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Vivendi sells a 7.1% stake of UMG to Pershing Square for $2.8 billion
PARIS (Reuters) - Vivendi said on Tuesday it had sold a 7.1% stake of Universal Music Group (UMG) to Pershing Square Holdings, managed by William Ackman, adding it could sell it a further 2.9% by Sept...
Syndicated Content Aug 10, 2021
Facebook removes Russian network that targeted influencers to peddle anti-vax messages
By Elizabeth Culliford (Reuters) - Facebook said on Tuesday it had removed a network of accounts from Russia that it linked to a marketing firm which aimed to enlist influencers to push anti-vaccine c...
Syndicated Content Aug 10, 2021
U.S. judicial panel moves Texas lawsuit against Google, others to New York
(Corrects throughout to indicate Texas case will be centralized with others and move to the Southern District of New York) WASHINGTON (Reuters) -A U.S. judicial panel on Tuesday said that Texas' antit...
Syndicated Content Aug 10, 2021
White House says it remains in touch with auto executives about high car prices
WASHINGTON (Reuters) - The Biden administration's supply chain team remains in touch with auto industry executives about issues driving up prices, White House press secretary Jen Psaki said on Tuesday...
Syndicated Content Aug 10, 2021
U.S. senator raises concerns about Sanderson Farms sale
WASHINGTON (Reuters) - U.S. Senator Chuck Grassley, the top Republican on the Judiciary Committee, said that he was concerned about Cargill Inc and Continental Grain Co's plan to jointly acquire chick...
Syndicated Content Aug 10, 2021
Invoking ‘Quit India’, minister welcomes Amazon, Flipkart ruling
By Aditya Kalra and Nupur Anand NEW DELHI (Reuters) - India's commerce minister welcomed on Tuesday a Supreme Court decision that Amazon and Walmart's Flipkart should face investigations into alleged ...
Syndicated Content Aug 10, 2021
Texas Supreme Court blocks ruling protecting Democratic lawmakers from arrest -Washington Post
(Reuters) -The Texas Supreme Court on Tuesday blocked a rule protecting state Democratic lawmakers from arrest after they went to Washington to avoid a quorum as state Republicans attempt to pass voti...
Syndicated Content Aug 10, 2021
Exclusive: Exxon launches U.S. shale gas sale to kick-start stalled divestitures
By Sabrina Valle and Liz Hampton HOUSTON (Reuters) - Exxon Mobil Corp has begun marketing U.S. shale gas properties as it ramps up a long-stalled program that aims to raise billions of dollars to shed...
Syndicated Content Aug 10, 2021
Exclusive: U.S. weighs 2050 target in bid to wean airlines off fossil fuels
By Allison Lampert and Stephanie Kelly (Reuters) - U.S. President Joe Biden's administration is quietly discussing a target date of 2050 for weaning aircraft off fossil fuels as part of the White Hous...
Syndicated Content Aug 10, 2021
Explainer – U.S. Senate’s reconciliation process: it’s not the way it sounds
By Susan Cornwell WASHINGTON (Reuters) - Having passed President Joe Biden's $1 trillion infrastructure bill with bipartisan support, U.S. Senate Democrats are moving on to the even more ambitious goa...
Syndicated Content Aug 10, 2021

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