Category: block
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Cancer victims lose bid to block proposed J&J talc bankruptcy By Reuters
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Written by Brendan Pearson (Reuters) – A federal judge on Friday rejected a group of cancer victims’ bid to block Johnson & Johnson from pursuing a proposed bankruptcy settlement of tens of thousands of lawsuits alleging that the company’s baby powder and other talc products contain cancer-causing asbestos. On June…
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Texas wins court block on Biden overtime pay rule
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Written by Danielle Wiesner (Reuters) – A federal judge in Texas on Friday temporarily blocked a Biden administration rule from going into effect that would extend mandatory overtime pay to four million salaried American workers. U.S. District Judge Sean Jordan in Sherman, Texas, said a rule drawn up by the…
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Ex-BOC chairman raises stake, wins rights to block his buyout
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Former Bank of China chief Ngugi Kiona raised his stake in the company to 11.2% in the year to March 2024 from 8.56% the previous year, putting it above the threshold required to prevent a compulsory purchase of his shares in the subject company. From the takeover offer. BOC’s 2023…
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Appeals court does not block US mandate to cover cancer screenings, HIV drugs By Reuters
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Written by Brendan Pearson (Reuters) – A U.S. appeals court on Friday declined to block a federal order requiring health insurers to cover preventive care services such as cancer screenings and HIV prevention drugs at no additional cost to patients, but ruled against the government in a major legal case…
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Fossil fuel producers, corn growers sue to block new Biden vehicle emissions rule
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3alexd Biofuels groups joined oil and gas producers this week Prosecute They are seeking to block the Biden administration’s new tailpipe emissions standards that they say would effectively end the sale of new gas-powered vehicles by 2032. American Petroleum Institute The National Corn Growers Association, the American Farm Bureau Federation…
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Tokyo apartment block to be demolished for blocking Mt. Fuji view
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A newly constructed apartment building in a Tokyo suburb will be demolished in the month before the apartments are handed over to buyers, after angry locals complained that the building blocked their view of Mount Fuji. The 10-story apartment building on Fujimi Street — which translates to “Fuji View” —…
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Gavin Wood Reveals Polkadot JAM, Moving Towards A Transaction-less Decentralized Web With 6 Second Block Finality.
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In an industry driven by constant innovation and the quest for scalability, Gavin Wood’s latest announcement about Polkadot JAM (Join-Accumulate Machine) represents a significant leap forward for the blockchain community. With Wood’s reputation as a co-founder of Ethereum and the visionary behind Polkadot, his efforts to address the key challenges…
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Gavin Wood Reveals Polkadot JAM, Moving Towards A Transaction-less Decentralized Web With 6 Second Block Finality.
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In an industry driven by constant innovation and the quest for scalability, Gavin Wood’s latest announcement about Polkadot JAM (Join-Accumulate Machine) represents a significant leap forward for the blockchain community. With Wood’s reputation as a co-founder of Ethereum and the visionary behind Polkadot, his efforts to address the key challenges…
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ASIC Fails to Impose Any Penalty on Block Earner for Unlicensed Offerings
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A federal court in Australia has favored Block Earner, a cryptocurrency company, by relieving it of the responsibility to pay a fine for offering interest-bearing cryptocurrency products without a proper license. Organizational disappointment? The ruling today (Tuesday) follows action by the Australian Securities and Investments Commission (ASIC) against Web3 Ventures…
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TikTok, ByteDance sue to block US law seeking sale or ban of app By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – TikTok and its Chinese parent company ByteDance said on Tuesday they had filed suit in a U.S. federal court seeking to block a law signed by President Joe Biden that would force the short-video app used by 170 million Americans to be withdrawn…
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Pinewood Beach Resort appeals to block KCB takeover
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The owner of Pinewood Beach Resort and Spa has moved to the Court of Appeal to prevent a reception manager appointed by KCB Bank from taking over the establishment in Kwale. In an application dated May 3, ITCO Investments Ltd, which runs the hotel, said there was a real risk…
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US Prosecutors Probe Jack Dorsey’s Block over Compliance Concerns: Report
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US federal prosecutors are investigating the financial dealings of Block, the company co-founded by Jack Dorsey, according to NBC News. Findings from internal documents reportedly point to compliance issues at Square and Cash App. Documents provided by a former employee reportedly highlighted inadequate customer information collection and transaction processing related…