News
Important Only
ReutersThu, Jul 10
Justice Department to allow T-Mobile's $4.4 billion acquisition of UScellular
ReutersThu, Jul 10
US State Department tells staff planned layoffs to begin soon
CryptopolitanThu, Jul 10
Experienced software developers using AI tools saw a 19% increase in task completion time
ReutersThu, Jul 10
US court pauses block on Trump eliminating union bargaining for federal workers
ReutersThu, Jul 10
Law firm Dechert says lawsuits accusing it of using hired hackers have been resolved
ReutersThu, Jul 10
Delaware Supreme Court sides with Zantac drugmakers over cancer evidence
Other
Justice Department to allow T-Mobile's $4.4 billion acquisition of UScellular
Clearance comes day after T-Mobile ended diversity programs Justice Department said UScellular unable to compete with "Big 3"Justice official warns of consolidation while declining to block dealBy Jody Godoy WASHINGTON, July 10 (Reuters) - U.S. antitrust enforcers greenlit T-Mobile's ...Reuters
Thu, Jul 10
Other
US State Department tells staff planned layoffs to begin soon
Job cuts widely expected at State DepartmentTrump seeks to restructure US diplomacy to ensure 'America First' agendaIn May, the State Department proposed laying off nearly 1,900 employees By Humeyra Pamuk WASHINGTON, July 10 (Reuters) - The State Department will start sending notices to m...Reuters
Thu, Jul 10
Cryptocurrencies
Experienced software developers using AI tools saw a 19% increase in task completion time
A recent study carried out by AI research nonprofit METR has started a lot of conversation after it revealed a counterintuitive detail — when experienced software developers had to work with AI tools while working in familiar codebases, they completed their tasks 19% slower. The study was carried out earlier this year on a group […]Cryptopolitan
Thu, Jul 10
Other
US court pauses block on Trump eliminating union bargaining for federal workers
By Daniel Wiessner July 10 (Reuters) - A U.S. appeals court on Thursday placed a brief pause on a judge's ruling that had blocked President Donald Trump's administration from stripping hundreds of thousands of federal workers of the ability to engage in union bargaining with U.S. agencies...Reuters
Thu, Jul 10
Other
Law firm Dechert says lawsuits accusing it of using hired hackers have been resolved
By Raphael Satter WASHINGTON, July 10 (Reuters) - Philadelphia-based law firm Dechert said on Thursday that a pair of U.S. lawsuits accusing it of using hired hackers to win in court have been resolved without any admission of liability. Dechert and others, including U.S. public relations operati...Reuters
Thu, Jul 10
Other
Delaware Supreme Court sides with Zantac drugmakers over cancer evidence
Patients allege that heartburn drug caused their cancerCourt says expert opinions not backed by reliable scienceFDA asked in 2020 that Zantac be pulled from marketPatients' lawyer says scientific record is 'robust'By Jonathan Stempel July 10 (Reuters) - Delaware's highest court ru...Reuters
Thu, Jul 10
Other
Euro Sun Mining Says Co Enters Into Facility And Offtake Agreements and Changes Address
July 10 (Reuters) - Euro Sun Mining Inc ESM.TO:EURO SUN MINING ENTERS INTO FACILITY AND OFFTAKE AGREEMENTS; CHANGES ADDRESSEURO SUN MINING INC - ENTERS FACILITY AGREEMENT WITH TRAFIGURAEURO SUN MINING INC - SECURES US$2.5M FACILITY, NEGOTIATING US$200M DEALReuters
Thu, Jul 10
Economic Indicator
Brazil's monthly inflation slows, annual rate remains above target
SAO PAULO, July 10 (Reuters) - Brazil's monthly inflation slowed for the fourth time in a row in June, but the annual rate ticked up and remained well above the official goal, data showed on Thursday, prompting the central bank to release a letter to justify missing the target.Consumer prices as...Reuters
Thu, Jul 10
Cryptocurrencies
Trump’s copper tariff plan may disrupt U.S. supply chains
US copper purchasers are preparing for significantly higher expenses if a 50% duty on processed copper is imposed from August 1, industry producers and analysts say. With Washington on the verge of applying these duties, firms across the international copper network are uncertain about how extensive it will be. Chile, the source of approximately 70% […]Cryptopolitan
Thu, Jul 10
Cryptocurrencies
Texture Finance hacker refunds 90% of loot after $2.2M exploit
In a rare win for diplomacy in the world of decentralized finance (DeFi), Texture Finance has recovered the majority of funds lost in a recent exploit after reaching an agreement with the hacker. The attacker returned 90% of the $2.2 million in stolen USDC following a public bounty offer from the Solana-based protocol, averting further […]Cryptopolitan
