By Luc Cohen NEW YORK (Reuters) -A former U.S. Marine sergeant who killed a homeless man by putting him in a chokehold on the New York City subway was charged with manslaughter on Friday in a Manhattan criminal court, hours after he surrendered to police. A viral video showed Daniel Penny putting 30-year-old Jordan Neely…
(Reuters) -Shares of major U.S. regional lenders edged higher on Friday, reversing early losses in skittish trading as investors bought some battered stocks but remained uncertain about the financial stability of mid-sized banks. Western Alliance rose 2.1%, Synovus Financial gained 2.2%, and Truist Financial added 1.8%. The KBW Regional Banking index, which has fallen nearly…
(Reuters) -Binance said on Friday it was withdrawing from Canada, weeks after the country issued a series of new guidelines for cryptocurrency exchanges including investor limits and mandatory registrations. Canada has tightened regulations for crypto asset trading platforms in recent months, with the introduction of a pre-registration process. The companies that do not adhere to…
By Olena Harmash and Ivan Lyubysh-Kirdey KYIV/KOSTIANTYNIVKA, Ukraine (Reuters) -Moscow acknowledged on Friday that its forces had fallen back north of Ukraine’s battlefield city of Bakhmut after a new Ukrainian offensive, in a retreat that the head of Russia’s Wagner private army called a rout. The setback for Russia, which follows similar reports of Ukrainian…
By Miguel Lo Bianco and Hernan Nessi BUENOS AIRES (Reuters) -Argentina’s annual inflation rate soared to 109% in April, the country’s statistics agency said on Friday, smashing past analyst forecasts and stoking anger among hard-hit consumers who are increasingly having to skimp and save to get by. The South American nation, an important grains exporter…
By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and sterling on Friday, and was on track for its biggest weekly gain since February, as investors shifted to safe havens after consumer sentiment data fueled concern about the U.S. debt ceiling and monetary policy. A University of Michigan survey on…
NEW YORK (Reuters) – Bond trading platform Tradeweb is in talks with clients, industry groups and other market participants about contingency plans in case of a U.S. debt default, a spokesperson said on Friday. Financial markets are jittery about the possibility that the U.S. Treasury could miss debt payments as President Joe Biden and top…
By Moira Warburton WASHINGTON (Reuters) – Lawmakers in the U.S. Congress should have their pay frozen until the fight over whether to increase the country’s debt ceiling is resolved, Democratic Representative Abigail Spanberger said in a letter on Friday. “If the American people and the American economy are suffering as a result of congressional…
By Crispin Kyala BUSHUSHU, Democratic Republic of Congo (Reuters) – With shovels, sticks and bare hands, Red Cross volunteers struggled to clear caked mud from around a body half buried in a landslide in Bushushu village in eastern Democratic Republic of Congo. A week after torrential rains triggered deadly floods, the workers said they were…
By Chris Prentice NEW YORK (Reuters) -A powerful U.S. business lobby group sued the Securities and Exchange Commission on Friday over a new regulation requiring publicly traded companies to disclose more information about share buyback programs. The Chamber of Commerce says the new requirements, which SEC commissioners approved last week in a 3-2 vote, will…
