Author: Press Room

The Manhattan District Attorney’s Office and the Republican-led House Judiciary Committee have settled a court dispute where the prosecutor’s office tried to block congressional testimony from former prosecutor Mark Pomerantz, according to a new court filing Friday night. House Judiciary Chair Jim Jordan subpoenaed Pomerantz earlier this month as part of his effort to investigate Manhattan District Attorney Alvin Bragg’s indictment of former President Donald Trump. Pomerantz investigated Trump and his business empire before he resigned from the DA’s office last year, and Republicans argue that his public comments suggest that the charges brought against Trump are politically motivated. In…

Shares of Bank of America Corp. BAC slid 0.10% to $29.87 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.09% to 4,133.52 and the Dow Jones Industrial Average DJIA rising 0.07% to 33,808.96. This was the stock’s third consecutive day of losses. Bank of America Corp…. Read the full article here

There has been a lot of merger and acquisition activity in the biopharma space recently—and the party isn’t over. That is great news for some smaller biotech stocks. In the first quarter of this year, total healthcare and life sciences M&A in the U.S. was about $71 billion, more than double the $28 billion seen in the same quarter last year, according to KPMG. To be sure, that includes Pfizer’s (ticker: PFE) $43 billion purchase of Seagen (SGEN), but even without that, deals in the industry would have still been flat year over year. That isn’t so terrible, considering total…

The numbers: An early reading of the U.S. economy in April from S&P Global showed that business activity has escaped the doldrums after struggling over the fall and winter months. The S&P Global U.S. service sector purchasing managers index rose to 53.7 in April from 52.6 in the prior month. This is a 12-month high. The flash U.S. manufacturing… Read the full article here

© Reuters. FILE PHOTO: People walk past by a branch of Halkbank in central Istanbul, Turkey, October 16, 2019. REUTERS/Huseyin Aldemir/File Photo By Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Wednesday gave Turkey’s state-owned lender Halkbank another chance to avoid criminal charges in the United States for allegedly helping Iran evade American economic sanctions, but rejected a key defense mounted by the bank. The justices in a 7-2 decision threw out a lower court’s ruling that had let the prosecution proceed. The court’s majority ordered the Manhattan-based 2nd U.S. Circuit Court of Appeals to reconsider Halkbank’s effort to…

By Barani Krishnan Investing.com — Natural gas futures returned to positive territory on Thursday, after a three-day rally that was disrupted in the previous session, as traders pondered about direction following a larger weekly storage build. The most-active on the New York Mercantile Exchange’s Henry Hub settled up 2.7 cents, or 1.2%, at $2.249 per mmBtu, or million metric British thermal units. It was down for most of the day, plumbing a session low of $2.143, before rebounding in late trade. In Wednesday’s session, May gas settled down 6%, after a 16% rise over three prior days, on expectations for…

ZURICH (Reuters) -The Swiss government said commitments to the Swiss National Bank and UBS to ease the takeover of Credit Suisse will not be affected by parliament’s rejection of 109 billion Swiss francs ($121 billion) in emergency credits and guarantees. In a largely symbolic vote, these commitments were last week rejected twice by Switzerland’s lower house of parliament. The Swiss cabinet acknowledged parliament’s decision at its meeting on Wednesday, but made clear its commitments would not be affected as they had binding approval via emergency law. “Parliament debated these credits on the premise that a rejection would have no legal…

Europe’s air traffic control authority says it has been battling an ongoing attack, claimed by pro-Russian hackers, since Wednesday. There hasn’t been any impact on flights, though access to its website has been affected, according to the European Organization for the Safety of Air Navigation, or Eurocontrol. “The attack is causing interruptions to the website and web availability,” a Eurocontrol spokesperson said in a statement. “There has been no impact on European aviation.” The International Air Transport Association also said air traffic was operating normally. “There has been no inconvenience to commercial air traffic, no disruption and no delays because…

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Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Consensus Festival’s relevance in the tech world is not only due to it having some of the biggest companies attending but also to the great number of “Satellite Events” taking place around it. Consensus starts on April 26 in Austin. Among its official satellite events, Grit Daily House has gained a reputation for being one of the most established and important official satellite events, bringing quality panels and networking opportunities every year. And private chef, Juan, and the famed Ozzy the bartender, certainly help – if you…