By Sheila Dang (Reuters) – Twitter’s head of brand safety and ad quality, A.J. Brown, has decided to leave the company, according to a source familiar with the matter on Friday, the second safety leader to depart in a matter of days. The latest departure adds to a growing challenge for new Twitter CEO Linda…
By Michael Martina and Trevor Hunnicutt WASHINGTON (Reuters) -CIA director William Burns visited China last month for talks with Chinese counterparts, two U.S. officials said on Friday as Washington seeks to boost communications with Beijing. “Last month, Director Burns traveled to Beijing where he met with Chinese counterparts and emphasized the importance of maintaining open…
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose over 2% on Friday after the U.S. Congress passed a debt ceiling deal that averted a government default in the world’s biggest oil consumer and jobs data fueled hopes for a possible pause in Federal Reserve interest rate hikes. The focus is now turning to a…
By Cassandra Garrison MEXICO CITY (Reuters) -The U.S. is escalating its conflict with Mexico over agriculture biotech measures, including the stance on genetically modified (GM) corn, by requesting dispute settlement consultations, senior officials of the U.S. Trade Representative’s office said on Friday. The North American neighbors are inching closer to a full-blown trade dispute under…
By Jonathan Landay, Arshad Mohammed and Humeyra Pamuk WASHINGTON (Reuters) – With two high-level visits in less than a month, the United States is hoping to steady ties with Saudi Arabia after several years of disagreement and deepening mistrust. U.S. Secretary of State Antony Blinken will arrive for meetings with officials of the world’s largest…
By Howard Schneider WASHINGTON (Reuters) – The gain of 339,000 U.S. payroll jobs in May was a blockbuster number, nearly double what was normal before the pandemic and seeming confirmation that key parts of the economy motor along despite aggressive Federal Reserve interest rate increases. But details beneath the headline number may, if sustained, point…
(Reuters) – Russian mercenary boss Yevgeny Prigozhin, who has been arguing with top military brass for months, on Friday escalated the feud by accusing pro-Moscow forces of trying to blow up his men. Prigozhin’s Wagner Group troops have largely pulled back from the eastern Ukrainian town of Bakhmut, most of which they captured last month…
CHICAGO (Reuters) – Tyson Foods Inc will terminate about 262 employees in South Dakota who chose not to relocate to its headquarters in Arkansas, showing widespread resistance to the move, the company confirmed on Friday. The layoffs remove some key executives at a time the U.S. meatpacker is seeking to cut costs in the face…
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc CEO Jane Fraser said scrapping the sale of its Mexican retail business, known as Banamex, and pursuing an initial public offering (IPO) was in the best interest of shareholders. “We acted decisively, we acted very swiftly and we said ‘okay, we’re gonna go…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in May, but a surge in the unemployment rate to a seven-month high of 3.7% suggested that labor market conditions were easing, which could give the Federal Reserve cover to skip an interest rate hike this month. The increase in the unemployment rate from a…
