By Tiyashi Datta (Reuters) – Florida Governor Ron DeSantis will announce on Wednesday he is entering the 2024 presidential race during a Twitter Spaces discussion with billionaire Elon Musk, the first time such an announcement will be made on social media. Musk and DeSantis will host the event on Twitter Spaces at 6 p.m. ET…
(Reuters) – Costs in Russia’s manufacturing sector rose for a third month in April, data from the state statistics service Rosstat showed on Wednesday, driven by a rise in the cost of mineral extraction and oil products. The producer prices index (PPI), a measure of costs in the manufacturing sector, increased 2.4% in April. In…
(This May 23 story has been corrected to fix the spelling of Carnell’s first name to Erik, from Eric, in paragraph 8) By Siddharth Cavale NEW YORK (Reuters) – Target, which rolled out its Pride Collection at the start of May, is pulling some products from its stores after facing customer backlash, saying it was…
By John Revill (Reuters) -UBS has been a net gainer in customer balances following its rescue of Credit Suisse, Chairman Colm Kelleher said on Wednesday, citing positive feedback from wealthy clients. Bank mergers can sometimes lead to turbulence, with clients withdrawing their cash, although this tended to happen very quickly, Kelleher told a WSJ event…
WASHINGTON (Reuters) – Russia’s decision to extend the detention of a Wall Street journalist being held in Russia by three months is not acceptable, White House spokesman John Kirby said on Wednesday. The longer pretrial detention of reporter Evan Gershkovich is irresponsible and unacceptable, Kirby told reporters in a briefing. (Reporting by Andrea Shalal and…
(Reuters) – New York state’s power grid met about 20% of its electricity demand with energy from the sun for one hour last week, marking the highest ever output from solar generation, the grid operator said on Tuesday. A record-setting 3,330 megawatts (MW) of solar power was produced during the noon hour on May 18,…
By Gabriella Borter WASHINGTON (Reuters) – In 1998, the year a voter-approved measure barring the use of race-conscious admissions policies for public colleges and universities in California took effect, the percentage of Black, Hispanic and Native American students admitted at two of the state’s elite public schools plummeted by more than 50%. Those figures for…
By Nidal al-Mughrabi GAZA (Reuters) -Whenever a door slams, 10 year-old Bissan al-Mansi mistakes it for a bomb dropping. More than a week has passed since the latest round of fighting with Israel in Gaza but al-Mansi says she still has nightmares. Local psychiatrists said al-Mansi’s symptoms were common among many children living in the…
Federal Reserve Governor Christopher Waller on Wednesday said he is concerned about the lack of progress on inflation, and while skipping an interest rate hike at the U.S. central bank’s meeting next month may be possible, an end to the hiking campaign isn’t likely. “I do not support stopping rate hikes unless we get clear…
By David Lawder and Doina Chiacu WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday maintained early June as a debt ceiling default deadline and said she will update Congress shortly about government finances. Speaking at a Wall Street Journal forum, Yellen said it was hard to be precise about exactly which day the U.S….
