Meta to roll back some restrictions on Trump’s Facebook, Instagram accounts

WASHINGTON (Reuters) -Meta said on Friday it was rolling back some restrictions that had applied to former U.S. President Donald Trump’s Facebook and Instagram accounts. The social media company indefinitely suspended Trump’s accounts following his praise of people who stormed the U.S. Capitol on Jan. 6, 2021. The company then reinstated his accounts in early…

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AT&T says data from around 109 million US customer accounts illegally downloaded

By David Shepardson WASHINGTON (Reuters) -AT&T said Friday the company suffered a massive hacking incident as data from about 109 million customer accounts containing records of calls and texts from 2022 was illegally downloaded in April. The U.S. telecom company said the FBI is investigating and at least one person has been arrested after AT&T…

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JPMorgan beats profit estimates on investment banking boost

By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase beat estimates for second-quarter profit on Friday, as its investment banking business benefited from a resurgence in dealmaking and strong capital market activity. More companies are tapping capital markets to raise funds and striking takeover deals as they become confident in the U.S. economy’s ability…

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Southwest Airlines, Archer Aviation to develop operational plans for flying air taxis in California

(Reuters) – Southwest Airlines and Archer Aviation said Friday they have agreed to develop operational plans for electric air taxi networks at California airports where the Texas-based airline operates. The companies said they have signed a memorandum of understanding to collaborate on a concept of operations that lays the foundation for integrated electric air taxi…

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Ohio joins California climate plan opponents in US Supreme Court plea

By Lisa Baertlein LOS ANGELES (Reuters) – The state of Ohio on Tuesday joined oil companies and business groups asking the U.S. Supreme Court to reverse decisions that underpin California’s ambitious plans to regulate greenhouse gas emissions from cars and trucks. The Midwest state joined Valero’s Diamond Alternative Energy and other plaintiffs in challenging Environmental…

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