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Paramount criticizes pledge by entertainers to boycott Israeli film institutions
Reuters· 2025-09-13 02:10
Core Viewpoint - Paramount condemned a pledge signed by over 4,000 actors, entertainers, and producers, including Hollywood stars, to not work with Israeli film institutions [1] Group 1 - The pledge reflects a significant movement within the entertainment industry regarding political and social issues [1] - Paramount's response indicates a potential divide in the industry regarding support for Israel [1] - The involvement of high-profile individuals in the pledge highlights the influence of celebrity opinions on industry practices [1]
UAW workers reach tentative deal with GE Aerospace at Ohio, Kentucky plants
Reuters· 2025-09-12 23:59
Core Points - Members of the United Auto Workers union at GE Aerospace's facilities in Evendale, Ohio, and Erlanger, Kentucky, have reached a tentative agreement with the company [1] Group 1 - The agreement was announced by the union on Friday [1]
US FDA chief says Super Bowl ad by Hims & Hers 'breached' drug promotion rules
Reuters· 2025-09-12 22:52
U.S. Food and Drug Administration Commissioner Martin Makary said on Friday that Hims & Hers' Super Bowl advertisement breached federal law as it highlighted the benefits of weight-loss drugs without ... ...
US penalizes two Chinese companies that acquired tools for chipmaker SMIC
Reuters· 2025-09-12 22:28
The United States on Friday penalized two Chinese firms that acquired U.S. chipmaking equipment for China's top chipmaker SMIC, including them among 32 entities that were added to the Commerce Department's restricted trade list, according to a U.S. government posting. Twenty-three of the 32 were in China. ...
BYD and Tesla set to lose most from Mexico's proposed tariffs on China
Reuters· 2025-09-12 22:27
Core Viewpoint - Mexico's proposed 50 percent tariff on autos imported from China is expected to significantly impact electric car manufacturers BYD and Tesla, while benefiting traditional U.S. car manufacturers [1] Group 1: Impact on Electric Car Manufacturers - BYD and Tesla are likely to be the biggest losers from the proposed tariff, which could hinder their growth in the fast-expanding electric car market in Mexico [1] Group 2: Implications for Traditional U.S. Car Manufacturers - The tariff is expected to spare the traditional "Big Three" U.S. car manufacturers, potentially allowing them to maintain or increase their market share in Mexico [1]
Union Pacific CEO held talks with Trump on $85 billion plan to buy Norfolk
Reuters· 2025-09-12 22:02
Union Pacific Corp CEO Jim Vena met with U.S. President Donald Trump in the Oval Office to discuss the railroad's proposed $85 billion buyout of Norfolk Southern Corp , the company said on Friday, as ... ...
Brazilian oil firm Petrobras buys 27.5% stake in block in Sao Tome and Principe
Reuters· 2025-09-12 21:43
Brazilian state-run oil firm Petrobras said on Friday it had concluded the purchase of a 27.5% stake in block 4, located in the African island nation of Sao Tome and Principe, according to a securitie... ...
Southwest requiring removal of batteries from mobility devices before boarding
Reuters· 2025-09-12 21:01
Southwest Airlines said on Friday it will require passengers to take out removable lithium batteries from powered wheelchairs and scooters before boarding, citing fire risks. ...
BofA appoints co-presidents as CEO Moynihan says he will serve through the decade
Reuters· 2025-09-12 20:26
Bank of America appointed Dean Athanasia and Jim DeMare as co-presidents, the U.S. lender said on Friday, as CEO Brian Moynihan reinforced his commitment to lead the second-largest bank in the country... ...
Corteva explores breaking up into two separate companies, WSJ reports
Reuters· 2025-09-12 20:18
Group 1 - Corteva is considering a breakup to separate its seed and pesticide businesses into two distinct companies [1] - The decision is influenced by ongoing discussions and insights from individuals familiar with the matter [1] - This potential restructuring reflects a broader trend in the agriculture industry towards specialization [1]