NEW YORK - Donald Trump's defense lawyers on Tuesday rested their case at his criminal trial on charges stemming from hush money paid to a porn star without calling the former U.S. president as a witness.
Taking the stand would have given Trump, the Republican candidate for the Nov. 5 U.S. presidential election, the chance to defend himself against the 34 criminal counts he faces for allegedly falsifying business records.
Prosecutors... (continue reading...)
BOSTON (Reuters) - A group of state financial officers and other public and labor leaders on Tuesday called for major asset managers to vote against top Exxon directors, citing the company's lawsuit against climate activists.
The group including California Treasurer Fiona Ma and New York City Comptroller Brad Lander called for votes against Exxon CEO Darren Woods and the company's lead independent director Joseph Hooley, saying in a statement Exxon's... (continue reading...)
(Reuters) - Toyota Motor's North America arm is seeking tax relief for a potential $531.7 million investment in its Texas facility, the San Antonio Express-News reported citing public record filings on Tuesday.
The Japanese automaker plans to construct a new building, add 411 jobs and potentially expand its existing plant in San Antonio, Texas that manufactures the Toyota Tundra pickup truck and Sequoia SUV, the report said.
Major... (continue reading...)
(Reuters) - Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron.
Chevron last October offered to acquire Hess in a move to gain a foothold in oil-rich Guyana's lucrative offshore fields. However, the deal has been stalled due to a conflict with Exxon Mobil and pending regulatory approval by the Federal Trade Commission.
All three lawsuits seek to further... (continue reading...)
(Reuters) - Amazon.com's cloud services unit has paused orders of Nvidia's most advanced "superchip" to wait for a more powerful new model, the Financial Times reported on Tuesday.
The new model called Blackwell, the chip sector heavyweight's new flagship AI processor, is expected to ship later this year, Nvidia said in March.
Amazon Web Services, the world's largest cloud services firm, had "fully transitioned" its previous orders for... (continue reading...)
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