By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) – Tesla Inc boss Elon Musk, who has never used traditional advertising to sell cars, said on Tuesday that the automaker would try it and see whether it produced results. Musk said it was “ironic” that as CEO of Tesla, he now owns Twitter. The social…
By Joseph Ax (Reuters) -Republican voters in Kentucky on Tuesday chose Daniel Cameron, the state’s popular conservative attorney general, to challenge Democratic Governor Andy Beshear, setting up one of the most closely watched elections of the year, according to an early call of the race by the Associated Press. Cameron, who is Black and has…
By Nandita Bose and David Morgan WASHINGTON (Reuters) -Democratic President Joe Biden and top congressional Republican Kevin McCarthy edged closer to a deal to avoid a looming U.S. debt default Tuesday, as the threat of an economic nightmare prompted Biden to cut short an Asia trip this week. After an hour of talks, McCarthy, the…
By Daniel Trotta (Reuters) – U.S. officials on Tuesday announced the emergency use of a bird flu vaccine to protect the California condor, a critically endangered and magnificent animal that has already bounced back once from the brink of extinction. After finding a California condor dead from highly pathogenic avian influenza, or bird flu, in…
By Steve Holland and David Brunnstrom WASHINGTON (Reuters) -An unfolding crisis over the U.S. debt ceiling prompted President Joe Biden on Tuesday to postpone plans to visit Papua New Guinea and Australia, cutting short an upcoming Asia trip so he can return to Washington. Biden will still leave on Wednesday en route to Hiroshima, Japan,…
WASHINGTON (Reuters) – A U.S.-made Patriot missile defense system being used by Ukraine likely suffered some damage from a Russian strike, two U.S. officials said on Tuesday, adding that it did not appear to have been destroyed. The Patriot system is one of an array of sophisticated air defense units supplied by the West to…
WASHINGTON (Reuters) -President Joe Biden and top Republican lawmakers met at the White House for less than an hour on Tuesday to break a deadlock over raising the $31.4 trillion U.S. debt limit, and both sides expressed hope about reaching a deal. Failure to raise the federal debt limit by June 1, when the U.S….
(Reuters) -Swiss bank UBS Group AG has set aside $4 billion in provisions for potential litigation and regulatory issues stemming from its takeover of Credit Suisse, the bank said in a filing on Tuesday, as it prepared to complete the rescue of its Swiss rival. UBS estimated a “negative goodwill” of $34.8 billion from its…
By David Shepardson WASHINGTON (Reuters) -The Republican majority on a U.S. House of Representatives panel criticized two Environmental Protection Agency officials who declined to appear at a hearing Wednesday on a proposal by President Joe Biden’s administration’s to cut vehicle emissions and boost sales of electric vehicles. A spokesperson for the House Oversight Republican majority…
By Libby George and Canan Sevgili LONDON (Reuters) -Turkey’s market rout deepened on Tuesday amid investor expectations that President Tayyip Erdogan could be able to extend his rule – and his unorthodox economic policies – into a third decade. Banking stocks and sovereign dollar bonds slid for a second day and the cost of insuring…
