STOCKHOLM (Reuters) – Ericsson said on Thursday it would book a 2.3 billion Swedish crown ($220 million) provision for an expected fine from U.S. authorities for the breach of a settlement reached in 2019. Ericsson’s share price surged 7.7% in afternoon trading, as analysts had expected a larger fine similar to the $1 billion it …
Ericsson’s provision for U.S. probe hints of smaller fine, shares jump Read More »
By Chris Prentice, Angus Berwick and Luc Cohen (Reuters) – The father of FTX founder Sam Bankman-Fried has retained a New York attorney in recent weeks, a source familiar with the matter told Reuters, as prosecutors probe Bankman-Fried’s alleged cryptocurrency fraud scheme. Joseph Bankman, a tax law professor at Stanford Law School, has tapped Sean …
Sam Bankman-Fried’s father retains attorney – source Read More »
By Jeffrey Dastin (Reuters) -A U.S. labor board director has upheld Amazon.com Inc workers’ landmark union victory at a warehouse in New York, according to a decision issued Wednesday, bringing the online retailer closer to having to bargain with staff on a contract. Amazon has the right to appeal the decision to a wider panel …
Amazon workers’ union victory upheld by U.S. labor board director Read More »
By Jason Lange WASHINGTON (Reuters) – An expected showdown between President Joe Biden’s Democrats and a newly minted Republican majority in the U.S. House of Representatives over the debt ceiling is threatening to push Washington to the brink of a debt crisis. WHAT’S THE DEBT CEILING? Washington regularly sets a limit on federal borrowing. Currently, …
Explainer-Washington creeps toward a debt catastrophe, again Read More »
(Reuters) – Olympus Corp, a Japanese medical device maker, said it was taking action to address concerns raised by the U.S. health regulator related to violations found during the inspection of the company’s facilities in Japan. The U.S. Food and Drug Administration (FDA) said on Monday it had issued warning letters to Olympus’ units pertaining …
Olympus says fixing issues raised by U.S. FDA about facilities in Japan Read More »
Por Karl Plume CHICAGO, 12 ene (Reuters) – Los futuros del maíz y soja de Estados Unidos subían el jueves, después de que el Departamento de Agricultura (USDA) recortó inesperadamente sus estimaciones de cosecha de 2022 para ambos cultivos, lo que resultó en suministros menores a los esperados. * Los futuros de trigo subían gracias …
Maíz y soja suben después de que USDA recorta previsión de cosecha de 2022 Read More »
Por Sarah N. Lynch y Jarrett Renshaw WASHINGTON, 12 ene (Reuters) -El fiscal general de Estados Unidos, Merrick Garland, anunció el jueves el nombramiento de un fiscal especial para investigar el manejo de documentos gubernamentales confidenciales por parte del presidente Joe Biden, una pesquisa que podría ensombrecer la esperada candidatura del demócrata a la reelección …
EEUU nombra un fiscal especial para investigar la gestión de documentos de Biden Read More »
KABUL (Reuters) – The head of a major aid group that suspended work in Afghanistan after the Taliban banned female NGO workers said on Thursday he would write to the the administration’s senior figures in Kandahar and ask them to change the policy. Jan Egeland, the Secretary General of the Norwegian Refugee Council, told Reuters …
Aid chief to ask Taliban’s Kandahar leaders to scrap female worker ban Read More »
By Hyonhee Shin SEOUL (Reuters) -The South Korean government unveiled a plan on Thursday to compensate victims of Japan’s wartime forced labour through its own public foundation – instead of using funds from Japanese companies – prompting backlash from victims and their families. South Korea’s Supreme Court in 2018 ordered Japanese firms to pay reparations …
South Korea hints at compensating victims of Japan’s colonial forced labour Read More »
By Ross Kerber (Reuters) – The top U.S. securities regulator has cited April as the release date for a long-anticipated rule on companies’ climate-related disclosures, according to a recent federal notice. In a draft proposal last March the U.S. Securities and Exchange Commission said it would require public companies to spell out their own direct …
U.S. securities regulator lists April for climate rule action Read More »
