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October 3, 2018 12:28 PM Goldman Sachs raises stake in Spain's DIA to more than 15 percent

MADRID (Reuters) - Goldman Sachs has raised its stake in Spanish supermarket chain DIA (DIDA.MC) to 15.8 percent from 14.5 percent, a regulatory filing showed shortly after the discounter’s main shareholder disclosed it had raised its own holding close to the legal threshold for a full takeover bid. The U.S. investment bank now holds 1.5 percent of DIA directly 65

October 2, 2018 7:44 PM Toys 'R' Us lenders cancel auction, plan to revive brand

(Reuters) - The top lenders of Toys ‘R’ Us have decided to cancel the bankruptcy auction of its brand name and other intellectual property assets and instead plan to revive the Toys ‘R’ Us and Babies ‘R’ Us brand names, a court filing on Monday showed. The bankrupt retailer’s debtors aim to open a new Toys ‘R’ Us and Babies ‘R’ Us branding company that maintains 90

October 2, 2018 6:21 PM Tencent Music Files for U.S. IPO

Chinese music-streaming service could be one of the biggest tech IPOs ever Tencent Music Entertainment Group filed to go public in the U.S. on Tuesday, kicking off what could be one of the biggest initial public offerings ever for a technology company. The China-based music streaming service, part of internet giant Tencent Holdings Ltd. TCEHY -2.26% , said it has applied 75

October 1, 2018 2:03 PM U.S. Supreme Court snubs review of defamation suit against Cosby

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday rejected Bill Cosby’s bid to avoid a defamation lawsuit brought by a well-known former model who said the comedian sought to destroy her reputation after she publicly accused him of rape. The justices, acting six days after Cosby was sentenced to three to 10 years in prison in Pennsylvania for a 2004 sexual 73

September 28, 2018 11:52 PM Oracle Loses Top Cloud-Computing Executive

Thomas Kurian departs after taking a leave of absence One of Oracle Corp.’s top technical executives resigned on Friday, less than a month after he announced he was taking a leave of absence. Thomas Kurian, as president of product development at Oracle, was leading efforts to grow the company’s cloud-computing business. But the technology company disclosed 84

September 28, 2018 11:40 PM Kevin Spacey Sued by Masseur for Forcing Groin Massage

Kevin Spacey is getting sued by a masseur who claims the actor forced a rubdown of his testicles and attempted to kiss him ... TMZ has learned. The masseur, filing as John Doe, says he was called by a third party to go meet Spacey at a home in Malibu in October 2016. According to the docs, Spacey led the man to a room where he set up his massage table 93

September 28, 2018 10:45 PM CBS Says It Got Subpoenas From Prosecutors Over Moonves Allegations

The network, which disclosed the inquiries in a Securities and Exchange Commission filing, has retained two law firms to investigate CBS Corp. said Friday it received subpoenas from the Manhattan District Attorney’s Office and the New York City Commission on Human Rights regarding allegations of sexual harassment by Leslie Moonves and others, in the first 53

September 28, 2018 10:30 PM Oracle's Kurian to step down as president of product development

(Reuters) - Business software maker Oracle Corp said on Friday Thomas Kurian, its president of product development would be stepping down, effective immediately. Kurian's responsibilities have been reassigned to other senior executives, the company said in a filing. (bit.ly/2y1gO0r) Earlier this month, Oracle said Kurian was taking a break and the company 86

September 28, 2018 8:55 PM Murdochs’ Pay Surges After 21st Century Fox’s Deal With Disney

Rupert, Lachlan and James Murdoch were among executives who received large stock awards The compensation of the Murdochs running 21st Century Fox Inc. skyrocketed in the past fiscal year as top executives were given large stock awards in the wake of the company’s move to sell a number of assets to Walt Disney Co. for $71.3 billion. Rupert Murdoch, executive 58

September 27, 2018 2:48 PM U.S. Jobless Claims Rose Last Week, Reflecting Hurricane’s Impact

Claims remain at a historically low level, indicating Hurricane Florence likely had a modest impact on the labor market WASHINGTON—The number of Americans filing applications for new unemployment benefits rose last week, but remained at a historically low level, indicating Hurricane Florence likely had a fairly modest impact on the labor market 54