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Reuters Daily

Reuters Business

Eldorado Resorts takes on bigger rivals with $8.5 billion Caesars buy

Mon, Jun 24, 2019

U.S. casino operator Eldorado Resorts Inc has agreed to buy rival Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on larger companies such as Las Vegas Sands and Wynn Resorts. ...

WarnerMedia names Ann Sarnoff as CEO of Warner Bros

Mon, Jun 24, 2019

WarnerMedia, part of AT&T Inc, said http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190624:nBw11GtfYa on Monday the company has appointed Ann Sarnoff as the chief executive officer of Warner Bros. ...

FedEx confirms Huawei mail ban as new 'mistake' reignites Chinese ire

Mon, Jun 24, 2019

FedEx Corp has apologized for another Huawei delivery "mistake," reigniting Chinese ire and drawing the fire of state media which suggested the U.S. delivery firm could end up on China's upcoming list of companies that harm national interests. ...

Lawyers for Huawei CFO urge Canada's Justice Minister to withdraw extradition proceedings

Mon, Jun 24, 2019

Lawyers for Huawei's chief financial officer, who is being detained in Vancouver on U.S. fraud charges against her, on Monday urged Canada's Minister of Justice to reconsider whether to withdraw the extradition proceedings. ...

Avianca Brasil loses slots in Sao Paulo's domestic airport

Mon, Jun 24, 2019

Brazil's civil aviation regulator will take back grounded airline Avianca Brasil's slots in Sao Paulo's coveted domestic airport as part of a plan to redistribute them later, according to a decision published in the government's official gazette on Monday. ...

Facebook's Clegg rejects break-up calls, prefers more regulation

Mon, Jun 24, 2019

Facebook dismissed calls for a break-up of the world's biggest social network and other big internet companies on Monday, saying this would not tackle issues such as privacy, attempts to influence elections or harmful content. ...

Bristol-Myers plans to divest Celgene's psoriasis drug

Mon, Jun 24, 2019

Bristol-Myers Squibb Co on Monday offered to divest Celgene Corp's psoriasis treatment Otezla to allay concerns raised by the U.S. competition regulator, and pushed back the closing of their $74 billion deal. ...

Amazon's new beauty store for professionals poses threat to beauty retailers

Mon, Jun 24, 2019

Amazon.com Inc on Monday unveiled its online professional beauty store to sell supplies to licensed professional stylists, barbers and estheticians, weighing on shares of other beauty retailers. ...

Oil prices down 1% as demand fears rise, Mideast tensions ease

Mon, Jun 24, 2019

Oil prices fell about 1% on Monday as crude demand concerns resurfaced and the possibility of an imminent conflict between the United States and Iran began to fade. ...

Supreme Court invalidates law banning foul language trademarks

Mon, Jun 24, 2019

(Editor's note: contains language that some readers may find offensive, paragraphs 2, 11, 15.) ...

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