By Brendan Pierson NEW YORK (Reuters) – A Florida software engineer was sentenced to 16 months in prison on Friday after being found guilty of scheming to help an illegal bitcoin exchange avoid having banks and regulators look into its activities. Yuri Lebedev was sentenced by U.S. District Judge Alison Nathan in Manhattan, according to […]
Read More By Tamara Mathias (Reuters) – DBV Technologies SA said on Friday its peanut allergy treatment did not meet the main goal in a highly anticipated late-stage study, sending its U.S.-listed shares sharply down. Nasdaq-listed shares of the French drug developer plunged 60.5 percent to $19 in extended trading. The trial, which tested a 250 microgram […]
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SAN FRANCISCO (Reuters) – Social media company Snap Inc <SNAP.N> said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc <FB.O>. Venice, California-based Snap, the parent company of messaging app Snapchat, […]
Read More By Chris Prentice NEW YORK (Reuters) – Thailand has slapped tariffs on sugar likely to hit $9 million worth of U.S. beverage exports, the U.S. Agriculture Department said on Friday, as one of the top producers of the sweetener joins a growing list of regions implementing such taxes. The Thai government implemented its first-ever excise […]
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By Salvador Rodriguez and Jeffrey Dastin SAN FRANCISCO (Reuters) – Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters. The Coalition for the American Dream intends to ask […]
Read More By Lisa Rapaport (Reuters Health) – People with diabetes may not always feel classic symptoms like acute chest pain when they have a heart attack, according to a small study that offers a potential explanation for why these episodes are more deadly for diabetics. Researchers examined data from detailed interviews with 39 adults in the […]
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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies. The original […]
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By Nick Carey DETROIT (Reuters) – Consumer Reports said on Friday that Tesla Inc <TSLA.O> had apparently misunderstood the “average” reliability rating the magazine assigned to the electric carmaker’s Model 3 sedan this week, calling it generally “positive” for an all-new vehicle. Tesla criticized the rating on Thursday, saying “it’s important to note that Consumer […]
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By Jarrett Renshaw NEW YORK (Reuters) – The U.S. Environmental Protection Agency has backed off a series of proposed changes to the nation’s biofuels policy after a massive backlash from corn-state lawmakers worried the moves would undercut ethanol demand, according to a letter from the agency to lawmakers seen by Reuters. EPA Administrator Scott Pruitt […]
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By Arthur Connan and Ingrid Melander PARIS (Reuters) – The Harvey Weinstein scandal is forcing a rethink of attitudes toward sexual harassment in France, a country that cherishes its self-image as the land of seduction and romance, said the minister tasked with cracking down on violence against women. Movie producer Weinstein has been accused by […]
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By Sheky Espejo MEXICO CITY (Reuters) – Since two massive earthquakes hit Mexico in September, claiming more than 460 lives, an early warning start-up called SkyAlert has doubled its users to 5.8 million, making it one of the country’s most downloaded apps. SkyAlert has also found a market selling alarms to small businesses in the […]
Read More By Lisa Rapaport (Reuters Health) – It could take a little time for orthotic shoe inserts to help relieve plantar heel pain, but the prefabricated versions sold in drugstores may work just as well as more expensive custom alternatives, a recent study suggests. Plantar heel pain is one of the most common foot ailments, affecting […]
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