By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after the Federal Reserve raised interest rates by a quarter of a percentage point and signaled it may pause further increases. In an overt shift, the central bank no longer said it “anticipates” further rates will be needed, only that it will watch…
By Tim Hepher PARIS (Reuters) – Airbus posted a smaller than expected fall in first quarter core earnings as a strong performance at its helicopters segment helped offset the hit from fewer airplane deliveries and negative currency effects. The world’s largest planemaker reaffirmed production and financial targets, but said the introduction of a freighter version…
(Reuters) -Texas authorities have arrested the wife and a friend of a man accused of killing five of his neighbors, saying the two helped the suspect evade capture for four days, a local prosecutor said on Wednesday. Francisco Oropesa was apprehended on Tuesday after a manhunt conducted by local, state and federal officials. He was…
By Mrinalika Roy (Reuters) – Green Thumb Industries Inc reported higher first-quarter sales on Wednesday, as customer traffic rose at the cannabis producer’s retail stores after more U.S. states legalized the recreational use of marijuana. The company said its quarterly revenue grew despite continued price compression, helped by strong business performance in states like New…
By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) – The United States is extensively engaged on the case of a U.S. journalist who disappeared a decade ago, including with Syria and other countries, U.S. Secretary of State Antony Blinken said on Wednesday. Austin Tice, a former U.S. Marine and a freelance journalist, was kidnapped in…
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Hollywood writers have for decades penned sci-fi scripts featuring machines taking over the world. Now, they are fighting to make sure robots do not take their jobs. The Writers Guild of America is seeking to restrict the use of artificial intelligence in writing film and television…
By Blake Brittain (Reuters) – Alphabet’s Google LLC won a jury trial on Tuesday in a long-running patent lawsuit in Delaware federal court over features in Google’s smartphones and apps. The jury decided that Luxembourg-based patent owner Arendi SARL’s patent was invalid and that Google did not infringe it, according to the verdict made public…
By David Lawder WASHINGTON (Reuters) -The U.S. Federal Reserve is unlikely to be able to protect the U.S. economy from the damage caused by a failure to raise the federal debt ceiling, Fed Chair Jerome Powell said on Wednesday, adding that the government should never be in a position where it is unable to pay…
By Laura Matthews and Saqib Iqbal Ahmed NEW YORK (Reuters) – The cost of insuring against further losses in regional U.S. bank stocks stood near a one-month high in options markets on Wednesday, even as shares of lenders saw a reprieve from their recent sell-off. The 30-day implied volatility on the SPDR S&P Regional Banking…
By Emma Farge GENEVA (Reuters) – The World Health Organization said on Wednesday that it has dismissed a senior scientist, known for his role as the head of an international mission to China to probe the origins of COVID-19, for sexual misconduct. The U.N. agency said Peter Ben Embarek, a Danish scientist who previously headed…
