Category Archives:
Caesars, MGM and other Las Vegas hotels deny room-rate price-fixing conspiracy
By Mike Scarcella (Reuters) - A group of companies operating prominent hotels on the Las Vegas strip on Monday asked a U.S. court to dismiss a lawsuit filed by tourists accusing them of conspiring to ...
Mar 28, 2023
Grand jury indicts woman on murder charge
PEORIA, Ill. – A Peoria County grand jury has indicted a woman for the suspected stabbing death of her boyfriend. The grand jury Tuesday formally charged Heaven Kruzan, 22, with First-Degree Mur...
Mar 28, 2023
EV startup Lucid plans to cut about 18% of its workforce – report
(Reuters) - Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing sources familiar with the matter and an internal memo. The com...
Mar 28, 2023
Infineon raises 2023 outlook on automotive and industrial strength
FRANKFURT (Reuters) - German chipmaker Infineon has raised its outlook for both its financial second quarter and the whole of 2023, it said on Tuesday, citing "resilient business dynamics" at its auto...
Mar 28, 2023
Exclusive-EU patent body to be involved in tech-standard patent royalties -EU draft rule
By Foo Yun Chee BRUSSELS (Reuters) -The European Union patent body will oversee a new process to set fair royalties on patents for technology widely used in products like cellphones, according to a dr...
Mar 28, 2023
US FAA presses aviation industry to eliminate ‘close calls’
By David Shepardson WASHINGTON (Reuters) - The acting head of the U.S. Federal Aviation Administration said on Tuesday the aviation industry must work to eliminate near-miss incidents that have trigge...
Mar 28, 2023
Fed’s Barr says first learned of risks at SVB weeks before it failed
(Reuters) - The U.S. Federal Reserve's head of banking supervision said Tuesday he was first made aware of the interest rate risk-related issues at Silicon Valley Bank in mid-February, just weeks befo...
Mar 28, 2023
U.S. arrests man for fire at Wisconsin anti-abortion group’s office
By Nate Raymond BOSTON (Reuters) - U.S. prosecutors on Tuesday charged a Wisconsin man with setting a conservative anti-abortion group's office on fire in May, just days after a leaked draft of the U....
Mar 28, 2023
Pence must testify in Jan. 6 attack probe, judge rules -reports
WASHINGTON (Reuters) -A federal judge has ruled that former U.S. Vice President Mike Pence must testify to a grand jury about conversations he had with former President Donald Trump leading up to Janu...
Mar 28, 2023
Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?
By Amanda Cooper LONDON (Reuters) - Turbulence in Europe's banks following the implosion of 167-year-old Credit Suisse and runs on regional banks in the U.S. has focused attention on the role played b...
Mar 28, 2023
Peoria, IL, USA
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