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New York Times business news - July 26

PRESS DIGEST-New York Times business news - July 26 July 26 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - OpenAI is testing an AI-powered search engine called SearchGPT that can access information from across the internet in real time, it said in a blog post on Thursday.
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California top court upholds ballot measure treating Uber, Lyft drivers as independent contractors

UPDATE 2-California top court upholds ballot measure treating Uber, Lyft drivers as independent contractors Adds Uber and SEIU statements in paragraphs 4-6, additional background in paragraphs 9-12 By Daniel Wiessner and Brendan Pierson July 25 (Reuters) - California's top state court on Thursday upheld a measure approved by voters allowing app-based services such as Uber UBER.N and Lyft LYFT.O to consider drivers in the most populous U.S.
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California top court upholds ballot measure treating Uber, Lyft drivers as independent contractors

California top court upholds ballot measure treating Uber, Lyft drivers as independent contractors July 25 (Reuters) - California's top state court on Thursday upheld a measure approved by voters allowing app-based services such as Uber UBER.N and Lyft LYFT.O to consider drivers in the most populous U.S. state as independent contractors rather than as employees entitled to greater benefits.
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Lyft officials settle lawsuit over sexual assaults by drivers

Lyft officials settle lawsuit over sexual assaults by drivers By Jonathan Stempel July 24 (Reuters) - Lyft LYFT.O will implement several safety and governance reforms to settle a shareholder lawsuit accusing the ride-sharing company's officers and directors of not doing enough to stop drivers from sexually and physically assaulting passengers. A preliminary settlement was filed on Tuesday night in the Oakland, California, federal court, and requires a judge's approval.
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Sustainable Switch: What are Kamala Harris’ ESG views?

Sustainable Switch: What are Kamala Harris’ ESG views? By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com Hello! As United States Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election, we break down her views and actions related to some key environment, social and governance topics.
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What are Harris' business views? Friendly to Big Tech, aggressive in climate fight

EXPLAINER-What are Harris' business views? Friendly to Big Tech, aggressive in climate fight Updates section on Wall Street supporters with information from source WASHINGTON, July 22 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics.
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What are Harris' business views? Friendly to Big Tech, aggressive in climate fight

EXPLAINER-What are Harris' business views? Friendly to Big Tech, aggressive in climate fight Updates section on Wall Street supporters with information from source WASHINGTON, July 22 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics.
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What are Harris' business views? Friendly to Big Tech, aggressive in climate fight

EXPLAINER-What are Harris' business views? Friendly to Big Tech, aggressive in climate fight Adds sections on Wall Street, Pharma, additions to Climate and Energy WASHINGTON, July 22 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics.
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What are Harris' business views? Friendly to Big Tech, aggressive in climate fight

EXPLAINER-What are Harris' business views? Friendly to Big Tech, aggressive in climate fight Adds sections on Wall Street, Pharma, additions to Climate and Energy WASHINGTON, July 22 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics.
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Serve Robotics continues surge after Nvidia reveals 10% stake

BUZZ-Serve Robotics continues surge after Nvidia reveals 10% stake ** Serve Robotics' SERV.O shares soar ~66% premarket to $12.50 on strong volume in wake of chip giant Nvidia's NVDA.O investment disclosure ** Nearly 11 mln SERV shares have traded by 6:30 am ET, making them the most active across U.S. exchanges ** SERV shares more than tripled on heavy volumes on Fri before ending session up ~187% at $7.55 after NVDA revealed 10% stake in the automatic sidewalk delivery firm ** Co has ~37.1 mln
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Harris' business views: friendly to Big Tech, aggressive in climate fight

EXPLAINER-Harris' business views: friendly to Big Tech, aggressive in climate fight Updates headline WASHINGTON, July 21 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. TECH REGULATION As California attorney general, Harris sued eBay EBAY.O in 2012, alleging anticompetitive hiring practices surrounding a no-poaching agreement with Intuit
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Harris' business views: friendly to Big Tech, aggressive in climate fight

