Author: IA PressRoom

© Reuters. FILE PHOTO: The Gap logo is seen on the front of the company’s store on Oxford Street in London, Britain, July 1, 2021. REUTERS/John Sibley By Daniel Wiessner (Reuters) – The Gap Inc (NYSE:) on Thursday beat a shareholder lawsuit claiming the company’s directors breached their duties by making misleading statements in securities filings about the retailer’s commitment to racial diversity in its leadership ranks. An en banc panel of the 9th U.S. Circuit Court of Appeals in a 6-5 ruling said The Gap can enforce a corporate bylaw requiring shareholder derivative litigation to be filed in Delaware…

Source: AdobeQatar needs to make some “major improvements,” on how it responds to terrorist financing, according to a global money laundering and terrorist financing watchdog.The Financial Action Task Force accused Qatar of not having enough controls and needs to better understand “more complex forms of money laundering and terrorist financing,” according to a report released by the watchdog on Wednesday.  The report summarized anti-money laundering and counter-terrorist financing measures from an on-site visit from June 19 to July 7, 2022, according to the report. Qatar has “a good overall understanding of money laundering and terrorism risks,” at the national level, the watchdog…

CNN  —  An Oath Keeper who acted as part of a security detail on January 6 for Roger Stone before rushing to join the riot at the Capitol was sentenced to more than four years in prison Thursday for seditious conspiracy. Roberto Minuta, who prosecutors described as one of Oath Keepers leader Stewart Rhodes’ “most trusted men,” was not initially at the Capitol but sped over in a golf cart when he learned of the breach, prosecutors said. Once inside, he joined a crowd pushing against police and screamed, “This was bound to happen.” Prosecutors showed jurors violent messages and…

Stewart Information declares $0.45 dividend

When you buy through our links, Insider may earn an affiliate commission. Learn more. Disney Plus is a streaming service with a big library of on-demand shows and movies from Disney’s many brands. Since November 2019, the service has amassed more than 164 million subscribers.Disney Plus has classic content from Disney’s vault and new programs developed exclusively for members. Subscribers can watch the studio’s animated films, new Pixar movies, and titles from “Star Wars” and Marvel franchises. Big-screen releases, like “Ant-Man and the Wasp: Quantumania,” also stream on Disney Plus after they play in theaters.Subscriptions start at $8/month for ad-supported…

UNITED STATES – MAY 2: Joe Manchin, D-W.Va., during the Senate Energy and Natural Resources … [+] Committee hearing on on Tuesday, May 2, 2023. (Tom Williams/CQ-Roll Call, Inc via Getty Images)CQ-Roll Call, Inc via Getty Images Two Democratic senators, along with a former Democratic colleague, voted with Republicans to repeal President Joe Biden’s sweeping student loan forgiveness plan. Although Democrats control the Senate, the three defections allowed the GOP-led repeal effort to pass. The measure now heads to President Biden, who has promised to veto it. Bill Would Repeal Student Loan Forgiveness And Reverse Student Loan Pause The bill,…

© Reuters. FILE PHOTO: The logo for Lululemon Athletica is seen at a store in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly (Reuters) -Lululemon Athletica Inc raised its annual sales and profit forecasts on Thursday, betting on strong demand for its activewear from affluent U.S. shoppers and a recovery in China, sending its shares up 11% in extended trading. The pandemic-era appetite for comfortable clothing and activewear seems to have turned into a habit, helping companies such as Lululemon and Nordstrom Inc (NYSE:) avoid a wider slump in discretionary spending. Lululemon is also banking on new launches and…

© Reuters. FILE PHOTO: Tolga Oncu, head of retail at Ingka group which owns most IKEA stores worldwide, speaks with his staff after his interview with Reuters inside an IKEA store in Mumbai, India, November 28, 2022. REUTERS/Abhirup Roy/File Photo By Marie Mannes STOCKHOLM (Reuters) – IKEA stores owner Ingka group has announced the official start of work on its delayed first store in New Zealand, which it predicts will be followed by other outlets as the Asia-Pacific region recovers from the COVID-19 pandemic and macro-economic shocks. In a filing in 2022 the company referred to a proposed opening date…

© Reuters. FILE PHOTO: U.S. Trade Representative Katherine Tai addresses the media during the Indo-Pacific Economic Framework meeting in Detroit, Michigan U.S. May 27, 2023. REUTERS/Rebecca Cook/ By Marcelo Teixeira NEW YORK (Reuters) – A group of U.S. congressmen have formally complained about what they call unfair ethanol trade practices by Brazil that includes a blockade of U.S. companies seeking to take part in the Brazilian low-carbon biofuel program RenovaBio. The bipartisan group of 21 members of the U.S. Congress are asking Trade Representative (USTR) Katherine Tai to address the Brazilian tariffs on U.S. ethanol and the non-tariff barrier created…

President Biden tripped and fell after delivering a speech and handing out diplomas to graduates of the Air Force Academy in Colorado Springs on Thursday. Mr. Biden, who is 80 years old, was helped up and appeared to recover quickly.Mr. Biden’s fall was captured on video and spread on social media. He appears to trip, fall to his knees and catch himself with his hands on the floor of the riser. He was helped up by several people and walked back to his seat.Mr. Biden had delivered an energetic speech to the Air Force graduates before helping to hand out…