WASHINGTON (Reuters) – The Trump administration has instructed agencies to work with “Department of Government Efficiency team leads” to identify targets for mass layoffs as part of restructuring plans due on March 13, a memo showed on Wednesday. The memo, published by the federal human resources agency known as the Office of Personnel Management and…
By Nate Raymond BOSTON (Reuters) – The founder of a cryptocurrency financial services firm has been extradited from Portugal to face U.S. charges that he participated in a wide-ranging scheme to manipulate the market for digital tokens on behalf of client companies. Aleksei Andriunin, the CEO of cryptocurrency “market maker” Gotbit, was ordered detained following…
By Milana Vinn (Reuters) – Private equity firm Bain Capital is weighing options, including a sale, for Rocket Software that could value the U.S. automation software provider at as much as $10 billion, including debt, people familiar with the matter said. Bain’s deliberations come as the artificial intelligence boom is forcing large corporations to increase…
(Reuters) – U.S. President Donald Trump said on Wednesday that his administration will soon announce a 25% tariff on imports from the European Union. “We have made a decision, and we’ll be announcing it very soon, and it’ll be 25% generally speaking, and that’ll be on cars, and all of the things,” Trump told reporters…
