U.S. seeks detention of FTX’s Sam Bankman-Fried pending trial
NEW YORK (Reuters) – Federal prosecutors in New York on Wednesday asked a judge to order Sam Bankman-Fried to be…
NATO says it’s boosting Black Sea surveillance, condemns Russian grain deal exit
BRUSSELS (Reuters) -NATO said on Wednesday it was stepping up surveillance of the Black Sea region as it condemned Russia’s…
Hunter Biden judge says can’t accept plea deal in surprise turn
By Jack Queen WILMINGTON, Delaware (Reuters) -U.S. President Joe Biden’s son Hunter Biden’s proposed deal with prosecutors to plead guilty…
Democratic US lawmakers propose banning legacy admissions
By Julia Harte (Reuters) – Democratic U.S. lawmakers said on Wednesday they were reintroducing a bill to ban higher education…
CBO revises U.S. 2023 growth forecast higher amid strong first-half labor market
WASHINGTON (Reuters) – The Congressional Budget Office revised its 2023 U.S. economic growth forecast substantially upward on Wednesday to 0.9%…
UPS labor deal could pressure delivery firm’s annual outlook, say analysts
By Aishwarya Nair (Reuters) – A tentative labor deal reached between United Parcel Service and the Teamsters union on Tuesday,…
Exclusive-UK probes Novo’s Ozempic, weight-loss drug Saxenda over suicidal, self-harming thoughts
By Maggie Fick LONDON (Reuters) – Britain is reviewing a class of drugs used in a diabetes medicine and a…
US SEC adopts new cyber rule, unveils brokerage AI proposal
By Douglas Gillison (Reuters) -Wall Street’s top regulator on Wednesday adopted new rules requiring publicly traded companies to disclose hacking…
Consumer goods makers flex pricing power in second quarter
By Richa Naidu and Chandini Monnappa (Reuters) -Consumer products giants including Unilever, Coca-Cola and Reckitt have shown they can raise…
Drugmaker Mallinckrodt in talks with hedge funds to avoid opioid settlements – WSJ
(Reuters) – Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people…