ANKARA/WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken encouraged Ankara to support Sweden in its bid to join NATO in a meeting with new Turkish Foreign Minister Hakan Fidan on Wednesday, a State Department spokesperson said. Turkey has objected to Sweden’s bid to join the Western military alliance, citing security concerns, but members of the…
(Reuters) -Activist investor Elliott Investment Management is increasing pressure on NRG Energy and seeking to oust its CEO Mauricio Gutierrez, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Elliott is in talks with potential candidates to replace the U.S. power company’s CEO as well as other top executives, the report…
KYIV (Reuters) -President Volodymyr Zelenskiy was quoted on Wednesday as saying progress in Ukraine’s counteroffensive against Russian forces was “slower than desired”, but Kyiv would not be pressured into speeding it up. “Some people believe this is a Hollywood movie and expect results now. It’s not,” Britain’s BBC quoted him as saying in an interview….
By David Shepardson WASHINGTON (Reuters) -A group of 17 Democratic U.S. lawmakers on Wednesday urged the Federal Trade Commission to finalize new consumer protections for car buyers despite objections from auto dealers who argue the rules would actually raise the cost of buying a car. The FTC in June 2022 proposed banning fees and bait-and-switch…
By David Shepardson WASHINGTON (Reuters) – A U.S. Senate panel on Wednesday invited PGA Tour Commissioner Jay Monahan, Saudi Arabia’s Public Investment Fund Governor Yasir Al-Rumayyan and LIV Golf CEO Greg Norman to testify at a July 11 hearing. Democratic U.S. Senator Richard Blumenthal, who chairs the Permanent Subcommittee on Investigations, and the panel’s top…
(Reuters) – Activist investor Elliott Investment Management is increasing pressure on NRG Energy and seeking to oust its CEO Mauricio Gutierrez, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Elliott is in talks with potential candidates to replace the U.S. power company’s CEO as well as other top executives, the…
By Kanishka Singh WASHINGTON (Reuters) – The Group of Seven countries affirmed their unity and stressed the need for close coordination in dealing with China, the U.S. State Department said on Wednesday after Secretary of State Antony Blinken met with G7 representatives in London. “The G7 noted the importance of close coordination on the PRC…
By Gram Slattery WASHINGTON (Reuters) – The U.S. House of Representatives approved a Republican effort on Wednesday to censure Representative Adam Schiff, a rare move intended to punish the Democrat for his leading role in investigating the conduct of Donald Trump when he was president. The measure’s sponsor, far-right Republican Representative Anna Paulina Luna, argued…
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Wednesday as Federal Reserve Chairman Jerome Powell’s congressional testimony reinforced the central bank’s objective to rein in inflation as he hinted at the likelihood of further interest rate hikes. All three major U.S. stock indexes notched their third straight daily declines, with megacap…
By Gustavo Palencia TEGUCIGALPA (Reuters) – On Sunday, in their final telephone conversation, Paola Yamileth told her cousin she feared for her life: “I feel death here and I am afraid they are going to kill me.” Two days after that call, Paola, 26, and her mother, Belinda, 46, were among the at least 46…
