WASHINGTON (Reuters) – The U.S. Trade Representative’s (USTR) office on Friday announced a further extension of all China Section 301 tariff exclusions on 352 Chinese import and 77 pandemic-related categories through June 14, and said some would be extended through May 31, 2025. WHY IT’S IMPORTANT The administration of former President Donald Trump used Section…
By Dietrich Knauth NEW YORK (Reuters) – FTX’s bankruptcy lawyers at Sullivan & Cromwell were not complicit in the fraud that caused the crypto company to collapse, a court-appointed examiner concluded on Thursday. Former FTX CEO Sam Bankman-Fried was convicted in November of stealing $8 billion from FTX customers. FTX creditors and investors had accused…
WASHINGTON (Reuters) -NATO has placed an order for Stinger anti-aircraft missiles worth almost $700 million in the name of several member states, the alliance’s Secretary-General Jens Stoltenberg said on Tuesday. “Just today, the (NATO procurement agency) NSPA signed a new multinational contract for Stinger missiles worth almost $700 million,” he told a gathering of defence…
(Reuters) -U.S. prosecutors are examining financial transactions at Block, NBC News reported on Wednesday, citing two people with direct knowledge of the matter. NBC reported that federal prosecutors were discussing with a former employee alleged widespread compliance lapses at Square and Cash App, the company’s two main units. Areas under investigation include whether the company…
Home BancShares, Inc. ( NYSE:HOMB ) , parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.21…
Hudson Technologies, Inc. ( NASDAQ:HDSN ) a leading provider of innovative and sustainable refrigerant products and services to the Heating,…
By Boldizsar Gyori, Karol Badohal and Jan Lopatka LEVICE, Slovakia (Reuters) – A 71-year-old former security guard charged on Thursday with the attempted murder of Slovak Prime Minister Robert Fico is the author of three collections of poetry who neighbours said had shown no sign of political extremism. Fico, 59, was shot as he greeted…
By Arsheeya Bajwa (Reuters) – Broadcom surged more than 13% on Thursday as its upbeat annual forecast highlighted an insatiable demand for chips used in powering AI-focused technology, while its announcement of a stock split added to the euphoria. The rising adoption of generative AI has been driving demand for companies such as Broadcom that…
By Angelo Amante ROME (Reuters) – Israel must comply with international law in Gaza and address the devastating humanitarian crisis in the Palestinian enclave, a group of Western nations wrote in a letter to the Israeli government seen by Reuters on Friday. All countries belonging to the Group of Seven (G7) major democracies, apart from…
By David Shepardson WASHINGTON (Reuters) -Boeing is in talks with the U.S. Defense Department over how the planemaker’s planned guilty plea could affect its extensive government contracts, a person briefed on the matter said. Late on Sunday, the Justice Department said in a court filing that Boeing had agreed to plead guilty to a criminal…
