WASHINGTON (Reuters) – The U.S. Justice Department will “announce a major, international cryptocurrency enforcement action” on Wednesday, it said in…
Bankman-Fried says claims made by FTX lawyers ‘misleading’
(Reuters) – FTX founder Sam Bankman-Fried in a blog post refuted some claims made by the company’s lawyers on Tuesday,…
Oil eases 1% as U.S. recession worries offset China recovery hopes
By Scott DiSavino NEW YORK (Reuters) – Oil prices fell about 1% on Wednesday, surrendering early gains as worries about…
Costco must face lawsuit over ‘dolphin safe’ tuna claim
By Jonathan Stempel (Reuters) – A U.S. judge on Tuesday said Costco Wholesale Corp must face a lawsuit claiming it…
Heavy slate of U.S. oil refinery overhauls to crimp fuel output
By Laura Sanicola WASHINGTON (Reuters) – U.S. oil refiners plan twice as many refinery overhauls this spring as usual, aiming…
Party City files for Chapter 11 bankruptcy protection
(Reuters) -Party City Holdco Inc filed for Chapter 11 bankruptcy protection on Tuesday, making it the latest casualty in the…
Former Fox execs conspired to bribe FIFA officials, prosecution witness says
By Jack Queen (Reuters) – An Argentine businessman testified on Wednesday that two former 21st Century Fox executives and a…
U.S. airlines sound bullish on travel demand despite recession risk
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. airlines on the back of strong financial results remain upbeat about travel…
Mexico Congress confirms Mejia to central bank board
MEXICO CITY (Reuters) – Mexican lawmakers voted Wednesday to confirm the government’s nominee as the newest Bank of Mexico board…
Croatia clashes with traders over post-euro ‘wild’ price hikes
By Antonio Bronic and Daria Sito-Sucic ZAGREB (Reuters) – The Croatian government and businesses are at loggerheads as traders dismiss…