By Ismail Shakil and Katharine Jackson WASHINGTON (Reuters) – The U.S. Labor Department on Friday slapped a $298,000 penalty on Hostess Brands, alleging that safety and training failures at the bakery firm led to a worker in Chicago losing a fingertip in December. The department said its investigation found that the Hostess could have prevented…
(Reuters) -Meta Platforms said on Friday services on its social media apps Facebook and Instagram were restored, more than two hours after an outage that affected thousands of users. At one point, nearly 20,000 users in total said they were having trouble accessing Facebook and Instagram and Meta’s messaging service WhatsApp, according to outage-tracking website…
By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 ended lower on Friday, weighed down by Microsoft and other market heavyweights as comments from two Federal Reserve officials curtailed optimism that the central bank is nearing the end of its aggressive interest rate hikes. The Nasdaq also ended the week lower, although the…
(Reuters) – Microsoft, which is seeking to buy games giant Activision, faces two legal fights in coming weeks with U.S. antitrust enforcers who are determined to stop the $69 billion transaction. Microsoft has pressed for a decision sooner rather than later, noting that the purchase agreement has a termination date of July 18, although such…
(Reuters) – Ecuadorean security forces have confiscated pigs, fighting cocks and more than two dozen bladed weapons, among other items, from a high-security wing of Bellavista prison in the city of Santo Domingo, the country’s military said on Friday. Police and operatives of the SNAI prison authority were shown wheeling out two pigs from the…
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy on Friday threatened to use congressional appropriations to block funding for a U.S. visa waiver program for Chile, blaming rising criminal activity in the United States on the program. At a news conference in Santa Ana, California, McCarthy called on U.S. Homeland Security Secretary Alejandro…
(Reuters) -Electric-vehicle startup Faraday Future Intelligent Electric said on Friday it was planning a reverse stock split, as it looks to regain compliance with Nasdaq’s minimum bid price requirements. Nasdaq requires shares trade above $1 and sends a notice when a company trades below that mark for 30 consecutive business days. Companies then have a…
(Reuters) -Electric-vehicle startup Faraday Future Intelligent Electric said on Friday it was planning a reverse stock split, as it looks to regain compliance with Nasdaq’s minimum bid price requirements. Nasdaq requires shares trade above $1 and sends a notice when a company trades below that mark for 30 consecutive business days. Companies then have a…
By Timothy Gardner and Raphael Satter WASHINGTON (Reuters) -The U.S. Department of Energy got ransom requests from the Russia-linked extortion group Cl0p at both its nuclear waste facility and scientific education facility that were recently hit in a global hacking campaign, a spokesperson said on Friday. The DOE contractor Oak Ridge Associated Universities and the…
By Ricardo Brito BRASILIA (Reuters) -One of former Brazilian President Jair Bolsonaro’s closest aides sought legal advice for a military intervention that would have prevented the handover of power following last October’s election, federal police said on Friday. Lieutenant Colonel Mauro Cid was one of Bolsonaro’s personal assistants who stayed on as an aide after…
