Abercrombie and Ex-CEO Sued Over Sex Trafficking Accusations 

Oct. 27 By Daniel Wiessner and Katherine Masters (Reuters) – A group of once-aspiring Abercrombie & Fitch models on Friday sued the retailer and its former chief executive officer, Michael Jeffries, alleging the company had benefited from a sex trafficking operation led by Jeffries. Former…

Republican Mike Johnson Elected US House Speaker, Ending Leadership Vacuum 

Oct. 25 By David Morgan, Moira Warburton and Makini Brice WASHINGTON (Reuters) -The U.S. House of Representatives elected Republican Mike Johnson, a conservative with little leadership experience, as speaker on Wednesday, ending a turbulent three weeks that left the rudderless chamber unable to carry out…

Republican Search for New US House Leader Returns to Square One 

Oct. 23 By David Morgan and Katharine Jackson WASHINGTON (Reuters) – Republicans, whose party infighting has paralyzed the U.S. House of Representatives for three weeks, tried on Monday to find consensus on a new speaker to lead the chamber and address funding needs for Israel,…

Netflix Shares Surge on Big Subscriber Additions Despite Hollywood Strikes 

Oct. 19 By Dawn Chmielewski LOS ANGELES (Reuters) -Streaming pioneer Netflix showed resilience by gaining more quarterly subscribers than in the past three years despite strikes by Hollywood’s writers and actors, sending its shares up 16.23% on Thursday. Netflix capitalized on its heft in global…

ECB Starts Preparation for Digital Euro in Multi-Year Project 

Oct. 18 By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single currency make electronic payments securely and free…