Crypto industry fears contagion as bitcoin slips under $ 20,000

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS / Dado Ruvic / File Photo Register now for FREE unlimited access to Reuters.com Register LONDON / HONG KONG, June 20 (Reuters) – The cryptocurrency industry was on edge on Monday … Read more

Apple workers at Maryland store vote to unionize, a first for the US

June 18 (Reuters) – Apple Inc. (AAPL.O) workers in Maryland voted on Saturday to join a union, becoming the first retail employees of the tech giant to unionize in the United States. More than 100 workers in Towson near Baltimore “have overwhelmingly voted to join the International Association of Machinists and Aerospace Workers,” the union … Read more

Internet Explorer gravestone goes viral in South Korea

SEOUL, June 17 (Reuters) – For Jung Ki-young, a South Korean software engineer, Microsoft Corp. (MSFT.O) decision to retire its Internet Explorer web browser marked the end of a quarter-century love-hate relationship with the technology. To commemorate its demise, he spent a month and 430,000 won ($ 330) designing and ordering a headstone with Explorer’s … Read more

Revlon files for bankruptcy as online beauty race takes toll

June 16 (Reuters) – Revlon Inc (REV.N) has filed for bankruptcy after the US cosmetics firm buckled under debts it built up in efforts to compete with online-focused upstarts. Known for its nail polishes and lipsticks, the 90-year-old company listed assets and liabilities of between $ 1 billion and $ 10 billion in a court … Read more

Biden announces new $ 1 bln in weapons for Ukraine, Kyiv seeks more heavy arms

WASHINGTON, June 15 (Reuters) – President Joe Biden on Wednesday announced a fresh US infusion of $ 1 billion in weapons for Ukraine that includes anti-ship rocket systems, artillery rockets, howitzers and ammunition. In a phone call with Ukraine President Volodymyr Zelenskiy, Biden said he told the embattled leader about the new weaponry. “The United … Read more

Tasty name but no Big Mac as rebranded McDonald’s restaurants open in Russia

June 12 (Reuters) – It might look and smell like McDonald’s but now it’s Vkusno & tochka. The golden arches are gone, the filet-of-fish is simply a fish burger. The Big Mac has left Russia. A new era for Russia’s fast-food and economic scene dawned on Sunday as McDonald’s (MCD.N) restaurants flung open their doors … Read more

US gasoline average price tops $ 5 per gallon in historic first

June 11 (Reuters) – The price of US gasoline averaged more than $ 5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation. The national average price for regular unleaded gas rose to $ 5,004 a gallon on June 11 … Read more

Seven bodies found at scene of helicopter crash in Italy

ROME, June 11 (Reuters) – Rescuers have found the bodies of seven people killed in a helicopter crash in Italy, local authorities said on Saturday, two days after the aircraft disappeared from radar screens. The helicopter had taken off on Thursday from Lucca in Tuscany and was heading towards the northern city of Treviso when … Read more

Tesla to seek investor approval for 3-for-1 stock split

The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS / Tyrone Siu Register now for FREE unlimited access to Reuters.com Register June 10 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. … Read more

Goodbye Golden Arches: rebranded McDonald’s to reopen in Russia

McDonald’s has been hugely popular in Russia since the early 1990s It is among Western firms exiting Russia over Ukraine Company had operated nearly 850 restaurants across Russia McDonald’s restaurants to reopen on Sunday under new ownership June 10 (Reuters) – Sunday marks a new dawn for Russia’s fast-food lovers as former McDonald’s Corp (MCD.N) … Read more