Jeffrey Epstein private islands go on the market for $125m The two US Virgin islands were owned by American convicted child sex offender Jeffrey Epstein until his 2019 death The Independent UK · Mar 23, 2022
Zelensky urged Biden against Roman Abramovich sanctions to help with Putin peace talks, report says Ukraine reportedly hopes oligarch could be go-between with Kremlin The Independent UK · Mar 23, 2022
US, UK Announce Trade Accord To Remove Tariffs On British Steel, American Whiskey: WSJ The U.S. and U.K. have announced a trade deal to remove tariffs on British steel & aluminum and American whiskey, motorcycles, and tobacco, the Wall Street Journal reported. Biden administration officials said the agreement would allow the U.K to ship “historically-based sustainable volumes” of steel and aluminum products to the U.S. without… Benzinga · Mar 23, 2022
US DOJ Accuses Google Of Misusing Legal Privilege To Hide Sensitive Emails: WSJ The U.S. Justice Department alleged Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google improperly invoked the legal privilege to shield sensitive internal communications for years, the Wall Street Journal reports from U.S. district court filing. The DOJ wanted Google to turn over internal emails that it had withheld or censored in the antitrust case filed against it by state… Benzinga · Mar 22, 2022
Russia-Ukraine war shows cracks in US ties to Middle East allies UAE and Saudi Arabia are pursuing their own interests, analysts say, as US urges united front against Russia’s Putin. Al Jazeera · Mar 21, 2022
US to bolster Ukrainian air defences with Soviet-made equipment it acquired secretly, report says The delivery of the air defence systems is part of a push by the White House to help Ukraine The Independent UK · Mar 21, 2022
Restaurant Brands Plans Disposing Stake In Russian Burger King: WSJ Restaurant Brands International Inc (NYSE:QSR) has started the process of disposing of its ownership stake in a Burger King joint venture in Russia, the Wall Street Journal reported. Restaurant Brands operates in Russia through joint-venture partners, none of whom own a majority stake. It holds a 15% stake in the joint-venture partnership, which… Benzinga · Mar 18, 2022
Regulator Defers MGM Stakeholder's Nevada Gaming License By 1 Month Nevada Gaming Commission shelved MGM Resorts International (NYSE:MGM) stakeholder Barry Diller’s licensing by a month until an April commission meeting, the Wall Street Journal reports. The move coincided with insider-trading investigations by federal authorities into his share purchases of Activision Blizzard Inc (NASDAQ:ATVI). In 2020, Diller and his internet holding company, IAC/InterActiveCorp (NASDAQ:IAC), admitted spending over $1 billion for… Benzinga · Mar 18, 2022
Amazon Consummates MGM Deal Post Clean Chit From Regulators Amazon.com Inc (NASDAQ:AMZN) closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer after a clean chit from the U.S. FTC and EU. The EU contended that the deal would not hamper competition as the two companies did not significantly overlap in content production, the Wall Street Journal reports. The FTC also did not… Benzinga · Mar 17, 2022
Wall Street Journal: Legacy Automakers Emulate Tesla's Retail Strategy Tesla's online, direct car sales approach is inspiring others. Some auto execs see the pivot to EVs as an opportunity to modernize age-old processes. InsideEVs · Mar 16, 2022
More than half of American voters don’t believe Biden will make a run for re-election Fifty-two percent of respondents said they don’t think US President Joe Biden will make an attempt at running for re-election in 2024 The Independent UK · Mar 15, 2022
Saudi Arabia invites China's Xi to visit - WSJ Saudi Arabia has invited Chinese President Xi Jinping to visit the kingdom in a trip that could happen as soon as May, the Wall Street Journal reported on Monday. Reuters · Mar 14, 2022
Why Nielsen Holdings Shares Are Surging Nielsen Holdings PLC (NYSE: NLSN) shares are surging Monday following a Wall Street Journal report indicating a consortium of private-equity firm Benzinga · Mar 14, 2022
After Alibaba, Tencent Could Attract Regulatory Penalty The People’s Bank of China discovered Tencent Holdings Ltd (OTC:TCEHY) is guilty of violating some central bank regulations by its WeChat Pay mobile network, the Wall Street Journal reports. Regulators could subject Tencent to a penalty worth at least hundreds of millions of yuan. The central bank’s routine inspection of 2021 found WeChat… Benzinga · Mar 14, 2022
Asharq Al-Awsat · Mar 14, 2022 Moscow Threatens Western Companies with Arrests, Seizures Russian authorities, facing potential economic calamity as Western sanctions take hold, have threatened foreign companies hoping to withdraw from the country with arrests and asset seizures, the Wall Street Journal reported Sunday. Russian prosecutors have issued warnings to several foreign entities -- via calls, letters and in-person visits -- including…
Bangkok Post · Mar 14, 2022 Moscow threatens Western companies with arrests, seizures - report NEW YORK: Russian authorities, facing potential economic calamity as Western sanctions take hold, have threatened foreign companies hoping to withdraw from the country with arrests and asset seizures, the Wall Street Journal reported on Sunday.
