U.S. judge approves SEC settlement with Tesla, Musk; shares jump

(Reuters) – A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signalling an end to a tumultuous period for investors. Tesla shares rose as much as 5.5 percent to $273.88 before easing to $271.63 in early-afternoon trade on Nasdaq. ...

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In rare campaign for Cuba, churches advocate against gay marriage

HAVANA (Reuters) – Cuban evangelical churches are collecting signatures to petition against a proposed constitutional amendment that would open the door to gay marriage, as part of an unusually strong non-governmental political campaign for the Communist-run island. Worshippers wave paper flags that read in Spanish “I am in favour of the original design. The family as God created it. Wedding ...

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Taylor Wessing Prize: Alice Mann wins with portraits of drum majorettes

Image copyright Alice Mann Alice Mann has been named the winner of this year’s Taylor Wessing Prize for her portraits of an all-female team of South African drum majorettes. It’s the first time in the competition’s history a series of pictures rather than an individual photograph has won. The £15,000 prize was awarded to Mann at the National Portrait Gallery ...

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Walmart CEO points to new company culture, cuts profit forecast

(Reuters) – Walmart Inc’s (WMT.N) chief executive officer on Tuesday urged investors to revise their view of the company’s business, touting its tech investments to grow online sales at a time that Walmart is battling Amazon.com (AMZN.O) for market share. FILE PHOTO: The logo of Walmart is seen outside of a new Walmart Store in San Salvador, El Salvador, August ...

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Immigrant caravan sparks Trump threat to cut aid to Honduras

WASHINGTON (Reuters) – U.S. President Donald Trump threatened on Tuesday to withdraw funding and aid from Honduras if it does not stop a caravan of migrants that is heading to the United States, in his latest effort to show his administration’s tough stance on immigration. Guatemalan police officers watch as Honduran migrants, part of a caravan trying to reach the ...

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John Higgins has ‘lost appetite’ for snooker after World Championship losses

John Higgins lost to Mark Williams in this year’s World Championship final John Higgins says he has lost his appetite for snooker after finishing runner-up at the past two World Championships. The 43-year-old Scot reached the final of the China Championship last month and is into the second round of the English Open after beating Li Yuan. But Higgins said: ...

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U.S. seen likely to relieve Prudential of ‘systemic’ oversight

WASHINGTON (Reuters) – A panel of U.S. regulators is seen as likely to relieve Prudential Financial Inc (PRU.N) from stricter oversight when it meets on Tuesday, in a move that could reduce the insurance company’s regulatory costs. John Strangfeld, Chairman and Chief Executive Officer of Prudential Financial Inc speaks at an S&P Global Ratings conference in New York City, New ...

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Nigeria’s Senate to probe alleged $3.5 billion NNPC fuel subsidy fund

ABUJA (Reuters) – Nigeria’s upper house of parliament plans to investigate an alleged $3.5 billion fuel subsidy fund at state-oil firm NNPC, lawmakers said on Tuesday. FILE PHOTO: The Nigeria National Petroleum Corporation (NNPC) headquarters are seen in Abuja, Nigeria December 5, 2017. REUTERS/Afolabi Sotunde/File Photo The Senate alleges NNPC used the fund to subside the price of imported petrol ...

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