By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden declared a “crisis averted” on Friday in his first address from the White House’s Oval Office, touting the passage of a bill to suspend the U.S. debt ceiling and avoid economic catastrophe. Biden used the moment to plead with Americans to bridge their…
By David Dolan and Daniel Leussink TOKYO (Reuters) – Two of the largest U.S. public pension funds have voted against the re-election of Toyota Motor Corp Chairman Akio Toyoda, shareholder voting records showed, sharpening the focus on the automaker’s annual meeting later this month. The California Public Employees’ Retirement System (CalPERS) and the Office of…
By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Walmart still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years, a top executive at the retailer said on Friday, even as the global economy remains on shaky ground. Gross merchandise volume (GMV) measures the total value…
PORT-AU-PRINCE (Reuters) – The United States on Friday blocked former Haitian Prime Minister Laurent Lamothe from entering the United States over what Secretary of State Antony Blinken said was his “involvement in significant corruption.” “This action renders Lamothe generally ineligible for entry into the United States,” the State Department said. In its statement, the State…
By Kylie Madry and Adriana Barrera MEXICO CITY (Reuters) -U.S. aviation regulators finished a review of Mexico’s airspace safety but have not yet announced a final decision, Mexico’s transportation ministry said on Friday, more than two years after the country was stripped of its top air rating. The U.S. Federal Aviation Administration (FAA) still…
By Lewis Krauskopf NEW YORK (Reuters) – As the U.S. stock market continues its climb, investors holding shares of the massive tech and growth companies leading the charge are debating whether to cash out or stay on for the ride. A record $8.5 billion flowed into tech stocks in the latest week, data from BofA…
By Abinaya V and Jatindra Dash BHUBANESWAR, India (Reuters) -At least 207 people were killed and 900 injured when two passenger trains collided in Odisha on Friday, according to government officials in the eastern Indian state, in India’s deadliest rail accident in over a decade. The death toll is expected to increase, state Chief Secretary…
By Allison Lampert and Ismail Shakil MONTREAL (Reuters) – Some 10,000 residents in coastal Quebec were forced to evacuate homes on Friday as wildfires engulf more Canadian provinces, in what is emerging as one of the worst starts to the forest fire season. The mayor of Sept-Iles, a coastal Quebec city, declared a local state…
WASHINGTON (Reuters) – President Joe Biden may sign the bill lifting the U.S. debt ceiling as soon as Saturday, according to the White House. Spokesperson Karine Jean-Pierre said on Friday the signing would take place after Congress finishes its work to finalize the bill. (Reporting by Jeff Mason; Writing by Trevor Hunnicutt; Editing by Chris…
By Trevor Hunnicutt WASHINGTON (Reuters) – A senior aide to U.S. President Joe Biden expressed concern about events in northern Kosovo in calls with Prime Minister Albin Kurti and Serbian President Aleksandar Vucic, the White House said on Friday. A political crisis that has spiraled into violence in Kosovo’s north has intensified since ethnic Albanian…
