(Reuters) – 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. Senior Judge John Coughenour was assigned to the case on Tuesday, when the antitrust lawsuit was filed against Amazon in federal court in Seattle. Coughenour, an […]
Who is Sam Bankman-Fried, whose fraud trial starts next week?
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Moody’s warns US government shutdown bad for country’s credit
By Davide Barbuscia NEW YORK (Reuters) -A U.S. government shutdown would harm the country’s credit, rating agency Moody’s said on Monday, a stern warning coming one month after Fitch downgraded the U.S. by one notch on the back of a debt ceiling crisis. U.S. government services would be disrupted and hundreds of thousands of federal […]
Workers with Canadian union Unifor vote in favor of Ford contract
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Ukraine war expected to have bigger impact on European economies – Swiss study
ZURICH (Reuters) -The war in Ukraine has reduced European economic growth and “considerably” pushed up inflation across the continent, the Swiss National Bank said in a study published on Friday, with worse effects still to come. Since Russia invaded Ukraine in February 2022, Europe has seen a surge in energy prices, financial market turmoil and […]
Zelenskiy presses case for more help with US hedge fund, tech titans -sources
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Instacart shares end up 12% on debut after initial pop
By Niket Nishant and Noel Randewich (Reuters) -Instacart’s shares ended up 12% in their Nasdaq debut on Tuesday, failing to hold onto an intraday gain of as much as 43%, days after SoftBank’s Arm Holdings debuted on Wall Street with a bang. The IPO of San Francisco-based Instacart, which is incorporated as Maplebear Inc, was […]
Yellen: No signs US economy in downturn, warns against gov’t shutdown
By Andrea Shalal and Doina Chiacu WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said she saw no signs the U.S. economy is entering a downturn but warned that failure by Congress to pass legislation to keep the government running risked slowing momentum in the economy. “I don’t see any signs that the economy […]
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Judge assigned to US antitrust case against Amazon recuses himself
September 28, 2023
(Reuters) – 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. Senior Judge John Coughenour was assigned to the case on Tuesday, when the antitrust lawsuit was filed against Amazon in federal court in Seattle. Coughenour, an […]
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