By Jody Godoy (Reuters) – A lawsuit by FTX account holders in the United States is likely the first of many that will be brought over billions of dollars in losses on the cryptocurrency exchange[...]
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U.S. IPO price pops prompt fraud and ‘pig butchering’ warnings
By John McCrank NEW YORK (Reuters) – U.S. exchanges and Wall Street’s top cop on Thursday warned about a heightened threat of fraud mostly involving the initial public offerings of small c[...]
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Jeremy Hunt hikes taxes, squeezes spending to restore markets’ faith in UK
(Corrects estimate and year for inflation in second paragraph) By David Milliken, Andy Bruce and William Schomberg LONDON (Reuters) – British finance minister Jeremy Hunt announced a string of t[...]
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FAA OKs new $4.2 billion terminal at New York’s JFK airport
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) granted final environmental approval for construction of a new $4.2 billion terminal at New York City’s[...]
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Disabled employee sues Twitter over Musk’s ban on remote work
By Daniel Wiessner (Reuters) – Twitter Inc owner Elon Musk’s mandate that employees stop working remotely and put in “long hours at high intensity” discriminates against worker[...]
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U.S. labor market remains tight despite technology sector layoffs
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, showing widespread layoffs remain low despite a surge in technology-s[...]
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Startup ID.me’s claim on scope of unemployment fraud was baseless, U.S. Congress says
By Paresh Dave OAKLAND, Calif. (Reuters) – Government contractor ID.me, which checks the identity of benefits applicants, had no basis for its claim that almost half of unemployment aid during t[...]
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Musk says he made some Tesla decisions without board nod, defends $56 billion pay
By Tom Hals and Hyunjoo Jin WILMINGTON, Del (Reuters) -Elon Musk said in court on Wednesday that he made some Tesla Inc decisions without the approval of the company’s directors, as he defended[...]
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Volkswagen’s $2 billion Trinity electric vehicle plant in doubt
By Jan Schwartz HAMBURG (Reuters) -Volkswagen Chief Executive Oliver Blume is reviewing whether to stick to a plan to build a new plant to assemble its Trinity electric vehicles (EV) or to use its exi[...]
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