company QMill as an investor and a board member, the company said on Wednesday.Lundmark stepped down from the top job at Nokia earlier this year after being appointed as CEO in 2020, and is cre...Reuters
Wed, Aug 20
ValueAct Capital Management Owns 9.84% Stake In Takara Holdings, Filing Shows
Aug 20 (Reuters) - Takara Holdings Inc 2531.T:VALUEACT CAPITAL MANAGEMENT OWNS 9.84% STAKE IN TAKARA HOLDINGS, FILING SHOWSSource text: https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100WK0L.pdfReuters
Wed, Aug 20
Rugby-Welsh winger Rees-Zammit felt he was wasting talent during NFL stint
Aug 20 (Reuters) - Louis Rees-Zammit said he felt he was wasting his talent during his NFL stint with the Kansas City Chiefs and Jacksonville Jaguars but has no regrets about pursuing the American football adventure.The Welsh winger signed for Bristol Bears for the 2025-26 Premiership Rugby season o...Reuters
Wed, Aug 20
Alcon cuts 2025 net sales outlook on tariff pressures
Aug 20 (Reuters) - Swiss-American eye-care group Alcon ALCC.S on Tuesday cut its 2025 net sales outlook, saying it expects the impact of U.S. tariffs to persist through the remainder of the year.Alcon, which makes nearly half of its revenue in the U.S., lowered its projected net sales range to $10.3...Reuters
Wed, Aug 20
CNA announces senior leadership appointments
By Navneeta NandanAug 20 - (The Insurer) - CNA Financial has announced a series of senior leadership appointments across key business segments.David Haas has been appointed president of global specialty, overseeing financial lines, healthcare, affinity and warranty.Haas has worked at CNA for more th...Reuters
Wed, Aug 20
Australia's Canva begins share sale at $42 billion valuation
Aug 20 (Reuters) - Australian graphic design platform Canva launched an employee stock sale that values the company at $42 billion, it said on Wednesday, ahead of a reported IPO this year.The stock sale comes at time when the company is investing heavily in AI tools for its more than 240 million mon...Reuters
Wed, Aug 20
Benchmark JGB yields hover near 17-year high on fiscal concerns
By Rocky Swift TOKYO, Aug 20 (Reuters) - Japanese government bonds plunged on Wednesday, sending benchmark yields to match a near 17-year high, after a lacklustre auction and fiscal concerns damped confidence in the market.Yields on Japan's super-long bonds have soared to historic levels in r...Reuters
Wed, Aug 20
Evicted Afghan refugees huddle in Islamabad park, dreading return home
Pakistan begins deporting documented Afghan refugeesPakistan pressures landlords to evict AfghansMore than a million documented Afghans risk expulsionPolice deny harassment of refugees in IslamabadUN refugee agency says Afghans face arrest, deportationBy Ariba Shahid ISLAMABAD, Aug 20 (Reuters) -...Reuters
Wed, Aug 20
Claire's To Sell IP & Significant Number Of Stores In North America To Ames Watson
Aug 20 (Reuters) - Claire's Holdings:CLAIRE'S HOLDINGS: ENTERS AGREEMENT WITH AMES WATSON TO SELL IP AND SIGNIFICANT NUMBER OF STORES IN NORTH AMERICACLAIRE'S HOLDINGS: AS PART OF AGREEMENT, CLAIRE'S HAS PAUSED LIQUIDATION PROCESS AT SIGNIFICANT NUMBER OF STORESReuters
Wed, Aug 20
