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Investors pull $9.9 billion from hedge funds in March - Nasdaq eVestment May 6, 2024 02:07PM

By Nell Mackenzie

LONDON (Reuters) - Investors withdrew an estimated net $9.9 billion from hedge funds in March, up from $780 million in February and the 22nd consecutive month where industry outflows totalled more than inflows, a report from Nasdaq eVestment said on Monday.

While the scale of the March outflows was not historically high, money coming in from investors remained "consistently low" because of a "reluctance" to make... (continue reading...)


US concerned after Israeli raid of Al Jazeera operation, says State Dept May 6, 2024 02:01PM

WASHINGTON (Reuters) - The United States is "quite concerned" about Israel's shutdown of Al Jazeera's operations in the country, State Department spokesperson Matthew Miller said on Monday, a day after Israeli authorities raided a Jerusalem hotel room used as the TV station's local office.

Washington thinks Qatari-owned Al Jazeera ought to be able to operate in Israel, Miller added.

(Reporting by Humeyra Pamuk, Jasper Ward... (continue reading...)


Pentagon sees no change in Russia's strategic nuclear force posture May 6, 2024 01:45PM

WASHINGTON (Reuters) - The Pentagon has not seen a change to Russia's disposition of its strategic nuclear forces, it said on Monday, despite what it called "irresponsible rhetoric" from Moscow detailing plans for exercises involving the deployment of tactical nuclear weapons.

Russia said on Monday it would hold military drills that will include practicing the deployment of tactical nuclear weapons after what Moscow said were threats from France,... (continue reading...)


Video streaming services see downloads, active users drop in April, BofA report shows May 6, 2024 01:42PM

(Reuters) - Video streaming services saw a drop in downloads and active users during April, a research note by Bank of America showed on Monday, citing data from Sensor Tower, likely pressured by heated competition in the segment and an uncertain economic outlook.

Across all video streaming services, including Netflix, Paramount and Walt Disney, downloads and monthly active users (MAU) declined 4% in aggregate, according to the note.

WHY... (continue reading...)


New York state sues group over abortion pill reversal claims May 6, 2024 01:35PM

By Brendan Pierson

(Reuters) - New York state's top prosecutor on Monday sued Heartbeat International, an anti-abortion group, and 11 crisis pregnancy centers, accusing them of misleading and potentially endangering women by claiming that they can provide a treatment reversing the effect of the abortion pill mifepristone.

In the lawsuit, New York Attorney General Letitia James asked a state court in Manhattan to block Heartbeat... (continue reading...)


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