Bankman-Fried seeks documents from former FTX law firm in crypto fraud case
By Jack Queen (Reuters) – Sam Bankman-Fried is seeking documents from a law firm that advised his defunct FTX cryptocurrency…
Business
J&J faces new trial over talc cancer claims, amid settlement push
By Brendan Pierson (Reuters) – Johnson & Johnson on Wednesday faced the first trial in almost two years over claims…
US rate futures expect Fed pause in June in sharp turnaround from earlier
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. rate futures on Wednesday priced in a pause in interest rate hikes…
Ford recalls 142,000 Lincoln SUVs in US for fire risks
WASHINGTON (Reuters) – Ford Motor said on Wednesday it is recalling 142,000 Lincoln MKC SUVs in the United States and…
A June skip jumps to the fore following latest Fed comments
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -Federal Reserve officials including the vice chair-designate pointed towards a rate hike…
Shein plans to bolster compliance and logistics execs ahead of US marketplace
By Arriana McLymore NEW YORK (Reuters) – Fast-fashion retailer Shein is boosting senior leaders and executives to roll out its…
Ford CEO says EV cost parity may not come until after 2030
By Shivansh Tiwary and Paul Lienert (Reuters) – The cost to make electric vehicles may not drop to the level…
Exclusive-Mexico mulls benefits of Banamex purchase, eyes synergies with state bank
By Anthony Esposito MEXICO CITY (Reuters) – Mexico is evaluating whether buying Citigroup Inc’s Mexican consumer unit would help boost…
Dollar backs off highs after Fed officials suggest skipping June rate hike
(Updates prices throughout story, adds analyst comment in paragraphs 7 and 8, recasts lede and paragraphs 2, 3 and 4…
BlackRock’s CEO expects more rate hikes as inflation persists
By Davide Barbuscia and Tom Sims NEW YORK (Reuters) – BlackRock Inc Chief Executive Laurence Fink said on Wednesday that…