Aug 18, 2023
U.S. Steel says union cannot block company’s sale

(Reuters) -U.S. Steel said on Thursday that its labor agreement with United Steel Workers (USW) does not afford the union the right to veto a sale of the company that may arise from its recently announced strategic review. U.S. Steel's…

Aug 16, 2023
Coinbase wins approval to offer crypto futures trading in US

(Reuters) -Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission (SEC). The move will allow…

Aug 16, 2023
Delta, American Airlines to expand China flight schedule

(Reuters) -Delta Air Lines and American Airlines Group will operate more flights to China soon, the two carriers said on Wednesday, as they look to capitalize on strong travel demand in the Asia-Pacific region. The Biden administration said last week…

Aug 14, 2023
Dollar jumps, oil slides on China worries

By Pete Schroeder WASHINGTON (Reuters) - The U.S. dollar hit its highest levels in more than a month on Monday amid worries over China's economy, while Wall Street struggled for any clear picture ahead of fresh data on consumer appetite.…

Aug 14, 2023
Bankman-Fried heads to Brooklyn jail notorious for poor conditions

By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried will prepare for his fraud trial from a Brooklyn jail where inmates ranging from convicted sex trafficker Ghislaine Maxwell to Honduras' former president have complained of subpar conditions. U.S. District Judge Lewis…

Aug 11, 2023
US SEC seeks to appeal Ripple Labs crypto decision

(This Aug. 9 story has been corrected to show that a judge found the SEC had a plausible claim that the Terra USD token qualified as a security in paragraph 8) By Jonathan Stempel NEW YORK (Reuters) - The U.S.…