EXPLAINER-Harris' business views: friendly to Big Tech, aggressive in climate fight Updates headline WASHINGTON, July 21 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. TECH REGULATION As California attorney general, Harris sued eBay EBAY.O in 2012, alleging anticompetitive hiring practices surrounding a no-poaching agreement with Intuit
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U.S. Vice President Harris' views on business issues

EXPLAINER-U.S. Vice President Harris' views on business issues WASHINGTON, July 21 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. TECH REGULATION As California attorney general, Harris sued eBay EBAY.O in 2012, alleging anticompetitive hiring practices surrounding a no-poaching agreement with Intuit INTU.O that led to a nearly $4 million
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Serve Robotics triples after Nvidia's investment disclosure

BUZZ-Serve Robotics triples after Nvidia's investment disclosure Updates stock activity, changes headline ** Shares of Serve Robotics SERV.O soar as much as 218% to $8.36 on Fri after chip giant Nvidia NVDA.O disclosed investment in automatic sidewalk delivery firm ** NVDA said in SEC filing late Thurs it bought 62,500 shares for $4/sh in Jul 2023, and invested in co again in Apr, converting promissory note into ~1.1 mln shares at $2.42 a piece ** NVDA owns ~3.7 mln SERV shares for ~10% stake **
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Serve Robotics surges after Nvidia's investment unveil

BUZZ-Serve Robotics surges after Nvidia's investment unveil ** Shares of Serve Robotics SERV.O surge ~80% premarket to $4.74 after Nvidia NVDA.O disclosed investment in the co ** NVDA said in SEC filing late Thurs it bought 62,500 shares of automatic sidewalk delivery firm for $4/sh in Jul 2023 ** In Apr, NVDA invested in co again, converting a promissory note into ~1.1 mln shares at $2.42 a piece ** NVDA owns ~3.7 mln SERV shares for ~10% stake ** SERV made its public debut in Mar under the OTC
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JB Hunt sell-off puts pressure on transport sector after rally

UPDATE 1-JB Hunt sell-off puts pressure on transport sector after rally Updates prices at 2:28 p.m ET/ 1828 GMT, adds commentary By Sinéad Carew July 17 (Reuters) - Shares in JB Hunt Transport Services JBHT.O dropped more than 6% on Wednesday, on course to snap a five-day rally and weighing heavily on the broader transportation sector after the trucking company's quarterly report missed expectations.
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Uber's UK court win over tax on rival apps overturned on appeal

Uber's UK court win over tax on rival apps overturned on appeal LONDON, July 15 (Reuters) - Uber's UBER.N rival taxi operators will not face a 20% tax charge on their profit margins outside of London after a court on Monday overturned a ruling that private-hire operators enter into a contract with passengers. Uber had brought the case following a 2021 decision by the United Kingdom's Supreme Court that its drivers were workers, which had an impact on Uber's tax and other obligations.
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New York City poised to clamp down on Uber, Lyft driver lockouts-Bloomberg News

MEDIA-New York City poised to clamp down on Uber, Lyft driver lockouts-Bloomberg News -- Source link: https://bit.ly/3Y4AkXQ -- Note: Reuters has not verified this story and does not vouch for its accuracy
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India antitrust probe finds Apple abused position in apps market

EXCLUSIVE-India antitrust probe finds Apple abused position in apps market India latest in growing antitrust scrutiny of Apple globally India investigation says Apple policies hurt developers Apple has argued it is too small a player in India Company can argue against India findings in coming weeks By Aditya Kalra NEW DELHI, July 12 (Reuters) - An investigation by India's antitrust body has found that Apple exploited its dominant position in the market for app stores on its iOS operating system,
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US firms bet on Paris Olympics with new stores, marketing push

FACTBOX-US firms bet on Paris Olympics with new stores, marketing push July 12 (Reuters) - U.S. companies from Nike to Warner Bros are opening new stores and holding big marketing events in Paris before and during the Olympics, betting that excitement for the summer games can help boost their sales. Comcast's CMCSA.O NBCUniversal said that International Olympic Committee (IOC) sponsors spent 18% for the latest Olympics compared to the 2021 summer Olympics in Tokyo.
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