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US and World News

  • US and World News

    U.S., Ecuador agree to establish fair trade working group

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    WASHINGTON (Reuters) – The United States and Ecuador have agreed to establish a fair trade working group and explore potential negotiations on labor, environment, and digital trade, U.S. Trade Representative …

  • US and World News

    U.S. dollar falls as investors see slower pace of Fed hikes from December

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid against major currencies on Tuesday, on some expectation that the Federal Reserve will signal a slower pace of tightening …

  • US and World News

    How new U.S. laws could trip up voters in the midterm elections

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Julia Harte (Reuters) -U.S. states have enacted more than 30 new voting restrictions since 2020, from voter ID requirements to limits on mail-in voting, fueling tensions between Republicans and …

  • US and World News

    U.S. SEC fines Koppers Holdings for making misleading statements

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    (Reuters) – Koppers Holdings Inc agreed to pay a $1.3 million civil fine to resolve U.S. Securities and Exchange Commission charges it failed to disclose material information about financial measures …

  • US and World News

    Soybeans climb on short-covering; wheat, corn also higher

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Julie Ingwersen CHICAGO (Reuters) -U.S. soybean futures rose about 2% on Tuesday, buoyed by short-covering as the U.S. harvest winds down, hopes for export sales to China and uncertainty …

  • US and World News

    U.S. Supreme Court allows Graham questioning in Georgia election probe

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday declined to block Senator Lindsey Graham from having to testify before a grand jury in a criminal investigation of …

  • US and World News

    Google signs solar power supply deal with SoftBank-backed SB Energy

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    (Reuters) – Alphabet Inc’s Google said on Tuesday it would buy about three-quarters of the renewable power from SB Energy Global’s Texas facilities, as it aims to operate data centers …

  • US and World News

    U.S. labor market still tight, but some rays of hope in inflation fight

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings unexpectedly rose in September, suggesting demand for labor remained strong, tempering financial market expectations that the Federal Reserve would dial back …

  • US and World News

    J&J to buy heart pump maker Abiomed for $16.6 billion ahead of consumer health spinoff

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Michael Erman, Leroy Leo and Raghav Mahobe (Reuters) -Johnson & Johnson said on Tuesday it struck a deal to buy heart pump maker Abiomed Inc for $16.6 billion in …

  • US and World News

    BP joins rivals with bumper $8.2 billion profit

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP more than doubled its third-quarter profit from a year earlier to $8.15 billion and expanded its share buybacks by $2.5 …

  • US and World News

    Uber shares surge on solid profit forecast as rideshare recovery defies inflation

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Nivedita Balu (Reuters) – Uber Technologies Inc on Tuesday forecast fourth-quarter operating profit above Wall Street estimates, betting on cost controls and rising demand for its rides as customers …

  • US and World News

    Miner BHP warns of inflation risks in 2023, says China demand to stabilize

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Praveen Menon SYDNEY (Reuters) – BHP Group Ltd, the world’s biggest miner by market value, said on Wednesday that inflationary pressures would remain a challenge next year, but that …

  • US and World News

    Newmont CEO sees inflation pressure easing into the fourth quarter

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    (Reuters) -Newmont Corp’s chief executive assured investors that inflationary pressures were abating and should help the gold miner improve performance in the current quarter, after lower gold prices and surging …

  • US and World News

    Biden administration has faith in those protecting US elections, White House says

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    ABOARD AIR FORCE ONE (Reuters) – The Biden administration has faith in the agencies involved in protecting U.S. elections, and it is taking any threats seriously, White House spokesperson Karine …

  • US and World News

    A year after trading scandal, Fed is again under ethics spotlight

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Michael S. Derby NEW YORK (Reuters) – A little more than a year after a trading controversy rattled the Federal Reserve’s standing in Washington and beyond, new ethics missteps …

  • US and World News

    Elon Musk, who runs four other companies, will now be Twitter CEO

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    (Reuters) -Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bought for $44 billion, a move that …

  • US and World News

    Canada plans record immigration targets amid labour crunch

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Julie Gordon and Anna Mehler Paperny OTTAWA (Reuters) -Canada plans to welcome a record 500,000 new permanent residents in 2025 and has boosted its targets over the next two …

  • US and World News

    Pfizer boosts 2022 COVID vaccine forecast, looks to pivot with deals, new drugs

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Manas Mishra and Michael Erman (Reuters) -Pfizer Inc on Tuesday raised its forecast for 2022 sales of its COVID-19 vaccine by $2 billion to $34 billion, and said new …

  • US and World News

    European shares kick off November on bright note

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares gained on Tuesday, starting November on an upbeat note amid growing hopes that the U.S. Federal Reserve would slow down the …

  • US and World News

    U.S. FCC commissioner urges govt action on TikTok -Axios

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    WASHINGTON (Reuters) – The federal government should take action to rein in online media platform TikTok Inc, one of the U.S. FCC’s commissioners said in an interview, Axios reported on …

  • US and World News

    Marathon Petroleum and Phillips 66 cruise past estimates on fuel demand surge

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Arunima Kumar (Reuters) -Marathon Petroleum and Phillips 66 posted quarterly profits which cruised past Wall Street estimates on Tuesday, becoming the latest U.S. refiners to benefit from robust fuel …

  • US and World News

    Education tech firm Chegg agrees to boost security after U.S. FTC probe

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Katharine Jackson WASHINGTON (Reuters) -Education technology company Chegg Inc agreed to bolster its data protections as part of a consent agreement reached with the U.S. Federal Trade Commission (FTC), …

  • US and World News

    KKR’s earnings drop 11% on lower transaction fees but beats estimates

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Chibuike Oguh NEW YORK(Reuters) -Private equity firm KKR & Co Inc’s after-tax distributable earnings fell 11% in the third quarter from a year earlier on a steep drop in …

  • US and World News

    Factbox-Tesla’s Autopilot faces unprecedented scrutiny

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Hyunjoo Jin (Reuters) – Elon Musk has championed Tesla Inc’s driver assistance Autopilot and “Full Self-Driving” software as innovations that will both improve road safety and position the electric …

  • US and World News

    US and Chinese officials working to set up Biden-Xi meeting

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    WASHINGTON (Reuters) – U.S. and Chinese officials are still working to arrange a face-to-face meeting between President Joe Biden and Chinese President Xi Jinping at the G20 summit in Bali …

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