Union sues to strike down US debt limit as default looms
By Daniel Wiessner (Reuters) – A union for U.S. federal government employees filed a lawsuit on Monday claiming a law…
May 2023
Seven US senators raise concerns about Tesla use of forced arbitration clauses
By David Shepardson WASHINGTON (Reuters) -A group of seven U.S. senators on Monday questioned Tesla Inc’s use of forced arbitration…
Shares rise, dollar flat ahead of key U.S. inflation data
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global equity markets rose and the dollar was…
Russia’s war on Ukraine latest: Wave of attacks on cities before Victory Day holiday
(Reuters) – Russia launched its biggest swarm of drones for months against Ukraine on the eve of Russia’s May 9…
PacWest shares pare gains after dividend cut fails to stem market fears
By Niket Nishant and Chibuike Oguh (Reuters) -PacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional…
Associated Press, New York Times win Pulitzers for Ukraine coverage
By Joseph Ax NEW YORK (Reuters) -The Associated Press won two Pulitzer Prizes on Monday, including the distinguished public service…
Byron Allen sues McDonald’s for allegedly lying about commitment to Black media
By Jonathan Stempel (Reuters) -The media entrepreneur Byron Allen has filed a second lawsuit against McDonald’s Corp over the fast-food…
Devon Energy tops profit estimates on strong demand, boosts share buyback
(Reuters) -Shale oil producer Devon Energy on Monday topped Wall Street estimates for first-quarter profit on high demand for crude…
Western Digital Corp sees weak fourth quarter on slower recovery for memory chips
(Reuters) – Memory chip firm Western Digital Corp forecast fourth-quarter revenue below Wall Street estimates and a bigger current-quarter loss,…
Russia attacks Ukrainian cities with drones and missiles
By Gleb Garanich and Valentyn Ogirenko KYIV (Reuters) -Russia launched its biggest swarm of drones for months against Ukraine on…