by Reuters | Mar 21, 2023 | Business, Top News, US
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday appeared divided over a bid by cryptocurrency exchange Coinbase Global Inc to halt customer lawsuits, including by a user who sued after a scammer stole money from his...
by Reuters | Mar 20, 2023 | Asia, Business, Technology, US
By David Shepardson WASHINGTON (Reuters) -A group of 22 U.S. state attorneys general on Monday blasted Hyundai Motor and Kia Corp and said they need do more to address problems with millions of U.S. vehicles that are prone to theft. Last month, the Korean automakers...
by Reuters | Mar 20, 2023 | Business, Technology, US
By Mike Scarcella (Reuters) – Alphabet Inc’s Google has denied intentionally destroying evidence in the U.S. Justice Department’s antitrust lawsuit over the company’s search business, in a response to the government’s bid for sanctions in...
by Reuters | Mar 17, 2023 | Business
By Jeff Mason and Pete Schroeder WASHINGTON (Reuters) -U.S. President Joe Biden on Friday called on Congress to give regulators greater power over the banking sector, including leveraging higher fines for managers, clawing back executives’ compensation and...
by Reuters | Mar 16, 2023 | Business, Economy, Europe, Top News, UK, US
By David Lawder and Doina Chiacu WASHINGTON (Reuters) -The U.S. banking system remains sound and Americans can feel confident that their deposits are safe, Treasury Secretary Janet Yellen said on Thursday, but she denied that emergency actions after two large bank...
by Reuters | Mar 15, 2023 | Business, Economy, Technology, US
By Lewis Krauskopf NEW YORK (Reuters) – Investors are gravitating toward big technology stocks as banking crisis worries rock U.S. markets, hoping the shares are better positioned to withstand a possible economic downturn and will benefit from a steep drop in...