By Dietrich Knauth NEW YORK(Reuters) - Bankrupt crypto exchange FTX sued crypto lender Voyager Digital on Monday, seeking to claw back $445.8 million in loan repayments that FTX made before collapsing into bankruptcy in November 2022. FTX and Voyager both…
By Jonathan Stempel NEW YORK (Reuters) - Elon Musk asked a U.S. judge to throw out a lawsuit claiming that his delayed disclosure of a large stake in Twitter Inc defrauded shareholders who sold Twitter stock at artificially low prices…
NEW YORK (Reuters) -Demand for U.S. crude and petroleum products rose 178,000 barrels per day (bpd) in November to 20.59 million bpd, the highest since August, the U.S. Energy Information Administration (EIA) said Tuesday in its Petroleum Supply Monthly (PSM)…
By Tom Hals, Mike Spector and Dan Levine (Reuters) -A U.S. appeals court on Monday shot down Johnson & Johnson's attempt to offload tens of thousands of lawsuits over its talc products into bankruptcy court. The ruling marked the first…
By David Shepardson WASHINGTON (Reuters) -A U.S. House committee said Thursday it will hold a hearing next Wednesday on supply chain and transportation infrastructure issues that will feature trucking, railroad and union groups. The Republican-led U.S. House Transportation and Infrastructure…
(Reuters) - Alphabet Inc's Google said on Wednesday it believes the complaint from the U.S. Department of Justice accusing the company of abusing its dominance in digital advertising is "without merit". The company also added it will "defend itself vigorously".…
(Reuters) -The New York Stock Exchange said on Wednesday a manual error triggered a technical issue that prevented the opening auctions in some listed stocks, leading to widespread confusion and attracting a review from the U.S. Securities and Exchange Commission.…
By Jeffrey Dastin (Reuters) -Microsoft Corp on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and setting the stage for more competition with rival Alphabet Inc's Google. Recently touting…
By Hannah Lang (Reuters) - New York’s chief financial regulator is set to release new guidance on Monday dictating that companies separate customers' crypto assets from their own, after alleged co-mingling of funds at collapsed crypto exchange FTX and its…
By Jody Godoy SAN FRANCISCO (Reuters) -Elon Musk, Tesla Inc's chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he…