Who is ‘Trump Attorney 1’? Lawyer Evan Corcoran’s key role in indictment

By Andrew Goudsward (Reuters) – Evan Corcoran, a lawyer hired by Donald Trump to fend off a federal investigation into his handling of sensitive documents, is now a central figure in the U.S. Justice Department’s criminal case against the former president. The shift from lawyer to potential witness is a sharp turn for Corcoran. The…

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White House says West Coast port negotiations show some progress

By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES (Reuters) -West Coast port employers and the union representing 22,000 workers have “overcome some sticking points” in tense labor talks that have entered their 13th month, White House press secretary Karine Jean-Pierre told reporters on Tuesday. Acting U.S. Labor Secretary Julie Su is in San Francisco, where…

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Online retailer Overstock to buy some assets of Bed Bath & Beyond

(Reuters) – Overstock.com will buy certain assets of bankrupt home goods retailer Bed Bath & Beyond for $21.5 million, the online retailer said on Tuesday. The deal, designated a “stalking horse” bid under the U.S. Bankruptcy Code, will include intellectual property, business data, rights to mobile applications, and will also assume certain liabilities of Bed…

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Avolon says $4 trln needed to transform global jet fleet

By Tim Hepher PARIS (Reuters) -Global aviation needs $4 trillion over the next 20 years to fund new commercial deliveries and transform the world’s fleet to reduce emissions, leasing firm Avolon said on Tuesday. Airlines and leasing companies will take delivery of 44,300 commercial passenger aircraft by 2042, of which approximately half will be for…

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Pro-Russian hackers step up attacks against Swiss targets, authorities say

GENEVA (Reuters) -A pro-Russian hacking group had intensified its cyberattacks against Switzerland, authorities said on Tuesday, with hackers claiming to have taken down several major websites including the one for Geneva Airport. Switzerland’s main government websites, including parliament and the federal administration, have been hit in recent days by a distributed denial-of-service (DDoS) attack claimed…

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NATO chief: Ukraine making progress in counteroffensive

By Andrea Shalal and Steve Holland WASHINGTON (Reuters) – NATO Secretary General Jens Stoltenberg on Tuesday said Ukraine is making progress in its counteroffensive against Russian invaders and predicted NATO leaders will increase military assistance to Kyiv when they meet next month. Stoltenberg made the comments as he met in the Oval Office with President…

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Exclusive-Canada bank regulator says lenders should urgently tackle risks from mortgage extensions

By Nivedita Balu TORONTO (Reuters) -Canada’s financial regulator is urging lenders to tackle risks from mortgage extensions at the “earliest opportunity” as many borrowers try to navigate higher mortgage costs after the Bank of Canada’s surprise rate hike last week. The Office of the Superintendent of Financial Institutions’ (OSFI) urgency underscores the concern about the…

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Germany’s coalition agrees changes to green heating law after dispute

By Holger Hansen and Riham Alkousaa BERLIN (Reuters) – Germany’s ruling coalition on Tuesday agreed changes to a bill on phasing out oil and gas heating systems after weeks of wrangling that raised doubts whether coalition could survive until the end of its term. The coalition is led by the Social Democrats (SPD), supported by…

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