Thu, Jul 10
Commodities
US probes Minnesota, George Mason University over DEI, hiring practises
US Education Dept probing GMU, DOJ probing MinnesotaTrump has attempted to crackdown on DEIHis government has made funding threats over several issuesBy Kanishka Singh WASHINGTON, July 10 (Reuters) - The U.S. government on Thursday announced probes into hiring practices and diversity, equity and ...Reuters
Thu, Jul 10
Other
Flutter to buy Boyd Gaming's 5% FanDuel stake in $1.76 billion deal
July 10 (Reuters) - Flutter Entertainment FLTRF.L will buy Boyd Gaming's BYD.N 5% stake in FanDuel in a deal worth about $1.76 billion, giving it complete ownership of the online betting operator, the companies said on Thursday.The deal gives FanDuel an implied valuation of about $31 billion, Fl...Reuters
Thu, Jul 10
Cryptocurrencies
Trump is close to his first major crypto policy win
Next week, President Donald Trump could achieve his first landmark legislative win in crypto policy as House Republicans advance a Senate-passed bill to set formal guidelines for stablecoins. Lawmakers in the House will cast their votes at the beginning of next week on the Senate’s “GENIUS Act,” according to Politico. This move will introduce the […]Cryptopolitan
Thu, Jul 10
Commodities
Canadian industry likely harmed by dumped steel strapping from China, three others, tribunal finds
OTTAWA, July 10 (Reuters) - The Canadian International Trade Tribunal has determined there is reasonable indications China, South Korea, Turkey and Vietnam have dumped steel strapping, harming Canada's domestic industry, the tribunal said on Thursday.The tribunal, an independent quasi-judicial b...Reuters
Thu, Jul 10
Other
Mahmoud Khalil seeks $20 million from Trump administration over immigration arrest
By Jack Queen and Jonathan Allen July 10 (Reuters) - Mahmoud Khalil, the Columbia University student and pro-Palestinian activist who was detained by U.S. immigration authorities for more than 100 days, is seeking $20 million from the Trump administration over what he says was his false impri...Reuters
Thu, Jul 10
Cryptocurrencies
Florida AG probes Robinhood Crypto over claims of low-cost trading
July 10 (Reuters) - Florida Attorney General James Uthmeier on Thursday launched an investigation into Robinhood Crypto, alleging that the platform may have misled customers by promoting itself as the least expensive way to buy cryptocurrencies.The AG's office said in a statement that it issued ...Reuters
Thu, Jul 10
Commodities
Trump's Brazil tariff rattles coffee market, could raise prices in US
US raises Brazil's tariffs to 50% from 10% on August 150% tariff would halt Brazil's coffee flow to US - trade sourcesBrazil is world's largest coffee grower, US the top consumerA third of the coffee used in the US comes from BrazilBy Marcelo Teixeira and May Angel NEW YORK, July 10 (...Reuters
Thu, Jul 10
Forex
EUR/USD drops on strong US jobs data; Fed’s Daly leans dovish
EUR/USD slides during the North American session, down over 0.23%, as market participants digest a jobs report in the United States that reinforces the Federal Reserve's case for holding rates unchanged at the upcoming July meeting.
Fxstreet
Thu, Jul 10
Commodities
US Cash Grains-Corn and soybean bids mostly steady
CHICAGO, July 10 (Reuters) - Spot basis bids for corn and soybeans were mostly flat in the U.S. Midwest on Thursday as futures bounced back from earlier lows. The corn basis fell at a river terminal in Morris, Illinois. The wheat basis fell at a processor in the Chicago area. The basis was unchanged...Reuters
Thu, Jul 10
Other
Bilt valued at $10.8 billion in latest funding round
By Prakhar SrivastavaJuly 10 (Reuters) - Bilt Rewards was valued at $10.75 billion in its latest funding round led by General Catalyst and GID, the loyalty program-focused fintech firm said on Thursday, signaling renewed investor interest in financial platforms.Bilt, which allows renters and homeown...Reuters
Thu, Jul 10
Other
Nike names insider new Converse CEO after Jared Carver steps down
July 10 (Reuters) - Nike NKE.N said in an internal memo seen by Reuters on Thursday that Jared Carver, president and CEO of Converse, would step down and be succeeded by longtime company executive Aaron Cain.Nike is in the midst of realigning its business by sport across its Nike, Jordan and Convers...Reuters
Thu, Jul 10
