Business

WASHINGTON, June 8 (Reuters) – Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the world’s largest crypto exchanges, for allegedly breaching its rules.The SEC on Tuesday alleged Coinbase traded at least 13 crypto assets that are… […]

[1/2] Boeing employees assemble 787s inside their main assembly building on their campus in North Charleston, South Carolina, U.S., May 30, 2023. Gavin McIntyre/Pool via REUTERSWASHINGTON, June 6 (Reuters) – Boeing (BA.N) said on Tuesday it could be forced to slow deliveries of its 787 Dreamliner after the company discovered a new production flaw that… […]

[1/2] Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/IllustrationWASHINGTON, June 6 (Reuters) – Senate Majority Leader Chuck Schumer said on Tuesday he has scheduled three briefings for senators on artificial intelligence, including the first classified briefing on the topic.In a letter to colleagues on Tuesday, the Democratic leader said… […]

[1/2] Electric New York City Parks Department vehicles are seen charging in Central Park in New York City, U.S., April 12, 2023. REUTERS/David Dee DelgadoNEW YORK, June 6 (Reuters) – The Biden administration will abandon a proposal to include the electric vehicle industry in the U.S. biofuel blending program and withdraw potentially billions of dollars… […]

OTTAWA, June 6 (Reuters) – Authorities in New York, Toronto and Ottawa on Tuesday warned residents about the health risks from air polluted by smoke from unprecedented early summer wildfires in eastern Canada.An unusually early and intense start to wildfire season has set Canada on track for its worst-ever year as warm and dry conditions… […]

ISTANBUL/WASHINGTON, June 6 (Reuters) – An Air India plane flying from Delhi to San Francisco was forced to divert and land at an airport in Russia’s Far East after it developed a technical issue with one of its engines, the airline said on Tuesday.The diversion of the Boeing (BA.N) 777 widebody aircraft comes amid a… […]

June 5 (Reuters) – UnitedHealth Group (UNH.N) on Monday made a surprise $3.26 billion all-cash offer to acquire Amedisys Inc (AMED.O), pitting itself against another healthcare company set to buy the home health and hospice care firm.Interest in the home health sector has jumped since the pandemic as patients and caregivers increasingly prefer accessing medical… […]

MILAN, June 5 (Reuters) – Ferrari (RACE.MI) has no plans to purchase other sports car makers, the company’s Chief Executive Benedetto Vigna said on Monday.”I don’t think it makes sense for us to buy other supercar makers,” Vigna said during a conference organized by Bloomberg, replying to a question about possible M&A operations by the… […]

ISTANBUL, June 5 (Reuters) – Saudi Arabia’s new airline Riyadh Air is in the midst of a three-part inaugural fleet acquisition including ongoing talks with Airbus (AIR.PA) and Boeing (BA.N) to buy a significant number of narrow-body jets, Chief Executive Tony Douglas said.The creation of a second Saudi national airline, with industry veteran Douglas as… […]

[1/3] A Chevrolet 2020 heavy-duty pickup truck is seen at the General Motors Flint Assembly Plant in Flint, Michigan, U.S. February 5, 2019. REUTERS/Rebecca Cook/File PhotoJune 5 (Reuters) – General Motors Co (GM.N) said on Monday it plans to invest more than $1 billion to re-tool two manufacturing sites in Flint, Michigan to prepare for… […]