Category Archives: (Fargo | KFGO | kfgo.com) World News
Exclusive: Weak yen forces Japan to shrink historic military spending plan
By Nobuhiro Kubo, Takaya Yamaguchi and Tim Kelly TOKYO (Reuters) - A collapse in the yen is forcing Japan to scale back a historic five-year, 43.5-trillion-yen defence build-up aimed at helping to det...
Nov 02, 2023
China iPhone sales strong, Apple tells investors as Huawei threat looms
By Yuvraj Malik and Stephen Nellis (Reuters) - Apple said on Thursday that demand for its iPhones in China was strong, trying to reassure investors who are worried it is losing ground to a newly resur...
Nov 02, 2023
Elon Musk asks court to reject SEC’s bid to force him to testify in Twitter probe
NEW YORK (Reuters) - Elon Musk asked a federal judge on Thursday not to force him to testify in the U.S. Securities and Exchange Commission's probe into his $44 billion takeover of social media site T...
Nov 02, 2023
Who is Sam Bankman-Fried, the onetime crypto mogul convicted of fraud?
By Luc Cohen NEW YORK (Reuters) - A few years after graduating from college, Sam Bankman-Fried grew worried he was not taking enough risks. So the son of two Stanford Law School professors quit his Wa...
Nov 02, 2023
Amazon punished its own sellers to limit Walmart’s reach, FTC says
By Siddharth Cavale and Arriana McLymore NEW YORK (Reuters) - Amazon.com Inc punished its own sellers to limit Walmart's reach as Walmart got into e-commerce, according to the Federal Trade Commission...
Nov 02, 2023
Key moments in Sam Bankman-Fried’s fraud trial
By Jody Godoy (Reuters) - Sam Bankman-Fried was convicted on Thursday of defrauding customers of his now-defunct cryptocurrency exchange, FTX. Here are some key moments from the trial: 'BUILDING THE P...
Nov 02, 2023
Events leading up to FTX founder Sam Bankman-Fried’s conviction
By Luc Cohen (Reuters) - Sam Bankman-Fried's fraud conviction on Thursday marks the culmination of a yearlong legal saga stemming from the dramatic collapse of the FTX cryptocurrency exchange he found...
Nov 02, 2023
Cloudflare forecasts weak fourth-quarter revenue, shares fall
(Reuters) - Cloud services provider Cloudflare on Thursday forecast current-quarter revenue below Wall Street estimates on worries that corporate spending will remain tight triggered by economic uncer...
Nov 02, 2023
Bunge seeks antitrust approval for Viterra merger in major jurisdictions
By Karl Plume MINNEAPOLIS (Reuters) - Bunge has filed for regulatory approvals for its merger with crop handler Viterra in "major jurisdictions" in North and South America, Europe and China, and has g...
Nov 02, 2023
Chipmaker Skyworks Solutions forecasts weak outlook, shares fall
(Reuters) -Apple supplier Skyworks Solutions forecast first-quarter revenue below estimates on Thursday, on demand concerns as clients struggle to offload excess inventory, sending shares down 5% in e...
Nov 02, 2023
