Jeffrey Epstein victims demand new deposition of JPMorgan CEO Dimon

By Tatiana Bautzer and Jonathan Stempel NEW YORK (Reuters) – Lawyers for Jeffrey Epstein victims who are suing JPMorgan Chase over its ties to the disgraced financier on Friday asked a judge to require Chief Executive Jamie Dimon and two other bank officials to sit for new depositions. In a letter to U.S. District Judge…

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Exclusive-VTB to sell one of Russia’s biggest grain traders, Demetra-Holding, CEO Kostin says

MOSCOW (Reuters) – VTB, Russia’s second largest bank, will sell its stake in one of Russia’s biggest grain traders, Demetra-Holding, and is in negotiations with both Russian and foreign buyers, CEO Andrei Kostin told Reuters in an interview. Demetra has a network of grain elevators, major deep sea grain terminals and its own logistics. It…

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U.S. House proposal would prohibit family seating fees

By David Shepardson WASHINGTON (Reuters) -A U.S. House committee will take up a aviation bill next week that would bar airlines from charging family seating fees but would not set minimum seat size requirements or impose new rules to compensate delays. The leaders of the House Transportation and Infrastructure Committee unveiled a nearly 800-page proposal…

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Carvana shares fall as analysts see Q2 profit forecast as ‘one-time’ upside

By Aishwarya Nair and Priyamvada C (Reuters) -Shares of used-car retailer Carvana Co tumbled 11% in afternoon trading on Friday, as analysts suspect that the debt-laden company’s upbeat second-quarter profit forecast is a ‘one-time’ upside. The shares were up earlier in the session, and had surged about 68% to $26.09 on Thursday with some help…

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New York lawmakers weigh clean fuel standard as legislative session ends

By Laura Sanicola (Reuters) – New York lawmakers are considering legislation on Friday that would create the first market for low-carbon fuels on the U.S. East Coast in order to help the state reach its decarbonization goals. The legislation, modeled off of California’s Low Carbon Fuel Standard, aims to reduce carbon intensity from the on-road…

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