FTX sues ex-Clinton aide’s investment firm for $700 million

FTX sues ex-Clinton aide’s investment firm for 0 million

NEW YORK, June 22 (Reuters) – (This story from June 22 has been reposted to correct spelling of “Hillary” in paragraph 1) Bankrupt crypto exchange FTX on Thursday sued a former aide to Hillary Clinton and the former aide’s investment firm, seeking to recover $700 million in investments allegedly made with embezzled FTX funds. FTX … Read more

Wall Street ends lower, sets off weekly winning streak on Fed concerns

Wall Street ends lower, sets off weekly winning streak on Fed concerns

Carmax surges after beating quarterly earnings Starbucks workers on strike next week Indices down: Dow 0.65%, S&P 0.77%, Nasdaq 1.01% NEW YORK, June 23 (Reuters) – U.S. stocks closed lower on Friday, capping a week dominated by testimony from Federal Reserve Chairman Jerome Powell in which he signaled further interest rate hikes to come , … Read more

Wall Street ends higher as Powell concludes testimony

Wall Street ends higher as Powell concludes testimony

Bank of England raises rates by surprise 50 basis points Accenture slips after quarterly revenue forecast Spirit AeroSystems sinks as production halts, weighs on Boeing Indices: Dow down 0.01%, S&P up 0.37%, Nasdaq up 0.95% June 22 (Reuters) – The S&P 500 and Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell … Read more

Wall Street extends selling as Powell hints at further rate hikes

Wall Street extends selling as Powell hints at further rate hikes

FedEx slips after disappointing fourth quarter results Crypto Stock Gains as Bitcoin Loses $30,000 Tesla drops after Barclays downgrade Indices down: Dow 0.30%, S&P 0.52%, Nasdaq 1.21% NEW YORK, June 21 (Reuters) – U.S. stocks closed lower on Wednesday as Federal Reserve Chairman Jerome Powell’s testimony to Congress reinforced the central bank’s aim to contain … Read more

Wall St falls as Fed concerns weigh; Tesla goes up

Wall St falls as Fed concerns weigh;  Tesla goes up

Adobe falls as EU regulators investigate Figma deal Dice Therapeutics jumps on the Eli Lilly case Nike slips on inventory issues Indices down: Dow 0.66%, S&P 0.51%, Nasdaq 0.30% June 20 (Reuters) – Major Wall Street indexes fell on Tuesday as better-than-expected housing data stoked concerns over further interest rate hikes by the U.S. Federal … Read more

Qatar strikes second big LNG supply deal with China

Qatar strikes second big LNG supply deal with China

Qatar signs second 27-year contract to supply China with LNG Asian customers lead race to secure LNG from QatarEnergy expansion China’s CNPC takes stake in QatarEnergy expansion project DOHA, June 20 (Reuters) – Qatar on Tuesday concluded its second major gas supply deal with a Chinese state-controlled company in less than a year, putting Asia … Read more

Electric vehicle startups set to post weekly gains after meteoric rally

Electric vehicle startups set to post weekly gains after meteoric rally

(1/2) The Lordstown logo is pictured on a smartphone in this illustration taken December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo June 16 (Reuters) – U.S. electric vehicle startups were expected to make massive weekly gains on Friday after a meteoric rally in their shares in recent sessions nearly doubled the value of companies such as Nikola … Read more

US stocks end mixed after Fed announces further rate hikes ahead

US stocks end mixed after Fed announces further rate hikes ahead

Fed Keeps Rates Stable, Signals Further Hikes Through Year End UnitedHealth sinks after cost warning, hospitals rally Tesla ends 13-game winning streak Closing indices: S&P 500 +0.08%, Nasdaq +0.39%, Dow -0.68% June 14 (Reuters) – U.S. stocks ended mixed on Wednesday after the Federal Reserve kept U.S. interest rates unchanged but signaled in new economic … Read more

Amazon cloud services backed up after massive outage affects thousands of users

Amazon cloud services backed up after massive outage affects thousands of users

June 13 (Reuters) – Amazon.com (AMZN.O) said cloud services offered by its unit, Amazon Web Services (AWS), had been restored after a major disruption to New York Metropolitan websites on Tuesday. Transportation Authority and the Boston Globe. among others. Several hours after Downdetector.com began posting outage reports, Amazon said, “The issue has been resolved and … Read more

Nasdaq deepens fintech push with $10.5 billion deal with Adenza

Nasdaq deepens fintech push with .5 billion deal with Adenza

PE giant Thoma Bravo to take nearly 15% of Nasdaq Nasdaq shares fall 10% in morning trade The deal consists of $5.75 billion in cash and 85.6 million Nasdaq shares June 12 (Reuters) – Nasdaq (NDAQ.O) said on Monday it would buy software company Adenza, owned by Thoma Bravo, for $10.5 billion in the operator’s … Read more