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December 6, 2019

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Reuters - Business

SoftBank’s Son cleaves to gut-led investing in chat with Alibaba’s Ma

Reuters
by Reuters02
TOKYO (Reuters) – Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc’s co-founder Jack Ma. SoftBank Group founder and CEO Masayoshi Son and Alibaba founder and former Chairman...
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Reuters - Business

SoftBank’s Son cleaves to guts-led investing in chat with Alibaba’s Ma

Reuters
by Reuters02
TOKYO (Reuters) – Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s (9984.T) founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc’s (BABA.N) co-founder Jack Ma. SoftBank Group founder and CEO Masayoshi Son and Alibaba founder and...
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CBS US News

Joe Biden calls voter a “damn liar” in Iowa when asked about Hunter Biden and Ukraine

CBS News
by CBS News02
Joe Biden called a man a “damn liar” during a heated exchange at a campaign event in New Hampton, Iowa, on Thursday. The remark came after the man brought up the conspiracy theory that Biden secured a position on the board of Burisma, a Ukrainian gas company, for his son,...
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Reuters - Business

Huawei mounts legal challenge against FCC over rural carrier customers

Reuters
by Reuters01
SHENZHEN, China (Reuters) – China’s Huawei mounted a legal challenge against the U.S. Federal Communications Commission (FCC) on Thursday after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program. The FCC last month voted unanimously to designate Huawei Technologies...
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Reuters - Business

No apology to Elon Musk from British diver at ‘pedo guy’ defamation trial

Reuters
by Reuters01
LOS ANGELES (Reuters) – The British cave explorer suing Elon Musk for calling him a “pedo guy” on Twitter testified on Thursday that his criticism of the Tesla Inc (TSLA.O) chief executive that led to the tweet was not a personal attack. Elon Musk walks with his face turned away...
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Reuters - Business

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

Reuters
by Reuters06
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...
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Reuters - Business

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

Reuters
by Reuters01
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...
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Reuters - Business

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

Reuters
by Reuters05
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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Reuters - Business

British cave explorer felt ‘branded a pedophile’ by Elon Musk tweet

Reuters
by Reuters05
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...
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Reuters - Business

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

Reuters
by Reuters02
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...
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Reuters - Business

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

Reuters
by Reuters04
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...
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Reuters - Business

Ryanair CEO denies accusation of bullying former operations chief

Reuters
by Reuters03
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...
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Reuters - Business

Google co-founders step aside as Pichai takes helm of parent Alphabet

Reuters
by Reuters014
SAN FRANCISCO (Reuters) – Google co-founders Larry Page and Sergey Brin are stepping aside as leaders of the Internet behemoth they founded 21 years ago, ending an extraordinary run that saw them build one of the world’s most valuable and influential companies. Trusted lieutenant Sundar Pichai, who has run the...
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CBS US News

El Hefe Chicago: Liz Capra is 2nd woman to say she was raped after being drugged at Chicago bar

CBS News
by CBS News07
A second woman has come forward to say she was drugged and raped after visiting a nightclub in Chicago. The allegation comes a week after another woman filed a lawsuit accusing El Hefe’s security guards of standing by as she was sexually assaulted in the back alley, CBS Chicago reports....
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Reuters - Business

U.S. says sees no reason to reduce tariffs in EU aircraft subsidy case

Reuters
by Reuters05
FILE PHOTO: The logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Monday said it saw no basis in Monday’s World Trade Organization report that would justify reducing...
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Reuters - Business

U.S. may increase tariffs after WTO rejects EU claims over Airbus

Reuters
by Reuters014
PARIS/BRUSSELS (Reuters) – The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus (AIR.PA), prompting the United States to say it could increase retaliatory tariffs on a wider range of European goods. Christian Scherer, Airbus Chief Commercial Officer, speaks during a...
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Reuters - Business

New Nissan CEO rules out closer capital ties with Renault

Reuters
by Reuters010
YOKOHAMA (Reuters) – Nissan Motor Co (7201.T) is committed to its automaking alliance with Renault SA (RENA.PA) but will not look to deepen its capital ties with the French automaker any time soon, its new CEO said on Monday. Nissan Motor’s chief executive Makoto Uchida gestures during a news conference...
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Reuters - Business

New Nissan CEO pledges better performance, cooperation with Renault

Reuters
by Reuters08
YOKOHAMA (Reuters) – Nissan Motor Co (7201.T) chief executive Makoto Uchida said on Monday that he would work to improve the automaker’s financial performance and co-operate closely with alliance partner Renault SA (RENA.PA), while maintaining Nissan’s independence. Nissan Motor’s chief executive Makoto Uchida gestures during a news conference at Nissan...
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Reuters - Business

H&M-backed startup puts bacteria to work in green dyeing process

Reuters
by Reuters08
STOCKHOLM/NORWICH, Britain (Reuters) – A British biotech startup is developing a method of textile dyeing that taps into the bright colors of birds and butterflies and has micro-organisms recreate them on fabric, slashing the use of water and heavy chemicals in the process. Patchwork of different types of material dyed...
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Reuters - Business

Musk won’t settle ‘pedo guy’ defamation lawsuit, lawyer says

Reuters
by Reuters08
LOS ANGELES (Reuters) – An attorney for Elon Musk, the billionaire CEO of electric car maker Tesla (TSLA.O), said on Tuesday that his client had no intention of settling a defamation suit brought by a British cave explorer before the case goes to trial on Dec. 3. Vernon Unsworth is...
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