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Airbus and Qatar Airways settle a bitter row over the A350

Airbus and Qatar Airways settle a bitter row over the A350

PARIS, Feb. 1 (Reuters) – Airbus (AIR.PA) The two companies said on Wednesday that it and Qatar Airways had settled a dispute over the grounded A350s, to avoid a possible trial in the United Kingdom after a violent 18-month dispute that tore the lid off the global aircraft market. “Amicable and mutually acceptable settlement” ends …

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A US court dismissed J&J's bankruptcy strategy for tens of thousands of talc lawsuits

A US court dismissed J&J’s bankruptcy strategy for tens of thousands of talc lawsuits

Jan 30 (Reuters) – A US appeals court overturned the Johnson & Johnson trial (JNJ.N) Attempting to offload tens of thousands of lawsuits related to its talc products into bankruptcy, it ruled that the healthcare group had improperly placed a subsidiary in Chapter 11 proceedings even though it did not face financial hardship. The decision …

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FTX founder Bankman Fried objects to tighter bail, prosecutors say 'put him in a sandbag'

FTX founder Bankman Fried objects to tighter bail, prosecutors say ‘put him in a sandbag’

NEW YORK (Reuters) – Attorneys for Sam Bankman-Fried urged a U.S. judge on Saturday not to block the accused FTX cryptocurrency executive from communicating with former colleagues as part of his bail release, saying prosecutors had “sandbagged” their placement process. The client is in the “worst possible light”. The lawyers were responding on Friday evening …

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Taylor Swift's concert fiasco leads to US Senate impeachment of Ticketmaster

Taylor Swift’s concert fiasco leads to US Senate impeachment of Ticketmaster

WASHINGTON (Reuters) – U.S. senators criticized Live Nation Entertainment’s lack of transparency and inability to prevent bots from buying tickets on Tuesday, at a hearing after a major failure to sell tickets for Taylor Swift’s upcoming concert tour. Live Nation Entertainment Inc (LYV.N) Swift’s subsidiary Ticketmaster, which has been unpopular with fans for years, drew …

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Exclusive: Binance transferred $346 million to cryptocurrency exchange Bitzlato, according to data

Exclusive: Binance transferred $346 million to cryptocurrency exchange Bitzlato, according to data

LONDON (Reuters) – Blockchain data seen by Reuters shows that crypto giant Binance processed nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine.” The Justice Department said so on January 18th Bitzlato’s co-founder and majority shareholder was charged …

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