Amazon hit with $122 mln US verdict in internet-advertising patent case By Blake Brittain June 14 (Reuters) - Amazon AMZN.O must pay nearly $122 million for violating another company's rights in targeted internet advertising technology, a Texas federal jury said on Friday. After a week-long trial, jurors in Waco, Texas, agreed with patent owner AlmondNet Inc that elements of Amazon's advertising platform infringe two AlmondNet patents related to personalized ad targeting.

Wall St Week Ahead-Retail stocks search for direction as rates stay high By David Randall and Lewis Krauskopf NEW YORK, June 14 (Reuters) - Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies have been dented by months of tight monetary policy while a select few have soared. The S&P 500 Consumer Discretionary Distribution & Retail index .SPXRT is up nearly 14% this year, roughly keeping pace with the S&P 500’s year-to-date gain.

RPT-BUZZ-U.S. STOCKS ON THE MOVE-Gold miners, Hasbro, VinFast Repeats to widen distribution with no change to text Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 June 14 (Reuters) - U.S. stock indexes fell on Friday, with the Nasdaq and the S&P 500 slipping from record highs as investors booked profits and weighed hawkish Federal Reserve projections against slowing economic data

Amazon accused of audiobook monopoly in author class action By Mike Scarcella June 14 (Reuters) - Amazon.com AMZN.O is facing a proposed class action claiming it has monopolized the retail market for audiobooks, leading authors to overpay for the distribution of their works. The Seattle federal court lawsuit from author Christine DeMaio, who publishes under the name CD Reiss, said Amazon is violating U.S.

African, Inter-American development banks on $20 bln IMF reserve asset donor drive AfDB seeks SDR donors from around world Plan to turn $20 bln reserve assets into $80 bln funding Eyeing mass expansion of guarantees, hedging instruments Warning resource-backed loans a 'disaster for Africa' By Marc Jones LONDON, June 14 (Reuters) - The heads of the African and Inter-American Development banks are touring North America, the Middle East, Korea and Brazil in a bid to secure $20 billion of IMF reserv