White House seeks $4 billion more in funding from Congress for disaster needs
(Reuters) – The White House is seeking an additional $4 billion in funding from Congress for disaster needs, including to…
June 2024
Factbox-Bankruptcy cases to watch after US Supreme Court Purdue Pharma ruling
(Reuters) – The U.S. Supreme Court’s ruling on Thursday scuttling OxyContin maker Purdue Pharma’s bankruptcy settlement could have a sweeping…
US charges 193 people in $2.75 billion health care fraud bust
(Reuters) – The U.S. Justice Department has charged 193 people, including 76 doctors, nurses and other medical professionals, with participating…
Elon Musk won $56 billion payday because of vote, Tesla argues in court
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla is claiming Elon Musk won his legal battle over his $56 billion…
Meta must face lawsuit claiming it prefers foreign workers over US citizens
By Daniel Wiessner (Reuters) -A U.S. appeals court on Thursday revived a software engineer’s proposed class action claiming Meta Platforms…
Crypto firm Abra reaches settlement with US states for operating without licenses
By Hannah Lang (Reuters) – Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform…
US value stocks offer opportunities for bargain-hunters, BofA’s Subramanian says
By Suzanne McGee (Reuters) – Value stocks offer some of the most compelling valuations in the U.S. equity market after…
Amazon hits $2 trillion in valuation on AI fervor, rate cut bets
(Reuters) -Amazon.com Inc hit $2 trillion in market value for the first time on Wednesday, becoming the fifth U.S. company…
Biden awards up to $75 million in CHIPS Act grant to Entegris
(Reuters) – American Chip manufacturing supplier Entegris said on Wednesday that it has inked a preliminary deal with the Biden…
US judge rejects Visa, Mastercard $30 billion swipe fee settlement
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which…