MTPIX

Some investors backing out of SPAC merging with Trump’s media firm

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – Some investors are backing out of Digital World Acquisition Corp’s (DWAC.O) plan to …

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Tesla recalls nearly 1.1 million U.S. vehicles to update window reversing software

Register now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 22 (Reuters) – Tesla (TSLA.O) is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury.The electric vehicle manufacturer told the National Highway Traffic SafetyAdministration (NHTSA) that it would perform an …

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Japan intervenes to stop yen slide, after BOJ holds rates super low

BOJ keeps ultra-low rates, dovish policy guidanceJapan’s FX diplomat said took ‘decisive’ actionConfirmation of intervention sends dollar sliding over 2%Analysts doubt whether Tokyo can keep propping up yenBank of Canada says did not help BOJTOKYO, Sept 22 (Reuters) – Japan intervened in the foreign exchange market on Thursday to buy yen for the first time …

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Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices.The Ethereum blockchain’s mega-upgrade finally went live on Sept. 15, …

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Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits

Register now for FREE unlimited access to Reuters.comRegisterSept 19 (Reuters) – People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, saying the profitable company should not be allowed to use a bankrupt subsidiary to block lawsuits alleging the products cause cancer.They asked a panel …

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Wall Street ends choppy session higher with focus firmly on Fed

Register now for FREE unlimited access to Reuters.comRegisterAll eyes on Fed policy decision on WednesdayTraders price in small chance of 100 bps rate hikeTake Two’s GTA VI gameplay footage leaked onlineKnowbe4 jumps on take-private offerIndexes up: Dow 0.64%, S&P 0.69%, Nasdaq 0.76%Sept 19 (Reuters) – Wall Street’s main indexes ended a seesaw session higher on …

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Europe races to prepare for energy crunch this winter

Spain may shut energy-intensive industries at peak timesFrance prepares to send gas to Germany in OctoberGermany to sign LNG contracts in UAEBerlin still working on Uniper bailoutBERLIN/LISBON, Sept 19 (Reuters) – Germany was pressing on Monday to secure liquefied natural gas contracts with Gulf producers and other European states outlined measures to conserve energy, with …

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Biden, unions, rail executives struggle for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials hosted labor contract talks late on Wednesday to avert a potential rail shutdown that could disrupt cargo shipments and impede food and fuel supplies, but one small union rejected a deal and Amtrak canceled all long-distance passenger trips.Railroads including Union Pacific (UNP.N), Berkshire Hathaway’s (BRKa.N) BNSF …

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Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Reuters.comRegisterLUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court upheld a ruling that it broke competition rules and fined it a record 4.1 billion euros, in a move that may encourage other regulators to ratchet up pressure on …

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