By Liangping Gao, Ziyi Tang and Clare Jim BEIJING/HONG KONG (Reuters) – A slew of recent supportive measures will bring China’s cash-strapped property developers much needed relief, but a[...]
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November 17, 2022
Tumbling bitcoin overshadows El Salvador’s crypto conference
By Nelson Renteria SAN SALVADOR (Reuters) – El Salvador’s long-awaited bitcoin conference, which was in the limelight in 2021 after the small nation became the world’s first to adopt[...]
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Applied Materials forecasts strong Q1 revenue on easing supply chain woes
By Tiyashi Datta (Reuters) -Chip tools maker Applied Materials Inc on Thursday forecast first-quarter revenue above market estimates, on hopes that easing supply chain constraints will help it meet pe[...]
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Factbox-FTX’s new CEO assesses the exchange’s failings
By Tom Hals (Reuters) – John J. Ray III, the new chief executive of bankrupt cryptocurrency exchange FTX, on Thursday laid out his assessment of the failures that led to the biggest collapse in[...]
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White House still committed to tech antitrust bill
WASHINGTON (Reuters) – White House competition adviser Tim Wu said Thursday the Biden administration is still backing tech antitrust legislation that is before Congress as time runs short before[...]
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Mark Cuban-backed fintech Dave says no customers exposed to FTX
By Saeed Azhar and Manya Saini NEW YORK (Reuters) -Entrepreneur Mark Cuban-backed Dave Inc said on Thursday none of its customers were exposed to FTX and it has not launched any products in partnershi[...]
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U.S. watchdog seeks cybersecurity strategy for offshore energy infrastructure
(Reuters) – A U.S. watchdog in a report made public on Thursday asked the federal regulator of offshore oil and gas infrastructure to come up with a cybersecurity strategy for the more than 1,60[...]
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Analysis-U.S. regulators could be pressured by slim Republican House control
By Ross Kerber and Chris Prentice BOSTON/ WASHINGTON (Reuters) – With the U.S. House of Representatives under their control, Republicans have a new pulpit to try to constrain President Joe Biden[...]
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Krispy Kreme settles U.S. charges it skimped on overtime pay
By Jonathan Stempel (Reuters) – Krispy Kreme Inc agreed to pay $1.19 million to settle U.S. Department of Labor charges it failed to properly pay overtime to several hundred workers, the agency[...]
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