10:07 AM EST, 01/15/2025 (MT Newswires) -- (Updates with additional details, adds fifth paragraph and latest stock movement in the sixth paragraph.) Citigroup ( C ) reported Q4 earnings Wednesday of $1.34 per diluted share, swinging from a loss of $1.16 a year earlier. Analysts polled by FactSet expected $1.22. Total revenue, net of interest expense, for the quarter ended...

WASHINGTON (Reuters) - Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency's cryptocurrency policies potentially as early as next week when President-elect Donald Trump takes power, said three people briefed on the matter. Among the measures commissioners Hester Peirce and Mark Uyeda are weighing are initiating the process that would ultimately lead...

WASHINGTON (Reuters) - The United States strengthened restrictions on advanced computing semiconductors on Wednesday to prevent the diversion to China of high-end chips, the Commerce Department said. The new rules impose broader licensing requirements for chip factories and packaging companies seeking to export certain advanced chips, it said. They build on earlier measures aimed at hampering China's ability to secure...

10:02 AM EST, 01/15/2025 (MT Newswires) -- (Updates with comment from TikTok in the sixth paragraph and latest stock movement in the eighth paragraph.) Tesla (TSLA) Chief Executive Elon Musk's acquisition of the US operations of TikTok is being evaluated as a potential option by Chinese officials if the company is unable to defend itself from a ban in the...