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…
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Undersecretary Jay Shambaugh met on Friday with China’s new ambassador to the United States, Xie Feng, holding a discussion aimed at maintaining open communications between the world’s two largest economies, the Treasury said. “The meeting was candid, constructive, and part of ongoing efforts to maintain open lines…
By Herbert Lash and Shreyashi Sanyal (Reuters) -U.S. stocks closed higher on Friday after a labor market report showing moderating wage growth in May indicated the Federal Reserve may skip a rate hike in two weeks, while investors welcomed a Washington deal that avoided a catastrophic debt default. The tech-heavy Nasdaq index surged to a…
By Herbert Lash and Shreyashi Sanyal (Reuters) -U.S. stocks closed higher on Friday after a labor market report showing moderating wage growth in May indicated the Federal Reserve may skip a rate hike in two weeks, while investors welcomed a Washington deal that avoided a catastrophic debt default. The tech-heavy Nasdaq index surged to a…
(Reuters) – Churchill Downs on Friday said it would suspend racing as it conducts a “top-to-bottom” safety review following the death of 12 horses at the famed Kentucky track in the past month. Racing will be halted from June 7 through the remainder of the Spring Meet, which concludes on July 3. This weekend’s races…
