By Karen Freifeld and Luc Cohen (Reuters) -A U.S. judge on Wednesday denied Donald Trump’s bid to move from New York state court to federal court the criminal case against the former U.S. president stemming from a hush money payment to a porn star. Trump was indicted in April in state court in Manhattan on…
By Rajesh Kumar Singh CHICAGO (Reuters) -American Airlines and its pilot union have begun negotiations to improve their tentative contract agreement on Tuesday ahead of a crucial vote on the contract, according to a union memo seen by Reuters. The Texas-based carrier’s pilots are due to start voting Monday on a new four-year deal that…
By Rodrigo Campos NEW YORK (Reuters) -Investors in El Salvador international bonds are relishing 60% returns this year alone as debt issued by the Central American country recovers from calls of doom and default, with some betting the rally is not quite over yet. Rising tensions between Washington and President Nayib Bukele’s government, dwindling prospects…
By Chibuike Oguh (Reuters) -The shares of Northern Trust jumped by more than 14% on Wednesday after the asset and wealth manager reported a smaller-than-expected drop in second quarter net interest income underpinned by higher interest rates and slower deposit losses. Investors had been worried about the trajectory of Northern Trust’s net interest income (NII)…
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar bounced on Wednesday after inflation in the United Kingdom cooled more than economists expected in June, sending the pound sharply lower against other major currencies. Britain’s rate of inflation was its slowest in over a year at 7.9%, according to data that will ease some…
(Reuters) – Netflix has removed its basic plan in the U.S. and UK in which users could watch shows and movies without commercials, as the company tries to draw more subscribers to its ad-supported tier. The company said on its website the $9.99-a-month basic plan would no longer be available for new or rejoining members….
By Brad Brooks (Reuters) – A New Mexico state judge denied a prosecutor’s request on Wednesday that the armorer for the movie “Rust” submit to random drug testing. During Hannah Gutierrez-Reed’s court appearance on the felonies she faces, First Judicial District Court Judge Mary Marlowe Sommer said prosecutors had not presented any evidence that would…
By Sarah N. Lynch and Richard Cowan WASHINGTON (Reuters) – The U.S. federal public defenders system could need to cut as many as 500 from its staff charged with protecting the rights of poor criminal defendants, because of a budgeting error by Congress that could leave it with a 3% to 5% shortfall, officials said….
By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged lower on Wednesday, as investors took profits following earlier gains on tighter U.S. crude supplies and China’s pledge to reinvigorate its economic growth. Brent futures dipped 17 cents at $79.46 a barrel, while U.S. West Texas Intermediate (WTI) crude dropped 40 cents at $75.35 a barrel. Prices…
(Reuters) -Juul Labs said on Wednesday it was seeking U.S. authorization for a new e-cigarette that has age-verification capabilities and prevents the use of unauthorized refill cartridges.The vaporizer, which has a unique Pod ID chip to prevent the use of counterfeit cartridges and an app to restrict underage access, is already on sale in Britain…
