All news by author: Reuters
• Business • Views: 495
Dow snaps 10-day losing streak, ekes out small gain after Wednesday’s rout
The Dow is on track to snap its 10-session losing streak, its longest since 1974.
• Lifestyle • Views: 754
The union representing over 10,000 Starbucks baristas approves a possible strike in the US
The union representing over 10,000 Starbucks baristas announced they have approved the option to strike before the last round of negotiations with the coffee giant this Tuesday
• Business • Views: 522
Nigeria apprehends close to 800 individuals in a crypto-romance scam targeting Americans and Europeans
Nigeria's anti-corruption agency announced it had detained 792 individuals during a raid on a facility thought to be a center for scammers. These con artists enticed victims with romantic promises and then convinced them to invest money in sham cryptocurrency ventures
• Business • Views: 679
TikTok turns to US Supreme Court in last-ditch bid to avert ban
TokTok and ByteDance sought an injunction to halt the looming ban on the social media app used by about 170 million Americans while they appeal a lower court's...
• World News • Views: 1063
Mayotte cyclone kills several hundred, maybe thousands, in worst storm in century
Several hundred people and possibly even thousands may have been killed when the most powerful cyclone in nearly a century hit the French Indian Ocean archipelago of Mayotte, a senior local French official said on Sunday.
• World News • Views: 734
Georgia's legislators choose a former soccer player known for his anti-Western stance as president
On Saturday, Georgian legislators chose Mikheil Kavelashvili, a staunch opponent of the West, as president, positioning him to succeed the current pro-Western leader
• Business • Views: 606
Appeals court rejects TikTok request to temporarily halt pending US ban
A federal appeals court on Friday rejected an emergency bid by TikTok to temporarily block a law that would require its Chinese parent company ByteDance to divest the short-video app by Jan. 19 or face a ban.
• Business • Views: 985
The Trump transition team aims to eliminate a regulation on reporting car crashes, which is opposed by Elon Musk's Tesla
The Trump transition team is urging the new administration to eliminate a car-crash reporting requirement that Elon Musk's Tesla does not support, according to a document reviewed by Reuters. This action could severely limit the government's capacity to investigate and oversee the safety of vehicles equipped with automated-driving systems
• World News • Views: 914
Amid rising global tensions, Switzerland intends to modernize its nuclear bunkers dating back to the Cold War era
Nuclear shelters from the Cold War period in Switzerland are set to be modernized following an increase in questions from concerned citizens
• Business • Views: 698
Former TD Bank employee charged by federal authorities for assisting with money laundering to Colombia
A former TD Bank employee from Florida was taken into custody and charged with aiding money laundering activities to Colombia, according to New Jersey's attorney general on Wednesday, marking the first arrest of its kind since the Canadian bank paid a $3 billion penalty
• Business • Views: 904
UnitedHealth, rival shares tumble as lawmakers push to break up drug middlemen
Shares of companies owning pharmacy benefit managers fell on Wednesday after the introduction of a bipartisan bill that would force health insurers or drug middlemen to divest their pharmacy businesses.
• Business • Views: 862
David Bonderman, co-founder of the private-equity powerhouse TPG, has passed away at the age of 82
David Bonderman, who co-founded the alternative asset management giant TPG, valued at $239 billion, has passed away at the age of 82, the company announced on Wednesday
• Business • Views: 434
Nasdaq closes above 20K for first time as Trump, AI bets boost tech stocks
The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on hopes of looser regulation under Donald Trump's presidency and bets on AI-fueled earnings growth in the coming quarters.
• Business • Views: 588
The Supreme Court rejects Nvidia's attempt to throw out a fraud lawsuit filed by shareholders
The US Supreme Court on Wednesday avoided making a decision on whether shareholders could continue with a securities fraud lawsuit against AI chipmaker Nvidia, which is accused of deceiving investors about the extent to which its sales relied on the unpredictable cryptocurrency market
• World News • Views: 989
Dozens of predominantly Israeli Jews are accused of espionage for Iran in what is being described as the country's most significant infiltration in decades
The arrest of nearly 30 mostly Jewish citizens by Israel, accused of espionage for Iran across nine secretive cells, has raised concern within the nation and signifies Tehran's most significant attempt in decades to penetrate its main adversary, according to four Israeli security officials
• Business • Views: 978
GM shuts down Cruise robotaxi after pouring over $10 billion into the self-driving sector
General Motors announced on Tuesday that it will cease funding and withdraw from the development of robotaxis at its Cruise subsidiary, which it majority owns, marking a setback for the automaker that had prioritized this advanced tech division
• Business • Views: 518
Biden to kill Nippon Steel’s $15B takeover of US Steel on national security grounds: report
President Biden plans to formally block Nippon Steel's proposed takeover of US Steel on national security grounds once the $15 billion deal is referred back to him later this month, Bloomberg News reported Tuesday, citing people familiar with the matter.
• Business • Views: 892
Kroger’s $25B deal to buy grocery rival Albertsons blocked by federal judge in win for Biden administration
A federal judge blocked the pending $25 billion merger of grocery chains Kroger and Albertsons on Tuesday, siding with the Federal Trade Commission in a win for the Biden administration.
• World News • Views: 447
With Assad ousted, a new era starts in Syria as the world watches
Syrians awakened on Monday to a hopeful if uncertain future after rebels seized the capital, Damascus, and President Bashar al-Assad fled to Russia following 13 years of civil war and more than 50 years of his family's brutal rule.
• Crime • Views: 833
The consequences of martial law in South Korea intensify as President Yoon Suk Yeol becomes the focus of a criminal investigation
The leadership crisis in South Korea intensified on Sunday as prosecutors identified President Yoon Suk Yeol as a target in a criminal investigation concerning the attempted declaration of martial law last week
• Business • Views: 602
Alex Jones still must pay $1.3B Sandy Hook defamation verdict, appeals court rules
A Connecticut appeals court on Friday largely upheld a nearly $1.3 billion defamation verdict against conspiracy theorist Alex Jones in a case accusing the Infowars founder of spreading lies about the 2012 Sandy Hook mass shooting.
• Crime • Views: 406
An Italian nun was one of 25 individuals taken into custody during a raid targeting the 'Ndrangheta Mafia
Italian police apprehended a nun recognized for her work in prisons, along with 24 other individuals, on Thursday as part of an investigation into the 'Ndrangheta mafia in the northern city of Brescia, according to three sources familiar with the situation who spoke to Reuters
• World News • Views: 406
In 2023, Muhammad was the most popular baby name for boys in England and Wales
According to official data released on Thursday, the name Muhammad became the most common choice for newborn boys in England and Wales in 2023, surpassing Noah to claim the number one position
• Business • Views: 931
Boeing plea agreement concerning 737 MAX fatal accidents dismissed â judge criticizes federal DEI mandate
On Thursday, a federal judge turned down Boeing's deal to plead guilty to fraud following two deadly 737 MAX crashes, criticizing a diversity and inclusion clause in the agreement that pertains to choosing an independent monitor to review the aircraft manufacturer's compliance processes
• World News • Views: 461
French PM Michel Barnier to resign as country plunges deeper into political crisis
French President Emmanuel Macron is rushing to tap a new prime minister after Michel Barnier gears up to resign.
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