By Joseph Ax (Reuters) -Reuters won two Pulitzer Prizes on Monday, taking home the breaking news photography award for searing images of the Israel-Gaza conflict as well as the national reporting award for a series of investigations into Elon Musk’s manufacturing empire. ProPublica won the coveted public service award for stories detailing undisclosed gifts and…
By Brendan Pierson (Reuters) -A federal judge has struck down parts of a North Carolina law restricting patients’ access to the abortion pill mifepristone, which has become the subject of legal battles nationwide. Chief U.S. District Judge Catherine Eagles on Tuesday struck down the state’s requirements that mifepristone be prescribed only by doctors and only…
(Reuters) -U.S. prosecutors are examining financial transactions at Block, NBC News reported on Wednesday, citing two people with direct knowledge of the matter. NBC reported that federal prosecutors were discussing with a former employee alleged widespread compliance lapses at Square and Cash App, the company’s two main units. Areas under investigation include whether the company…
By Alexander Cornwell ABU DHABI (Reuters) – The United States, Britain and the European Union are pressing the United Arab Emirates to show it is cracking down on firms evading sanctions imposed on Russia over the war in Ukraine, according to three sources aware of the diplomatic outreach. American, British and EU officials visited the…
BOGOTA (Reuters) -U.S. car maker General Motors will close its manufacturing operations in Colombia and Ecuador, the company said in a statement on Friday, as part of its shift towards producing next-generation vehicles. Manufacturing will cease at company’s Colmotores plant in Colombia from Friday, it said, while operations will halt at its factory in Ecuador…
By Jonathan Stempel (Reuters) – A real estate brokerage owned by Warren Buffett’s Berkshire Hathaway said on Friday it reached a $250 million settlement of nationwide antitrust litigation that is expected to change how real estate agents are paid. HomeServices of America, the largest U.S. real estate brokerage, was the last remaining defendant in a…
FRANKFURT (Reuters) -Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. Operating profit in the first three months of 2024 came in at 1.28 billion euros ($1.37 billion), in line with an LSEG estimate,…
By Arsheeya Bajwa (Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp’s stock surged 24%, giving it a market value of $6.1 billion, after the Wall Street Journal first reported the talks. Under CEO Arvind Krishna, IBM has focused on acquisitions…
By David Shepardson and Allison Lampert WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower’s claims that the company dismissed safety and quality concerns in the production of the planemaker’s 787 and 777 jets, an agency spokesperson said on Tuesday. The planemaker has been grappling with a full-blown safety crisis that…
By Brendan Pierson and Nate Raymond (Reuters) – Arizona’s top court on Tuesday revived a ban on nearly all abortions under a law from 1864, a half century before statehood and women’s suffrage, further restricting reproductive rights in a state where terminating a pregnancy was already barred at 15 weeks of gestation. The Arizona Supreme…
