Trump rebuffed by judge in New York fraud lawsuit, trial date set

Trump rebuffed by judge in New York fraud lawsuit, trial date set

NEW YORK, Nov 22 (Reuters) – A New York judge has scheduled an October 2023 trial to form US President Donald Trump, three of his adult children and the Trump Organization in a lawsuit brought by New York Attorney General Letitia James accusing them of fraudulently overvaluing the real estate company’s assets and Trump’s net … Read more

Trump’s company kicks off defense case in criminal tax fraud trial

Trump's company kicks off defense case in criminal tax fraud trial

NEW YORK, Nov 21 (Reuters) – Former US President Donald Trump’s real estate company began mounting a defense on Monday in its criminal trial on charges including tax fraud after the prosecution rested its case, questioning an outside accountant who the Trump Organization contends should have caught a top executive cheating on taxes. Prosecutors with … Read more

Trump snubs Twitter after Musk announces reactivation of ex-president’s account

Trump snubs Twitter after Musk announces reactivation of ex-president's account

Nov 19 (Reuters) – Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating the former US President, who was banned from the social media service for inciting violence, in a poll organized by new owner Elon Musk. Slightly over 15 million … Read more

Elon Musk starts Twitter poll on whether to bring back Trump

Elon Musk starts Twitter poll on whether to bring back Trump

Nov 18 (Reuters) – Elon Musk started a Twitter poll late on Friday asking followers to vote on whether to reinstate former US President Donald Trump’s account on the platform, with early results showing roughly 60% voting yes. “Vox Populi, Vox Dei,” Musk tweeted, a Latin phrase that roughly means meaning “the voice of the … Read more

US Justice Dept. names war crimes expert as special counsel for Trump probes

US Justice Dept.  names war crimes expert as special counsel for Trump probes

Trump calls special counsel appointment ‘abuse of power’ Special counsel Smith has focused on war crimes in Kosovo WASHINGTON, Nov 18 (Reuters) – US Attorney General Merrick Garland on Friday named Jack Smith, a war crimes prosecutor, to serve as special counsel to oversee Justice Department investigations related to Donald Trump including the former president’s … Read more

After Elon Musk’s ultimatum, Twitter employees start exiting

After Elon Musk's ultimatum, Twitter employees start exiting

Nov 17 (Reuters) – Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for “long hours at high intensity,” or leave. In a poll on the workplace app Blind, which verifies employees through their work email addresses and … Read more

Exclusive: How FTX bought its way to become the ‘most regulated’ crypto exchange

Exclusive: How FTX bought its way to become the 'most regulated' crypto exchange

FTX bought a 10% stake in IEX with an option to acquire 100% FTX spent $2 billion on ‘acquisitions for regulatory purposes’ Documents show FTX saw its regulatory status as a way of luring new capital from major investors Nov 18 (Reuters) – Before it collapsed this month, FTX stood apart from many rivals in … Read more

Gamers lament end of Warcraft in China as Blizzard and NetEase part ways

Gamers lament end of Warcraft in China as Blizzard and NetEase part ways

Nov 17 (Reuters) – Blizzard Entertainment (ATVI.O) and NetEase (9999.HK) caused dismay among thousands of gamers on Thursday by saying hits such as ‘World of Warcraft’ will not be available in China from next year as a 14 -year partnership ended. NetEase shares closed 9% lower in Hong Kong after Blizzard said it was unable … Read more

Musk’s all-nighters at Twitter raise concern for Tesla investors

Musk's all-nighters at Twitter raise concern for Tesla investors

SAN FRANCISCO, Nov 15 (Reuters) – In 2018, Elon Musk was working through the night and sleeping at Tesla Inc’s (TSLA.O) factories in California and Nevada as the company struggled to ramp up production of the Model 3. On Monday, Musk said he had worked through the night at Twitter’s San Francisco headquarters and would … Read more

Walmart lifts annual forecast, announces $20 bln share buyback

Walmart lifts annual forecast, announces $20 bln share buyback

Nov 15 (Reuters) – Walmart Inc (WMT.N) on Tuesday lifted its annual sales and profit forecast as demand for groceries holds up despite higher prices, while discounts on clothing and electronics helped it cut back excess inventories ahead of the busy holiday season . The company also announced a new $20-billion share buyback plan, sending … Read more