Three maritime legal experts told Business Insider that the owner of the Singapore-flagged vessel called the Dali will almost certainly invoke a 19th-century federal law — that was successfully used by the owner of the Titanic — to try to limit its liability in the…
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) -Blackwells Capital upped the pressure on Walt Disney (NYSE:) in a long-running boardroom battle, suing the entertainment giant on Thursday for information that may point to possible disclosure violations in dealings with hedge fund ValueAct Capital. The suit, filed in a…
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Trump Media’s trading debut this week gave Donald Trump’s biggest fans a way to show their support with their wallets, albeit in a seriously risky way that…
RBNZ Governor Orr was seen dovish, which seems to be applying pressure to the NZD. GDP and Initial Jobless Claims cushion the USD. Weak Chicago PMI figures limit the upside. Markets adjusted their expectations for a June rate cut which also adds strength to the USD. The NZD/USD is currently traded…
Parallel Studios, the startup behind Ethereum NFT card-battler Parallel, announced late Wednesday that it has raised $35 million in fresh funding from a bevy of major firms around the crypto world and numerous well-known angel investors. The list includes investment management giant VanEck, Solana Ventures, the Base Ecosystem Fund, Collab…
The wife of an American detained in Afghanistan is deeply concerned about her husband’s well-being, and pleading for the chance to tell President Joe Biden about the urgency of his case. Ryan Corbett, who has been detained by the Taliban since August 2022, was able to call his wife Anna…
By Jamie McGeever (Reuters) – A look at the day ahead in…
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By Leika Kihara TOKYO (Reuters) -Core inflation in Japan’s capital slowed in…
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By David Shepardson and Nate Raymond WASHINGTON (Reuters) – A U.S. judge…
POLITICS
View MoreThe Office of Management and Budget on Thursday announced changes to how the federal government asks about people’s race and ethnicity, including in the US census. Under the new standards, scheduled to publish Friday, the government will collect race and ethnicity information using a single question and will include a new Middle Eastern and North African category as a choice, the Office of Management and Budget said. The question measuring a respondent’s race or ethnicity will now include seven broad categories: White, Hispanic or Latino, Black or African American, Asian, American Indian or Alaska Native, Middle Eastern or North African,…
A federal court said Thursday that it will allow a US House election in South Carolina for Republican Rep. Nancy Mace’s seat to proceed under a map it had previously…
A Republican state representative in Michigan, Rep. Matt Maddock, claimed on social media on Wednesday night that he had photo evidence of “illegal invaders” arriving at Detroit Metro Airport. One of the…
President Joe Biden on Thursday will join Barack Obama and Bill Clinton, the only living two-term Democratic presidents, aiming to use their star power to woo big-pocketed donors as Biden…
Markets
View MoreIf you’re over the hefty cost and setup of cable, the best live TV streaming services offer a solid alternative…
Finance
View MoreThe clanging of Sam Bankman-Fried’s leg shackles announced his entrance into Manhattan federal court, where he learned that he was sentenced to 25 years in prison…
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Consumer sentiment has rebounded sharply, but the retail “vibe-cession” is likely to…
Investing
Sam Bankman-Fried has been sentenced to 25 years in federal prison for defrauding customers and investors in his failed crypto exchange FTX, a Manhattan court ruled Thursday. Before announcing the sentence, Judge Lewis Kaplan said there was a risk “that this man will be in a position to do something…
Economy
(This March 26 story has been refiled to correct the data source…
Fintech
Sam Bankman-Fried, the disgraced cryptocurrency mogul, has finally learned his fate.US District…