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October 22, 2021

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Ex-Giuliani associate Parnas found guilty of violating U.S. campaign finance law

Reuters
NEW YORK, Oct 22 (Reuters) – A federal jury on Friday convicted Lev Parnas, a one-time associate of Donald Trump’s former personal lawyer Rudy Giuliani, of violating U.S. campaign finance laws during the 2018 elections. Parnas, a Ukraine-born American businessman and his former associate Igor Fruman were accused of soliciting......

Turkey’s Halkbank can be prosecuted over Iran sanction violations, U.S. appeals court rules

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. Oct......

Intel shares sink as chipmaker predicts lower margins in years ahead

Reuters
Visitors are seen at the Intel booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song/Files Oct 21 (Reuters) – Intel Corp (INTC.O) on Thursday forecast lower profit margins for years to come as......

EXCLUSIVE Huawei, SMIC suppliers received billions worth of licenses for U.S. tech

Reuters
WASHINGTON, Oct 21 (Reuters) – Suppliers to Chinese telecoms giant Huawei and China’s top chipmaker SMIC got billions of dollars worth of licenses from November through April to sell the firms goods and technology despite being on a U.S. trade blacklist, documents released by Congress and seen by Reuters showed......

U.S. regulators to unveil blueprint to tackle financial climate risks

Reuters
WASHINGTON, Oct 21 (Reuters) – A top U.S. regulatory panel is scheduled on Thursday to unveil recommendations for ensuring the financial system can withstand risks created by climate change, a development that could ultimately lead to new rules and stricter oversight for Wall Street. The report by the Financial Stability......

EV truck maker Rivian plans in-house battery cell manufacturing

Reuters
The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for customers who preordered the truck, in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo/File Photo SAN FRANCISCO, Oct 1 (Reuters) – Electric truck maker Rivian Automotive, which currently sources batteries from......

Biden administration asks judge to halt strict Texas abortion law

Reuters
Oct 1 (Reuters) – President Joe Biden’s administration on Friday urged a judge to block a near-total ban on abortion imposed by Texas – the strictest such law in the nation – in a key moment in the ferocious legal fight over abortion access in the United States. The U.S.......

Zoom, Five9 to terminate nearly $15 bln all-stock deal after shareholder vote

Reuters
Small toy figures are seen in front of the Zoom logo in this illustration picture taken March 15, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Sept 30 (Reuters) – Five9 Inc (FIVN.O) shareholders voted down the call center software firm’s $14.7 billion sale to Zoom Video Communications Inc (ZM.O)on Thursday, a major blow......

Amazon settles with employees allegedly fired for criticizing working conditions

Reuters
Sept 29 (Reuters) – Amazon.com Inc (AMZN.O) and the U.S. National Labor Relations Board (NLRB) said on Wednesday the company had reached a settlement with two former employees who alleged they were fired last year after they criticized the working conditions at the e-commerce giant’s warehouses. Amazon had terminated the......

United Airlines ready to fire workers for defying vaccine mandate

Reuters
CHICAGO, Sept 28 (Reuters) – United Airlines (UAL.O) said on Tuesday nearly 600 U.S.-based employees faced termination after failing to comply with the carrier’s vaccination policy. In early August, the company became the first U.S. carrier to require COVID-19 vaccinations for all domestic employees, requiring proof of vaccination by Monday.......

In Arizona, Rio Tinto CEO seeks ‘win-win’ for Resolution copper project

Reuters
A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray Sept 29 (Reuters) – A key Native American leader in Arizona declined to meet Rio Tinto Plc’s (RIO.L)(RIO.AX) chief executive this week, the latest roadblock in the mining......

CNN denies Australians access to its Facebook pages, cites defamation risk

Reuters
SYDNEY, Sept 29 (Reuters) – CNN said it is preventing Australians from accessing its Facebook Inc (FB.O) pages after a court ruled that publishers can be liable for defamation in public comment sections and the social media firm refused to help it disable comments in the country. The move makes......

China asking state-backed firms to pick up Evergrande assets – sources

Reuters
An aerial view shows the construction site of Guangzhou Evergrande Soccer Stadium, a new stadium for Guangzhou FC, developed by China Evergrande Group, in Guangzhou, Guangdong province, China. Picture taken September 26, 2021 with a drone. REUTERS/Thomas Suen HONG KONG, Sept 28 (Reuters) – Beijing is prodding government-owned firms and......

EXCLUSIVE JPMorgan’s Dimon cautions a U.S. default would be ‘potentially catastrophic’

Reuters
Jamie Dimon, CEO of JPMorgan Chase, takes part in a panel discussion about investing in Detroit during a panel discussion at the Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., April 11, 2018. REUTERS/Brian Snyder/File Photo WASHINGTON, Sept 28 (Reuters) – JPMorgan Chase & Co (JPM.N) has......

Analysis: Huawei CFO’s admissions won’t help U.S. in its case against the company -legal experts

Reuters
Sept 28 (Reuters) – The admission by Huawei’s chief financial officer that she misled a bank about the company’s business dealings in Iran likely won’t help the United States as it continues to prosecute Huawei for the same charges. While Meng Wanzhou’s admissions last week go to the heart of......

Mali could delay post-coup elections, interim PM says

Reuters
DAKAR, Sept 27 (Reuters) – Mali could push back presidential and legislative elections set for next February to avoid their validity being contested, its post-coup prime minister said. Mali’s progress back to democracy following the August 2020 overthrow of President Ibrahim Boubacar Keita is being closely monitored in a region......

U.S. citizens blocked from leaving China return home after three years

Reuters
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo WASHINGTON, Sept 27 (Reuters) – Two American siblings prevented from leaving China since 2018 returned to the United States over the weekend, according to a U.S. official, their release......

U.S. citizens blocked from leaving China return home after three years

Reuters
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo WASHINGTON, Sept 27 (Reuters) – Two American siblings prevented from leaving China since 2018 returned to the United States over the weekend, according to a U.S. official, their release......

Two Fed officials depart amid scrutiny over investment trades

Reuters
WASHINGTON, Sept 27 (Reuters) – Two Federal Reserve officials who came under scrutiny for investment trades they made last year announced their retirements on Monday, in a controversy that has already sparked a planned review of the Fed’s ethics rules. Dallas Fed President Robert Kaplan said he will retire on......

U.S. SEC charges individuals in ‘meme stock’ options trading scheme

Reuters
The U.S. Securities and Exchange Commission headquarters in Washington, D.C., U.S. REUTERS/Andrew Kelly WASHINGTON/NEW YORK, Sept 27 (Reuters) – The U.S. Securities and Exchange Commission on Monday charged two individuals for a fraudulent trading scheme involving so-called “meme stocks” aimed at taking advantage of a surge in retail trading driven......

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