By Daniel Wiessner (Reuters) -Uber Technologies Inc, DoorDash Inc and other app-based food delivery companies filed lawsuits on Thursday seeking to strike down New York City’s novel law setting a minimum wage for delivery workers. The companies filed separate complaints in New York state court claiming the law, which takes effect July 12, is based […]
Meta’s Oversight Board asks Facebook owner to evaluate election integrity efforts
Reuters | June 22, 2023
(Reuters) – Meta Platforms’ Oversight Board has asked the social media firm to evaluate efforts to prevent promotion of political violence on its platforms, after it allowed a video calling for violence post the 2022 Brazilian election to stay online. The board said on Thursday that Meta’s original decision to leave up the Facebook video, […]
Ford chairman says US can’t yet compete with China on EVs – CNN interview
Reuters | June 18, 2023
(Reuters) – Ford Motor Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles. “They developed very quickly, and they developed them in large scale. And now they’re exporting them,” Ford told CNN’s ‘Fareed Zakaria GPS’ Sunday program. “They’re not here but they’ll […]
Chinese President Xi meets Bill Gates, calls him ‘an old friend’
Reuters | June 16, 2023
BEIJING (Reuters) -Chinese President Xi Jinping called Bill Gates “an old friend” and said he hoped they could cooperate in a way that would benefit both China and the United States, in Xi’s first meeting with a foreign entrepreneur in years. In a meeting at Beijing’s Diaoyutai state guest house, where China’s leaders have traditionally […]
U.S. Democrats warn Biden against toughening aid for the poor
Reuters | May 19, 2023
By Richard Cowan, Leah Douglas WASHINGTON (Reuters) -Democrats in the U.S. Congress expressed frustration with President Joe Biden’s willingness to engage with Republicans demanding tougher work requirements for food aid recipients as part of any deal to raise the nation’s debt ceiling. They have stopped short of threatening to block such moves, as talks on […]
G7 finance chiefs debate reducing supply chain reliance on China
Reuters | May 12, 2023
By Christian Kraemer and Tetsushi Kajimoto NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) advanced economies discussed the need to make global supply chains more resilient by reducing over-reliance on China, German Finance Minister Christian Lindner said on Friday. Japan, which is hosting a three-day G7 meeting to debate key global themes […]
Microsoft hits back at UK after Activision acquisition blocked
Reuters | April 27, 2023
By Paul Sandle LONDON (Reuters) – Microsoft’s president Brad Smith said the UK regulator’s decision to prevent its acquisition of ‘Call of Duty’ maker Activision Blizzard “had shaken confidence” in Britain as a destination for tech businesses. The Competition and Markets Authority (CMA), which operates independently from government, blocked the deal on Wednesday, saying it […]
Fox News says Carlson, Hannity, Bartiromo set to testify at defamation trial
Reuters | April 5, 2023
By Jonathan Stempel (Reuters) – Fox News said Tucker Carlson, Sean Hannity and Maria Bartiromo and other top on-air personalities will be available to testify as it defends itself against a $1.6 billion defamation lawsuit claiming it lied about voter fraud in the 2020 U.S. presidential election. In a letter filed on Tuesday in Delaware […]
Huge Phillips 66 biofuels project will test the industry’s green promises
Reuters | March 21, 2023
By Laila Kearney RODEO, California (Reuters) – In the oldest refining town in the American West, Phillips 66 is promising a greener future as it moves to halt crude-oil processing and build a massive renewable diesel plant, leading a global trend. That plan, announced in 2020, was initially welcomed by residents weary from a history […]
Exclusive-Russians flood Kazakhstan with sanction-busting requests – sources
Reuters | March 17, 2023
By Olzhas Auyezov and Mariya Gordeyeva ALMATY (Reuters) – Russian companies have flooded their Kazakh partners in recent weeks with new requests to help them circumvent Western sanctions and import badly needed goods, seven sources with direct knowledge of the matter told Reuters. After Russian forces invaded Ukraine on Feb. 24 last year, the West […]