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(Reuters) -Crypto exchange Kraken said on Thursday it is launching tokens of U.S. equities that will trade around the clock, giving non-U.S. investors exposure to high-profile companies such as Apple, Tesla and Nvidia. Tokenization refers to the process of issuing digital representations of publicly-traded securities. Instead of holding the securities directly, investors hold tokens that …

Kraken launches tokens to offer 24/7 trading of U.S. equities Read More »

By Jonathan Stempel (Reuters) -The department store chain Dillard’s sued Wells Fargo on Thursday, saying the bank repeatedly breached a since-abandoned co-branded credit card relationship, causing tens of millions of dollars in losses. In a heavily redacted complaint filed in Manhattan federal court, Dillard’s said Wells Fargo became an “unwilling and incapable partner” after reaching …

Dillard’s sues Wells Fargo for allegedly abandoning co-branded card relationship Read More »

By David Shepardson WASHINGTON (Reuters) -The U.S. Senate on Thursday voted to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states representing a third of the U.S. auto market. The vote sends to President Donald Trump the measure to repeal a waiver granted …

US Senate votes to block California 2035 electric vehicle rules Read More »

By Nicolás Misculin BUENOS AIRES (Reuters) – In the Villarroel meat plant outside Buenos Aires, workers skillfully butcher cuts of Argentine beef, popular with restaurants from Shanghai to New York. But the country’s steak exports are now sliding as costs rise on a stronger local peso. In the first four months of the year, beef …

Where’s the beef? Argentine steak exports slide as strong peso inflates costs Read More »

(Reuters) -The U.S. Justice Department is probing whether Alphabet’s Google violated antitrust law in its agreement with Character.AI that allows the tech giant to use the AI startup’s technology, Bloomberg Law reported on Thursday. Antitrust enforcers have recently told Google they are examining whether the company structured the agreement with Character.AI to avoid formal government …

Google faces DOJ probe over Character.AI deal, Bloomberg Law reports Read More »

By Bo Erickson WASHINGTON (Reuters) -U.S. Senate Republicans said on Thursday they will seek substantial changes to President Donald Trump’s sweeping tax and spending bill after it narrowly won approval in the House of Representatives, in a sign that significant hurdles remain for the package. Just hours after House Republicans passed it with only one …

Not done yet: US Senate Republicans plan changes to House’s Trump tax-cuts bill Read More »