reuters.com

Storm Beryl kills three, knocks out power for 2.7 million in Texas ( www.reuters.com )

July 8 (Reuters) - Tropical Storm Beryl brought howling winds and torrential rain to southeast Texas on Monday, killing at least three people, flooding highways, closing oil ports, canceling more than 1,300 flights and knocking out power to more than 2.7 million homes and businesses....

Tesla investors to urge judge to reject record $7 bln legal fee in Musk pay case ( www.reuters.com )

Tesla shareholders will appear in court on Monday to argue that an unprecedented request for more than $7 billion in attorneys' fees to be paid by the company is "outlandish," the latest twist in a legal showdown over Musk's $56 billion pay package....

The battle over J&J’s bankruptcy plan to end talc lawsuits ( www.reuters.com )

After being rebuffed twice by federal courts, the $350 billion healthcare giant is attempting again to end the litigation in a so-called “Texas two-step” bankruptcy. The maneuver involves offloading its talc liability onto a newly created subsidiary, which then declares Chapter 11. The goal is to use the proceeding to force...

US to expand security review of land purchases near military installations, Treasury says ( www.reuters.com )

The Biden administration on Monday proposed to "vastly expand" security review authority over real estate purchases near U.S. military installations conducted by CFIUS, a powerful committee that screens foreign investments for national security risks....

Diabetes patients on GLP-1s instead of insulin have lower cancer risk, study shows ( www.reuters.com )

Patients with type 2 diabetes taking GLP-1 treatments, which include Ozempic, have a lower chance of developing 10 types of obesity-related cancers than those taking insulin and other diabetes drugs, according to a study published on Friday....

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