Edition:
International

Kanishka Singh

Visa to buy Swedish fintech Tink for $2.2 billion

6:16am EDT

LONDON Visa Inc said on Thursday it had agreed a 1.8 billion euro ($2.2 billion) takeover of European open banking platform Tink, months after it ditched a planned acquisition of the startup's U.S. rival Plaid.

U.S. appeals court puts on hold overturning of California assault weapon ban

Jun 22 2021

A U.S. federal appeals court on Monday put on hold a judge's ruling this month to overturn California's 32-year-old ban on assault weapons.

Portland police's entire crowd control unit resigns after indictment of officer

Jun 18 2021

All members of the crowd control team of Portland police have resigned from their positions in the unit after an officer was indicted on an assault charge stemming from alleged illegal use of force during a protest last year. | Video

Major Australian banks, U.S. airlines briefly hit by widespread internet outages

Jun 17 2021

SYDNEY Websites of dozens of financial institutions and airlines in Australia and the United States were briefly down on Thursday, in the second major blackout in just over a week caused by a glitch in an important piece of internet infrastructure. | Video

Mall owner Washington Prime files for chapter 11 bankruptcy protection

Jun 14 2021

Mall owner Washington Prime Group filed for chapter 11 bankruptcy protection on Sunday after the COVID-19 pandemic forced it to temporarily close some of its roughly 100 shopping centers across the United States and businesses were unable to pay it rent.

Biden restores $929 million for California high-speed rail withheld by Trump

Jun 11 2021

(Reuters) -The Biden administration late on Thursday restored a $929 million grant for California's high-speed rail that then-President Donald Trump revoked in 2019.

Biden administration restores $929 mln for California high speed rail

Jun 11 2021

June 11 U.S. President Joe Biden's administration and California on Thursday reached a settlement to restore a $929 million grant agreement that former president Donald Trump tried to revoke.

Jewelry retailer Alex and Ani files for Chapter 11 bankruptcy protection

Jun 10 2021

Jewelry retailer Alex and Ani filed for Chapter 11 bankruptcy protection, according to a court filing made on Wednesday.

Amazon reviewing bids to replace JPMorgan as credit card partner - source

Jun 08 2021

(Reuters) -E-commerce giant Amazon.com Inc is fielding bids to replace U.S. lender JPMorgan Chase & Co as the issuer on its co-branded credit card portfolio, a person familiar with the matter told Reuters.

Amazon reviewing bids to replace JPMorgan as credit card partner - source

Jun 08 2021

June 8 E-commerce giant Amazon.com Inc is fielding bids to replace U.S. lender JPMorgan Chase & Co as the issuer on its co-branded credit card portfolio, a person familiar with the matter told Reuters.

World News

Russia warns Britain it will bomb ships next time

LONDON/MOSCOW (Reuters) -Russia warned Britain on Thursday that it would bomb British naval vessels in the Black Sea if there were any further provocative actions by the British navy off the coast of Russia-annexed Crimea.