Category Archives:
Crypto lender Celsius defends bitcoin mining plans as bankruptcy kicks off
By Dietrich Knauth (Reuters) - Cryptocurrency lender Celsius Network said bitcoin mining is key to the company's restructuring efforts at a U.S. bankruptcy court hearing on Monday in Manhattan. New Je...
Jul 18, 2022
How China became ground zero for the auto chip shortage
By Sarah Wu, Jane Lanhee Lee and Kevin Krolicki TAIPEI/SHANGHAI/SINGAPORE (Reuters) - From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip ...
Jul 18, 2022
Twitter claims Musk is ‘slow-walking’ trial over $44 billion deal
By Tom Hals WILMINGTON, Del. (Reuters) - Twitter Inc on Monday accused Elon Musk of trying to "slow walk" the company's lawsuit to hold him to his $44 billion takeover and urged a September trial to e...
Jul 18, 2022
Word of Trump’s social media deal said to have leaked months in advance -NYT
(Reuters) - Employees at a Miami investment firm had learned of a pending merger deal between former President Donald Trump's social media company and a blank-check entity, long before it was announce...
Jul 18, 2022
U.S. banks take hit on leveraged loans as deals slump, rates rise
By Saeed Azhar and Elizabeth Dilts Marshall NEW YORK (Reuters) - U.S. banks have started taking a hit on their leveraged loans' exposure as the outlook for dealmaking turns sour amid rising interest r...
Jul 18, 2022
Solid-state EV batteries could cut carbon emissions further, says climate group
By Nick Carey LONDON (Reuters) - Solid-state batteries could cut the carbon footprint of electric vehicle (EV) batteries by 29% compared with today's liquid lithium-ion batteries and could reduce it e...
Jul 18, 2022
No fertility treatments for OSF LGBTQ employees, according to report
UPDATED 6:10 p.m. PEORIA, Ill. – A published report criticizes Peoria-based OSF HealthCare for a particular benefit it doesn’t provide some of its employees. An article in Bloomberg Law on...
Jul 18, 2022
New UK finance minister targets inflation, ‘sound finances’
By David Milliken LONDON (Reuters) - Britain's government must focus on sound public finances and avoid further fuelling inflation by pumping up demand, new finance minister Nadhim Zahawi is due to sa...
Jul 18, 2022
Nikola pushes shareholder meeting for the third time
(Reuters) - Electric-vehicle maker Nikola Corp has delayed its shareholder meeting for the third time since June, giving shareholders more time to weigh a proposal to raise the number of outstanding s...
Jul 18, 2022
Texas state police to conduct internal review of Uvalde shooting response
By Kanishka Singh (Reuters) - Texas state police will form an "internal committee" to review the response by state law enforcement to the May elementary school mass shooting in Uvalde, after a Texas l...
Jul 18, 2022
Peoria, IL, USA
52 °F Overcast
