By Helen Coster (Reuters) -CNN Chairman and Chief Executive Chris Licht has stepped down from the media company, effective immediately, parent company Warner Bros. Discovery said on Wednesday. The company said that as it seeks Licht’s replacement, it has put in place an interim leadership team including Amy Entelis, EVP of talent and content development;…
By Shubham Batra, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 and Nasdaq closed in negative territory on Wednesday as investors took profits after a months-long megacap stocks run and ahead of key economic and policy events next week. The small-cap index Russell 2000 climbed 1.78% as investors kept moving away from…
By Shubham Batra, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 and Nasdaq closed in negative territory on Wednesday as investors took profits after a months-long megacap stocks run and ahead of key economic and policy events next week. The small-cap index Russell 2000 climbed 1.78% as investors kept moving away from…
WASHINGTON (Reuters) – Steve Bannon, a onetime adviser to former President Donald Trump, has been subpoenaed by a federal grand jury in Washington in connection with special counsel Jack Smith’s investigation into the Jan. 6, 2021, attacks on the U.S. Capitol, NBC News reported on Wednesday, citing sources. The subpoena, for documents and testimony, was…
By Hannah Lang, Manya Saini and Niket Nishant (Reuters) -Coinbase Chief Executive Brian Armstrong on Wednesday hit back at U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler over the agency’s lawsuit against the crypto exchange, calling him an “outlier,” while also reassuring customers that their funds were safe. The SEC on Tuesday alleged Coinbase…
WASHINGTON (Reuters) -Fox News on Wednesday notified Tucker Carlson’s legal team that the former prime-time host violated his contract with the network when he launched his own Twitter show on Tuesday, Axios reported, citing a copy of a letter obtained by the news website. Carlson released the first episode of his new show on Twitter…
LIMA (Reuters) – A group of indigenous protesters in Peru’s remote Amazon region attacked two oil tankers with gasoline bombs apparently because they are angry about changes by the government to social oil funds, the operator of the vessels said on Wednesday. A dozen crew members from both tankers, one of which contained 40,000 barrels…
By James Oliphant (Reuters) – Florida Governor Ron DeSantis defended flying planeloads of migrants across the country during a trip to the U.S. southern border on Wednesday, as he looks to make hardline immigration policies a central tenet of his 2024 presidential bid. The Republican candidate’s stop in Arizona came a day after the state…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An interest rate decision from India and revised Japanese GDP will be the big local drivers for Asian markets on Thursday, with wider sentiment soured by a profit-taking slump in U.S. tech stocks and a surprising rate hike…
By Jonathan Stempel (Reuters) – Ryanair Holdings Plc and longtime Chief Executive Michael O’Leary reached a $5 million settlement of a lawsuit accusing them of defrauding shareholders by downplaying the willingness of the Europe’s largest budget airline to recognize labor unions. The preliminary all-cash settlement was reached after mediation, and was filed on Wednesday in…
