(Reuters) – U.S. House Speaker Kevin McCarthy, the chamber’s top Republican, said on Thursday that the indictment of Donald Trump was a “dark day” for the United States and that he stood with the former President. “House Republicans will hold this brazen weaponization of power accountable,” he wrote on Twitter. (Reporting by Costas Pitas in…
By Sarah N. Lynch (Reuters) -Donald Trump has been indicted by a federal grand jury for retaining classified government documents and obstruction of justice, according to a lawyer for the former U.S. president and another source familiar with the matter. The criminal case, brought by the U.S. Department of Justice, amounts to another legal setback…
By Matt Spetalnick and Dave Sherwood WASHINGTON/HAVANA (Reuters) -China has reached a secret deal with Cuba to establish an electronic eavesdropping facility on the island roughly 100 miles (160 km) from Florida, the Wall Street Journal said on Thursday, but the U.S. and Cuban governments cast strong doubt on the report. Such a spy installation…
By Arriana McLymore and Deborah Mary Sophia (Reuters) -Amazon.com said on Thursday that it was cutting delivery routes short for drivers in places affected by poor air quality, while Target also said its contactless order pickup service may not operate in the most affected areas. Hundreds of forest fires are burning across much of Canada…
BEIJING (Reuters) – China’s factory gate prices fell faster than expected in May, as faltering demand weighed on manufacturing, impeding the fragile economic recovery, and consumer inflation missed expectations, data showed on Friday. The producer price index (PPI) for May fell for an eighth consecutive month, down 4.6%, the National Bureau of Statistics (NBS) said….
SYDNEY (Reuters) – Commonwealth Bank of Australia, the country’s biggest lender, on Friday put the odds of a recession in Australia this year at 50%, as the impact from the hefty monetary tightening continues to squeeze households. Gareth Aird, head of Australian economics, forecasts economic growth to be 0.7% in the fourth quarter this year,…
(Reuters) – A federal court on Thursday rejected former Justice Department attorney Jeffrey Clark’s request to intervene in a legal disciplinary case pending against him over his efforts to help former President Donald Trump overturn his 2020 election loss. Clark had tried to stop an entity of the District of Columbia bar association from pursuing…
By David Shepardson WASHINGTON (Reuters) -The Biden administration has submitted draft legislation to Congress that would mandate airlines pay cash compensation for delays of three hours or more when carriers are responsible. The proposal sent earlier this week and seen by Reuters would require “cash compensation in an amount commensurate with the inconvenience experienced” when…
MEXICO CITY (Reuters) -Japanese carmaker Toyota will invest $328 million more in a plant in the central Mexican state of Guanajuato, it said on Thursday, as it looks to adapt its production processes for a new hybrid model of its Tacoma pickup truck. “The new version of the ‘Mexican pickup’ will be hybrid electric, which…
MEXICO CITY (Reuters) -Japanese carmaker Toyota will invest $328 million more in a plant in the central Mexican state of Guanajuato, it said on Thursday, as it looks to adapt its production processes for a new hybrid model of its Tacoma pickup truck. “The new version of the ‘Mexican pickup’ will be hybrid electric, which…
