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Tag: NRLIN:OGOV

  • Manchin threatens to sue US Treasury over EV tax credit rules

    WASHINGTON, March 29 (Reuters) – Senate Energy Committee Chairman Joe Manchin said on Wednesday he could go to court after the US Treasury Department released guidelines on battery procurement for electric vehicle tax credits later this week. “If it goes off the rails” and goes against the intent of climate legislation passed in August, “I […]

  • The US FDIC is telling Signature Bank’s crypto customers to close accounts before April 5

    March 28 (Reuters) – The US Federal Deposit Insurance Corp (FDIC) has informed collapsed lender Signature Bank’s (SBNY.O) crypto clients that they have until April 5 to close their accounts and move their funds. The deposits in question were not part of a rescue deal entered into earlier this month with Flagstar Bank, a unit […]

  • US regulator sues top crypto exchange Binance CEO for ‘intentional evasion’

    CFTC accuses Binance of ‘deliberate evasion’ of federal law Binance’s compliance was ‘ineffective’ under CEO – CFTC CFTC cites practices first reported by Reuters last year March 27 (Reuters) – The world’s largest crypto exchange Binance and its CEO and founder Changpeng Zhao were charged on Monday by the US Commodity Futures Trading Commission (CFTC) […]

  • House Republicans subpoena labor authorities in Starbucks union dispute

    March 22 (Reuters) – The House Education and Labor Committee issued a subpoena to the National Labor Relations Board (NLRB) on Wednesday, alleging labor organization officials failed to conduct fair and impartial union elections at Starbucks Corp (SBUX.O) . In the letter accompanying the subpoena, Virginia Foxx, the committee’s top Republican, said an NLRB report […]

  • Starbucks CEO Schultz may be ordered to testify at the U.S. Senate labor hearing

    WASHINGTON, March 2 (Reuters) – U.S. Senator Bernie Sanders declined Thursday to backtrack on calls for Starbucks Corp. (SBUX.O) interim Chief Executive Officer Howard Schultz, who steps down this month, to testify at a hearing on compliance with labor law. Starbucks reiterated Thursday that it has no plans to send Schultz to a U.S. Senate […]