By Sarah N. Lynch (Reuters) – Former U.S. President Donald Trump has become the most high-profile person ever to face criminal charges under the Espionage Act for the unlawful retention of sensitive national defense records. In all, Trump faces 37 criminal counts, 31 of which relate to secret or top secret classified documents. He is…
(Reuters) -Tesla Inc slightly increased the price of its Model Y electric vehicle in the United States on Tuesday, according to its website. The company increased the price of the variant by a mere $250, bringing it to $47,740, the website showed, while the prices for the other variants remained unchanged in the U.S. This…
WASHINGTON (Reuters) – The U.S. Senate on Tuesday confirmed Jared Bernstein as chairman of the Council of Economic Advisers (CEA) in a 50-49 vote, elevating a longtime adviser to President Joe Biden who began his career as a jazz musician and social worker. Biden nominated Bernstein, who was already a member of the council, on…
(Reuters) – Thousands of popular Reddit communities dedicated to topics ranging from Apple Inc to gaming and music locked out their users on Monday in protest against the company’s plan to charge for access to its data. Starting next month, third-party app developers using Reddit’s vast troves of data will have to pay a price…
By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Sarissa Capital may have cleared a stumbling block in its push for board seats at Alkermes when one of its candidates resigned from the board of a company that has a commercial relationship with the drugmaker. The hedge fund’s founder, Alex Denner, 53, one of three Sarissa…
(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Changpeng Zhao tweeted on Tuesday. Last week, Binance was sued by the U.S. Securities and Exchange Commission, which listed 13 charges against the company, Zhao and the operator of its purportedly independent U.S. exchange. The lawsuits against…
By Mike Stone, Trevor Hunnicutt and Krishn Kaushik WASHINGTON/NEW DELHI (Reuters) – Ahead of Indian Prime Minister Narendra Modi’s state visit to Washington, the Biden administration is pushing New Delhi to cut through its own red tape and advance a deal for dozens of U.S.-made armed drones, two people familiar with the matter said. India…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set for an explosive open on Wednesday after a below-consensus reading of headline U.S. inflation lit the touchpaper for a rally across all risky assets on Tuesday, although investors will be mindful…
By Stephen Nellis and Chavi Mehta (Reuters) -Advanced Micro Devices Inc on Tuesday gave new details about an artificial intelligence chip that will challenge market leader Nvidia Corp , but the company left out what Wall Street wanted to know – who plans to buy it. Santa Clara, California-based AMD said the forthcoming chip, which…
WASHINGTON (Reuters) – White House press secretary Karine Jean-Pierre said on Tuesday that White House lawyers would review a ruling from a government agency that said she had violated a law limiting political activity by federal employees. The Office of Special Counsel on Monday announced that Jean-Pierre had violating the Hatch Act by referring to…
