Teamsters chief says still open to deal with UPS

[1/5]Sean O’Brien, President of the International Brotherhood of Teamsters, speaks to UPS Teamsters during a picket ahead of an upcoming possible strike, outside of a UPS Distribution Center in Brooklyn, New York, U.S., July 14, 2023. REUTERS/Brendan McDermid LOS ANGELES, July 14 (Reuters) – The head of the union representing 340,000 United Parcel Service (UPS.N)… Continue reading Teamsters chief says still open to deal with UPS

Investors in VinFast’s SPAC cash out most shares

Show more companies HANOI, July 14 (Reuters) – Shareholders of Black Spade Acquisition (BSAQ.A), a special purpose acquisition company (SPAC) that has plans to merge with Vietnam’s electric automaker VinFast to allow a U.S. listing, have redeemed over 80% of their shares, the SPAC said on Friday. It was a setback for VinFast, which had… Continue reading Investors in VinFast’s SPAC cash out most shares

Legalcategory

–   More law firm mergers were completed in the first half of 2023 than in the same period in 2022 and 2021, according to legal consultancy Fairfax Associates. –   Law firm Womble absorbed two small firms in California and now has a total of 60 attorneys working in the state.  –   Clark… Continue reading Legalcategory

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WASHINGTON, July 14 (Reuters) – Microsoft (MSFT.O) urged an appeals court in sometimes scathing language on Friday to reject the U.S. Federal Trade Commission’s (FTC) request to pause its $69 billion deal to buy Activision (ATVI.O). The agency asked the 9th Circuit Court of Appeals late on Thursday to require the companies to delay consummating… Continue reading Untitled

Legalcategory

–   More law firm mergers were completed in the first half of 2023 than in the same period in 2022 and 2021, according to legal consultancy Fairfax Associates. –   Law firm Womble absorbed two small firms in California and now has a total of 60 attorneys working in the state.  –   Clark… Continue reading Legalcategory

Technology Category

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Why Amazon put services in the spotlight for Prime Day

NEW YORK, July 14 (Reuters) – Amazon shoppers snagged deals on food delivery, travel and healthcare during a two-day Prime Event that ended on Wednesday, highlighting the potential for growth in services at an e-retailing giant long focused on goods. Amazon’s(AMZN.O) 200 million U.S. Prime members snapped up $12.7 billion in merchandise, a record sum… Continue reading Why Amazon put services in the spotlight for Prime Day

UPS strike could be costliest in US in a century, study says

July 13 (Reuters) – A threatened U.S. strike at United Parcel Service (UPS.N) could be “one of the costliest in at least a century,” topping $7 billion for a 10-day work stoppage, a think tank specializing in the economic impact of labor actions said on Thursday. That estimate from Michigan-based Anderson Economic Group (AEG) includes… Continue reading UPS strike could be costliest in US in a century, study says

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WASHINGTON, July 14 (Reuters) – The U.S. Federal Trade Commission’s (FTC) bid to temporarily block Microsoft’s (MSFT.O) $69 billion purchase of “Call of Duty” maker Activision Blizzard (ATVI.O) must clear some key hurdles to succeed, legal experts said. U.S. District Judge Jacqueline Scott Corley on Tuesday gave the go-ahead to the largest-ever gaming industry deal,… Continue reading Untitled

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source