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Dietrich Knauth

Dietrich Knauth

Reporter at Reuters News

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Location
United Kingdom
Languages
  • English
Covering topics
  • Business
  • General Assignment News
  • Law

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Recent Articles

reuters.com

LIV Golf files for Chapter 11 bankruptcy in New Jersey

Professional men's golf league LIV Golf filed for Chapter 11 bankruptcy in ​New Jersey on Tuesday, saying it intended to restructure its business ‌with a $49.6 million bankruptcy loan provided by the Public Investment Fund of Saudi Arabia.
reuters.com

Mead Johnson wins US federal bellwether trial over preterm infant f...

A U.S. federal jury sided with Reckitt Benckiser's Mead Johnson on Monday in a test trial over claims the ​company's Enfamil infant formula for preterm babies caused necrotizing enterocolitis (NEC), a ‌dangerous bowel disease.
reuters.com

Abbott to pay $670 million to settle some preterm infant formula cases

Abbott said on Thursday it reached a $670 million settlement to partially resolve the ongoing ​litigation over alleged harms linked to its specialty formulas for preterm infants.
reuters.com

Abbott settles appeal over $495 million infant formula verdict

Abbott Laboratories has reached a settlement to resolve its appeal of a $495 million verdict over the company's specialized formula for premature infants.
reuters.com

Google to buy Spirit Airlines business data for $10 million

Alphabet's Google is acquiring ​internal business data from bankrupt ‌Spirit Airlines for $10 million, saying it plans to use the data ​for product development and ​training its AI models.
reuters.com

US court backs Trump's power to close 'de minimis' tariff exemption

The U.S. Court of International Trade on Thursday ruled in favor of President ‌Donald Trump's 2025 decision to rescind a "de minimis" exemption for tariffs on some imports of less than $800, a rare win for the president in the trade court's review of emergency economic powers.
reuters.com

How could New Mexico's $567 million ruling change Meta?

A New Mexico state court ordered Meta Platforms, owner of Facebook and Instagram, to make major changes to its platforms and pay the largest sum yet in a growing wave of U.S. litigation over claims that social media harms young people.
reuters.com

Bayer seeks short delay to $7.25 billion Roundup settlement hearing

Bayer has asked a Missouri court to reschedule a hearing to evaluate the company's $7.25 billion proposed settlement of cases alleging that its popular weedkiller Roundup causes cancer.
reuters.com

TikTok settling three teen social media lawsuits ahead of trial

TikTok has agreed to settle three lawsuits brought by young people who accuse social media companies of designing their platforms to be addictive and harming their ​mental health, a plaintiffs' lawyer said Monday.
reuters.com

Democratic US states sue to challenge Trump's latest tariffs

A group of 25 ​Democratic-led U.S. states sued Donald Trump's administration on Monday, arguing that the president's latest round of tariffs on goods from 60 ‌trading partners, like most of his earlier sweeping tariffs, exceeds his legal authority to tax imports.
reuters.com

J&J reaches sweeping talc deal that could end decade of litigation

Johnson & Johnson ​said on Monday it would pay an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder and ‌other talc products cause ovarian cancer, in a landmark deal that could end a contentious legal battle that has dogged the company for a decade.