By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission will vote on whether to propose some…
U.S. blacklists companies for aiding Russian military
By David Shepardson WASHINGTON (Reuters) -The Biden administration on Wednesday added 24 companies and other entities to an export control…
Carvana talking to lawyers, bankers about debt restructuring – Bloomberg Law
(Reuters) -Carvana Co is speaking with lawyers and investment bankers about options for managing its debt load, Bloomberg Law reported…
U.S. lawmakers decline to add Boeing 737 MAX exemption in defense bill
By David Shepardson WASHINGTON (Reuters) -U.S. lawmakers late on Tuesday declined to add an extension to an annual defense bill…
U.S. court weighs novel issue of crypto ownership in bankruptcy
By Tom Hals and Dietrich Knauth WILMINGTON, Del. (Reuters) – A U.S. judge this week is considering for the first…
SEC chair says crypto intermediaries should comply with law
By Kanishka Singh WASHINGTON (Reuters) -U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler said that companies that help facilitate…
Citigroup CEO sees trading revenue up 10% in Q4, but investment banking sliding
NEW YORK (Reuters) -Citigroup Inc expects revenue in its trading division to rise 10% in the current quarter from a…
Coinbase CEO expects revenue to plunge over 50% – Bloomberg News
(Reuters) – Cryptocurrency exchange Coinbase Global Inc revenue is set to reduce to half this year, Bloomberg News reported, citing…
Oil drops, hits lowest since January as U.S. data fans fuel demand fears
By Arathy Somasekhar HOUSTON (Reuters) -Oil edged to its lowest since the start of the year in volatile trading, after…
Washington DC sues Amazon over withheld delivery driver tips
By David Shepardson WASHINGTON (Reuters) -The District of Columbia attorney general’s office on Wednesday sued Amazon.com Inc and its Amazon…