By Arunima Kumar and Sourasis Bose (Reuters) -A U.S. Senate committee on Wednesday voted to advance a marijuana banking bill, raising hopes for the cash-dependent cannabis sector to get access to regular banking services. The Secure and Fair Enforcement Regulation Banking Act (SAFER) bill, introduced by a bipartisan group of senators last week, will now …
Cannabis banking legislation moves forward in US Senate Read More »
By Miguel Lo Bianco BUENOS AIRES (Reuters) – Argentina’s historic Plaza de Mayo square in the center of Buenos Aires, where crowds often gather to celebrate or protest, has become the scene for a regular silent nighttime vigil: growing numbers of people in poverty looking for a hot meal. The South American country is battling …
Buenos Aires central square becomes nighttime soup kitchen as poverty rises Read More »
(Reuters) -U.S. government services would be disrupted and hundreds of thousands of federal workers would be furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed essential would remain on the job, but without pay. Many government agencies have not updated shutdown plans they have prepared in …
Factbox-US government shutdown: What closes, what stays open? Read More »
(Reuters) – Former Microsoft product chief Panos Panay will lead Amazon.com’s unit responsible for the firm’s Alexa and Echo products, the e-commerce giant said on Wednesday. Panay, who was with Microsoft for over 19 years and most recently lead the Windows + Devices division, will take up the new role in October. He will replace …
Former Microsoft product chief joins Amazon as head of devices business Read More »
By Milana Vinn (Reuters) -Pros Holdings Inc, a U.S. provider of revenue management software to airlines and other industries, is exploring options that include a potential sale, according to people familiar with the matter. Pros, which has struggled to return to profitability, is being advised by investment bank Qatalyst Partners in its discussions with potential …
Exclusive-Revenue management software vendor Pros explores sale -sources Read More »
By Amina Ismail and Timour Azhari MOSUL, Iraq (Reuters) -A fire ripped through a packed wedding hall in northern Iraq late on Tuesday, killing more than 100 people in a Christian town that had survived Islamic State occupation. Fire fighters searched the charred remains of the building in Qaraqosh, also known as Hamdaniya, through Wednesday …
Iraq wedding fire kills more than 100, relatives identify bodies Read More »
NEW YORK (Reuters) -The U.S. government on Wednesday sued eBay, accusing it of violating federal environmental laws for failing to stop the sale of several harmful products on its platform. In a complaint filed in the federal court in Brooklyn, New York, the U.S. Department of Justice objected to the sale of aftermarket products designed …
(Reuters) – Washington Trust Bank, the largest community bank in the country, will pay $9 million to settle civil rights charges that it discriminated against primarily Black and Hispanic mortgage applicants, the U.S. Justice Department announced on Wednesday. (Reporting by Sarah N. Lynch; Editing by Mark Porter)
(Reuters) – Billionaire Ken Griffin’s Citadel will take a tougher stance against the U.S. Securities and Exchange Commission and is willing to take the regulator to court over its WhatsApp probe, Bloomberg News reported on Wednesday citing people familiar with the matter. The SEC has collected thousands of staff messages from more than a dozen …
Citadel ready to battle SEC over WhatsApp probe – Bloomberg News Read More »
WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on a network it said was helping procure sensitive parts for Iran’s drone program, and accused Tehran of supplying Russia with drones to support Moscow’s invasion of Ukraine. The network has facilitated shipments and financial transactions in support of the powerful Islamic Revolutionary Guards Corps’ (IRGC) …
US targets Iran drone procurement network, accuses it of aiding Russia Read More »
