Al Gore sees the world at ‘tipping point’ for climate action

Al Gore sees the world at ‘tipping point’ for climate action

Register now for FREE unlimited access to Reuters.com Register Surging power prices pushing governments to decarbonise Gore cites greater action in the United States and Australia Says he is optimistic on further action in Brazil, China LONDON, Sept 21 (Reuters) – (This Sept. 20 story has been refiled to correct typo in second bullet point) … Read more

Volkswagen expected to rubber-stamp landmark Porsche IPO plan -source

Volkswagen expected to rubber-stamp landmark Porsche IPO plan -source

Attendees look at the 2022 Porsche 718 Cayman GT4 RS during the 2021 LA Auto Show in Los Angeles, California, U.S. November 17, 2021. REUTERS/Ringo Chiu Register now for FREE unlimited access to Reuters.com Register HAMBURG/FRANKFURT, Sept 5 (Reuters) – Volkswagen’s (VOWG_p.DE) supervisory board is expected to approve a plan to list sportscar maker Porsche … Read more

NYC, California pensions ask credit card firms to help track suspicious gun buys

NYC, California pensions ask credit card firms to help track suspicious gun buys

New York City Comptroller Brad Lander speaks during a “Defend Democracy” rally, taking place on the first anniversary of the January 6, 2021 attack on the U.S. Capitol, in Brooklyn, New York, U.S., January 6, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 30 (Reuters) – Top New York … Read more

Tesla shareholders broadly follow board recommendations at annual meeting

Tesla shareholders broadly follow board recommendations at annual meeting

Aug 4 (Reuters) – Tesla Inc (TSLA.O) shareholders voted for board recommendations on most issues at the company’s annual meeting on Thursday, including re-electing directors, approving a stock split, while rejecting proposals focused on environment and governance. Votes on three of the 13 proposals did not follow board recommendations, according to preliminary tallies presented at … Read more

Elon Musk files countersuit under seal vs Twitter over $44 bln deal

Elon Musk files countersuit under seal vs Twitter over  bln deal

WILMINGTON, Del., July 29 (Reuters) – Elon Musk countersued Twitter Inc (TWTR.N) on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially. While the 164-page document was not publicly available, under court rules a redacted version could … Read more

JetBlue, Spirit near takeover deal that could come on Thursday-source

JetBlue, Spirit near takeover deal that could come on Thursday-source

July 28 (Reuters) – JetBlue Airways Corp (JBLU.O) is nearing a deal to buy Spirit Airlines (SAVE.N) that could be announced as soon as Thursday, a source familiar with the matter said, after Spirit canceled its $2.7 billion sale to Frontier Group Holdings (ULCC.O). The latest developments mark a victory for JetBlue in its months-long … Read more

Exclusive: Cassava Sciences faces U.S. criminal probe tied to Alzheimer’s drug, sources say

Exclusive: Cassava Sciences faces U.S. criminal probe tied to Alzheimer’s drug, sources say

WASHINGTON, July 27 (Reuters) – The U.S. Justice Department has opened a criminal investigation into Cassava Sciences Inc (SAVA.O) involving whether the biotech company manipulated research results for its experimental Alzheimer’s drug, two people familiar with the inquiry said. The Justice Department personnel conducting the investigation into Austin, Texas-based Cassava specialize in examining whether companies … Read more

Amazon shareholders vote against investor-led proposals

Amazon shareholders vote against investor-led proposals

BOSTON/NEW YORK May 25 (Reuters) – Amazon.com Inc (AMZN.O) shareholders on Wednesday voted against all investor-led resolutions that challenged the company’s policies – including its use of plastics and certain concealment clauses in contracts – at the company’s annual meeting. A total of 15 investor resolutions were considered, including one introduced at the meeting. The … Read more

Tesla removed from S&P 500 ESG Index, prompting Musk fury

Tesla removed from S&P 500 ESG Index, prompting Musk fury

May 18 (Reuters) – S&P Dow Jones Indices has removed electric carmaker Tesla Inc (TSLA.O) from its widely-followed S&P 500 ESG Index (.SPXESUP), citing issues, including racial discrimination claims and crashes linked to its autopilot vehicles, a move that prompted harsh tweets from Tesla CEO Elon Musk on Wednesday. The back-and-forth underscores the widening debate … Read more

Allianz to pay $6 billion in U.S. fraud case, fund manager charged

Allianz to pay  billion in U.S. fraud case, fund manager charged

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