Institutional investors back Shell board lawsuit over climate risk By Reuters

[ad_1] © Reuters. A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James By Kirstin Ridley LONDON (Reuters) – A group of European institutional investors is backing a novel London lawsuit against energy giant Shell (LON:)’s board over alleged climate mismanagement in a case that could … Read more

White House renews pressure on railroads over paid sick leave By Reuters

© Reuters. A railway worker helps load railcars onto a train in San Diego, California, U.S., November 30, 2022. REUTERS/Mike Blake By Nandita Bose WASHINGTON (Reuters) – Top White House officials spoke to executives from the largest U.S. railroad operators in recent days, renewing pressure to reach an agreement to secure paid sick leave for … Read more

Hyundai in talks with U.S. Labor Department over Alabama child labor By Reuters

[ad_1] © Reuters. FILE PHOTO: A view shows the SMART Alabama manufacturing facility in Luverne, Alabama, U.S., December 4, 2022. By Joshua Schneyer, Mica Rosenberg and Kristina Cooke NEW YORK (Reuters) – Hyundai Motor Co said it is in talks with the U.S. Department of Labor to resolve concerns about child workers in its U.S. … Read more

U.S. has questions to answer over Nord Stream explosions By Reuters

[ad_1] © Reuters. FILE PHOTO: A wind gauge flutters over the landfall facility of the Baltic Sea gas pipeline Nord Stream 1 in Lubmin, Germany, September 19, 2022. REUTERS/Fabrizio Bensch (Reuters) – Russia’s foreign ministry said on Wednesday the United States had questions to answer over its role in explosions on the undersea Nord Stream … Read more

Australia’s Medibank slapped with class action over cyber incident By Reuters

[ad_1] © Reuters. FILE PHOTO: The company logo of Australian health insurer Medibank Private Ltd is pictured among guests at the company’s listing ceremony at the Australian Stock Exchange in Sydney, November 25, 2014. REUTERS/Jason Reed (AUSTRALIA – Tags: BUSINESS HEAL (Reuters) – Australian health insurer Medibank Private Ltd said on Tuesday a class action … Read more

Silvergate faces DOJ investigation over FTX and Alameda dealings: Report By Cointelegraph

[ad_1] Crypto bank Silvergate is reportedly being probed by the United States Department of Justice fraud unit over its involvement with the bankrupt FTX exchange and its affiliates. The probe is investigating Silvergate’s hosting of accounts linked to former FTX CEO Sam Bankman-Fried’s businesses, according to a Feb. 3 report by Bloomberg, which cited “people … Read more

Did US institutions prevail over Asian retail traders? By Cointelegraph

[ad_1] © Reuters. experienced the second-strongest January in its history — and the best since 2013 — rising nearly 40% amid wide reports that institutional investors were back on board. Zhong Yang Chan, head of research at CoinGecko, told Cointelegraph that there were “net institutional inflows into digital asset funds in January 2023, particularly in … Read more

Elon Musk wins shareholder lawsuit over 2018 ‘funding secured’ tweet (NASDAQ:TSLA)

[ad_1] Scott Olson A San Francisco jury ruled Friday in Tesla founder Elon Musk’s favor in a class-action shareholder lawsuit over his 2018 “funding secured” tweet, in which the entrepreneur questionably claimed to have financing lined up to take Tesla (NASDAQ:TSLA) private. “Thank goodness, the wisdom of the people has prevailed!” Musk tweeted Friday after … Read more

China’s balloon over the U.S. seen as bold but clumsy espionage tactic By Reuters

[ad_1] 2/2 © Reuters. FILE PHOTO: U.S. and Chinese flags are seen in this illustration taken, January 30, 2023. REUTERS/Dado Ruvic/Illustration 2/2 By Steve Holland, Michael Martina and David Brunnstrom WASHINGTON (Reuters) -China’s flight of a suspected surveillance balloon over the United States appears to mark a more aggressive – albeit puzzling – espionage tactic … Read more

‘airship’ over the U.S. a ‘force majeure accident’ By Reuters

[ad_1] 2/2 © Reuters. Chinese Foreign Ministry Spokesperson Mao Ning attends a news conference in Beijing, China, February 3, 2023. REUTERS/Thomas Peter 2/2 By Brenda Goh SHANGHAI (Reuters) – China’s foreign ministry said on Saturday that flight of a Chinese “airship” over the United States was a force majeure accident, accusing U.S. politicians and media … Read more