By Tom Polansek and Leah Douglas CHICAGO (Reuters) -JBS USA is ending contracts with a U.S. company fined for hiring kids to clean meat plants, the unit of Brazilian meatpacker JBS SA said on Monday, adding it is bringing the work in-house at some facilities. The changes show how a U.S. government investigation into food-safety…
By Hannah Lang (Reuters) – Coinbase Global Inc filed a petition on Monday in an effort to compel the U.S. Securities and Exchange Commission to create new rules for digital assets, the company said in a blog post, in the latest escalation of the cryptocurrency exchange’s tensions with the securities regulator. Coinbase filed a petition…
By Elizabeth Howcroft LONDON (Reuters) -Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called “crypto winter” is over. Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as the U.S. Federal Reserve ends its interest rate-hiking…
(This April 19 story has been corrected to fix the name of Banxa U.S. CEO to Richard Mico, not Ricardo Mico, in paragraph 24) By Elizabeth Howcroft and Hannah Lang LONDON (Reuters) – Crypto firms have been left scrambling to find banking partners after the collapse of three crypto-friendly lenders in the U.S. last month,…
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Monday said he will press U.S. counterpart Joe Biden to make clear the extent of Washington’s commitment to protect his country under a 1951 security pact, citing growing regional tension. The past two Philippine administrations have urged former colonial power United States to be specific on…
By Foo Yun Chee BRUSSELS (Reuters) – The European Commission has tweaked draft patent rules to make it easier for patent holders to sue companies over royalty disputes following criticism that an earlier draft favoured users while restricting patent owners from seeking injunctions. The EU executive, which will announce the draft rules on Wednesday, is…
By Jonathan Stempel NEW YORK (Reuters) -Donald Trump is already the first former American president to face criminal charges. Jurors are expected to soon decide in an unrelated civil case whether he lied about committing rape. A trial is scheduled to begin on April 25 in one of former Elle magazine advice columnist E. Jean…
By Nandita Bose WASHINGTON (Reuters) -President Joe Biden met three Tennessee lawmakers at the White House on Monday after they faced expulsion for participating in gun control protests at their statehouse, calling the decision to remove two of them “shocking” and “undemocratic.” “You’re standing up for our kids, you’re standing up for our communities,” Biden…
LONDON (Reuters) – Britain said on Tuesday it would introduce a new law to rein in the power that big tech companies such as Google, Facebook and Amazon are able to wield to stifle competition in digital markets. The legislation will also bolster protection for consumers by making it easier to opt out of online…
By Joseph Ax (Reuters) – Georgia prosecutors will reveal this summer whether former President Donald Trump will be charged with crimes related to interfering with the 2020 election, the Atlanta district attorney said on Monday, according to the Atlanta Journal-Constitution. Fulton County District Attorney Fani Willis in letters sent to local law enforcement agencies said…
