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Binance to end support for USDC stablecoin on Tron blockchain network

(Reuters) -Cryptocurrency exchange Binance said on Monday it will end support for deposits and withdrawals via the Tron blockchain network for a digital stablecoin that is pegged to the U.S. dollar. Last month, Boston-based crypto firm Circle said it would no longer mint USDC tokens on Tron, a fast-growing platform widely used for transferring stablecoins. …

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Chrysler to recall about 286,000 US vehicles over airbag inflator issue, NHTSA says

(This March 22 story has been refiled to change SABIC to side air bag inflatable curtain in paragraph 4) (Reuters) – Chrysler is recalling nearly 286,000 vehicles in the United States over a manufacturing defect that might cause the side curtain airbag inflators to rupture, the National Highway Traffic Safety Administration (NHTSA) said on Friday. …

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US FAA boosting oversight of United, may delay airline projects

By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration is increasing oversight of United Airlines to ensure the carrier’s compliance with safety regulations, the agency said on Saturday, following a series of safety incidents. The FAA will initiate a formal evaluation to ensure the Chicago-based airline “is complying with safety regulations; identifying hazards and …

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Disney criticizes Peltz remarks about casting of ‘Black Panther,’ ‘The Marvels’

By Dawn Chmielewski (Reuters) – Walt Disney Co on Friday said that remarks by activist investor Nelson Peltz criticizing the company for making movies dominated by female and Black actors is evidence that he shouldn’t be on Disney’s board. Peltz, whose fight to join Disney as a director has become one of the year’s most …

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FBI tells Alaska Airlines 737 MAX 9 passengers they may be crime victims

By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Bureau of Investigation has told passengers who were on an Alaska Airlines Boeing 737 MAX 9 that suffered a Jan. 5 mid-air emergency that they may be victims of a crime, according to letters seen by Reuters. The letters, a procedural step in some criminal investigations …

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S&P 500 ends near flat but index posts biggest weekly gain of year

By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 ended little changed on Friday, but the index registered its biggest weekly percentage gain of 2024 after the Federal Reserve this week stuck with projections for three interest rate cuts by year’s end. The Nasdaq ended slightly higher for the day, along with an index of …

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Biden administration urges US Supreme Court to reject Musk appeal in SEC dispute

By John Kruzel WASHINGTON (Reuters) – President Joe Biden’s administration on Friday urged the U.S. Supreme Court to turn away billionaire businessman Elon Musk’s dispute with the Securities and Exchange Commission. Musk in December asked the justices to take up his appeal after a lower court upheld his consent decree with the SEC that arose …

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UnitedHealth unit will start processing $14 billion medical claims backlog after hack

By Leroy Leo (Reuters) -UnitedHealth Group said on Friday its Change Healthcare unit will start to process the medical claims backlog of more than $14 billion as it resumes some software services disrupted by a cyberattack last month. The company has been scrambling to resume services at the technology unit that was hit by a …

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US to boost scrutiny of United Airlines after safety incidents

By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) – United Airlines said late Friday that U.S. safety regulators will boost scrutiny of the airline after a series of recent safety incidents. United’s corporate safety vice president, Sasha Johnson, said in a memo that over the next several weeks employees will see more of a …

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