Oil exec and Trump ally Hamm seeks U.S. probe of oil price crash

WASHINGTON (Reuters) – The founder of Continental Resources Inc (CLR.N), an ally of U.S. President Donald Trump, is pressing the U.S. commodity markets regulator and the exchange to probe whether market manipulation or system failure was behind this week’s unprecedented plunge in U.S. crude futures. FILE PHOTO: U.S. President Donald Continue Reading

French judges step up Ghosn probe over palace party, Oman dealings

PARIS (Reuters) – French prosecutors have stepped up their investigation into alleged misappropriation of funds at Renault by former boss Carlos Ghosn, saying a judge had now been assigned to the case to launch a formal investigation. FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference at Continue Reading

Goldman faces probe after entrepreneur slams Apple Card algorithm in tweets

FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo BENGALURU (Reuters) – A probe into Goldman Sachs Group Inc’s credit card practices has been Continue Reading

House Democrats ask if Trump interfered in DOJ automaker antitrust probe

WASHINGTON (Reuters) – Two U.S. Democratic lawmakers on Thursday asked the White House to turn over documents that would show if President Donald Trump interfered or directed a Justice Department antitrust probe of four automakers that struck voluntary agreements with California to reduce tailpipe emissions, according to a letter seen Continue Reading

Icahn discloses U.S. probe into sale of Manitowoc shares: filing

BOSTON (Reuters) – Federal prosecutors in Manhattan asked billionaire investor Carl Icahn’s company for information about trades in crane maker Manitowoc, Icahn Enterprises disclosed in a regulatory filing on Thursday, in its first acknowledgement of such a probe. Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Continue Reading

Ethiopia crash probe starting in France, families grieve

PARIS/ADDIS ABABA (Reuters) – Investigators in France will begin analyzing the crashed Ethiopian Airlines jet’s black boxes on Friday, seeking clues into a disaster that has angered scores of mourning families and grounded Boeing’s global 737 MAX fleet. Sunday’s crash after take-off from Addis Ababa killed 157 people from 35 Continue Reading