EXCLUSIVE Bell, Telus lobby Canada to stop sale of Shaw’s wireless business to Quebecor -sources

EXCLUSIVE Bell, Telus lobby Canada to stop sale of Shaw’s wireless business to Quebecor -sources

The Shaw Communications logo is seen at their office in Calgary, Alberta, Canada, April 17, 2019. REUTERS / Chris Wattie Register now for FREE unlimited access to Reuters.com Register TORONTO, May 19 (Reuters) – The Canadian federal government and competition bureau should block Quebecor from buying Shaw Communications’ wireless business, telecom operators Bell Inc and … Read more

As law firm summer associates return to office, the Great Wardrobe Debate rages

As law firm summer associates return to office, the Great Wardrobe Debate rages

(Reuters) – With law firms welcoming summer associates back in person this month after a two-year hiatus, the eager-to-impress newcomers have one big question: What to wear? A suit and tie? Sheath dress and blazer? Jeans and a polo shirt? Stretchy soft pants and a sweater? And what the heck do wardrobe descriptors like “business … Read more

Caterpillar eyes energy transition as growth driver for mining business

Caterpillar eyes energy transition as growth driver for mining business

People visit heavy machinery of Caterpillar at Bauma China, the International Trade Fair for Construction Machinery in Shanghai, China November 27, 2018. REUTERS / Aly Song / Files Register now for FREE unlimited access to Reuters.com Register DALLAS, May 17 (Reuters) – Construction equipment maker Caterpillar Inc (CAT.N) believes demand for critical minerals as the … Read more

Motor vehicles boost US business inventories in March

Motor vehicles boost US business inventories in March

An assembly worker of Ford Motor works on an F-series pickup truck at the Dearborn Truck Plant in Dearborn, Michigan, US, January 26, 2022. REUTERS / Rebecca Cook Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 17 (Reuters) – US business inventories increased slightly more than expected in March, lifted by a … Read more

Allianz to pay $ 6 bln in US fraud case, fund managers charged

Allianz to pay $ 6 bln in US fraud case, fund managers charged

NEW YORK / MUNICH, May 17 (Reuters) – Germany’s Allianz SE (ALVG.DE) agreed to pay more than $ 6 billion and its US asset management unit pleaded guilty to criminal securities fraud over the collapse of a group of investment funds early in the COVID-19 pandemic. Allianz’s settlements with the US Department of Justice and … Read more

Argo testing driverless vehicles on Miami and Austin streets

Argo testing driverless vehicles on Miami and Austin streets

An Argo Ai self driving prototype vehicle is seen outside a Ford and Volkswagen joint news conference in New York City, New York, US, July 12, 2019. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com register AUSTIN, May 17 (Reuters) – Self-driving startup Argo AI on Tuesday said it was having driverless vehicles … Read more

Tech-focused law firm Actuate hires ex-Miami mayor for new office

Tech-focused law firm Actuate hires ex-Miami mayor for new office

Miami’s cityscape and a port are reflected in the sunroof of a car in Miami, Florida, US REUTERS / Carlo Allegri Register now for FREE unlimited access to Reuters.com Register Xavier Suarez joins Actuate Law as senior counsel Miami office is the firm’s second, after Chicago (Reuters) – Actuate Law, a small technology-focused law firm, … Read more

Enel eying US market for grid business

Enel eying US market for grid business

A logo of Italian multinational energy company Enel is seen at the Milan’s headquarter, Italy, February 5, 2020. REUTERS / Flavio Lo Scalzo / File Photo Register now for FREE unlimited access to Reuters.com Register MILAN, May 16 (Reuters) – Italy’s Enel (ENEI.MI) is keeping an eye on the United States for the development of … Read more

REE Automotive to build commercial EV plant in UK’s Coventry

REE Automotive to build commercial EV plant in UK’s Coventry

Prototypes of a rolling chassis for electric vehicles developed by Israel’s REE Automotive, is seen during a test drive in Beersheba, southern Israel September 17, 2020. REUTERS/Amir Cohen Register now for FREE unlimited access to Reuters.com register LONDON, May 16 (Reuters) – REE Automotive (REE.O), which develops rolling chassis for commercial electric vehicles (EVs), said … Read more

Wells Fargo wins dismissal of shareholder lawsuit over commercial lending

Wells Fargo wins dismissal of shareholder lawsuit over commercial lending

May 6 (Reuters) – A federal judge on Friday dismissed class-action claims that Wells Fargo & Co (WFC.N), the fourth-largest US bank, misled or defrauded shareholders about its commercial loans. US District Judge William Alsup in San Francisco said shareholders failed to adequately allege that Wells Fargo unjustifiably inflated the quality of its loans, understated … Read more