(Reuters) -FTX has reached an agreement to sell its crypto derivatives platform LedgerX LLC to an affiliate of Miami International Holdings Inc for $50 million, the bankrupt crypto exchange said on Tuesday. FTX will seek U.S. bankruptcy court approval for the sale at a May 4 hearing. “We are pleased to reach this agreement with…
By Rami Amichay and Emily Rose BEERSHEBA, Israel (Reuters) -Tensions ran high as ceremonies commemorating slain Israeli soldiers and victims of attacks turned into protests on Tuesday, far from the decades-old tradition of Memorial Day unity. Despite calls from Prime Minister Benjamin Netanyahu and opposition leaders to put disagreements aside over plans by the far-right…
(Reuters) – NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, has been sued by its 3,000-member pilots union for allegedly interfering with its communications with aircraft owners and customers about contract negotiations. In a lawsuit filed on Monday, the NetJets Association of Shared Aircraft Pilots objected to a March 8 email…
(Reuters) – NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, has been sued by its 3,000-member pilots union for allegedly interfering with its communications with aircraft owners and customers about contract negotiations. In a lawsuit filed on Monday, the NetJets Association of Shared Aircraft Pilots objected to a March 8 email…
By Hannah Lang and Ann Saphir (Reuters) -The Federal Reserve will publish its internal review of its supervision of Silicon Valley Bank on Friday, April 28 at 11 a.m. ET (1500 GMT), the central bank said Tuesday. The review, which is being led by Fed Vice Chairman for Supervision Michael Barr, follows the regional bank’s…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The safe-haven dollar and yen rose on Tuesday as market sentiment turned risk-averse amid renewed worries about the banking sector and the outlook for the global economy, which knocked the euro off a nearly 10-month high. The U.S. dollar index climbed 0.6% to 101.83, having dropped more than…
By Leah Douglas (Reuters) – Nearly one million Americans could find it harder to access federal food aid under a Republican proposal to expand the program’s work requirements, according to the Biden administration, which has promised to veto the plan if it passes Congress. The expanded work requirements for the Supplemental Nutrition Assistance Program (SNAP)…
By Chris Prentice (Reuters) – U.S. officials on Tuesday warned financial firms and others that use of artificial intelligence (AI) can heighten the risk of bias and civil rights violations, and signaled they are policing marketplaces for such discrimination. Increased reliance on automated systems in sectors including lending, employment and housing threatens to exacerbate discrimination…
By Foo Yun Chee BRUSSELS (Reuters) -Five Alphabet subsidiaries, two Meta Platforms units, two Microsoft businesses, Twitter and Alibaba’s AliExpress are among 19 companies subject to landmark EU online content rules, EU industry chief Thierry Breton said on Tuesday. The rules known as the Digital Services Act (DSA) require the companies to do risk management,…
By Zeba Siddiqui SAN FRANCISCO (Reuters) – The United States is sending more of its cyber forces abroad to help foreign governments fight hackers, a top U.S. military official said at the RSA cybersecurity conference in San Francisco. In the last three years, the U.S. military’s Cyber National Mission Force (CNMF) has conducted 47 such…
