By Jack Queen and Jonathan Stempel NEW YORK (Reuters) -E. Jean Carroll, a writer accusing Donald Trump of raping her in the mid-1990s, pushed back during a cross-examination on Thursday, exclaiming: “He raped me whether I screamed or not.” Asked by Trump’s lawyer why she did not scream during the alleged attack, Carroll said she …
Trump accuser tells jury: ‘He raped me whether I screamed or not’ Read More »
WASHINGTON (Reuters) -A U.S. appeals court on Thursday refused to revive a lawsuit filed by states against Meta’s Facebook that alleged the company had broken antitrust law. Dozens of states led by New York asked the U.S. Court of Appeals for the District of Columbia last year to reinstate the lawsuit, which U.S. District Judge …
US appeals court rejects bid by states to revive antitrust lawsuit against Facebook Read More »
By Ismail Shakil OTTAWA (Reuters) – Canada’s Senate on Thursday passed the government’s online streaming legislation after a 10-month debate over a law that will force firms like Netflix and Alphabet Inc-owned YouTube to offer more Canadian content. Bill C-11, or the Online Streaming Act, cleared the unelected upper chamber of the Canadian parliament with …
Canadian Senate passes bill to compel local content on streaming giants Read More »
By Dietrich Knauth (Reuters) – Defunct talc supplier Whittaker, Clark & Daniels has filed for Chapter 11 bankruptcy, citing on Thursday a “deluge” of lawsuits alleging that its talc products caused asbestos exposure and cancer. Whittaker operated one of the largest talc and industrial compound supply and distribution businesses in the U.S. in the 1970s …
Talc supplier Whittaker Clark & Daniels files for bankruptcy Read More »
By Brad Brooks (Reuters) -A white woman whose discredited accusations against Black teenager Emmett Till led to his lynching in 1955 has died in Louisiana, according to a coroner’s report. Till’s murder in Mississippi helped ignite the Civil Rights movement, in part because his mother held an open-casket funeral, with a photo of her son’s …
White woman who accused lynched teen Emmett Till dies Read More »
By Granth Vanaik (Reuters) -Mondelez International Inc on Thursday raised its annual forecasts on steady demand for its chocolates and biscuits despite price hikes. Packaged food makers have been raising prices to protect profit margins from higher costs, but have seen little opposition from inflation-hit consumers who continue to prefer chocolates and snacks over private-label …
Toblerone maker Mondelez lifts forecasts on price hikes, firm demand Read More »
By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – The tech-heavy Nasdaq led a Wall Street rally on Thursday as a strong quarterly report from Facebook parent Meta Platforms Inc overshadowed concerns over slowing U.S. economic growth. Shares in Meta closed up 13.9% after touching their highest level in more than a year after …
Wall St rallies as earnings season boost offsets economy worries Read More »
By Sheila Dang (Reuters) -Snap Inc on Thursday missed analyst expectations for quarterly revenue as changes to its advertising platform hurt demand for ads, and warned results in the next quarter could fall below Wall Street’s targets. Shares of Snap tumbled 19% in after-market trading. The Santa Monica, California-based company, which owns photo messaging app …
Snap misses revenue expectations, warns on second quarter outlook Read More »
(Reuters) -The Russian drone industry could soon be worth 1 trillion roubles ($12.25 billion) once a plan to boost production is put into place, given the vehicles’ versatility, President Vladimir Putin said on Thursday. Late last year Putin said Russia must increase its output of unmanned aerial vehicles (UAVs) and create infrastructure for their widespread …
Russian drone industry could soon be worth $12 billion, says Putin Read More »
By Vansh Agarwal (Reuters) -Pinterest Inc forecast second-quarter revenue growth below Wall Street estimates on Thursday, as the image-sharing platform grapples with a pullback in advertising spending, sending its shares down 13% in trading after the bell. While Pinterest said that the ad market was stabilizing, it warned the market was still uncertain. Shares of …
Pinterest’s ad woes hurt revenue growth, shares slump Read More »
