By Nichola Groom (Reuters) – President Joe Biden’s administration on Tuesday said it had finalized an area of nearly 10 million acres in the Gulf of Maine for potential offshore wind development, a major step toward expanding the industry into northern New England. The announcement was the latest milestone in the government’s plan to put…
By Raghav Mahobe and Bhanvi Satija (Reuters) -The U.S. Food and Drug Administration said on Tuesday it had approved Biogen Inc’s drug for treating a form of amyotrophic lateral sclerosis (ALS), making it the first available treatment targeting a genetic cause of the disease. The drug, branded as Qalsody, got a green light under the…
By Niket Nishant and Hannah Lang (Reuters) -Binance.US has called off its $1.3 billion deal to buy assets of bankrupt crypto lender Voyager Digital, citing a “hostile and uncertain regulatory climate.” In a court filing on Tuesday, lawyers for Voyager said the company reserves all rights with respect to a $10 million good-faith deposit paid…
By Niket Nishant and Hannah Lang (Reuters) -Binance.US has called off its $1.3 billion deal to buy assets of bankrupt crypto lender Voyager Digital, citing a “hostile and uncertain regulatory climate.” In a court filing on Tuesday, lawyers for Voyager said the company reserves all rights with respect to a $10 million good-faith deposit paid…
MOSCOW (Reuters) – Muscovites reacted with indifference to U.S. President Joe Biden’s announcement on Tuesday that he would seek reelection in 2024, with some questioning whether he was too old for the bid. Biden is the oldest person to have occupied the White House and would be 86 at the end of a second four-year…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence dropped to a nine-month low in April as worries about the future mounted, further heightening the risk that the economy could fall into recession this year. The consumer confidence survey from the Conference Board on Tuesday also suggested that Americans were getting ready to hunker down…
By Saeed Azhar NEW YORK (Reuters) – First Republic Bank’s strategic options are “very challenging” because any potential sale is unlikely without the lender taking big writedowns on its mortgage loan book and securities portfolio, analysts at Fitch Ratings said on Tuesday. “If someone were to acquire them … there’s going to be some big…
By Lisa Pauline Mattackal (Reuters) – What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas not, though you do get billions of dollars of trading in a new class of crypto tokens. The machine mania sweeping the tech world…
By Lisa Pauline Mattackal (Reuters) – What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient bitcoin that codes itself in the style of Japanese haikus? Alas not, though you do get billions of dollars of trading in a new class of crypto tokens. The machine mania sweeping the tech world…
By Steve Scherer OTTAWA (Reuters) – NASA Administrator Bill Nelson on Tuesday condemned Russian President Vladimir Putin’s invasion of Ukraine, but said in Ottawa that he expected Russians and Americans to work together on the International Space Station (ISS) until it is decommissioned. American-Russian space cooperation was put in doubt after the invasion of Ukraine…
