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Sumner Redstone’s defiance gets judge’s attention at trial

May 6, 2016 by · Leave a Comment 

Sumner Redstone appeared to take the upper hand in defending a lawsuit challenging his mental competency on Friday, as a judge called Redstone's deposition “strong evidence” that the media mogul knew what he was doing when he ejected an ex-girlfriend from his life. The woman, Manuela Herzer, is suing Redstone over her removal in October as the billionaire's designated health care agent, arguing that Redstone was not mentally competent at the time he made the decision. Redstone's deposition was presented to a …

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Sumner Redstone’s defiance gets judge’s attention at trial

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China’s ZTE says suppliers need to apply for U.S. export license

March 9, 2016 by · Leave a Comment 

By Donny Kwok HONG KONG (Reuters) – Chinese telecommunications equipment maker ZTE Corp said on Wednesday its suppliers must seek licences to provide materials, in line with newly imposed U.S. restrictions on the company. The news, confirming a Reuters report on Tuesday, comes a day after the U.S. Commerce Department slapped export restrictions on ZTE for alleged Iran sanctions violations, a move that is expected to disrupt its sprawling global supply chain. The U.S. …

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China’s ZTE says suppliers need to apply for U.S. export license

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Bezos’ space company aims for passenger flights in 2018

March 9, 2016 by · Leave a Comment 

By Irene Klotz KENT, Wash. (Reuters) – Jeff Bezos' space company Blue Origin expects to begin crewed test flights of its reusable suborbital New Shepard vehicle next year and begin flying paying passengers in 2018, Bezos told reporters on Tuesday. Bezos’ remarks, made during the first ever media tour of the Blue Origin manufacturing facility, marked the first time the billionaire founder of…

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Bezos’ space company aims for passenger flights in 2018