By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Attorney General Merrick Garland said on Monday the Justice Department intends to appoint a prosecutor and a legal adviser to assist Ukraine with its efforts to investigate and prosecute suspected war crimes by Russian forces. The prosecutor will be based in The Hague at Eurojust, the European Union Agency…
By Jody Godoy (Reuters) – Celebrities who promoted FTX, including NFL quarterback Tom Brady and comedian Larry David, said an investor lawsuit seeking damages in the wake of the cryptocurrency exchange’s collapse should be dismissed. The proposed class action in Miami alleges that FTX yield-bearing accounts were unregistered securities that were unlawfully sold in the…
By Luc Cohen NEW YORK (Reuters) -Republican U.S. congressman Jim Jordan on Monday asked a judge to let a House of Representatives panel’s investigation into the criminal prosecution of former President Donald Trump proceed, saying a subpoena of a former Manhattan prosecutor was needed by lawmakers as they consider possible legislation. Jordan, chairman of the…
By Timothy Gardner and Moira Warburton WASHINGTON (Reuters) – The U.S. Treasury published a warning to U.S. companies on Monday of possible evasions of the Russian petroleum price cap of crude oil exported through the Eastern Siberia Pacific Ocean (ESPO) pipeline and ports in eastern Russia. The Office of Foreign Assets Control (OFAC) at the…
(Reuters) – Activist investor Trillium Capital said on Monday stock-photo company Getty Images Holdings Inc should expand and create partnerships with technology firms and publishers to grow its revenue. Last week, Trillium asked Getty for a board seat and urged the company to evaluate strategic options including a sale. According to Trillium’s Monday statement, Getty…
By Akash Sriram (Reuters) -Tesla Inc’s first-quarter margins are anticipated to have hit a more than three-year low as the electric-vehicle maker slashed prices to lure more buyers in the face of rising competition and a weak economy. The world’s most valuable automaker, which commands over half of the U.S. EV market, cut sticker prices…
By Andrea Shalal WASHINGTON (Reuters) -The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a coalition official said, despite rising global crude prices and calls by some countries for a lower price cap to restrict Moscow’s revenues. The G7 and Australia made the decision to maintain…
By Lucia Mutikani WASHINGTON (Reuters) – Confidence among U.S. single-family homebuilders improved for a fourth straight month in April as a dearth of previously owned homes and falling mortgage rates boosted demand for new houses, but a shortage of building materials remained a challenge. Other data on Monday showed manufacturing activity in New York state…
By Sheila Dang (Reuters) -Montana lawmakers on Friday passed a bill to ban popular short-form video app TikTok from operating in the state, the latest threat to the Chinese-owned app’s existence in the U.S. The bill, known as SB 419, would prohibit mobile app stores from offering TikTok for download to users in Montana. The…
WASHINGTON (Reuters) – The U.S. Internal Revenue Service provided live assistance to 87% of taxpayers’ phone calls during the 2023 tax filing season, up from 15%, due to customer service hires made possible by $80 billion in new IRS funding over a decade, the U.S. Treasury said on Monday. As Tuesday’s tax filing deadline approached,…
