Author Archives: Syndicated Content
Kenyan judge temporarily blocks mass layoff of Facebook moderators
NAIROBI (Reuters) - A Kenyan judge on Tuesday temporarily blocked the mass redundancy of some 260 Facebook content moderators working for an outsourcing company contracted by the social media site's p...
Mar 21, 2023
US drops appeal of UnitedHealth acquisition of Change Healthcare
WASHINGTON (Reuters) - The U.S. Justice Department has dismissed its own appeal challenging UnitedHealth Group's nearly $8 billion acquisition last year of Change Healthcare, a court filing showed. Th...
Mar 21, 2023
Hedge funds eye opportunities in cut-price Credit Suisse AT1s
By Nell Mackenzie LONDON (Reuters) - Distressed debt investors and large hedge funds are buying up Credit Suisse additional tier-1 bonds at rock-bottom prices after they were written down to zero in t...
Mar 21, 2023
SVB Financial Group accuses FDIC of cutting it off from cash
By Dietrich Knauth (Reuters) - SVB Financial Group said on Tuesday the U.S. Federal Deposit Insurance Corporation had taken "improper actions" to cut it off from cash held at its former subsidiary Sil...
Mar 21, 2023
Second lab-grown chicken product cleared for human consumption by U.S. regulator
By Leah Douglas WASHINGTON (Reuters) - California-based cultivated meat company GOOD Meat has received clearance from the U.S. Food and Drug Administration to bring its lab-grown chicken to market, ac...
Mar 21, 2023
Delta to launch flight academy to train more pilots
(Reuters) - Delta Air Lines Inc said on Tuesday it would launch a flight academy to train pilots for the airline as the industry struggles with a shortage of aviators. The carrier said the academy, op...
Mar 21, 2023
Exclusive-First Republic considers downsizing if capital raise fails -sources
By David French NEW YORK (Reuters) - First Republic Bank, the U.S. regional bank struggling to remain viable following a flight of deposits, is looking at ways it can downsize if its attempts to raise...
Mar 21, 2023
Investors question Teck on climate even after Canadian miner’s coal spin-out
By Divya Rajagopal and Simon Jessop TORONTO (Reuters) - Investors have yet to embrace Canadian miner Teck Resources Ltd's proposal to spin off its highly polluting coal business and focus on productio...
Mar 21, 2023
Air India expansion stirs tension over airline flying rights
By Tim Hepher, Aditi Shah and Tanvi Mehta NEW DELHI (Reuters) -Tensions over plans to transform Air India into a global airline with hundreds of new jets rippled across the aviation sector on Tuesday ...
Mar 21, 2023
Exclusive-India resists calls for more air access in drive to be global aviation force
By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hopes for more access to its airports on Tuesday, with its aviation minister urging domestic carriers to fly long-haul ...
Mar 21, 2023
