By Hannah Lang and Chris Prentice WASHINGTON/NEW YORK (Reuters) -The U.S. Securities and Exchange Commission (SEC) on Thursday said it has charged Genesis Global Capital LLC and Gemini Trust Company LLC with illegally selling securities to hundreds of thousands of investors through their crypto lending program. Genesis, a part of Digital Currency Group, entered into …

U.S. securities regulator charges Genesis, Gemini with unregistered offerings Read More »

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks closed higher on Thursday, extending recent gains as data showing a fall in consumer prices in December bolstered expectations of less aggressive interest rate hikes from the Federal Reserve. U.S consumer prices fell for the first time in more than 2-1/2 years in December, the report …

Wall St ends up as data suggests inflation may be on downward trend Read More »

(Reuters) -Carlyle Group is in discussions with senior Wall Street executives for its top role, according to a Financial Times report on Thursday, citing multiple people familiar with the matter. The private equity firm is considering Citigroup Inc’s chief financial officer Mark Mason and Morgan Stanley’s chief operating officer Jonathan Pruzan as contenders for its …

Carlyle considering senior Wall Street execs for CEO role – FT Read More »

By Brendan O’Boyle (Reuters) – At least 40 people have died in clashes between Peruvian security forces and protesters in the Andean country’s worst outbreak of violence in over 20 years, as demonstrators call for systemic political changes and accountability for the deaths. WHAT SPARKED THE PROTESTS? Protests began after Congress removed President Pedro Castillo …

Explainer-Peru protests: What is behind the violence? Read More »

By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Attorney General Merrick Garland has appointed two different special counsels to independently investigate the handling of classified records by Republican former President Donald Trump and his Democratic successor, President Joe Biden. Jack Smith, a war crimes prosecutor, is investigating whether Trump or his associates improperly retained classified …

Explainer-Biden vs. Trump: What is the difference between the two classified records cases? Read More »

By Gabriel Araujo, Paula Laier and Alberto Alerigi SAO PAULO (Reuters) -Shares in Brazilian retailer Americanas SA plummeted more than 75% on Thursday after its chief executive resigned citing the discovery of “accounting inconsistencies” totaling 20 billion reais ($3.9 billion). Outgoing CEO Sergio Rial, who replaced Miguel Gutierrez less than two weeks ago, said in …

Brazil’s Americanas shares plunge 77% after accounting ‘inconsistencies’ found Read More »