US and World News

By Tyler Clifford NEW YORK (Reuters) -The New York Police Department has called for “elevated vigilance” ahead of the U.S. midterm elections, warning that extremists could target political events and …

By Dietrich Knauth (Reuters) – Bankrupt Texas petrochemical producer TPC Group on Thursday announced a $30 million settlement with junior creditors, including people with injury and property damage claims related …

SEOUL (Reuters) -South Korea’s finance minister said on Friday the October inflation rate would likely turn out to be lower than earlier thought due mainly to continued declines in oil …

By Deena Beasley (Reuters) – Gilead Sciences Inc on Thursday posted a higher-than-expected third-quarter profit on the back of strong demand for its HIV and cancer drugs, which helped offset …

By Julie Steenhuysen CHICAGO (Reuters) – The U.S. National Institutes of Health’s $1 billion RECOVER Initiative has picked Pfizer Inc’s antiviral drug Paxlovid as the first treatment it will study …

MEXICO CITY (Reuters) – The U.S. Trade Representative has declined to file a complaint with Mexico over alleged worker rights abuses at a Saint-Gobain glass plant, saying on Thursday that …

MEXICO CITY (Reuters) – Mexican distiller Becle, better known as the parent company of tequila brand Jose Cuervo, posted a 29.6% jump in third-quarter net profit Thursday, as it hiked …

By Eva Mathews (Reuters) -T-Mobile US Inc on Thursday raised its annual forecast for monthly bill-paying wireless subscriber additions for a third time, as more Americans pick its superior 5G …

By Rajesh Kumar Singh CHICAGO (Reuters) – American Airlines has offered a 19% pay increase to its pilots over two years in a new contract, according to a draft agreement. …

(Reuters) -U.S. shale producer Pioneer Natural Resources Co on Thursday posted a better-than-expected profit for the third quarter as crude prices hovered near multi-year highs following sanctions on Russia, a …

(Reuters) – Amazon.com Inc shares skidded as much as 21% after hours on Thursday after it forecast costs might eviscerate its profit for the current quarter, as early holiday marketing …

By Brendan O’Brien (Reuters) – Relatives of children killed in the Uvalde school shooting confronted the Texas public safety director on Thursday and demanded he resign over the failure of …

By David Lawder CLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen hailed the beginnings of a Midwest “Battery Belt” on Thursday as a result of the Biden administration’s investments in …

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy rebounded strongly in the third quarter amid a shrinking trade deficit, but the data overstated the nation’s economic health as domestic …

TORONTO (Reuters) – Canada’s main stock index rose on Thursday to its highest closing level in more than three weeks as shares of e-commerce giant Shopify surged after strong results, …

By Noel Randewich and Lewis Krauskopf (Reuters) – Over $200 billion in U.S. stock market value went up in smoke in extended trade on Thursday, after a weak forecast from …

(Reuters) – A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc sank 20% after the Facebook parent’s costly metaverse bets and the impact of …

(Reuters) – Russian President Vladimir Putin showed no regrets on Thursday for his war in Ukraine, insisting that the “special military operation” was still achieving its goals and the West’s …

MEXICO CITY (Reuters) -Mexico’s Grupo Bimbo on Thursday posted a 51% year-on-year jump in its third quarter net profit, beating estimates, boosted by strong sales and product price increases to …

BRASILIA (Reuters) – Brazil’s central bank on Thursday said it would hold auctions starting on Friday to roll over $15.1 billion in traditional currency swaps maturing on Dec. 1. The …