Reuters US Business

Crypto exchange Kraken valued at $20 billion in latest funding round

19 Nov 2025

(Reuters) -Crypto exchange Kraken said on Tuesday it was valued at $20 billion in its latest fundraise, a 33% increase in under two months, as digital market firms continue to attract investor interest. The $800 million dual-tranche funding round follows a crypto-friendly regulatory tone under U.S. President Trump, encouraging digital asset firms to expand in …

Crypto exchange Kraken valued at $20 billion in latest funding round Read More »

Whirlpool sues to block Samsung, LG microwave imports in patent dispute

19 Nov 2025

By Blake Brittain WASHINGTON (Reuters) -Whirlpool on Tuesday asked a U.S. trade agency to block the import and sale of microwaves from rival manufacturers based in South Korea and China, alleging they copied its patented technology for over-the-range models. The complaint, filed with the Washington-based U.S. International Trade Commission, aims to protect a key market …

Whirlpool sues to block Samsung, LG microwave imports in patent dispute Read More »

Detroit Three CEOs, Tesla VP asked to testify at US Senate hearing

18 Nov 2025

By David Shepardson WASHINGTON (Reuters) -The CEOs of the Detroit Three automakers and a senior Tesla executive have been invited to appear at a Jan. 14 Senate hearing on the impact of auto regulations and vehicle prices, Reuters has learned. General Motors CEO Mary Barra, Ford CEO Jim Farley, Stellantis CEO Antonio Filosa and Tesla …

Detroit Three CEOs, Tesla VP asked to testify at US Senate hearing Read More »

Amazon’s Zoox opens free robotaxi rides for early users in parts of San Francisco

18 Nov 2025

(Reuters) -Amazon’s self-driving unit Zoox started offering free rides to some early users in parts of San Francisco, it said on Tuesday, as it steps up expansion amid rising competition in the autonomous ride-hailing sector. Tesla’s launch of its robotaxi service this year and accelerated expansion by Alphabet’s Waymo have renewed focus on commercializing autonomous …

Amazon’s Zoox opens free robotaxi rides for early users in parts of San Francisco Read More »

US outlines new approach for proxy disputes, seen as blow to shareholder activists

18 Nov 2025

By Ross Kerber (Reuters) -The top U.S. financial regulator on Monday changed the grounds on which companies may seek permission to skip votes on shareholder resolutions, a move seen as making it more difficult for activists to force votes on contentious topics such as climate change or workforce diversity. In a notice posted to its …

US outlines new approach for proxy disputes, seen as blow to shareholder activists Read More »

US unemployment rolls swelled between mid-September and mid-October

18 Nov 2025

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans on jobless benefits surged between mid-September and mid-October, government data showed on Tuesday, suggesting an elevated unemployment rate in October as an uncertain economic environment discourages hiring.  The Labor Department only published the so-called continuing claims data for the weeks ending October 11 and 18. The …

US unemployment rolls swelled between mid-September and mid-October Read More »

Wall Street regulator drops emphasis on crypto sector exams for 2026

18 Nov 2025

By Douglas Gillison WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Monday dropped its emphasis on the oversight of companies offering crypto asset-related services as part of its priorities for examining Wall Street firms for the current fiscal year, according to an annual statement published by the agency. The SEC’s Division of Examinations, which …

Wall Street regulator drops emphasis on crypto sector exams for 2026 Read More »

Spirit Airlines unions agree to pay cuts for flight attendants, pilots

18 Nov 2025

By Doyinsola Oladipo NEW YORK (Reuters) -The unions representing Spirit Airlines pilots and flight attendants said on Tuesday that they have reached an agreement with the company for pay and benefits cuts as the carrier tries to rein in costs as part of its ongoing Chapter 11 restructuring process.   The amended collective bargaining agreements, …

Spirit Airlines unions agree to pay cuts for flight attendants, pilots Read More »

Cloudflare restores services after outage impacts thousands of internet users

18 Nov 2025

By Jaspreet Singh (Reuters) -Cloudflare has fully restored its services after an outage on Tuesday at the web-infrastructure company prevented thousands from accessing major internet platforms, including X and ChatGPT. The company said the outage that began around 6.30 a.m. ET was caused by an automatically generated configuration file, designed to manage potential security threats. …

Cloudflare restores services after outage impacts thousands of internet users Read More »

Fed’s Barkin looks forward to more economic clarity as data flow resumes

18 Nov 2025

By Howard Schneider WINCHESTER, Virginia (Reuters) -Richmond Federal Reserve President Thomas Barkin said on Tuesday he hopes coming data and ongoing community interviews will help clarify where the economy is heading, with U.S. central bank policymakers still facing tension between their inflation and employment goals and divided about the direction of monetary policy. In prepared …

Fed’s Barkin looks forward to more economic clarity as data flow resumes Read More »

Close Bitnami banner
Bitnami