(Reuters) -Faraday Future Intelligent Electric on Thursday named company insider Matthias Aydt its new global CEO, effective Sept. 29, as the troubled EV maker focuses on boosting production and gener[...]
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September 21, 2023
Bankman-Fried’s expert witnesses rejected by judge
By Luc Cohen NEW YORK (Reuters) – A U.S. judge on Thursday restricted Sam Bankman-Fried’s ability to call expert witnesses to testify at his criminal fraud trial, in a blow to the FTX cryp[...]
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Sam Bankman-Fried to stay in jail, appeals court rules
By Luc Cohen NEW YORK (Reuters) -A U.S. appeals court on Thursday upheld a judge’s decision to jail former cryptocurrency billionaire Sam Bankman-Fried ahead of his Oct. 3 trial on fraud charges[...]
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Arm dips below IPO price as short sellers circle
By Noel Randewich and Lewis Krauskopf (Reuters) – Arm Holdings’ stock on Thursday dipped for the first time below its initial public offering price, while short sellers appeared to be bett[...]
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Mexico’s Cemex in talks with banks over $3 billion debt refinancing
MEXICO CITY (Reuters) -Mexican cement maker Cemex is in talks to refinance its $3 billion credit facility with banks, the company confirmed to Reuters on Thursday. Bloomberg first reported the news, c[...]
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Eight big banks must face US cities’ bond collusion claims
By Jonathan Stempel NEW YORK (Reuters) – A U.S. federal judge on Thursday said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on[...]
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Biden administration announces plans to cut medical bills from credit reports
By Andrea Shalal and Douglas Gillison (Reuters) – The Biden administration on Thursday announced plans to remove medical bills from Americans’ credit reports in a push to end what it calle[...]
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Stocks fall, yields rise as central banks rattle markets
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – World stocks fell for a fifth straight session and the dollar hit its strongest since March on Thursday as Treasury yields rose to leve[...]
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Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar eased against a basket of currencies on Thursday, but remained near a six-month high, a day after the Federal Reserve signaled U.S. monetary po[...]
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