By Julio-Cesar Chavez and Lizbeth Diaz EL PASO, Texas (Reuters) -U.S. border agents in El Paso, Texas, on Tuesday urged hundreds of migrants amassing on city streets to surrender to authorities as illegal crossings rose in the run-up to the end of COVID-19 border restrictions known as Title 42 later this week. At the same…
By Lizbeth Diaz MEXICO CITY (Reuters) – Long lines of migrants have amassed this week in the border city of Tijuana, near the sprawling wall that divides Mexico from the United States, in the final days of a three-year long COVID-19 policy that blocked people crossing from seeking asylum. The policy, known as Title 42,…
By Richard Cowan WASHINGTON (Reuters) -U.S. Senator Dianne Feinstein is returning to Washington on Tuesday after a months-long absence due to illness, her spokesman said, restoring Democrats’ 51-49 majority to full strength. The 89-year-old lawmaker had been sidelined since February as she recovered from a bout of shingles, which had led to calls from some…
By Akash Sriram (Reuters) -Rivian Automotive Inc on Tuesday beat Wall Street estimates for quarterly revenue as it sold more higher-priced electric vehicles, and stood by its annual production forecast of 50,000 cars. Shares in Rivian, which also cut costs during the January-March period, rose about 6% in extended trading as investors cheered its results…
BERKELEY, California (Reuters) – Tesla said on Tuesday that its Texas factory achieved production of 5,000 Model Y vehicles per week, meaning that it would be able to produce about 260,000 of the vehicles annually. Tesla’s Texas factory has an annual capacity of at least 250,000 vehicles. (Reporting by Hyunjoo Jin; Editing by Sandra Maler)
By Priyamvada C and Doyinsola Oladipo (Reuters) -Vacation rental booking company Airbnb Inc said on Tuesday that it expected fewer bookings and lower average daily rates in the second quarter versus a year earlier, sending shares down 11.5% in after-hours trading. U.S. travel companies, which have benefited from higher prices and hybrid work, are moderating…
By Carolina Mandl and Caroline Valetkevitch NEW YORK (Reuters) – U.S. stock indexes closed lower on Tuesday as investors grew more cautious ahead of a U.S. consumer price index report and a meeting between U.S. political leaders to discuss the debt ceiling. Investors will look for clues on whether inflation is continuing to ease following…
By Tom Wilson and Vidya Ranganathan (Reuters) – Digital stablecoin tether is winning the race for the title of the crypto world’s “least risky” asset. As a regional U.S. banking crisis widens and a regulatory crackdown on crypto firms deepens, investments within the cryptosphere are moving into tokens and coins perceived as relatively safe. Tether…
By David Shepardson WASHINGTON (Reuters) – An auto trade group warned on Tuesday that aggressive U.S. targets for reductions in vehicle emissions may rely on a too rapid transition to electric vehicles (EVs) and pose significant challenges with manufacturing and supply chains. The U.S. Environmental Protection Agency (EPA) has proposed sharp emissions cuts that it…
SHAKAHOLA FOREST, Kenya (Reuters) -Kenyan investigators exhumed 21 more bodies on Tuesday as they resumed a search for followers of a doomsday cult, who the interior minister described as victims of a “highly organised crime”. Paul Mackenzie, leader of the Good News International Church, is in custody accused of ordering followers to starve their children…
