US and World News

SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will be necessary to bring down sky-high inflation even as it …

By Steve Gorman (Reuters) -A declassified version of the latest U.S. defense-intelligence report on UFOs – rebranded in official government parlance as “unidentified aerial phenomena” – is expected to be …

By David Shepardson (Reuters) -The U.S. Environmental Protection Agency (EPA) said on Thursday it plans to issue tougher greenhouse gas emissions rules for heavy duty trucks and other larger vehicles …

By Dawn Chmielewski and Chavi Mehta (Reuters) -Warner Bros Discovery posted a quarterly loss on Thursday that missed Wall Street targets due to restructuring of the combined media company, but …

(Reuters) -General Mills Inc and Luxury automaker Audi of America said on Thursday they have paused advertising on Twitter, days after the social media platform was acquired by billionaire Elon …

By Sheila Dang, Paresh Dave and Katie Paul (Reuters) -Elon Musk has directed Twitter Inc’s teams to find up to $1 billion in annual infrastructure cost savings, according to two …

By Mehnaz Yasmin (Reuters) -Online payments firm PayPal Holdings Inc cut its annual revenue growth forecast in anticipation of a broader economic downturn and said it did not expect much …

By Ernest Scheyder (Reuters) – Lithium producer Livent Corp is eyeing acquisitions in Canada and other countries as it looks to boost its production and processing of the metal used …

By Liz Hampton (Reuters) -Top oilfield services firm SLB will raise its quarterly dividend next year by 43% and resume a share buyback program, executives said on Thursday, offering an …

By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis on Thursday urged owners of 276,000 older U.S. vehicles to immediately stop driving after three crash deaths tied to faulty Takata air bag …

By Ananya Mariam Rajesh (Reuters) -Food delivery firm DoorDash Inc’s orders surged to a record high in the third quarter as demand held strong against higher prices and rising inflation, …

By Riham Alkousaa and Eduardo Baptista BERLIN (Reuters) – German Chancellor Olaf Scholz arrives in China on a one-day trip on Friday, becoming the first G7 leader to visit since …

By Daniel Trotta (Reuters) – An Indiana doctor who performed an abortion on a 10-year-old Ohio rape victim sued Indiana’s attorney general on Thursday, demanding an end to investigations seeking …

LONDON (Reuters) -Britain’s government is considering cutting the tax-free allowance for dividend income, Bloomberg reported on Thursday, before a Nov. 17 budget. The report, citing two officials familiar with the …

By Steve Holland and David Brunnstrom WASHINGTON (Reuters) – The United States believes China and Russia have leverage they can use to persuade North Korea not to resume nuclear bomb …

By Hilary Russ and Deborah Mary Sophia (Reuters) -Starbucks Corp topped Wall Street estimates for quarterly comparable sales and profits on Thursday, saying it will weather any coming recession by …

By Julie Gordon and Steve Scherer OTTAWA (Reuters) -Canada’s government on Thursday set out billions in new spending to support low income workers and clean energy technologies among other measures, …

ABOARD AIR FORCE ONE (Reuters) -Officials from the U.S. Embassy in Moscow met with Brittney Griner on Thursday, officials said, in the first visit in months for the WNBA star …

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower for a fourth consecutive session on Thursday as economic data did little to alter expectations the Federal Reserve would …

By Sheila Dang and Katie Paul (Reuters) – Fear and dread spread across Twitter Inc offices on Thursday as 7,500 employees from San Francisco to Singapore feared for job cuts …

By Ted Hesson WASHINGTON (Reuters) -U.S. House Speaker Nancy Pelosi’s husband has been released from the San Francisco hospital where he underwent surgery for injuries suffered when attacked by a …

LONDON (Reuters) – Britain is still facing strong domestic drivers of inflation on top of the impact of surging international energy prices and the after-effects of the coronavirus pandemic, Bank …

(Reuters) – Carvana Co on Thursday reported a higher-than-expected loss in the third quarter as inflated car prices and aggressive interest rate hikes dented demand for used cars, sending shares …