By Stephanie Kelly and Nandita Bose (Reuters) – U.S. President Joe Biden has defiantly rejected calls that he step aside from the presidential race against Republican opponent Donald Trump, presenting a challenge to fellow Democrats who are concerned his age will dissuade voters. “I am running and gonna win again,” Biden, 81, told supporters in […]
Meme stock speculation propels Koss shares 25% higher on Friday
By Suzanne McGee (Reuters) – Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the […]
UK’s Conservatives face leadership “bloodbath” as party seeks new direction
By Elizabeth Piper LONDON (Reuters) – The recriminations and jostling for top positions among Britain’s Conservative lawmakers began long before Thursday’s crushing election defeat to Labour that some party figures said left the party facing the prospect of a decade out of power. After 14 years in government – the last eight marked by chaos […]
Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying “all indications” show his delay was a mistake. In a late Wednesday night filing in Manhattan […]
Robinhood considering offering crypto futures in US, Europe, Bloomberg reports
(Reuters) – Robinhood Markets is considering offering cryptocurrency futures in the U.S. and Europe in the coming months, Bloomberg News reported on Tuesday, citing people familiar with the matter. The commission-free trading app is hoping to use the licenses of crypto exchange Bitstamp, which it agreed to buy last month in a $200 million deal, […]
Crypto hacking thefts double to $1.4 billion in first half of 2024, researchers say
LONDON (Reuters) – The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier, driven by a small number of large attacks and rising crypto prices, blockchain researchers TRM Labs said on Friday. Hackers had stolen more than $1.38 billion worth of crypto by […]
Trump falsely claims to have driven Biden from race in video, Daily Beast reports
(This story contains offensive language in paragraph 3) By Jeff Mason WASHINGTON (Reuters) – Republican Donald Trump falsely claimed to have driven Democratic President Joe Biden out of the White House race and disparaged Vice President Kamala Harris in a video published by the Daily Beast, which drew a sharp rebuke from the Biden campaign. […]
China’s BYD opens EV factory in Thailand, first in Southeast Asia
RAYONG, Thailand (Reuters) – China’s BYD opened its first electric vehicle plant in Thailand on Thursday, the auto maker’s first in Southeast Asia. “BYD is using Thailand as a production hub for export to ASEAN and many other countries,” Narit Therdsteerasukdi, Secretary General of Thailand’s Board of Investment said at the opening ceremony, referring to […]
Bitcoin hits 2-month low on election uncertainty, Mt Gox flows
By Sameer Manekar (Reuters) – Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S. presidential elections and reports of bitcoin supply from a defunct Tokyo-based crypto exchange weighed. Bitcoin fell more than 2% to $57,843, its lowest since May 2, and has lost more than 6% so far […]
Biden’s July 4th party kicks off events that may reassure Democrats
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) – If President Joe Biden is going to survive pressure to abandon his re-election campaign after a poor showing in his debate with Donald Trump, he needs to ace a gauntlet of events in coming days. As calls grow from some of his own Democrats to step […]