SEOUL (Reuters) – North Korea fired two short-range missiles off its east coast on Thursday, South Korea’s military said, less than an hour after Pyongyang warned of an “inevitable” response to military drills staged earlier in the day by South Korean and U.S. troops. The latest action by North Korea came as U.S. President Joe…
By Joseph Ax (Reuters) – Nine women have filed a lawsuit in Nevada accusing comedian Bill Cosby of sexual assault, the latest in a long series of misconduct allegations against the once-beloved entertainer. The alleged assaults took place between 1979 and 1992 in various locations in Nevada, including in Cosby’s backstage dressing room and his…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Bank of Japan, the most dovish major central bank in the world, announces its latest policy decision on Friday, with markets highly sensitive to signs of when and to what degree it will ditch…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Bank of Japan, the most dovish major central bank in the world, announces its latest policy decision on Friday, with markets highly sensitive to signs of when and to what degree it will ditch…
By Karen Sloan (Reuters) – The experience of two highly selective public U.S. law schools offers a guide for other schools to admitting diverse students should the U.S. Supreme Court ban colleges and universities from considering race as a factor in their admissions decisions, as it is expected to do before the term ends this…
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic acknowledged Thursday more issues with his past financial disclosures, as part of a general release by the regional Fed banks of financial disclosure forms for their leaders covering 2022. Bostic already acknowledged last year what he deemed as inadvertent errors…
By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co Chief Financial Officer Christine McCarthy is stepping down from her position to take family medical leave and will help search for a long-term successor, the company said on Thursday. Kevin Lansberry, currently chief financial officer for Disney’s parks, experiences and products division, will serve…
(Reuters) -Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar with the matter. The layoffs follow thousands of cuts in corporate America as companies wrestle with elevated levels of inflation and rising interest rates. Oracle’s…
By Duncan Miriri and George Obulutsa NAIROBI (Reuters) -Kenya’s finance minister on Thursday said the government will pay all debts when they fall due, and cut the budget deficit for the fiscal year starting next month to 4.4% from an estimated 5.8% in this financial year. In a budget speech that was briefly interrupted by…
By Hyunjoo Jin and Samrhitha A (Reuters) -SK Signet said on Thursday it will introduce electric-vehicle chargers compatible with Tesla’s technology this year, following recent moves by major automakers Ford and GM to adopt Tesla’s North American Charging Standard (NACS). Electric vehicle charging companies are cautiously embracing Tesla’s charging design, as they are in danger…
