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(Reuters) – Shots were fired at Michigan State University in East Lansing on Monday, with “multiple reported injuries,” university police said on Twitter, urging people on campus and nearby to “shelter in place,” as video from local media showed officers swarming the scene. The Detroit News reported one confirmed fatality on campus, citing Michigan State …

Michigan State University police say shots fired, 1 reported dead Read More »

(Reuters) -U.S. President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard to the White House’s top economic policy position as early as Tuesday, a source familiar with the matter said on Monday. Brainard would replace White House National Economic Council (NEC) Director Brian Deese, who has announced his resignation. In addition …

Biden to name Fed’s Lael Brainard as top economic adviser – source Read More »

By Tyler Clifford NEW YORK (Reuters) -Police in New York City have arrested a U-Haul truck driver accused of deliberately plowing into pedestrians on Monday, injuring at least eight people before officers chased him down and stopped the vehicle, authorities said. The “violent rampage” through the Bay Ridge neighborhood of New York’s Brooklyn borough left …

New York U-Haul truck strikes 8 people, driver arrested Read More »

By Erwin Seba HOUSTON (Reuters) – A 10-month lockout of union workers at an Exxon Mobil refinery was undertaken to save costs and improve profits at the Beaumont, Texas, facility, and not to eliminate union representation, an Exxon Mobil official told an administrative judge on Monday. The National Labor Relations Board (NLRB) last year called …

Exxon tells U.S. labor board refinery lockout did not target union Read More »

By Jonathan Allen NEW YORK (Reuters) – A federal prosecutor urged a New York jury to sentence Sayfullo Saipov to death as the penalty phase of his trial began on Monday, saying his execution would be the only just punishment after he killed eight people in his 2017 attack on a Manhattan bike path. It …

Jury urged to sentence to death man who killed 8 on New York bike path Read More »

By Brendan Pierson (Reuters) – A federal appeals court on Monday agreed to reconsider a lawsuit challenging a Connecticut policy allowing transgender students to compete in girls’ high school sports. All judges of the New York-based 2nd U.S. Circuit Court of Appeals will now hear arguments in the case, which had been heard by a …

Court to reconsider Connecticut rule allowing transgender athletes in girls’ sports Read More »

By Carolina Mandl NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, added to its portfolio new shares in financial and healthcare companies and a bonds exchanged-traded fund in the fourth quarter, according to a regulatory filing on Monday. Soros disclosed a $325.3 million stake, or 2.9 million shares, in …

Soros Fund adds First Horizon, Horizon Therapeutics and bond ETF Read More »

By Hannah Lang, Tom Wilson and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) – The firm behind Binance’s stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it should have registered the product as a security and is considering taking action against the platform. In a statement on Monday, Paxos said …

Binance stablecoin backer says U.S. SEC has labeled token an unregistered security Read More »

By Svea Herbst-Bayliss NEW YORK (Reuters) -Bath & Body Works named a veteran consumer products executive as a new director on Monday as the specialty retailer faces pressure from hedge fund Third Point LLC to cut costs and refresh its board. Lucy Brady, a senior executive at Conagra Brands, expands the board to 11 from …

Bath & Body Works adds new director as Third Point pushes for changes Read More »