Category Archives:
China’s Micron ban ‘not based in fact,’ White House says
WASHINGTON (Reuters) - The Chinese government's recent ban on U.S. chipmaker Micron Technology over security concerns is "not based in fact," the White House said on Tuesday. The Biden administration ...
May 23, 2023
Mexico government open to buying Citigroup’s Banamex
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador's administration is studying the possibility of buying a majority of shares in Citigroup's local retail unit known as Banamex, acc...
May 23, 2023
Explainer-How could a US debt ceiling default hit regular Americans?
By Jason Lange WASHINGTON (Reuters) - What could happen on Main Street if Washington's political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the ec...
May 23, 2023
US securities regulator shuts down ‘sham’ marijuana offering
By Chris Prentice NEW YORK (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Tuesday said it obtained an order to shut down an alleged Ponzi-like scheme run by two individuals who raise...
May 23, 2023
Biden administration asks US court to dismiss airplane mask case
WASHINGTON (Reuters) - The Justice Department on Tuesday asked an appeals court panel to dismiss its appeal and vacate an April 2021 ruling that declared unlawful a government order requiring masks on...
May 23, 2023
Italy’s Bellocchio debuts ‘Kidnapped’ at Cannes, about Church abduction of Jewish boy
CANNES (Reuters) - Italian director Marco Bellocchio, a Cannes Film Festival regular, was on the French Riviera city's red carpet on Tuesday with "Kidnapped," his eighth attempt at winning a Palme d'O...
May 23, 2023
Palo Alto lifts annual forecasts on resilient cybersecurity spending
(Reuters) -Palo Alto Networks Inc raised its full-year forecasts for adjusted profit and revenue on Tuesday as clients looking to reduce costs shift their spending to bigger cybersecurity firms with b...
May 23, 2023
Brazil’s finance ministry lifts 2024 inflation estimate
BRASILIA (Reuters) - Brazil's finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its estimate for growth in Latin America's largest economy unchanged at 2.3%...
May 23, 2023
Record solar power generated in New York state -grid operator
(Reuters) - New York state's power grid met about 20% of its electricity demand with energy from the sun for one hour last week, marking the highest ever output from solar generation, the grid operato...
May 23, 2023
Vedanta raises about $850 million via JPMorgan, Oaktree loan – Bloomberg News
(Reuters) - Vedanta Group, the promoter of metals-to-oil conglomerate Vedanta Ltd, has signed a five-year loan for about $850 million with JPMorgan and Oaktree, Bloomberg News reported, citing people ...
May 23, 2023
Peoria, IL, USA
42 °F Partly cloudy
