Lawmakers press for more scrutiny over China's 'malign influence' at development bank
Lawmakers intent on reducing China’s influence on the U.S. economy are seeking to push the Treasury Department to reduce the scale of Beijing’s influence at the Inter-American Development Bank, which supports economic and social development in Latin America and Caribbean
2023-07-26 00:58
Nigeria's suspended Central Bank governor appears in court more than a month after his arrest
Nigeria's suspended Central Bank governor has appeared in court in the economic hub of Lagoon on charges of illegal possession of a firearm and live ammunition
2023-07-26 00:21
No successor named for Lebanon central bank chief: deputy PM
Crisis-hit Lebanon -- which has no president and is ruled by a caretaker government -- will also have to go without a central bank chief from next...
2023-07-25 23:30
Chevy Bolt EV Returns From Near-Death as GM Prepares New Model
When General Motors Co. said recently that it would cease production of the Chevrolet Bolt this year, it
2023-07-25 23:28
Meta, Microsoft, hundreds more own trademarks to new Twitter name
Billionaire Elon Musk's decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft (already have intellectual property rights to the same letter.
2023-07-25 23:27
'Sound of Freedom' is a box office hit. It has an unusual ticket strategy
"Sound of Freedom," a movie about a US federal agent who quit his job to chase child sex traffickers, has become what is, by the numbers, a summer blockbuster, taking in around $125 million in theaters since its debut. But it's relying on an unusual strategy to boost ticket sales.
2023-07-25 23:23
Analysis-Argentine IMF concessions risk further fueling red hot inflation
By Lucinda Elliott, Anna-Catherine Brigida and Rodrigo Campos BUENOS AIRES Argentina's last-ditch effort to secure International Monetary Fund
2023-07-25 22:54
AP PHOTOS: Unrest grips Israel as the parliament adopts a law weakening the Supreme Court
TEL AVIV, Israel (AP) — The Israeli government’s adoption of the first part of a controversial judicial overhaul on Monday unleashed turbulence in the streets of Israel and in the halls of the Knesset.
2023-07-25 22:46
Barbenheimer could be the one-two movie punch that blasts away the superhero smash
Not only did the one-two punch of Barbie and Oppenheimer, crowned by America as "Barbenheimer," leave audiences enraptured this past weekend, but the double feature's opening box office performance could have seriously challenged the movie might of superhero blockbusters.
2023-07-25 21:55
Morgan Stanley cuts Israel sovereign credit to "dislike stance" after judiciary changes
By Marc Jones LONDON (Reuters) -Morgan Stanley cut Israel sovereign credit to a "dislike stance" on Tuesday after the country's
2023-07-25 21:46
Elon Musk’s ‘X’ already trademarked by Mark Zuckerberg’s Meta for ‘social networking services’
Elon Musk may face legal difficulties after rebranding Twitter to X, trademark experts have warned, with tech rivals Meta and Microsoft both owning intellectual property rights for the letter. The tech billionaire renamed the social network on Monday, nine months after taking over the company in a $44 billion deal. The name change forms part of his plan to turn the platform into an “everything app”, which will offer services akin to China’s WeChat and India’s PayTM. X chief executive Linda Yaccarino said the company wanted to “transform the global town square” to integrate payments, banking and create a “global marketplace for ideas, goods, services, and opportunities”. Before achieving this goal, however, IP lawyers claim Mr Musk’s firm may face challenges from its competitors. “There’s a 100 per cent chance that Twitter is going to get sued over this by somebody,” US trademark lawyer Josh Gerben told Reuters, noting that there are nearly 900 active US trademark registrations that already cover the letter X. These include Mark Zuckerberg’s Meta, which owns a federal trademark for a blue-and-white letter ‘X’ relating to “social networking services in the fields of entertainment, gaming and application development”. Microsoft also has registered trademarks for the letter ‘X’ relating to its Xbox video game console. Neither company responded to a request for comment. Mr Musk first owned the X.com domain in 1999, when he founded a financial services company that later went on to become PayPal. He reacquired the domain in 2017 after making a deal with his former company, before tweeting in October 2022 that buying Twitter was “an accelerant to creating X, the everything app”. It is not clear whether Mr Musk has applied for a trademark for X, but if he succeeds he may still face difficulties in protecting the registered rights against other brands using the letter. “The very essence of trade mark registration is obtaining an exclusive right to the brand that is registered,” Matthew Harris, a trademark lawyer with Pinsent Masons, told The Independent. “It may be difficult to obtain for Elon Musk under the ‘X’ rebrand, not to mention the difficulty, should he obtain registered protection, in trying to enforce any registered rights in ‘X’ against other brands using a similar name.” Read More What is Elon Musk’s ‘everything app’ X? Twitter to X: Why Elon Musk rebranded the social networking platform Twitter rebrands to X as Elon Musk loses iconic bird logo What is Elon Musk’s ‘everything app’ X?
2023-07-25 20:56
Twitter's rebrand is the next stage in Elon Musk's vision for the company. But does anyone want it?
Elon Musk's move over the weekend to rebrand Twitter and replace its iconic bird logo with an X is just the latest step in his effort to make over the billionaire's longtime favorite platform in his image.
2023-07-25 20:26