By David Shepardson WASHINGTON (Reuters) -The Biden administration does not plan to extend a July 1 deadline for airlines to upgrade airplane altimeters, the measuring instruments that are crucial for bad-weather landings, to address potential interference from 5G wireless technology, Transportation Secretary Pete Buttigieg said. Buttigieg in a call on Tuesday told airlines that the…
By David Shepardson WASHINGTON (Reuters) -The Biden administration does not plan to extend a July 1 deadline for airlines to upgrade airplane altimeters, the measuring instruments that are crucial for bad-weather landings, to address potential interference from 5G wireless technology, Transportation Secretary Pete Buttigieg said. Buttigieg in a call on Tuesday told airlines that the…
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve kicks off a two-day policy meeting on Tuesday that is likely to push the U.S. central bank’s benchmark overnight interest rate to its highest level in nearly 16 years, hitting a potential plateau that will test the economy in a way not seen since the onset…
(Reuters) – Censured Montana transgender Representative Zooey Zephyr on Tuesday lost a last-minute legal attempt to rejoin debate on the House floor, as a Montana judge rejected her attempt to overturn the legislature’s punishment that silenced her. Republicans controlling Montana’s House of Representatives on April 26 barred Zephyr, a Democrat, from the House floor, anteroom…
By Arshreet Singh (Reuters) -U.S. oil and gas company Chesapeake Energy Corp on Tuesday beat estimates for first-quarter profit on higher production of natural gas despite lower prices. The United States has emerged as the world’s largest LNG exporter after Western sanctions on major supplier Russia, which has boosted demand for U.S. natural gas and…
By Idrees Ali and Ted Hesson WASHINGTON (Reuters) -President Joe Biden’s administration will temporarily send 1,500 additional troops to help secure the U.S.-Mexico border, the Pentagon said on Tuesday, in preparation for a possible rise in illegal immigration when COVID-19 border restrictions lift later this month. The 90-day deployment of active-duty troops will supplement the…
By Mohamed Noureldin KHARTOUM (Reuters) – Sudan’s warring military factions agreed to a new and longer seven-day ceasefire from Thursday, neighbour and mediator South Sudan said, even as more air strikes and shooting in the Khartoum capital region undercut their latest supposed truce. Previous ceasefire pledges have ranged from 24 to 72 hours but there…
By Anthony Boadle BRASILIA (Reuters) – Brazil’s government and judiciary objected on Tuesday to big tech firms campaigning against an internet regulation bill aimed at cracking down on fake news, alleging undue interference in the debate in Congress. Bill 2630, also known as the Fake News Law, puts the onus on the internet companies, search…
By Anthony Boadle BRASILIA (Reuters) – Brazil’s government and judiciary objected on Tuesday to big tech firms campaigning against an internet regulation bill aimed at cracking down on fake news, alleging undue interference in the debate in Congress. Bill 2630, also known as the Fake News Law, puts the onus on the internet companies, search…
By Chavi Mehta, Jane Lanhee Lee and Stephen Nellis (Reuters) -Advanced Micro Devices shares slumped on Tuesday after the chipmaker forecast quarterly sales below estimates due to a weak PC market, overshadowing the company’s optimism that the chip market would start to recover in the second half of 2023. The company also missed analyst estimates…
