By Rajesh Kumar Singh, David Shepardson and Diane Bartz CHICAGO (Reuters) -JetBlue Airways, seeking to protect a planned $3.8 billion purchase of Spirit Airlines, said on Wednesday it would follow a U.S. judge’s May order that it end an alliance with American Airlines. The New York-based carrier said while it “strongly” disagrees, it would not…
(Reuters) -Ukrainian President Volodymyr Zelenskiy told CNN he wanted a counteroffensive against occupying Russian forces to have started sooner than it did in June and that he had urged Western allies to quicken the supply of weapons for that mission, according to excerpts via a translator released on Wednesday. “I wanted our counteroffensive to happen…
By Tyler Clifford and Sharon Bernstein (Reuters) – The Biden administration on Wednesday appealed a federal judge’s ruling restricting some agencies and officials from meeting and communicating with social media companies to moderate their content, according to a court filing. The notice of appeal filed on Wednesday signals the government’s plan to ask the U.S….
(Reuters) – Openmarkets Australia Ltd was fined a record A$4.5 million ($2.99 million) after a panel found the retail broker in violation of numerous market integrity rules, the country’s corporate regulator said on Thursday. Routine surveillance from the Australian Securities and Investments Commission (ASIC) had identified repeated suspicious trading by an Openmarkets client. The client…
By Jeff Mason and Steve Holland WASHINGTON (Reuters) -Cocaine discovered in the White House on Sunday was found in a cubby hole in a West Wing entry area where visitors place electronics and other belongings before going on tours, a source familiar with the matter said on Wednesday. The Secret Service is investigating the matter,…
By Daniel Trotta (Reuters) -Survivors of a 2019 massacre at a Texas Walmart that killed 23 people and wounded 22 others addressed the white nationalist shooter directly at a sentencing hearing on Wednesday, including one young victim who reportedly told him, “I want you dead.” The sentencing hearing before U.S. District Judge David Guaderrama in…
(Reuters) -Commodity Futures Trading Commission (CFTC) investigators have concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the firm’s implosion, Bloomberg News reported on Wednesday. Attorneys in the regulator’s enforcement unit determined that Celsius misled investors and should have registered with the regulator, according to the report, citing…
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will likely deliver a 25 basis point interest rate increase on Aug. 1 following a pause on Tuesday according to economists in a snap Reuters poll who were split on when and where the cost of borrowing would peak. The Reserve Bank of Australia (RBA) decided…
By Indradip Ghosh and Shaloo Shrivastava BENGALURU (Reuters) – The U.S. dollar will hold its ground against most major currencies for the rest of the year despite expectations of narrowing interest rate differentials as the U.S. economy stays resilient, according to FX strategists polled by Reuters. Although the greenback is still down around 0.5% against…
By Kanishka Singh WASHINGTON (Reuters) -A U.S. federal judge on Tuesday restricted some agencies and officials of the administration of President Joe Biden from meeting and communicating with social media companies to moderate their content, according to a court filing. The injunction came in response to a lawsuit brought by Republican attorneys general in Louisiana…
