A U.S. FCC commissioner urges Apple, Google to boot TikTok from app stores

WASHINGTON/NEW YORK, June 29 (Reuters) – A Republican member of the Federal Communications Commission has urged the chief executives of Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google to kick Chinese-owned TikTok out of its app stores. Brendan Carr, the FCC commissioner, said in a letter to the CEOs, dated June 24 and sent on … Read more

Disney, other U.S. companies offer abortion travel benefit after Roe decision

NEW YORK, June 24 (Reuters) – US companies including Walt Disney Co (DIS.N) and Facebook parent Meta Platforms Inc (META.O) said on Friday they will cover employees’ expenses if they have to travel for abortion services after the US Supreme Court overturned Roe v Wade. The US Supreme Court on Friday overturned the landmark 1973 … Read more

U.S. bans sales of Juul e-cigarettes, company to seek stay on enforcement

June 23 (Reuters) – Sales of Juul e-cigarettes were blocked by the US Food and Drug Administration on Thursday, in a major blow to the eleven high-flying firm whose products have been tied to a surge in teenage vaping. The agency said the applications “lacked sufficient evidence” to show that sale of the products would … Read more

Elon Musk’s SpaceX fires at least five over critical letter

SpaceX founder and CEO Elon Musk arrives to see off the Inspiration 4 crew, the first all-civilian crew to be sent into orbit, before they head to the SpaceX Falcon 9 rocket on Pad 39A at the Kennedy Space Center in Cape Canaveral, US, September 15, 2021. REUTERS/Joe Skipper/File Photo Register now for FREE unlimited … Read more

Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme

NEW YORK, June 16 (Reuters) – Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency. In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric car company Tesla Inc (TSLA.O) and space tourism company … Read more

Texas power use to hit record as temperatures soar

Overhead power lines are seen during record-breaking temperatures in Houston, Texas, US, February 17, 2021. REUTERS/Adrees Latif Register now for FREE unlimited access to Reuters.com Register June 6 (Reuters) – Power demand in Texas is set to break its all-time record this week, testing the resilience of the grid after generation issues this year and … Read more

How a cheap component could help kill off combustion cars

LONDON/BERLIN, May 30 (Reuters) – The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars. Supplies of the auto part were choked by the war in Ukraine, which is home to a significant chunk of … Read more

Exclusive: General Atlantic plans $2 billion investment in India, Southeast Asia

The logo of the upcoming World Economic Forum 2022 (WEF) is pictured on a window at the congress center, in the Alpine resort of Davos, Switzerland May 21, 2022. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register DAVOS, Switzerland, May 22 (Reuters) – Global private equity firm General Atlantic plans to … Read more

Hong Kong to allow international travellers for first time since 2020

A student has her information checked before taking the Hong Kong Diploma of Secondary Education exams (HKDSE) as secondary schools will resume face-to-face classes on May 3, in Hong Kong, China April 22, 2022. Jerome Favre/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register HONG KONG, April 22 (Reuters) – Hong Kong … Read more

Exclusive: Russian companies, global banks could reap windfall from depositary receipt delisting

A picture illustration shows US Dollar and Russian Ruble banknotes in Sarajevo, March 9, 2015. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON/NEW YORK, April 14 (Reuters) – Russian companies and global banks including BNY Mellon, Deutsche Bank, Citigroup and JPMorgan could profit if Moscow moves to de-list Russian companies’ … Read more