By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) -Blackwells Capital upped the pressure on Walt Disney (NYSE:) in a long-running boardroom battle, suing the entertainment giant on Thursday for information that may point to possible disclosure violations in dealings with hedge fund ValueAct Capital.…
RBNZ Governor Orr was seen dovish, which seems to be applying pressure to the NZD. GDP and Initial Jobless Claims cushion the USD. Weak Chicago PMI figures limit the upside. Markets adjusted their expectations for a June rate cut which also adds strength to the USD. The NZD/USD is currently traded…
Parallel Studios, the startup behind Ethereum NFT card-battler Parallel, announced late Wednesday that it has raised $35 million in fresh funding from a bevy of major firms around the crypto world and numerous well-known angel investors. The list includes investment management giant VanEck, Solana Ventures, the Base Ecosystem Fund, Collab…
The wife of an American detained in Afghanistan is deeply concerned about her husband’s well-being, and pleading for the chance to tell President Joe Biden about the urgency of his case. Ryan Corbett, who has been detained by the Taliban since August 2022, was able to call his wife Anna…
Shōgun’s sixth episode is appropriately titled, “Ladies Of The Willow World” and is focused heavily on the cast’s female characters, including the important backstory of Mariko (Anna Sawai) and her once-friend Ruri—now Ochiba No Kata (Fumi Nikaido)—the mother of the heir to the Taikō. We already learned bits and pieces…
Food prices, both “at home” (think grocery stores) and “away from home” (think restaurants), are up 25% during the Covid period from January 2020. This high cost change of a consumer necessity is cause for recessionary actions. Reuters just published this timely article that explains the food inflation’s reality effects:…
Undergraduate applications to Harvard University dipped to four-year lows for the class…
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Editor’s Note: A version of this story appeared in CNN Business’ Nightcap…
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The Q4 US GDP was revised higher to 3.4%, while Initial Jobless…
POLITICS
View MoreHouse Oversight Chairman James Comer officially invited President Joe Biden to testify at a public hearing as House Republicans look revive interest in their stalled impeachment inquiry into the president – even as the White House has shot down the move as “a sad stunt.” Comer suggested the hearing occur April 16, but said he was willing to negotiate with the White House on a date that worked with the president’s schedule. “Comer knows 20+ witnesses have testified that POTUS did nothing wrong. He knows that the hundreds of thousands of pages of records he’s received have refuted his false allegations,” White House spokesperson Ian Sams posted on X last week…
A Republican state representative in Michigan, Rep. Matt Maddock, claimed on social media on Wednesday night that he had photo evidence of “illegal invaders” arriving at Detroit Metro Airport. One of the…
President Joe Biden on Thursday will join Barack Obama and Bill Clinton, the only living two-term Democratic presidents, aiming to use their star power to woo big-pocketed donors as Biden…
Speaker Mike Johnson informed Senate Majority Leader Chuck Schumer that the House will send the impeachment articles against Department of Homeland Security Alejandro Mayorkas to the Senate on April 10,…
Markets
View MoreBy Dietrich Knauth NEW YORK (Reuters) – Rite Aid (NYSE:), one of the largest U.S. pharmacy chains, received permission from…
Finance
View MoreThe clanging of Sam Bankman-Fried’s leg shackles announced his entrance into Manhattan federal court, where he learned that he was sentenced to 25 years in prison…
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(This March 26 story has been refiled to correct the data source…
Investing
Sam Bankman-Fried has been sentenced to 25 years in federal prison for defrauding customers and investors in his failed crypto exchange FTX, a Manhattan court ruled Thursday. Before announcing the sentence, Judge Lewis Kaplan said there was a risk “that this man will be in a position to do something…
Economy
By Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) – The Biden administration…
Fintech
Sam Bankman-Fried, the disgraced cryptocurrency mogul, has finally learned his fate.US District…