By Ted Hesson WASHINGTON (Reuters) – Donald Trump said on Tuesday that if elected president again in 2024 he would seek to end automatic citizenship for children born in the United States to immigrants in the country illegally, a plan that contradicts how a 19th century amendment to the U.S. Constitution long has been interpreted….
By Yuvraj Malik, Samrhitha A and Stephen Nellis (Reuters) – Jensen Huang, the chief of chipmaker Nvidia Corp, has joined an elite list of tech executives to head a company worth $1 trillion. Even more unusual is that Huang, 60, is only the second U.S. CEO after Amazon.com Inc’s Jeff Bezos, who helmed the retailer…
By Bart Meijer AMSTERDAM (Reuters) – The Netherlands is set for a major overhaul of its 1.45 trillion euro ($1.6 trillion) private pension industry, Europe’s largest, that will see funds ditch the promise of guaranteed benefits as they try to keep a lid on costs. Following years of debate, the Dutch Senate on Tuesday gave…
By Brendan Pierson (Reuters) – Los Angeles on Tuesday announced a settlement with a Nevada-based company it accused of illegally selling so-called “ghost guns,” components without serial numbers that a purchaser can easily assemble into a complete gun, in California. The company, Polymer80, will pay $4 million in civil penalties, and its two founders will…
By Ahmed Eljechtimi RABAT (Reuters) – Two thirds of Moroccan jobs are now in the grey economy, statistics agency said on Tuesday, giving its first public assessment of a trend that the government says is depriving the economy of $3.4 billion annually. Nearly all the jobs in the agricultural sector, which represents 14% of the…
By Fatos Bytyci ZVECAN, Kosovo (Reuters) -NATO is to send 700 extra troops to Kosovo and put another battalion on high alert to go in as unrest in the region has intensified since ethnic Albanian mayors took office in the country’s northern Serb-majority area after votes last month. In the town of Zvecan on Tuesday,…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence slipped to a six-month low in May as Americans’ assessment of the labor market softened, but more households planned to purchase motor vehicles and other big-ticket items over the next six months, which could support economic growth this quarter. The ebb in confidence reported by the…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence slipped to a six-month low in May as Americans’ assessment of the labor market softened, but more households planned to purchase motor vehicles and other big-ticket items over the next six months, which could support economic growth this quarter. The ebb in confidence reported by the…
(Reuters) – Goldman Sachs Group Inc is expected to cut fewer than 250 jobs in the coming weeks as a sluggish market for deals weighs on investment banking, a source familiar with the matter said. The departures could be spread across seniority levels and include partners and managing directors, the source said. The layoffs were…
By Hannah Lang WASHINGTON (Reuters) – Currency markets were choppy on Tuesday as the dollar hit a 10-week high against peers and a six-month top versus the yen before retreating after Japanese officials gave their currency a nudge. Japan will closely watch currency market moves and respond “appropriately” as needed, the country’s top currency diplomat…
