By Daniel Trotta (Reuters) – Four people including the pilot died and another person was critically injured when their hot air balloon crashed into the Arizona desert on Sunday after eight skydivers had successfully jumped out of the basket, investigators said. The Kubicek BB 85 Z balloon went down on Sunday in Eloy, about 65 …
WASHINGTON (Reuters) – The wife of U.S. Senator Bob Menendez on Monday sought to sever the government’s corruption case against her from her husband, according to a court document. In the document, Nadine Menendez’s lawyers said a joint trial will prejudice her right to defend herself at a fair trial. They added that a joint …
Senator Menendez’s wife asks for separate trial from husband – filing Read More »
(Reuters) – Elon Musk’s social media platform X, formerly known as Twitter, on Monday received a money-transmitter license from Utah, the 15th U.S. state to grant approval as the company explores offering payment features. Utah granted the approval on Friday, according to the Nationwide Multistate Licensing System & Registry, an online database. It grants the …
Elon Musk’s X receives money transmitter license in Utah Read More »
By Nandita Bose WASHINGTON (Reuters) -President Joe Biden’s 2024 reelection team and his Democratic Party said on Monday they raised over $97 million in the last three months of 2023, amid opinion polls showing voter concerns over his age, high prices and handling of the Israel-Hamas war. The Biden campaign attributed the fundraising haul to …
Biden campaign, allies raise $97 million in fourth quarter Read More »
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Bitcoin’s price could breach $170,000 next year, driven by demand for newly listed exchange traded-funds and April’s halving event, hedge fund SkyBridge’s Anthony Scaramucci said in an interview on Monday. “If bitcoin’s at $45,000 on the halving, where it roughly is right now, it’ll …
SkyBridge’s Scaramucci sees bitcoin over $170,000 by 2025 on halving, spot ETFs Read More »
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Initial public offering activity should recover in 2024 as borrowing costs come down and equity markets are less volatile, the vice-chair of the New York Stock Exchange said in an interview on Monday. “We have a robust pipeline from across sectors and geographies,” John …
NYSE vice-chair sees ‘robust’ pipeline of potential IPOs in 2024 Read More »
By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) – Swiss engineering group ABB sees limited impact from disruptions in the Red Sea on its supply chains, Chairman Peter Voser said in an interview on Monday ahead of the World Economic Forum’s (WEF) annual meeting in Davos. “I think for ABB, it has less of …
ABB chairman sees limited impact from Red Sea disruptions Read More »
By Mayela Armas CARACAS (Reuters) – Venezuela’s economy grew more than 5% in 2023 and growth will reach 8% this year, President Nicolas Maduro said on Monday during his annual address to the government-allied legislature. Venezuela’s economy has suffered a prolonged meltdown marked by triple-digit inflation and a mass exodus of millions of migrants seeking …
Venezuela economy grew 5% in 2023, will reach 8% this year-Maduro Read More »
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion cryptocurrency fraud, so that Kwon can be extradited and attend. In a Monday filing in Manhattan federal court, the SEC said a “modest” …
US SEC willing to delay Terraform Labs trial for Do Kwon’s extradition Read More »
WASHINGTON (Reuters) -Boeing will add further quality inspections for the 737 MAX after a mid-air blowout of a cabin panel in an Alaska Airlines MAX 9 earlier this month, the head of its commercial airplanes division said on Monday. The planemaker will also deploy a team to supplier Spirit AeroSystems – which makes and installs …
Boeing to add further quality inspections for 737 MAX Read More »
