Category: finance
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Apple Seeks to Dismiss Apple Pay Trade Secrets and Racketeering Lawsuit Filed by Fintiv
Apple Pushes to End Racketeering and Trade Secrets Lawsuit Over Apple Pay ATLANTA, Oct. 28, 2025 — Tech giant Apple Inc. (NASDAQ: AAPL) has asked a federal judge in Atlanta to dismiss a high-profile racketeering and trade secrets lawsuit filed by Fintiv Inc., which accuses Apple of stealing proprietary technology used to build its widely
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Texas Sues Johnson & Johnson and Kenvue, Alleging Concealment of Tylenol’s Autism Risks During Pregnancy
Texas Attorney General Files Lawsuit Alleging Concealment of Tylenol Risks AUSTIN, Texas, Oct. 28, 2025 — Texas Attorney General Ken Paxton has filed a major lawsuit against Johnson & Johnson (J&J) and its consumer health spinoff Kenvue, alleging that the companies knowingly concealed evidence linking the use of Tylenol (acetaminophen) during pregnancy to an increased
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Straumann’s Organic Sales Rise 8.3% in Q3, Beating Estimates Despite China Weakness
Straumann Outperforms Market Expectations with 8.3% Organic Growth BASEL, Oct. 29, 2025 — Swiss dental implant leader Straumann Holding AG (STMN.S) reported an 8.3% year-on-year rise in organic sales for the third quarter, slightly topping analyst forecasts, as strong performance in North America and most Asia-Pacific markets offset weaker demand in China. Revenue climbed to
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Trump Touts South Korea and China Deals on Final Stop of Asia Tour
Trump Concludes Asia Tour with Optimism on Trade Deals with South Korea and China GYEONGJU, South Korea, Oct. 29, 2025 — U.S. President Donald Trump wrapped up the final leg of his five-day Asia tour in South Korea on Wednesday, signaling optimism over resolving key trade disputes with both Seoul and Beijing. Trump’s meetings come
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Nvidia Nears Historic $5 Trillion Valuation in AI-Fueled Rally
Nvidia Set to Become First Company Worth $5 Trillion Amid AI Surge SANTA CLARA, Calif., Oct. 29, 2025 — Nvidia (NVDA.O) is poised to open trading above a $5 trillion market capitalization, marking a historic milestone that cements the chipmaker as the undisputed leader of the global artificial intelligence revolution. Shares of the California-based company
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European Shares Hold Steady as Investors Await U.S. Fed Rate Decision and Key Earnings
European Markets Pause as Traders Await Fed’s Policy Decision LONDON, Oct. 29, 2025 — European shares were largely unchanged on Wednesday, with investors taking a cautious stance ahead of the U.S. Federal Reserve’s highly anticipated interest rate decision later in the day. The pan-European STOXX 600 index remained flat at 575.66 points (as of 0812
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Mercedes-Benz CEO Calls for ‘Animal Spirit’ to Survive Ferocious China and U.S. Auto Markets
Mercedes-Benz Embraces “Animal Spirit” to Endure Market Evolution BERLIN/FRANKFURT, Oct. 29, 2025 — Facing intensifying global headwinds, Mercedes-Benz Group AG CEO Ola Kaellenius urged investors and industry peers to adopt what he called an “animal spirit” to survive the fierce battles raging in the world’s largest car markets — China and the United States. “The
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China Reasserts It ‘Will Not Rule Out Use of Force’ Over Taiwan Ahead of Trump–Xi Summit
Beijing Toughens Its Tone on Taiwan BEIJING/TAIPEI, Oct. 29, 2025 — China issued one of its strongest warnings yet over Taiwan, declaring that it “absolutely will not” rule out the use of force to achieve reunification. The statement came just a day before U.S. President Donald Trump and Chinese President Xi Jinping are set to
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Trump Concludes Asia Tour With Trade Talks in South Korea and China
President Trump Wraps Up Five-Day Asia Tour With Key Trade Talks in South Korea and China GYEONGJU, South Korea ( October 29, 2025) — U.S. President Donald Trump wrapped up the final leg of his five-day Asia tour on Wednesday with high-stakes meetings in South Korea, focusing on trade, tariffs, and regional security. Trump’s visit
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Microsoft and OpenAI Reach Landmark Deal Valuing OpenAI at $500 Billion
Tech giants Microsoft and OpenAI have finalized a landmark deal that restructures OpenAI into a public benefit corporation, valuing the AI powerhouse at $500 billion. The agreement also gives OpenAI greater freedom to pursue business opportunities and raise capital, resolving constraints that have existed since the companies first partnered in 2019. Details of the Microsoft-OpenAI
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