Republicans open first hearing in Biden impeachment inquiry

WASHINGTON (Reuters) -The Republican-led U.S. House of Representatives held its first hearing on Thursday in its impeachment inquiry against Democratic President Joe Biden, less than three days before the government will partially shut down without congressional action.

newspaper

28-09-2023

Bankman-Fried loses bid for release from jail during trial

Sam Bankman-Fried, the indicted founder of now-bankrupt cryptocurrency exchange FTX, on Thursday lost his bid to be released from jail during his fraud trial starting next week.

newspaper

28-09-2023

US GDP revised down in every first quarter from 2020 to 2022

U.S. economic activity was either even weaker or not as strong as previously estimated in each of the first quarters of 2020, 2021 and 2022 amid downgrades mostly to consumer spending, revised government data showed on Thursday.

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28-09-2023

JetBlue cuts revenue forecast due to weather disruptions, staffing gaps

U.S. carrier JetBlue Airways warned on Thursday it expects third-quarter revenue to be at the low end of its prior forecast due to a bigger hit from weather-related disruptions and gaps in air traffic control staffing.

newspaper

28-09-2023

Tesla trial over Autopilot fatality kicks off in California

Opening statements are set to begin on Thursday in the first U.S. trial over allegations that Tesla's Autopilot driver assistant feature led to a death, and its results could help shape similar cases across the country.

newspaper

28-09-2023

Who is Caroline Ellison, a key witness set to testify against Sam Bankman-Fried?

In 2018, a bespectacled Stanford graduate named Caroline Ellison decided to leave her job on Wall Street to join a startup cryptocurrency hedge fund called Alameda Research because she thought she would earn more money to give to charitable causes.

newspaper

28-09-2023

Judge assigned to US antitrust case against Amazon recuses himself

The judge assigned to the U.S. Federal Trade Commission's antitrust lawsuit against Amazon.com has recused himself from the case, according to a court document filed on Wednesday.

newspaper

28-09-2023

Union urges US regulators to deny GM's self-driving Cruise a safety exemption

WASHINGTON (Reuters) -The International Brotherhood of Teamsters union on Wednesday asked U.S. auto safety regulators to deny a petition by General Motors to exempt its autonomous vehicle unit Cruise Origin from vehicle safety standards.

newspaper

27-09-2023