By Jody Godoy (Reuters) – Former U.S. Congressman Stephen Buyer illegally traded on information he learned as a consultant to T-Mobile US Inc ahead of its $23 billion merger with Sprint, a federal prosecutor told jurors at Buyer’s criminal trial in New York on Wednesday. Assistant U.S. Attorney Margaret Graham said in opening statements that …

Ex-US congressman ‘abused trust’ to trade before mergers, prosecutor says Read More »

By Abigail Summerville NEW YORK (Reuters) – Venus Williams has joined private equity firm Topspin Consumer Partners as an operating partner, the latest endeavor in the world of business by a top tennis champion who has emerged as a prolific entrepreneur. Williams will work with companies owned by Topspin on their marketing strategies and investment opportunities, …

Venus Williams joins private equity firm Topspin Consumer Partners Read More »

By Joseph Ax NEW YORK (Reuters) – New York City has agreed to pay millions of dollars to demonstrators who sued the police department, saying they had been mistreated during a June 2020 racial justice protest that followed the killing of George Floyd. The proposed settlement would award $21,500 to each of the more than …

New York to pay millions to protesters arrested at George Floyd demonstration Read More »

By Rami Amichay and Maayan Lubell TEL AVIV (Reuters) -Israeli police fired stun grenades and scuffles broke out in Tel Aviv on Wednesday during a nationwide “day of disruption,” raising the intensity of protests against a government plan to overhaul the judiciary. In images not seen in Tel Aviv for years, police on horseback confronted …

Stun grenades, arrests on ‘day of disruption’ protest over Israel’s judicial overhaul Read More »

By Daniel Wiessner (Reuters) – “Call of Duty” maker Activision Blizzard Inc has been accused by a union of illegally firing two video game testers for using “strong language” in a protest of a new company policy that limits remote work. The Communication Workers of America (CWA) said it filed a complaint with the U.S. …

Activision fired staff for using ‘strong language’ about remote work policy -union Read More »

By Gergely Szakacs BUDAPEST (Reuters) – Hungarian Prime Minister Viktor Orban’s Fidesz party will back the ratification of Finland and Sweden’s bid to join NATO, the party’s parliamentary group said on Wednesday, as lawmakers began the process after a months-long delay. The announcement followed calls by Hungary’s president and a government official to swiftly endorse …

Hungarian PM’s party backs ratification of Finland, Sweden NATO entry Read More »

By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) – U.S. electric vehicle startups are seeing an unsettling trend, with demand evaporating as potential customers look for deals or hold off on purchases altogether. Quarterly reports from several companies indicated weakening interest for many of their newer products, a bad sign for companies wrestling with …

EV startups from Lucid to Rivian see demand fade, supply chain issues linger Read More »