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US Supreme Court backs Cox in fight over pirated music
By Blake Brittain WASHINGTON, March 25 (Reuters) - The U.S. Supreme Court ruled on Wednesday Cox Communications cannot be held liable for piracy by its internet service subscribers of songs owned by Sony Music 6758.T, Warner Music Group WMG.O, Universal Music Group UMG.AS and other labels, ending...Reuters
Wed, Mar 25
Meta to lay off hundreds of employees, The Information reports
March 25 (Reuters) - Meta Platforms META.O will lay off a few hundred people across its Reality Labs division, social media teams and recruiting operations on Wednesday, The Information reported, citing two people familiar with the matter. Reuters reported earlier this month that Meta was planning s...Reuters
Wed, Mar 25
China's Noah Holdings Q4 income from operations jumps 87%, helped by global asset allocation
OverviewChina wealth management provider's Q4 net revenues rose 12.5% yr/yr, driven by global asset allocationIncome from operations surged 87.3% yr/yr, reflecting structural profitability improvementsCompany approved annual and special dividends totaling 100% of full-year non-GAAP net incomeOut...Reuters
Wed, Mar 25
Caterpillar countersues Bobcat for infringing machinery patents
By Blake Brittain March 24 (Reuters) - Construction equipment company Caterpillar CAT.N escalated its legal battle with rival Doosan Bobcat 000150.KS in Texas federal court on Tuesday, accusing Bobcat of infringing several patents related to improving earthmoving machinery.Caterpillar brought the...Reuters
Wed, Mar 25
NAACP hires DOJ civil rights chief in Biden administration
By David Thomas March 25 (Reuters) - Kristen Clarke, who led the U.S. Justice Department's Civil Rights Division under Democratic President Joe Biden, will serve as the NAACP's general counsel as the largest U.S. civil rights group looks to counter what it describes as escalating attacks ...Reuters
Wed, Mar 25
Italy's ITA Airways posts its first annual profit
March 25 (Reuters) - ITA Airways reported its first annual net profit at 209 million euros ($242 million) on Wednesday, even as it warned high fleet leasing costs would continue to weigh on profitability.The Italian carrier, part of Lufthansa group LHAG.DE, said the results were aided by early cost ...Reuters
Wed, Mar 25
Lille to host EU customs authority charged with fixing e-commerce parcel problems
By Philip Blenkinsop BRUSSELS, March 25 (Reuters) - The European Union selected French city Lille on Wednesday as the location of the new EU Customs Authority (EUCA), which will coordinate duty collection and safety checks on goods coming into the 27-nation bloc.The authority is part of an overha...Reuters
Wed, Mar 25
Cyprus has opened discussion with UK over its bases, president says
NICOSIA, March 25 (Reuters) - Cyprus has initiated a discussion with London on the future of British bases on the island, its president said on Wednesday, after a drone strike on a military facility this month triggered fears their presence could expose it to the wider Iran conflict.Cypriot politici...Reuters
Wed, Mar 25
German foreign minister hopes Iran peace talks given chance to work
March 25 (Reuters) - German Foreign Minister Johann Wadephul on Wednesday welcomed U.S. President Donald Trump's pursuit of negotiations to end the war with Iran and said he hoped the talks would be given a chance to succeed."It is commendable that the U.S. President has postponed his ultima...Reuters
Wed, Mar 25
Turkish, Chinese foreign ministers discuss efforts to end Iran war
ANKARA, March 25 (Reuters) - Turkish Foreign Minister Hakan Fidan discussed the war in Iran and efforts to end the conflict in a phone call with his Chinese counterpart Wang Yi, a Turkish diplomatic source said on Wednesday.The ministers "emphasised the need for an immediate end to the war",...Reuters
Wed, Mar 25
Google to label verified investment apps in India amid regulatory crackdown on fraud
By Jayshree P Upadhyay and Nishit NavinMarch 25 (Reuters) - Alphabet's Google GOOGL.O will label verified investment apps on its app store in India, a move aimed at helping users spot legitimate trading platforms and avoid scams, a senior official at the Securities and Exchange Board of India sa...Reuters
Wed, Mar 25
Kremlin says US briefed Russia on its latest talks with Ukraine, Interfax reports
MOSCOW, March 25 (Reuters) - The United States has briefed Russia about its latest talks with Ukraine, Interfax news agency quoted Kremlin aide Yuri Ushakov as saying on Wednesday."Talks took place in Florida last Saturday with the Ukrainian delegation. They held negotiations, they (the U.S.) pr...Reuters
Wed, Mar 25
EXPLAINER-Can the US government be held liable for the LaGuardia Airport collision?
FAA may face liability under Federal Tort Claims ActClaimants have deadlines to file claims before suingNegligence could override sovereign immunity claimsBy Jonathan Stempel NEW YORK, March 25 (Reuters) - Investigators are probing the potential causes of Sunday's collision between an Air Can...Reuters
Wed, Mar 25
Meta Platforms To Lay Off Hundreds - The Information
March 25 (Reuters) - META PLATFORMS TO LAY OFF HUNDREDS - THE INFORMATIONMETA JOB CUTS WILL AFFECT STAFFERS IN REALITY LABS - THE INFORMATIONMETA JOB CUTS WILL ALSO AFFECT STAFFERS ACROSS ITS SOCIAL MEDIA TEAMS, RECRUITING OPERATIONS, AND A SMALLER NUMBER IN SALES- THE INFORMATIONSource text: https:...Reuters
Wed, Mar 25
Deals of the day-Mergers and acquisitions
March 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: NatWest is selling its human resources advisory business Mentor to private equity-backed Empowering People Group, the British lender said, as it streamlines operatio...Reuters
Wed, Mar 25
Beyond Meat delays fourth-quarter results
March 25 (Reuters) - Beyond Meat BYND.O said on Wednesday it was delaying the reporting of its fourth-quarter results by about a week as it needs additional time to complete some internal processes.The plant-based meat maker, whose shares had last year seen a meme-stock frenzy, will now report its q...Reuters
Wed, Mar 25
German Chancellor Merz says cannot make up for all price rises from Iran war
BERLIN, March 25 (Reuters) - German Chancellor Friedrich Merz said on Wednesday the government may be able to do some things to balance the energy shock from the Iran war but he said public finances could not make up for price rises in every area.Answering questions in parliament, he said there were...Reuters
Wed, Mar 25
