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US judge strikes down federal law barring handgun sales to those under 21
By Brad Brooks (Reuters) - A federal judge in Virginia has struck down federal laws that block the sell of handguns to buyers under the age of 21, ruling they violate constitutional rights to possess ...
Syndicated Content May 11, 2023
Yellen to discuss debt ceiling with bank lobby group – official
(Reuters) - U.S. Treasury Secretary Janet Yellen will discuss the impasse over raising the government debt ceiling with board members of the Bank Policy Institute lobby group next week, a senior Treas...
Syndicated Content May 11, 2023
Foxconn shares fall after Apple supplier’s Q1 profit plunges
TAIPEI (Reuters) - Shares of Foxconn fell more than 2% on Friday after the Apple Inc supplier's quarterly profit missed forecasts and it cited a big writedown from its stake in Japan's Sharp Corp for ...
Syndicated Content May 11, 2023
Oil prices recover on short-covering, U.S. debt ceiling fears weigh
By Yuka Obayashi TOKYO (Reuters) - Oil markets regained some ground in early Asian trade on Friday with traders engaged in short-covering ahead of the weekend, but uncertainties regarding the U.S. deb...
Syndicated Content May 11, 2023
Shares of Japan’s Sharp tumble after $1.9 billion full-year loss
TOKYO (Reuters) - Shares of Sharp Corp, the Japanese electronics maker owned by Taiwan's Foxconn, tumbled 7% on Friday after it reported a $1.9 billion loss on write-downs of its panel display busines...
Syndicated Content May 11, 2023
Judge rejects bid to disqualify JPMorgan’s law firm in Epstein litigation
By Jonathan Stempel NEW YORK (Reuters) - A federal judge on Thursday rejected an effort to disqualify the law firm defending JPMorgan Chase & Co against a lawsuit by women who claim they were abused b...
Syndicated Content May 11, 2023
Air Canada pilots pressing for ‘historic’ gains say full bargaining likely this summer
By Allison Lampert MONTREAL (Reuters) - Air Canada pilots eyeing "historic" workplace gains said on Thursday that full bargaining with the carrier was likely to start this summer, before the end of th...
Syndicated Content May 11, 2023
SoftBank shares fall nearly 4% on bigger-than-expected loss
TOKYO (Reuters) - Shares of SoftBank Group Corp fell as much as 3.85% in early trade on Friday, after the Japanese technology investor posted an annual loss that was more than three times as big as ma...
Syndicated Content May 11, 2023
U.S. Treasury yields to rise amid debt ceiling standoff: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) - U.S. Treasury yields will rise significantly over the coming month, according to analysts polled by Reuters who were split over whether the risk of a U.S. defa...
Syndicated Content May 11, 2023
Philips to pay $62 million to resolve charges it violated US law, SEC says
WASHINGTON (Reuters) - Dutch medical device maker Philips will pay more than $62 million to resolve charges that it violated the Foreign Corrupt Practices Act over its conduct related to sales of medi...
Syndicated Content May 11, 2023
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