By Ross Colvin (Reuters) -Republican U.S. Senator Tim Scott on Friday entered the 2024 presidential race, joining Donald Trump in the growing list of Republicans seeking to unseat Democratic President Joe Biden. Here is a list of declared candidates and other potential 2024 hopefuls in both the Democratic and Republican parties. TIM SCOTT The only…
By Bianca Flowers and Aishwarya Nair (Reuters) -Deere & Co on Friday topped Wall Street profit expectations on strong sales of its tractors and precision agriculture equipment, and raised its net income forecast for the rest of the year as order books remain robust. But shares in the world’s largest farm equipment maker fell 1.7%…
WASHINGTON (Reuters) – Debt ceiling talks between the White House and House Republican lawmakers were paused on Friday, a Punchbowl reporter said on Twitter. (Reporting by Katharine Jackson and Doina Chiacu; Editing by)
By Moira Warburton WASHINGTON (Reuters) – U.S. Senator Tim Scott on Friday launched a bid for the 2024 Republican presidential nomination. He is the only Black Republican candidate so far, and says he is running as an antidote to racial and cultural divisiveness in the United States. Here are key facts about Scott’s life and…
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Friday that the aftereffects of recent banking sector troubles takes some pressure off the U.S. central bank to raise rates. Tighter credit conditions mean that “our policy rate may not need to rise as much as it would have otherwise to achieve our goals,” Powell…
By Giselda Vagnoni ROME (Reuters) – After three years of pandemic travel restrictions and rocketing energy costs, tourism is back with a vengeance to boost the economies of southern Europe as sun-seekers make up for lost time. Early bookings suggest Italy, Spain, Greece and Portugal could receive record tourism revenues this year, helping replenish state…
By Daniel Wiessner (Reuters) – A U.S. labor board official has accused the University of Southern California of blocking student athletes from unionizing by not treating them as employees, in the latest case to challenge the longstanding business model of college athletics. The National Labor Relations Board’s Los Angeles office in a complaint announced late…
BERLIN (Reuters) – Volkswagen has completed the sale of its Kaluga production plant in Russia and its local subsidiaries, the German carmaker said on Friday, ending months of wrangling with Russian authorities over the deal. Volkswagen has sold its shares in Volkswagen Group Rus LLC to Art-Finance LLC, which is supported by autodealer group Avilon,…
(Reuters) – Morgan Stanley will likely appoint its next CEO in the next 12 months, its current Chief Executive James Gorman said on Friday. Gorman, 64, told shareholders that the Wall Street firm’s board has identified three strong candidates to succeed him. Gorman will become executive chairman once a new CEO is chosen. Here are…
By Maya Gebeily (Reuters) – Every handshake would count, and Syria’s President Bashar al-Assad had plenty of them at Friday’s Arab League Summit – along with hugs and kisses – from his onetime foes in the region. As he strolled into the summit venue in the Saudi city of Jeddah on Friday afternoon, a beaming…
