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US FTC refers complaint against TikTok to Justice Department Jun 18, 2024 03:48PM

(Reuters) - The U.S. Federal Trade Commission said on Tuesday it had referred a complaint to the Justice Department against the social media platform TikTok and its parent company ByteDance over potential violations of the Children's Online Privacy Act.

In March, a source told Reuters the FTC could resolve a probe into TikTok over allegedly faulty privacy and data security practices by either filing suit or reaching a settlement.

"The... (continue reading...)


Amazon-aggregator Thrasio emerges from bankruptcy, appoints CEO Jun 18, 2024 03:41PM

(Reuters) - Amazon-aggregator Thrasio said on Tuesday it has emerged from the Chapter 11 bankruptcy and appointed Stephanie Fox as chief executive officer.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Shilpi Majumdar)


Houthis believed to have sunk second ship in the Red Sea, UKMTO says Jun 18, 2024 03:36PM

By Adam Makary and Lisa Baertlein

CAIRO/LOS ANGELES (Reuters) - Yemen's Houthi militants are "believed to have sunk" a second ship in the Red Sea, the United Kingdom Maritime Trade Operations (UKMTO) said on Tuesday.

The Houthis and other sources previously identified the damaged ship as the Greek-owned Tutor. It was struck by missiles and an explosive-laden remote-controlled boat on June 12 and had been taking on water. One crew member... (continue reading...)


J&J hit with new class action over talc seeking medical monitoring for cancer Jun 18, 2024 03:24PM

By Brendan Pierson

(Reuters) - Johnson & Johnson is facing a new proposed class action seeking damages and medical monitoring on behalf of women who have been diagnosed with cancer, or might develop it in the future, allegedly as a result of using the company's baby powder and other talc products.

The lawsuit, filed on Monday in New Jersey federal court, is the first to seek medical monitoring, or regular testing meant to catch cancer... (continue reading...)


Ford tests shipping cars from Mexico's Guaymas port to cut logistics costs Jun 18, 2024 03:10PM

MEXICO CITY (Reuters) -Ford shipped out its first batch of cars from the once-ignored Guaymas port near its plant in the northern Mexican state of Sonora on Tuesday, in a project that, if fully launched, could cut its logistics costs by 30%.

The initial shipment of pick-ups and Broncos, headed for Chile, is part of a broader re-vamp of the Guaymas port, an infrastructure project headed by outgoing President Andres Manuel Lopez Obrador.

Ford... (continue reading...)


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