By Hannah Lang, John McCrank and Sinéad Carew (Reuters) – Cryptocurrencies and shares in crypto and blockchain-related companies tumbled on Monday after the U.S. securities regulator sued crypto exchange Binance, another blow to the industry. The U.S. Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao for secretly controlling Binance.US as part of…
WASHINGTON (Reuters) – U.S. Senator Chris Van Hollen called on Monday for declassifying a government report on the death of Al Jazeera’s Shireen Abu Akleh, a Palestinian-American journalist who was shot and killed while covering an Israeli army raid last year. One of the most recognizable journalists covering the Israeli-Palestinian conflict for two decades, Abu…
(Reuters) – Blackstone Real Estate Income Trust Inc (BREIT) has agreed to sell a Texas-based resort to Ryman Hospitality Properties Inc for $800 million, as the asset management giant looks to cash in on resurgent demand for leisure travel and retreat. The deal for Texas-based JW Marriott San Antonio Hill Country Resort & Spa is…
(Reuters) -Bed Bath & Beyond is in talks to sell its Buybuy Baby chain to retail investment firm Go Global Retail, the Wall Street Journal reported on Monday citing people familiar with the matter. The once high-flying home goods chain, which filed for bankruptcy in April, is also fielding interest from online retailer Overstock.com for…
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES (Reuters) -Groups representing major retailers and manufacturers urged the White House on Monday to intervene in contentious West Coast port labor negotiations, citing worries about shipping disruptions during critical holiday shopping seasons. The call came after the largest terminal at Southern California’s Port of Long Beach closed…
By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and the dollar dipped on Monday as investors mulled whether the Federal Reserve will refrain from raising rates in June after data last week showed slowing U.S. wage growth, while oil prices steadied after Saudi Arabia vowed big output cuts. The benchmark…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Reserve Bank of Australia delivers its latest interest rate decision on Tuesday, undoubtedly the centerpiece event for Asian and Pacific markets but potentially of interest to U.S. Fed watchers too. The RBA is expected to keep its…
By Brendan Pierson (Reuters) – Texas and an anonymous anti-abortion activist made a joint court filing over the weekend, urging a federal judge to decide a $1.8 billion fraud lawsuit they brought against Planned Parenthood in their favor, saying a recent U.S. Supreme Court ruling strengthened the case. The lawsuit, before U.S. District Judge Matthew…
(Reuters) – Intel Corp is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in Mobileye Global Inc, according to a regulatory filing on Monday. After the offering, Intel’s voting share in the self-driving technology company will come down to about 98.7% from the 99.3% it currently holds. Shares…
By Pavel Polityuk KYIV (Reuters) – Moscow said on Monday it had thwarted a major offensive against its forces in eastern Ukraine, although it was unclear whether the attack formed the beginning of Ukraine’s long-anticipated counteroffensive. Ukrainian President Volodymyr Zelenskiy was enigmatic in his nightly video, hailing “the news we have been waiting for” in…
