KYIV (Reuters) -A Ukrainian military unit said on Wednesday it had routed a Russian infantry brigade from frontline territory near Bakhmut, claiming to confirm an account by the head of Russia’s Wagner private army that the Russian forces had fled. Later in the day, Colonel General Oleksandr Syrskyi, who heads Ukraine’s ground forces, said Russian…
By Helen Coster (Reuters) – When deliberating whether to settle its defamation lawsuit against Fox for $787.5 million in April, the CEO of Dominion Voting Systems and his partner saw the figure as “a very big price to put on truth and journalism and probably not a bad precedent,” Dominion head John Poulos said Wednesday….
(Reuters) – First Citizen BancShares Inc on Wednesday reported a gain of $9.82 billion in the first quarter from its acquisition of failed lender Silicon Valley Bank in March. The windfall helped drive a surge in its profit to $9.50 billion, or $653.64 per share, for the three months ended March 31 from $264 million,…
By Timothy Gardner WASHINGTON (Reuters) – The U.S. nuclear energy regulator on Tuesday issued a license to Holtec International to build and operate a temporary facility to store nuclear waste from power plants, despite a New Mexico state law that could present a hurdle to the project. The Nuclear Regulatory Commission (NRC) said the license…
By Valerie Volcovici WASHINGTON (Reuters) -Democratic U.S. Senator Joe Manchin said on Wednesday he would oppose all nominees for Environmental Protection Agency (EPA) posts until President Joe Biden’s administration halts what he described as its “radical climate agenda.” Manchin, who represents the coal-producing state West Virginia, delivered his ultimatum a day ahead of the EPA’s…
By Yousef Saba and Rachna Uppal DUBAI (Reuters) – Lucid’s electric vehicles are often displayed prominently at public events and financial conferences in Saudi Arabia to symbolise its crown prince’s multi-billion dollar “Vision 2030”. The electric car maker is among the biggest U.S. investments by Saudi Arabia’s Public Investment Fund (PIF) which has been tasked…
By Chris Taylor NEW YORK (Reuters) – Whether they actively teach us about finances, or we just observe how they handle the business of life, mothers can have a massive influence on our financial lives. For Mother’s Day, we asked a few business leaders about the best money advice they ever got from their moms….
By Jarrett Renshaw and Timothy Gardner WASHINGTON (Reuters) -The White House on Wednesday called on Congress to pass permitting legislation that would help speed up clean energy and fossil fuel projects, betting that the bipartisan measure may help end a standoff on the debt ceiling. The renewed push on permitting reform comes the day after…
By Patricia Zengerle WASHINGTON (Reuters) – U.S. Senate Democrats released a letter from Secretary of Defense Lloyd Austin on Wednesday saying a Republican’s decision to hold military nominations harms national security, intensifying a dispute over the military’s abortion policy. Republican Senator Tommy Tuberville has been blocking more than 150 military nominations from moving forward for…
By Daniel Wiessner (Reuters) – A Black former Tesla Inc factory worker has accused the electric automaker’s lawyers of “egregious misconduct” after a jury awarded him $3.2 million in a race bias case, and asked for a third trial so he can seek more money. Lawyers for plaintiff Owen Diaz said in a filing in…
