By Jarrett Renshaw (Reuters) – U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on Tuesday, as the oil industry warned the policy could hurt consumers, industry and national security. Canada and Mexico are the top sources of U.S. crude […]
Bitcoin options trade shows more bets on retreat after failing to breach $100,000
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a significant downward move after bitcoin failed to hit an all-time peak of $100,000, according to a crypto trading platform citing recent options activity. Bitcoin hit a record high of $99,830 on Nov. 22, but it has since fallen more […]
Netflix defeats shareholder lawsuit over growth forecasts
By Jonathan Stempel (Reuters) – Netflix won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber growth of account sharing, where paying members share user names and passwords with nonpaying members in other households. The proposed class action led by a Texas-based trustee began after Netflix […]
US most wanted terrorist since 2009 arrested in the UK
By Brad Brooks (Reuters) – An alleged animal-rights extremist on the U.S. most-wanted terrorist list since 2009 in connection with the bombing of a California biotechnology firm has been arrested in the United Kingdom, the FBI said on Tuesday. The suspect, Daniel Andreas San Diego, was arrested in Wales on Monday in an operation carried […]