By Tom Wilson and Hannah Lang LONDON/WASHINGTON(Reuters) -The world’s biggest cryptocurrency exchange Binance and its CEO Changpeng Zhao have been sued by the U.S. Securities and Exchange Commission (SEC), which alleged in a June 5 court filing that the firm operated a “web of deception” that included artificially inflating its trading volumes and commingling customer…
By David Shepardson WASHINGTON (Reuters) – More than 60% of U.S. unionized railroad workers at major railroads are now are covered by new sick leave agreements, a trade group said Monday. Last year railroads came under fire for not agreeing to paid sick leave during labor negotiations. In December, President Joe Biden signed legislation to…
By Ted Hesson and Kristina Cooke SAN FRANCISCO (Reuters) – A flight carrying about 20 migrants landed in Sacramento, California, on Monday as state authorities investigated the role Florida had played in transporting them from Texas via New Mexico, according to the California attorney general’s office and news reports. The migrants carried documents that indicated…
By Angus Berwick and Tom Wilson LONDON (Reuters) – A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show. U.S. lender Silvergate Bank authorized the executive, Guangying Chen, a close associate of…
By Angus Berwick and Tom Wilson LONDON (Reuters) – A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show. U.S. lender Silvergate Bank authorized the executive, Guangying Chen, a close associate of…
LIMA (Reuters) -A convicted killer imprisoned in Peru will be extradited within days to the U.S., where he faces extortion and fraud charges related to the disappearance and murder of an Alabama teenager nearly two decades ago, Interpol’s local head said on Monday. The extradition is the latest twist in the mystery surrounding the fate…
By Marcela Ayres BRASILIA (Reuters) – Brazil’s government will partially reintroduce a federal diesel tax this year to pay for leftist President Luiz Inacio Lula da Silva’s plan to bring down the cost of vehicles, Finance Minister Fernando Haddad said on Friday. The plan offers tax credits to manufacturers who lower auto prices. Last year,…
By Maria Ponnezhath and Clark Mindock (Reuters) – A U.S. judge on Monday granted a delay of a trial in a lawsuit brought by a Florida city against industrial conglomerate 3M Co over water contamination from toxic “forever chemicals,” after the parties said they were close to a settlement. 3M shares were down about 3%…
By David Shepardson WASHINGTON (Reuters) -Air traffic controllers lost contact shortly after takeoff with the pilot of a light plane that caused a security scare on Sunday when it flew over heavily restricted airspace near Washington, authorities said on Monday. Four people including the pilot of the Cessna Citation 560 were killed in the crash,…
By Suban Abdulla LONDON (Reuters) – British retail sales growth slowed to a seven-month low in May as soaring food prices prompted shoppers to rein in spending on non-essential items and dashed hopes of a boost from three public holidays, the British Retail Consortium said on Tuesday. The BRC said spending in its members’ stores…
