U.S., New York sue Credit Acceptance, allege predatory auto lending; shares slide

By Jonathan Stempel NEW YORK (Reuters) -Credit Acceptance Corp was sued on Wednesday by the U.S. Consumer Financial Protection Bureau and New York Attorney General Letitia James, who said the subprime auto lender engaged in predatory lending by driving low-income borrowers into used-car loans it knew they could not afford. The regulators said Credit Acceptance …

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At CES 2023, Sony’s ‘Gran Turismo’ flags new entertainment strategy

By Dawn Chmielewski (Reuters) – When Sony Corp Group teases “Gran Turismo,” its long-awaited adrenaline-fueled film adaptation of Sony PlayStation’s hit car-racing franchise at the CES 2023 technology trade show this week, it will really be showing off its new identity as a content-driven company. The movie reflects the transformation of the maker of the …

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Querétaro de México se refuerza con futbolistas argentinos Duarte, Torres y Barbieri

CIUDAD DE MÉXICO, 4 ene (Reuters) – El club Querétaro anunció a los argentinos Manuel Duarte, Jonatán Torres y Miguel Barbieri como parte de sus 11 refuerzos para el torneo Clausura del fútbol mexicano que inicia el viernes. Los “Gallos Blancos” de Querétaro también presentaron en un video a los colombianos José Zuñiga y Christian …

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La Fed, preocupada por la “percepción errónea” del mercado ante menor subida de tasas: minutas

Por Howard Schneider WASHINGTON, 4 ene (Reuters) – Todos las autoridades presentes en la reunión de política monetaria de la Reserva Federal del 13 y 14 de diciembre coincidieron en que el banco central estadounidense debería ralentizar el ritmo de sus agresivas subidas de las tasas de interés, lo que les permitiría seguir elevando el …

La Fed, preocupada por la “percepción errónea” del mercado ante menor subida de tasas: minutas Read More »

Microsoft shares lag Big Tech peers as growth worries prompt UBS downgrade

(Reuters) – Microsoft Corp underperformed big technology peers on U.S. exchanges on Wednesday as its shares fell 5.3% following a downgrade by brokerage UBS on worries over slowing growth for its cloud services and Office suite. After years of rapid growth in the cloud business that made Microsoft an investor darling, the Satya Nadella-led software …

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WHO says China data underrepresents COVID surge and deaths

By Jennifer Rigby and Gabrielle Tétrault-Farber GENEVA (Reuters) -China’s COVID-19 data is not giving an accurate picture of the situation there and underrepresents the number of hospitalisations and deaths from the disease, a senior official at the World Health Organization said on Wednesday. The U.N. agency was preparing to meet Chinese scientists again on Thursday …

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‘Feels like summer’: Warm winter breaks temperature records in Europe

By Matthias Williams and Kate Abnett LONDON/BRUSSELS (Reuters) -Record-high winter temperatures swept across parts of Europe over the new year, bringing calls from activists for faster action against climate change while offering short-term respite to governments struggling with high gas prices. Hundreds of sites have seen temperature records smashed in the past days, from Switzerland …

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Factbox-How does the U.S. House of Representatives decide on a speaker?

(Reuters) – After winning a slim majority of seats in the U.S. House of Representatives in November’s midterm elections, Republicans are trying to elect a speaker. WHAT IS THE SPEAKER’S IMPORTANCE? The speaker of the House, second in the line of succession for the presidency after the vice president, leads the chamber and sets the …

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French privacy watchdog fines Apple over personalised ads

PARIS (Reuters) – France’s privacy watchdog CNIL on Wednesday said it had imposed an 8 million euro ($8.49 million) fine linked to ad personalisation in the iPhone maker’s App Store, citing shortcomings with regard to user consent. “The advertising targeting settings available from the “Settings” icon of the iPhone were pre-checked by default”, the CNIL …

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