Leaders of crime-ridden Baltimore worry they could be next city to be federalized by Trump
BALTIMORE, MD – A united front of city and state officials sharply rejected comments from the President on Monday suggesting Baltimore could be among cities where the National Guard is deployed and…
Tesla to cut salaried workforce by 10% over next 3 months, says Musk
DUBAI – Electric carmaker Tesla will reduce its salaried workforce by roughly 10% over the next three months, Chief Executive Elon Musk said on Tuesday. The cuts would amount to about a…
Bank Indonesia to hold rates in June but start hiking next quarter
By Arsh Tushar Mogre and Shaloo Shrivastava BENGALURU -Bank Indonesia will leave its key interest rate steady at 3.50% on Thursday but over one-quarter of economists in a Reuters poll expect a…
Germany’s debt interest payments could soar next year, finance minister warns – newspaper
BERLIN – Finance Minister Christian Lindner warned that interest charges on Germany’s public debt could reach 30 billion euros next year due to rising interest rates and growing debt levels, adding that…
Sarah Palin Makes It To The Next Stage Of Alaska Race
Sarah Palin Makes It To The Next Stage Of Alaska Race Sebastian Hughes on June 16, 2022 Former Republican Alaska Gov. Sarah Palin advanced to the August special election for the state’s…
What next? Ukraine’s allies divided over Russia endgame
By John Irish, Andreas Rinke and Humeyra Pamuk PARIS/BERLIN/WASHINGTON – Is it better to engage with Russian President Vladimir Putin over his invasion of Ukraine or to isolate him? Should Kyiv make…
Citibank expects Swiss central bank to raise interest rates next week
LONDON – Citibank says it expects the Swiss National Bank to hike its key rate by 25 basis points when it meets next week. Swiss inflation rose in May by the most…
Texas power use seen breaking records in heatwave through next week
By Scott DiSavino (Reuters) – Power demand in Texas will likely set fresh all-time highs every day from June 10-13 as economic growth boosts usage and homes and businesses keep their air…
Factbox-What the WHO says on how to find COVID-19’s origins, prepare for next pandemic
By Jennifer Rigby LONDON – A panel of experts drafted by the World Health Organization to investigate the origins of the COVID-19 pandemic and prepare a framework to investigate future outbreaks has…
White House expects next inflation numbers to be elevated
ABOARD AIR FORCE ONE – The White House expects the next round of economic data to show elevated numbers on inflation, press secretary Karine Jean-Pierre told reporters on Wednesday. Speaking to reporters…
Food shortages are next global health crisis – expert
By Jennifer Rigby LONDON – Growing food shortages may represent the same health threat to the world as the COVID-19 pandemic, a leading global health figure has warned. Rising food and energy…
Analysis – Apple’s next frontier is your car’s dashboard
By Stephen Nellis and Joseph White (Reuters) – Apple Inc wants to power the dashboard of your next car, but first it must convince automakers they will not end up surrendering future…
Thoma Bravo’s renegotiated deal has U.S. investors wondering who’s next
By Krystal Hu (Reuters) – Investors who speculate on whether mergers and acquisitions will be completed as agreed are betting against the shares of some companies that have inked leveraged buyouts in…
China to launch next crewed mission on Sunday to build space station
By Liangping Gao and Yew Lun Tian BEIJING – China will launch a spacecraft on Sunday carrying three astronauts to the core module of the unfinished Chinese space station, where they will…
Pelosi says legislation on gun violence to go to U.S. House floor next week
WASHINGTON – U.S. House of Representatives Speaker Nancy Pelosi said on Thursday that the chamber will vote next week on legislation addressing gun violence. “This package, which we will vote on next…
Texas power use to break all-time high next week
(Reuters) – Power demand in Texas will break the all-time high next week as economic growth boosts overall usage and hot weather causes homes and businesses to crank up their air conditioners,…
Who is Javier Olivan, Meta’s next COO?
By Sheila Dang and Katie Paul (Reuters) – Meta Platforms veteran Javier Olivan is taking over as the company’s chief operating officer after playing a crucial but largely behind-the-scenes role stoking the…
Stellantis to halt Italy’s key Melfi plant next week due to chip shortage
MILAN – Carmaker Stellantis will again stop operations at its key Melfi plant in southern Italy next week, a union representative said on Wednesday, citing shortages of various parts, including semiconductors. Marco…
Is Affirmative Action Next For SCOTUS? Here’s How It Could Happen
Is Affirmative Action Next For SCOTUS? Here’s How It Could Happen Laurel Duggan on May 31, 2022 The Supreme Court is considering a case challenging the affirmative action practices of Harvard and…
Canada housing boom to halt next year on higher mortgage rates – Reuters poll
By Shrutee Sarkar BENGALURU – Canadian house price inflation will slow to 10% this year as the Bank of Canada raises interest rates aggressively, a Reuters poll of property market experts found.…
JPM says Meta will become Broadcom’s next billion-dollar customer
(Reuters) – Facebook parent Meta Platforms Inc will use Broadcom Inc’s custom chips to build its metaverse hardware, becoming the chipmaker’s next billion-dollar ASIC customer, analysts at J.P. Morgan said on Tuesday.…
U.S. Treasury pushes Russia towards default: What next?
By Karin Strohecker and Sujata Rao LONDON – Russia edged closer to a historic debt default on Wednesday after the United States decided against extending a key license that had allowed Moscow…
Fate of ancient Athens guides WHO at gathering to plan for next pandemic
By Jennifer Rigby and Emma Farge LONDON/GENEVA – Tedros Adhanom Ghebreyesus, the director general of the World Health Organization (WHO), will have history on his mind when he hosts almost 200 member…
G7 to meet climate finance support goal next year – draft
KOENIGSWINTER, Germany – The Group of Seven economic powers expect to meet a climate change financing goal for developing countries by next year, G7 finance chiefs said in a draft communique from…
Stellantis to start reshuffle of dealer network next year
VERONA, Italy -Stellantis will start a reshuffle of its European dealers’ network next year from Austria, Belgium and the Netherlands, and its van and premium brands in all markets, its regional sales…
Bank of Israel to hike rates 1/4-point next week as inflation hits 4%
By Steven Scheer JERUSALEM -The Bank of Israel will likely raise short-term interest rates by a quarter-point next week to rein in rising inflation, partly caused by low unemployment and strong economic…
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