US ends former New York lieutenant governor’s bribery case after witness dies
By Jonathan Stempel NEW YORK (Reuters) – Federal prosecutors on Friday dropped their corruption case against former New York Lieutenant Governor Brian Benjamin, following the death of a key witness. Benjamin, 48, had been expected to face trial in Manhattan…
US mid-sized banks ride industry upswing on robust fee income
By Manya Saini, Niket Nishant (Reuters) -A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in capital markets alleviated a hit from weaker loan demand. Long believed to…
Outgoing FCC head says Salt Typhoon hacking a clarion call to address security issues
By David Shepardson WASHINGTON (Reuters) -The outgoing head of the Federal Communications Commission said a massive Chinese-linked cyber-espionage operation against U.S. telecoms firms known as “Salt Typhoon” is a “clarion call” to address significant telecommunications security issues. “Salt Typhoon is…
US awards Moderna $590 million for bird flu vaccine development
(Reuters) -The U.S. government has awarded Moderna (NASDAQ:MRNA) $590 million to advance the development of its bird flu vaccine, as the country doubles down on efforts to tackle increasing infections in humans. This is in addition to $176 million awarded…
India likely to cut disinvestment goal by 40% for FY25, Economic Times reports
MUMBAI (Reuters) – India will likely cut its disinvestment and asset monetisation target by 40% for 2024-25 in the federal budget to be presented next month, The Economic Times newspaper reported on Saturday, as planned sales of state-run firms run…
China denies requiring companies, individuals to give data in unlawful manner
BEIJING (Reuters) – The Chinese government “has never and will never” require companies or individuals to collect data for or provide data to it in a way that violates the law, China’s foreign ministry said on Friday. The ministry spoksperson…