New image reveals violent events near a supermassive black hole

By Will Dunham WASHINGTON (Reuters) – Expanding upon the historic first images of black holes, scientists on Wednesday unveiled the first picture showing the violent events unfolding around one of these ravenous cosmic behemoths, including the launching point of a colossal jet of high-energy particles shooting outward into space. The new image was obtained using…

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Exclusive-US allowed JPMorgan payment route for Russian grain export

MOSCOW (Reuters) -The United States gave JPMorgan permission to process payments for agricultural exports via the Russian Agricultural Bank, but the arrangement was no substitute for reconnecting the bank to the SWIFT system, two Russian sources told Reuters. Access to the SWIFT payment system for the Russian Agricultural Bank is one of Moscow’s main demands…

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US prepares for more migrant crossings as border restrictions set to end

By Ted Hesson and Matt Spetalnick WASHINGTON (Reuters) -President Joe Biden’s administration is devising a strategy for the possible arrival of tens of thousands more migrants at the U.S.-Mexico border after the anticipated end of COVID-19 restrictions next month, scrambling to find holding centers, speed deportations and increase processing of refugees abroad. The administration is…

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Oil drops nearly 4% as recession fears outweigh US inventory draw

(Refiles to fix formatting) By Laila Kearney NEW YORK (Reuters) – Oil prices dropped by almost 4% on Wednesday, extending the previous session’s sharp losses, even after a report showed U.S. crude inventories fell more than expected, as recession fears grew for the world’s biggest economy. Brent crude settled at $77.69 a barrel, losing $3.08,…

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Venture capital firm Greycroft raises nearly $1 billion across two funds

(Reuters) -Venture capital firm Greycroft has raised over $980 million across two funds to invest in early- and growth-stage companies, the venture capital firm said on Wednesday. The latest fundraise marks the largest funds Greycroft has raised since its inception in 2006. Based in New York and Los Angeles, Greycroft invests in consumer and enterprise…

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