By Marianna Parraga HOUSTON (Reuters) -Lawyers representing holders of a defaulted Venezuelan bond and some bidders that participated in a…
Category: Business
J.P.Morgan wary of stablecoin’s trillion-dollar growth bets, cuts them by half
By Rashika Singh (Reuters) -J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections…
Analysis-Platinum prices have limited upside after June’s stellar rally
By Polina Devitt and Anushree Mukherjee LONDON (Reuters) -Platinum prices have limited room to rise further after a record quarterly…
AOS settles with US over unauthorized Huawei shipments
By Karen Freifeld (Reuters) -Alpha and Omega Semiconductor Limited has agreed to pay $4.25 million to settle with the U.S.…
Microsoft to cut about 4% of jobs amid hefty AI bets
(Reuters) -Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts…
Visa defeats lawsuit over ‘card draining’ Vanilla gift card scam
By Jonathan Stempel NEW YORK (Reuters) -Visa defeated a proposed class action lawsuit on Monday by consumers who accused the…
Circle surges as US Senate clears path for stablecoin regulation
By Manya Saini (Reuters) -Shares of Circle Internet jumped 16% in morning trading on Wednesday after the U.S. Senate approved…
Trump Media seeks SEC approval for bitcoin and ethereum ETF
By Suzanne McGee and Manya Saini (Reuters) -Trump Media & Technology Group is seeking to launch an exchange-traded fund that…
BetMGM boosts annual forecast on iGaming, online growth
(Reuters) -Ladbrokes owner Entain said on Monday BetMGM, its U.S. sports-betting joint venture with MGM Resorts, raised its annual revenue…
23andMe’s founder Anne Wojcicki wins bid for bankrupt DNA testing firm
By Siddhi Mahatole and Mariam Sunny (Reuters) -Anne Wojcicki is set to regain control of 23andMe after a $305 million…