Author: IA PressRoom

One of golf’s greatest tests will unfold starting on Thursday, when the U.S. Open begins at the Los Angeles Country Club. It might be an easier lift — it will assuredly be a shorter one — than the test that is emerging in Washington.The abrupt announcement last week that the PGA Tour will tie itself to Saudi Arabia’s sovereign wealth fund and its LIV Golf league is provoking American officials in ways as predictable as they might be persistent in the months ahead.Antitrust experts are insisting that the Justice Department should consider suing to stop the agreement, which calls for…

Analog Devices introduces signal processing solution for next-gen communications

(Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Key takeaways Over 7,000 subreddits have closed in protest of Reddit’s new API charges CEO Steve Huffman has defended the move, saying generative AI apps have forced the move for Reddit to survive as a company It’s another raised eyebrow from investors ahead of Reddit’s rumored IPO later this year If you headed over to Reddit right now, many of your favorite subreddits would be closed. The so-called Reddit blackout has taken hold of the popular forum, which often refers to itself as the ‘front page of…

JPMorgan is terminating its relationship with Odey Asset Management, the last of the big banks to cut ties with the firm in the wake of sexual misconduct allegations against its founder Crispin Odey.The US bank’s move added to the turmoil to hit the firm, which told clients it had closed Odey’s Swan fund and had stopped investors from withdrawing money from two others run by its subsidiary, Brook Asset Management, because of a higher volume of requests to withdraw. JPMorgan has served notice on both its prime broking and its custody agreements with Odey Asset Management, according to people familiar…

© Reuters. FILE PHOTO: Bunge Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration By Karl Plume and Anirban Sen CHICAGO (Reuters) -U.S. grains merchant Bunge (NYSE:) and Glencore-backed Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close regulatory scrutiny. The deal brings the combined company closer in global scale to leading rivals Archer-Daniels-Midland and Cargill, valuing Bunge and Viterra at about $17 billion each. Bunge shareholders, however, will own about 70% of the combined company,…

An Illinois bill that outlaws the banning of books in public libraries in the state was signed into law by Gov JB. Pritzker on June 12, 2023.The new Illinois law will go into effect on Jan. 1 2024, and any libraries that don’t follow the law will be ineligible for state funding.Attempts to censor library books reached a 20-year-high in 2022, according to the American Library AssociationIllinois Gov. J.B. Pritzker on Monday signed into law a bill that he says will make Illinois the first state in the nation to outlaw book bans.Illinois public libraries that restrict or ban materials…

Cava Group, the Mediterranean-focused fast-casual restaurant chain, raised the proposed price range for its initial public offering on Monday as it gears up for a deal that’s expected to start trading on Thursday.Cava CAVA, is planning to offer 14.4 million shares priced at $19 to $20 each, up from a previous range of $17 to $19. With 111.4 million shares to be outstanding once the deal closes, it will have a valuation of $2.2 billion at the top of that range. The company is planning to list on the New York Stock Exchange under the ticker CAVA. JPMorgan, Jefferies and Citigroup…

If you’re looking for a hint for today’s Wordle, start with your opening guess. Then, keep eliminating as many letters as possible. Warning: There are spoilers for today’s Wordle answer below. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app It’s a new day and a new Wordle — for the seven hundred and twenty-fourth time.Below, find hints, tips, and tricks to solve today’s Wordle, plus the answer. To skip straight to the answer, scroll down.Wordle HintsA big key to solving the day’s puzzle is…

The Croatian government put pressure on insurer Allianz and threatened it with regulatory action after a local pension fund it controls pulled out of a deal that involved a €500mn payment to Kremlin-controlled Sberbank.The Russian bank has been trying to find a buyer for its 42.5 per cent stake in Fortenova, a retailer and food producer that is Croatia’s biggest employer, with 45,000 staff and €5.2bn of sales, and a key food supplier across the region. The government’s preferred option last autumn was for Sberbank to sell to a group of Croatian pension funds, the biggest of which was AZ,…

3/3 © Reuters. FILE PHOTO: Southwest Airlines planes are show at San Diego International airport in San Diego, California, U.S., May 18, 2023. REUTERS/Mike Blake 2/3 (Reuters) -North American pilots are pushing for better pay and working conditions during their talks over new employment contracts with company managements. Members at some unions have voted to authorize a strike if a new contract isn’t reached. The aggressive posture comes at a time of pilot shortages and a rise in public support for unions. The following is the status of contract negotiations at various companies: AMERICAN AIRLINES GROUP INC: Pilots at American…