Tribune News Service · Mar 14, 2022 Russian prosecutors reportedly threaten US firms with seizures McDonald’s Corp., Yum! Brands Inc. and International Business Machines Corp. are among companies that received warnings from Russian prosecutors threatening to arrest corporate leaders or seize assets for criticizing the government or withdrawing from the country, The Wall Street Journal reported Sunday.
Benzinga · Mar 11, 2022 Budweiser Parent Mulls Brewing Pause In Russia Anheuser-Busch InBev (NYSE:BUD) has asked its partner in Russia, Anadolu Efes, to suspend its license to brew Budweiser in Russia, the Wall Street Journal reported. The company also plans to forfeit its profits from the joint venture in the wake of Russia’s invasion of Ukraine. The report cited a spokeswoman for AB InBev…
Benzinga · Mar 11, 2022 Biden, Democrats Fall Short On Voters' Key Issues: WSJ The Wall Street Journal poll concluded that President Biden failed to satisfy 57% of voters despite an appreciation for his response to the Russian - Ukraine crisis and a recent State of the Union speech. The poll results were consistent with WSJ's previous poll taken during mid-November. Biden's fellow Democrats also lost ground to Republicans…
Benzinga · Mar 11, 2022 Falling Chip Prices Are Making 5G Phones More Affordable: WSJ The falling price of the 5G phone specialized semiconductors helped make faster mobile service affordable to more lower-income consumers globally, the Wall Street Journal repor
Benzinga · Mar 11, 2022 EU, UK Launches Antitrust Investigations On Google, Meta EU and U.K. antitrust regulators launched parallel investigations into Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) unit Google and Facebook parent Meta Platforms Inc (NASDAQ:FB) over a 2018 ad deal, CNBC reports. The European Commission and the U.K.’s Competition and Markets Authority investigated whether the pact between the two tech giants dubbed “Jedi Blue” squeezed competitors out of…
Benzinga · Mar 10, 2022 Uber, Lyft Drivers Lock Horns With Riders Over Mask Mandate: WSJ A new crisis challenges the ride-sharing companies like Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) as the states lift mask mandates, the Wall Street Journal reports. The companies require the riders to continue wearing masks. However, drivers find it challenging to remain masked as the local governments push for a widespread reopening. The U.S.…
Benzinga · Mar 10, 2022 Meta Axes Google Veteran Heading Insta For Kids; Project Remains Halted Meta Platforms Inc's (NASDAQ:FB) VP of youth Pavni Diwanji departed as part of a restructuring, the Wall Street Journal reports. Diwanji supervised Instagram's development of a controversial product for children. Diwanji previously served as a VP at Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, where she led YouTube kids and other family-oriented projects. Adam Mosseri, head…
Benzinga · Mar 9, 2022 US Lawmakers Urge DOJ To Probe Amazon: WSJ A U.S. congressional committee urged the Justice Department to investigate Amazon.com Inc (NASDAQ:AMZN) for potential criminal obstruction of Congress, the Wall Street Journal reports. The committee alleged Amazon's refusal to disclose information as part of its investigation into Amazon's competitive practices. Amazon allegedly attempted to cover up a lie that Amazon told lawmakers…
Benzinga · Mar 9, 2022 TikTok Is Having A Hard Time Coping Up With Russia-Ukraine Crisis ByteDance Ltd's TikTok grappled internally amid aggravating tensions between Russia and Ukraine, the Wall Street Journal reports.