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Golf-PGA Tour eyes two-track model, promotion-relegation shake-up
March 11 (Reuters) - PGA Tour CEO Brian Rolapp outlined on Wednesday a potential shake-up of the circuit built around a two-track system, promotion and relegation, and a revamped postseason that could include match play.Under the concept, Rolapp said the PGA Tour would concentrate its top tier betwe...Reuters
5 minutes ago
EU to provide 100 mln euros in humanitarian aid to Lebanon, von der Leyen says
BRUSSELS, March 11 (Reuters) - European Commission President Ursula von der Leyen said on Wednesday the EU intends to provide 100 million euros ($115.85 million) in humanitarian aid to Lebanon after she had a call with Lebanese President Joseph Aoun.The EU has already provided 40 tons of supplies to...Reuters
8 minutes ago
Some Gulf states reviewing sovereign investments to offset economic shock of Iran war, official says
Iranian attacks disrupt Gulf oil, gas exports and infrastructureGulf economies face severe blow from halted exports and infrastructure damageSome are reviewing global investment pledges and sponsorship deals, official saysBy Andrew Mills, Rachna Uppal and Federico Maccioni DOHA/DUBAI, March 11 (R...Reuters
11 minutes ago
Oman's sultan expresses dissatisfaction to Iran's president
March 11 (Reuters) - Oman's Sultan Haitham bin Tariq al-Said conveyed to Iranian President Masoud Pezeshkian in a phone call the sultanate's dissatisfaction and condemnation of ongoing attacks targeting Omani territory, the Omani state news agency reported on Wednesday.Reuters
11 minutes ago
US Gulf of Mexico oil and gas auction ends with $46.98 mln in high bids
March 11 (Reuters) - A sale of drilling rights in the Gulf of Mexico ended with $46.98 million in high bids from oil and gas companies, officials with the U.S. Bureau of Ocean Energy Management said on Wednesday.Winning bidders included BP BP.L, Chevron CVX.N, Shell SHEL.L and Anadarko. The bids wer...Reuters
12 minutes ago
Ford loses again in lawsuit claiming plaintiffs’ lawyers ran overbilling scheme
By Mike Scarcella WASHINGTON, March 11 (Reuters) - A federal judge for the second time has dismissed a lawsuit by Ford Motor F.N that accused a group of plaintiffs’ lawyers of fraudulently extracting more than $100 million in unearned legal fees from the company and other automakers under a Calif...Reuters
26 minutes ago
WhatsApp launches parent-managed accounts for pre-teens amid safety concerns
By Foo Yun Chee BRUSSELS, March 11 (Reuters) - Meta Platforms-owned META.O WhatsApp said on Wednesday it would allow parents to create accounts for pre-teens, restricted to messaging and calling, amid rising global concerns about the impact of social media and chat apps on children.A number of co...Reuters
26 minutes ago
Iraqi PM tells Iranian president attacks targeting Iraq are unacceptable
CAIRO, March 11 (Reuters) - Iraq's Prime Minister Mohammed Shia al-Sudani told Iranian President Masoud Pezeshkian on Wednesday that attacks targeting Iraq were unacceptable.He told Pezeshkian that the attacks undermined efforts to end the war and return to dialogue, according to a statement by ...Reuters
27 minutes ago
Activist Starboard urges CarMax to overhaul digital sales, cut costs
March 11 (Reuters) - Activist investor Starboard Value on Wednesday urged CarMax KMX.N to revamp its digital car-buying and selling platform and tighten costs, arguing the used-car retailer has "fallen well short of its underlying potential".In a letter to incoming CEO Keith Barr, Starboard ...Reuters
27 minutes ago
WHO confirms 18 attacks on healthcare sites in Iran
March 11 (Reuters) - The World Health Organization said on Wednesday that it has verified 18 attacks on healthcare centers in Iran since the start of the U.S. and Israel war on Iran on February 28, which has resulted in 8 deaths among health workers."These attacks not only cost lives but deprive...Reuters
28 minutes ago
US safety board to hold hearing on two fatal Ford crashes
By David Shepardson WASHINGTON, March 11 (Reuters) - The National Transportation Safety Board will hold a March 31 hearing to determine the probable cause of two fatal crashes involving Ford Motor's hands-free advanced driver assistance system BlueCruise. Both crashes in 2024 involved 2022 mo...Reuters
28 minutes ago
Mexico's president will not pursue legal action over Musk cartel allegation
MEXICO CITY, March 11 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday that she will not be pursuing legal action against tech billionaire Elon Musk following his comment on X that alleged she was connected to drug cartels."We will see if he continues, then we'll reevaluate,...Reuters
36 minutes ago
Stryker Hit With Suspected Iran-Linked Cyberattack - WSJ
March 11 (Reuters) - STRYKER HIT WITH SUSPECTED IRAN-LINKED CYBERATTACK - WSJSTRYKER 'S STAFF FOUND THAT REMOTE DEVICES RUNNING MICROSOFT’S WINDOWS OPERATING SYSTEM HAD BEEN WIPED - WSJSource text: https://tinyurl.com/2fhcyadtReuters
39 minutes ago
Leon Black could be deposed in Epstein accusers' lawsuit against Bank of America, judge says
NEW YORK, March 11 (Reuters) - Billionaire Apollo Global Management co-founder Leon Black could be deposed as part of a civil lawsuit brought against Bank of America BAC.N by women who accuse the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Wednesday. In a cour...Reuters
43 minutes ago
Israeli settler violence rises in West Bank under Iran war curbs
Israel imposed new curbs on West Bank after Iran war began West Bank settler violence has risen since curbs imposedFive killed by settlers since then, health authorities sayRights group attributes sixth death to teargas inhalation By Pesha Magid and Ali Sawafta ABU FALAH, West Bank, March 11 (Reu...Reuters
45 minutes ago
Rheinmetall CEO in talks with Lockheed about air defence capacity
BERLIN, March 11 (Reuters) - Germany's Rheinmetall RHMG.DE is in talks with U.S.-based Lockheed Martin LMT.N as well as other European companies about air defence capacities, said CEO Armin Papperger."There is a huge need from Lockheed, and there is a huge need from us," he told analysts...Reuters
45 minutes ago
