Author: IA PressRoom

© Reuters. FILE PHOTO: A worker holds GMO yellow corn imported from the U.S., at a cattle feed plant in Tepexpan, Mexico March 15, 2023. REUTERS/Raquel Cunha By Cassandra Garrison MEXICO CITY (Reuters) -The U.S. is escalating its conflict with Mexico over agriculture biotech measures, including the stance on genetically modified (GM) corn, by requesting dispute settlement consultations, senior officials of the U.S. Trade Representative’s office said on Friday. The North American neighbors are inching closer to a full-blown trade dispute under the U.S.-Mexico-Canada Agreement (USMCA) on trade over Mexico’s policies to limit the use of GM corn, which it…

Source: AdobeWashington DC-based Blockchain Association filed an amicus brief in support of crypto think tank Coin Center’s lawsuit against the US Treasury Department over its sanctions against Tornado Cash.Treasury sanctioned the crypto mixer in August, claiming that it laundered more than $7 billion worth of virtual currency and effectively banning Americans from using it. Coin Center sued Treasury in October over that sanction and said the service has legitimate use cases. Now, the Blockchain Association, along with the DeFi Education Fund, has argued in its brief on Friday in the US District Court for the Northern District of Florida, that the sanction…

Florida Attorney General Ashley Moody is expanding a court challenge against the Biden administration’s policy of releasing migrants into the interior without court dates, arguing that a separate policy of releasing migrants into the interior with a notice to appear in court is also illegal.Moody successfully challenged the Biden administration’s “parole with conditions” policy, which involved releasing migrants into the interior due to overcrowding. The policy was implemented a day before the end of Title 42 last month when agents were facing historic numbers at the border. Department of Homeland Security (DHS) officials said they released nearly 9,000 migrants under…

Summit Bancshares declares $0.10 dividend

Topline The tech-heavy Nasdaq hit a 14-month high Friday, largely driven by massive gains from a handful of the widely tracked tech index’s largest companies, while the Dow Jones Industrial Average and S&P 500 each hit key milestones of their own as optimism is aplenty on Wall Street. Bullish investors flooded Wall Street Friday.Getty Images Key Facts The Nasdaq Composite closed at its highest level since April 21, 2022, wiping out what was once as steep as a 40% loss last year as investors dumped rate-sensitive tech stocks while the Federal Reserve hiked interest rates to their highest level since…

© Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell holds a press conference in Washington, U.S, May 3, 2023. REUTERS/Kevin Lamarque (Reuters) – Federal Reserve Chair Jerome Powell held a phone call with the head of UBS Group AG (SIX:) in the days before the bank was propelled by Swiss authorities to buy smaller rival Credit Suisse, just one of the dozens of calls and meetings Powell held from mid-March as a banking crisis unfolded. Powell’s monthly meeting logs for March, released by the Fed on May 5, showed the U.S. central bank chief spoke with Ralph Hamers, then the…

© Reuters. FILE PHOTO: The 3M logo is seen at its global headquarters in Maplewood, Minnesota, U.S. on March 4, 2020. The company has been contracted by the U.S. government to produce extra masks in response to the country’s novel coronavirus outbreak. REUTERS/Ni By Clark Mindock and Brendan Pierson (Reuters) – 3M Co has struck a tentative settlement of at least $10 billion with a host of U.S. cities and towns to resolve water pollution claims tied to “forever chemicals,” Bloomberg News reported on Friday, citing people familiar with the matter. Shares of 3M were up 8.4% at $102.16 on…

LTC/USD Chart / Source: TradingViewLitecoin (LTC), the cryptocurrency that powers the payments-focused Litecoin blockchain, has been on a great run recently.LTC was last changing hands just below $95 per token, having pumped over 3% this week despite a 1.5% fall in the broader cryptocurrency’s market capitalization.That means Litecoin is one of the best-performing coins of the week and price predictions thus remains bullish.As per CoinGecko, Litecoin is up 8% in the last seven days, making it the third best-performing cryptocurrency in the top 20 by market cap, only lagging XRP and Solana’s SOL.Analysts have been citing a combination of optimism…

CNN  —  The Justice Department has closed its investigation into the possible mishandling of classified documents found at former Vice President Mike Pence’s home and will not bring any charges, according to a letter from the DOJ obtained by CNN. The decision comes ahead of Pence’s planned announcement next week that he will run for president in 2024. It allows Pence to offer an additional contrast between himself and former President Donald Trump, his political rival who’s under serious investigation by the Justice Department and others. “The Federal Bureau of Investigation and the Department’s National Security Division have conducted an…

Shares of Verizon Communications Inc. dove toward a 12-year low Friday, after Bloomberg reported that Amazon.com Inc. was in talks with the company and some other wireless carriers about offering services — possibly for free — to Prime members. The report also pushed AT&T Inc.’s stock T, -3.64% toward the lowest close in nearly eight months and T-Mobile US Inc.’s shares TMUS, -6.71% toward a near one-year low, but sparked the biggest rally in Dish Network Corp.’s stock DISH, +16.16% in 22 years. Citing people familiar with the situation, the Bloomberg report said Amazon has been negotiating with Verizon, T-Mobile…