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
WASHINGTON, June 21 (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Amazon.com (AMZN.O) of signing up millions of consumers to its paid subscription service Amazon Prime without their consent and of making difficult to cancel them, the agency said. latest action against the e-commerce giant in recent weeks. The FTC sued Amazon in … Read more
RUICHANG, China, June 19 (Reuters) – When Steven Du took over his parents’ factory producing climate control systems in Shanghai, one of the first changes he made was turning on the heating of the factory in winter – something his frugal ancestors were reluctant to do. TO DO. “If you don’t improve their environment, workers … Read more
LONDON, June 15 (Reuters) – The U.S. subsidiary of crypto giant Binance has made a series of layoffs since regulators accused it last week of breaking securities laws and sought to freeze its assets, said two people with knowledge of the layoffs and employees. social media posts. One of the sources said around 50 people … Read more
BRUSSELS, June 14 (Reuters) – Alphabet (GOOGL.O) Google may have to sell off part of its lucrative ad-tech business to address antitrust concerns, EU regulators said on Wednesday, threatening the company of its most severe regulatory sanction to date. . The European Commission laid out its charges in a statement of objections to Google two … Read more
WASHINGTON, June 13 (Reuters) – A U.S. judge granted a Federal Trade Commission (FTC) request on Tuesday evening to temporarily block Microsoft Corp’s (MSFT.O) acquisition of video game maker Activision Blizzard (ATVI. O) and schedule a hearing next week. U.S. District Judge Edward Davila has scheduled a two-day hearing on the FTC’s request for a … Read more
Shell to keep oil production stable The company will develop its gas and LNG activities Reduced capital expenditures for 2024-2025 LONDON, June 14 (Reuters) – Shell (SHEL.L) will increase its dividends and share buybacks while keeping oil production stable until 2030, it said on Wednesday, as CEO Wael Sawan was struggling to regain investor confidence … Read more
June 12 (Reuters) – The Federal Trade Commission on Monday asked a court to temporarily block the acquisition of Activision Blizzard (ATVI.O) by Microsoft Corp (MSFT.O), seeking to prevent the deal from closing before the government’s lawsuit against the $69 billion. agreement is heard. The FTC said Microsoft and Activision signaled the deal could close … Read more
(1/2) Coinbase CEO and co-founder Brian Armstrong speaks during the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022. REUTERS/David Swanson June 7 (Reuters) – Coinbase (COIN.O) Chief Executive Brian Armstrong hit back at U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler on Wednesday over the agency’s lawsuit against the … Read more
NEW YORK, June 6 (Reuters) – The U.S. Securities and Exchange Commission sued Coinbase (COIN.O) on Tuesday, accusing the largest U.S. cryptocurrency exchange of operating illegally because it failed to been registered with the regulator. The lawsuit is the SEC’s second in two days against a major crypto exchange, following its lawsuit against Binance, the … Read more
