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December 5, 2019
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Reuters - Business

Musk defamation trial may head to jury after billionaire and diver spar in court

Reuters
LOS ANGELES (Reuters) – Elon Musk’s defamation trial could be in the hands of jury by the end of Thursday after the billionaire and the diver who is suing him sparred over the meaning and impact of a “pedo guy” tweet at the heart of the case. Elon Musk walks...
Reuters - Business

Huawei appeals against U.S. ban on rural carrier customers accessing subsidies

Reuters
SHENZHEN, China (Reuters) – China’s Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program. FILE PHOTO: The Huawei logo is pictured at the IFA consumer...
Reuters - Business

Huawei files appeal in U.S. court against FCC’s rural carrier purchase ban

Reuters
SHENZHEN, China (Reuters) – China’s Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and tried to bar it from a government subsidy program. FILE PHOTO: The Huawei logo is pictured at the IFA consumer...
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British cave explorer felt ‘branded a pedophile’ by Elon Musk tweet

Reuters
LOS ANGELES (Reuters) – The British cave explorer suing Elon Musk testified on Wednesday he felt “branded a pedophile” by the billionaire entrepreneur, despite Musk’s assertion that his “pedo guy” tweet at the heart of the defamation case was not meant to be taken literally. Vernon Unsworth, seeking unspecified damages...
Reuters - Business

Elon Musk, at defamation trial, says he wrote ‘pedo guy’ tweet ‘off the cuff’

Reuters
LOS ANGELES (Reuters) – Elon Musk, wrapping up two days of testimony at his defamation trial on Wednesday, insisted his “pedo guy” Twitter message at the heart of the case was an “off-the-cuff” insult hurriedly written in anger and not meant to be taken literally. Elon Musk walks with his...
Reuters - Business

Peloton’s Christmas ad mocked as sexist

Reuters
(Reuters) – Exercise bike and treadmill maker Peloton Interactive Inc’s (PTON.O) latest Christmas advertisement has been widely criticized on social media as being “sexist” and “dystopian”. An actor is pictured in this screengrab from “The Gift That Gives Back” exercise bike commercial by Peloton obtained December 4, 2019. Peloton via...
Reuters - Business

Elon Musk returns to testify in defamation trial over ‘pedo guy’ tweets

Reuters
LOS ANGELES (Reuters) – Tesla Chief Executive Elon Musk returned to court on Wednesday to resume testifying at a trial to decide whether he defamed a British diver whom the Silicon Valley billionaire called “pedo guy” on Twitter. Elon Musk passes through security as he arrives at court for trial...
Reuters - Business

Peloton Christmas ad tagged ‘sexist’ on social media

Reuters
(Reuters) – Exercise bike and treadmill maker Peloton Interactive Inc’s (PTON.O) latest Christmas advertisement was widely criticized on social media as being “sexist” and “dystopian”. An actor is pictured in this screengrab from “The Gift That Gives Back” exercise bike commercial by Peloton obtained December 4, 2019. Peloton via REUTERS...
Reuters - Business

Ryanair CEO denies accusation of bullying former operations chief

Reuters
DUBLIN (Reuters) – Ryanair (RYA.I) chief executive Michael O’Leary on Wednesday dismissed accusations that he bullied and forced out his former operations chief Peter Bellew, telling a court he was a highly paid professional who had failed to deliver. Ryanair’s Michael O’Leary walks at the Four Courts in Dublin after...
Reuters - Business

Elon Musk testifies his ‘pedo guy’ tweet not meant to be taken literally

Reuters
LOS ANGELES (Reuters) – High-tech entrepreneur Elon Musk testified at his defamation trial on Tuesday that his “pedo guy” Twitter message at the center of the case was not meant to be taken literally and was sent in response to an “unprovoked” insult he received from the man now suing...
Reuters - Business

PG&E failed to inspect transmission lines that caused deadly 2018 wilfdfire: state probe

Reuters
(Reuters) – Bankrupt California power producer PG&E Corp (PCG.N) did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has concluded. FILE PHOTO: PG&E works on power lines to repair damage...
Reuters - Business

Fund managers deploy machines to decipher British election riddle

Reuters
LONDON (Reuters) – Question: How do you predict the outcome of a snap election when so many polls have been so wrong, half of voters haven’t made up their minds and the crucial factor may not be who wins, but how much they win by? FILE PHOTO: Union Jack flags...
Reuters - Business

U.S. Cyber Monday sales to hit record $9.2 billion

Reuters
(Reuters) – Cyber Monday sales were on course to bring in a record $9.2 billion, according to evening estimates, building on a bumper Black Friday weekend for U.S. retailers driven by earlier-than-usual promotions and free shipping. Shoppers have already had nearly a month of offers and deals as retailers look...
Reuters - Business

Cyber Monday sales poised to top $9.4 billion

Reuters
(Reuters) – Cyber Monday sales were on course to bring in a record $9.4 billion, according to early estimates, building on a bumper Black Friday weekend for retailers driven by earlier-than-usual promotions and free shipping. A woman takes part in a rally against Amazon and their business practices in the...
Reuters - Business

Facebook issues corrective label on user’s post under new Singapore fake news law

Reuters
SINGAPORE (Reuters) – Facebook (FB.O) said on Saturday it had issued a correction notice on a user’s post at the request of the Singapore government, but called for a measured approach to the implementation of a new “fake news” law in the city-state. FILE PHOTO: Silhouettes of laptop users are...
Reuters - Business

Facebook corrects user’s post under new Singapore fake news law

Reuters
FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo SINGAPORE (Reuters) – Facebook (FB.O) said on Saturday it had issued a correction notice on a user’s post at the request of the...
Reuters - Business

That frenzied Black Friday crush? Not this year

Reuters
NEW YORK/WASHINGTON (Reuters) – The frenzy associated with Black Friday shopping was missing this year as U.S. retailers offered earlier discounts and more consumers shopped online, though spot checks around the country showed traffic picked up after a sluggish morning. “It’s slow now because we had a big, big rush...
Reuters - Business

Factbox: Quotes from shoppers as they scour for the best deals on Black Friday

Reuters
NEW YORK (Reuters) – Shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts on everything from handbags to 4K TVs, with early promotions marking the start of a condensed holiday shopping season. People wait in line to pay for purchases...
Reuters - Business

Chinese envoy to Canada visits detained Huawei CFO, urges Ottawa to correct ‘mistake’

Reuters
FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou returns to British Columbia supreme court after a lunch break during a hearing in Vancouver, British Columbia, Canada September 30, 2019. REUTERS/Lindsey Wasson/File Photo OTTAWA (Reuters) – China’s new ambassador to Canada visited a senior Huawei Technologies Co Ltd official who...
Reuters - Business

‘Tis the season: Quotes from shoppers as America’s biggest shopping day kicks off

Reuters
NEW YORK (Reuters) – Shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts, with early promotions marking the start of a condensed holiday shopping season. People wait in line to pay for purchases at Best Buy during a sales event...

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