(Reuters) -Ripple Labs will withdraw its cross appeal against the U.S. Securities and Exchange Commission in a prolonged legal battle tied to the sale of its XRP tokens, the crypto firm’s CEO said on Friday. "We’re closing this chapter once and for all," Ripple Labs CEO Brad Garlinghouse said in a post on X, adding that the SEC was also expected to drop its appeal. The move could bring the dis ...
By Jeffrey Dastin, Stephen Nellis and Max A. Cherney (Reuters) -Intel’s top strategy executive, Safroadu Yeboah-Amankwah, is departing the company, the latest change since Lip-Bu Tan took the chipmaker’s helm in March, two people familiar with the matter told Reuters. Intel (NASDAQ:INTC) confirmed the departure, saying, "We are grateful for Saf’s contributions to Intel and wish him the best. ...
By Jonathan Stempel (Reuters) -Warren Buffett donated on Friday another $6 billion of Berkshire Hathaway (NYSE:BRKa) stock to the Gates Foundation and four family charities, his biggest annual donation since he began giving away his fortune nearly two decades ago. The donation of about 12.36 million Berkshire Class B shares boosted Buffett’s overall giving to the charities to well over $60 billi ...
By David Shepardson WASHINGTON (Reuters) -U.S. Senate Republicans late Friday released a revised tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales and leases on September 30 as well as the $4,000 tax credit for used EVs. The prior version would have ended the credit for new sales 180 days after the bill was signed into law, 90 days for used vehicles and immedia ...