By Anna Irrera, Steve Stecklow and Brenna Hughes Neghaiwi LAS VEGAS (Reuters) – The creators of an embattled cybercurrency technology project called Tezos expressed regret on Tuesday about their ongoing dispute with the head of a Swiss foundation that controls the $232 million they raised in one of the largest “initial coin offerings” ever. In […]
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By Paul Lienert and Joseph White (Reuters) – Delphi Automotive Plc said on Tuesday it will buy self-driving car software startup nuTonomy for $450 million, helping to put automated vehicles using its technology into commercial use in 2019, a year earlier than planned. Delphi and nuTonomy have been testing automated vehicles in Singapore, where regulators […]
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By Laharee Chatterjee (Reuters) – Advanced Micro Devices Inc on Tuesday flagged competitive pressures with a forecast that pointed to the first revenue drop in seven quarters, sending the chipmaker’s shares plunging 11 percent in after-hours trading. The company, which has gained from a surge in demand for its chips from cryptocurrency miners, also sought […]
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By Daina Beth Solomon MEXICO CITY (Reuters) – Amazon.com Inc <AMZN.O> launched a cash payment service in Mexico on Tuesday, aiming to expand its customer base in a country where shoppers are wary of credit card fraud and often earn their living in paper currency. The strategy could also help it to win market share […]
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By David Ingram SAN FRANCISCO (Reuters) – Twitter Inc <TWTR.N> said on Tuesday it would add labels to election-related advertisements and say who is behind each of them, after a threat of regulation from the United States over the lack of disclosure for political spending on social media. Twitter, acting a month after Facebook Inc […]
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(This Oct. 23 story corrects paragraph 4 to say warning letter, instead of form 483) (Reuters) – The U.S. Food and Drug Administration said on Monday it issued a warning letter to Meridian Bioscience Inc’s unit for several federal law violations after inspecting its facility that makes lead-testing devices. The violations include selling significantly modified […]
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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Overstock.com unit T0.com (tZERO) will launch an initial coin offering next month, company chairman Patrick Byrne announced on Tuesday at the Money 20/20 conference in Las Vegas. In a statement, Byrne said tZERO’s coin offering will be legally compliant with the U.S. Securities and Exchange Commission using an […]
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By Piya Sinha-Roy LOS ANGELES (Reuters) – The end of the world is nigh, and Marvel’s brawny superhero Thor finds himself hammerless and held hostage on a kitsch futuristic planet light years away from his home, in a sequel that revamps the slightly dim-witted Norse god with irreverent humor. “Thor: Ragnarok,” the third installment of […]
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NEW YORK (Reuters) – AT&T Inc’s quarterly results missed Wall Street estimates as the U.S. No. 2 wireless carrier lost video subscribers to traditional and online TV competitors and fewer of its existing customers upgraded their devices ahead of Apple Inc’s launch of the iPhone X. The battle for the growing market in providing video […]
Read More By Chris Kenning (Reuters) – New abortion regulations took effect on Tuesday in Missouri that critics argue will make it more difficult for women to access the procedure. A judge on Monday declined to block a requirement that physicians performing abortions inform their patients about abortion risks at least 72 hours before their procedure. Previously, […]
Read More By David Shepardson WASHINGTON (Reuters) – The Sierra Club, Greenpeace USA and Public Citizen and other environmental and consumer advocacy groups plan to turn up the pressure on Wednesday in their campaign to stop automakers from lobbying the Trump administration to weaken fuel efficiency requirements. The groups wrote last month to auto executives at Ford […]
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By Will Dunham , (Reuters) – Two-time Emmy Award-winning actor Robert Guillaume, who became one of the most prominent black actors on U.S. television playing the cantankerous title character in the hit 1980s series “Benson,” died of complications from prostate cancer on Tuesday, his wife said. He was 89. The gravelly voiced Guillaume, who thrived […]
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