By Nandita Bose, Ted Hesson and Costas Pitas WASHINGTON (Reuters) -President Joe Biden said on Friday that the border deal being negotiated in the U.S. Senate was the “toughest and …
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Argentina pension, tax reforms scrapped from legislation to ease passage
by Reutersby ReutersBy Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s new government withdrew major spending reforms from a sweeping “omnibus” bill in Congress to facilitate its approval, the economy minister said on …
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Hometown Food Company, maker of Pillsbury baking products, up for sale-sources
by Reutersby ReutersBy Abigail Summerville (Reuters) – The private equity firm that owns Hometown Food Company is exploring a sale of the maker of Pillsbury’s shelf-stable baking products and Birch Benders, according …
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(Reuters) – Spotify said on Friday that Apple’s new plan to comply with the European Union’s Digital Markets Act (DMA) is “a complete and total farce.” From early March, developers …
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US Supreme Court is asked to stop West Point from considering race in admissions
by Reutersby ReutersBy John Kruzel and Andrew Chung WASHINGTON (Reuters) – A group opposed to affirmative action on Friday asked the Supreme Court to block the U.S. Military Academy at West Point …
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By Alexandra Ulmer and Jason Lange (Reuters) -From Wall Street to Silicon Valley, wealthy donors have thrown tens of millions of dollars at Republican U.S. presidential candidate Nikki Haley in …
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Cuba counts on Russians to boost still-ailing tourism sector in 2024
by Reutersby ReutersHAVANA (Reuters) – Cuba is counting on winter-weary Russians to help boost the Caribbean island nation’s ailing tourism sector in 2024, according to the Cuban ambassador in Moscow, after a …
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Eying China, US proposes ‘know your customer’ cloud computing requirements
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) -The Biden administration is proposing requiring U.S. cloud companies to determine whether foreign entities are accessing U.S. data centers to train AI models, U.S. Commerce …
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Michigan’s Arab American leaders shun Biden campaign, ahead of president’s visit
by Reutersby ReutersBy Andrea Shalal and Nandita Bose WASHINGTON (Reuters) – A group of Arab American leaders in Dearborn, Michigan skipped a meeting on Friday with President Joe Biden’s campaign manager that …
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Venezuela court upholds ban on leading opposition presidential candidate Machado
by Reutersby ReutersBy Vivian Sequera, Mayela Armas and Deisy Buitrago CARACAS (Reuters) -Venezuela’s Supreme Justice Tribunal on Friday upheld a ban which prevents presidential candidate Maria Corina Machado from holding office, upending …
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By Noel Randewich and Ankika Biswas (Reuters) -The S&P 500 ended a five-session streak of record highs on Friday, with Intel slumping after a bleak revenue forecast, while U.S. economic …
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US Justice Department finds that ex-New York Governor Cuomo sexually harassed employees
by Reutersby ReutersNEW YORK (Reuters) – The U.S. Justice Department on Friday agreed with a finding by the New York attorney general that the state’s former governor, Andrew Cuomo, violated federal law …
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Exclusive-Lockheed Martin to cut 1% of its jobs in cost-cutting push
by Reutersby ReutersBy Utkarsh Shetti and Mike Stone (Reuters) – Lockheed Martin will cut 1% of its jobs over the course of the year in a bid to cut costs and streamline …
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Musk’s SpaceX sued for negligence in accident that led to worker’s coma
by Reutersby ReutersBy Marisa Taylor and Joey Roulette WASHINGTON (Reuters) – Elon Musk’s SpaceX is facing a negligence lawsuit brought by the wife of a worker whose skull was fractured during a …
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WASHINGTON (Reuters) – U.S. Defense Secretary Lloyd Austin is expected to return to the Pentagon on Monday, nearly a month after being secretly admitted to a hospital for complications from …
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(Reuters) -Elon Musk said on Friday his artificial intelligence firm xAI was not in talks with investors to secure funding, following a media report earlier in the day on the …
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Bank of America bonuses for dealmakers, traders are broadly flat -source
by Reutersby ReutersBy Saeed Azhar NEW YORK (Reuters) -Bank of America’s bonus pool for investment bankers will range from steady to 3% lower for 2023 under pressure from a slowdown in dealmaking, …
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By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – A handful of hedge funds made a winning bet on approval of a spot bitcoin exchange-traded fund (ETF) by investing …
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By Samrhitha A (Reuters) -Intel slumped more than 12% on Friday following a bleak first-quarter revenue outlook, as the chipmaker plays catch-up in the AI race while also dealing with …
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Global stock index edges up, dollar dips after US inflation reading
by Reutersby ReutersBy Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) -MSCI’s global stock index barely rose on Friday while the U.S. dollar edged down after the U.S. Federal Reserve’s favored inflation …
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Morgan Stanley’s executive chairman Gorman sells shares worth $4.4 million
by Reutersby Reuters(Reuters) -Morgan Stanley’s Executive Chairman James Gorman sold shares of the bank worth roughly $4.4 million on the open market, a regulatory filing showed on Friday. Gorman, who had been …
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Fed, earnings and economic data to test US stocks near record highs
by Reutersby ReutersBy David Randall NEW YORK (Reuters) -The U.S. stock market’s strong start to the year faces a major test next week in a stretch packed with big tech earnings, the …
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Canadian cardinal temporarily steps down after lawsuit alleging abuse
by Reutersby ReutersOTTAWA (Reuters) – Cardinal Gerald Lacroix, one of the top Roman Catholic clergymen in Canada, on Friday stepped down temporarily after he was named in a class-action lawsuit against the …
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Russia’s Putin says Ukraine shot down plane, deliberately or in error
by Reutersby ReutersMOSCOW (Reuters) -Russian President Vladimir Putin said on Friday that a Russian military plane that crashed near the border with Ukraine was shot down by Ukrainian air defences, whether on …
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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar inched lower on Friday, after data showed inflation rose modestly in December but was trending lower, which should keep the Federal …