By Denis Balibouse BITSCH, Switzerland (Reuters) -Swiss firefighters on Tuesday were battling a forest fire that has forced more than 200 people to evacuate, and authorities warned winds were making the blaze difficult to contain. The fire broke out on Monday on the forested flank of a mountain in Bitsch in the Valais canton near…
WASHINGTON (Reuters) – A U.S. soldier facing disciplinary action crossed into North Korea on Tuesday and was believed to be in North Korean custody, U.S. officials said, creating a fresh headache for Washington in its dealings with the nuclear-armed state. Here are some other Americans held in the past by North Korea. Most were sentenced…
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Alani Nu, the energy drinks and snack maker founded by personal trainer and social media influencer Katy Hearn, is exploring options that include a full or partial sale of the company at a valuation of more than $3 billion, according to four people familiar with…
By David Shepardson WASHINGTON (Reuters) – Southwest Airlines said on Tuesday it will support legislation to add seven new round trip flights a day at Ronald Reagan Washington National Airport, an issue that has been fiercely contested by major U.S. airlines. American Airlines, United Airlines and Alaska Airlines have strongly opposed adding flights to airport…
NEW YORK (Reuters) – Credit Suisse increased its year-end target on the S&P 500 to 4,700 from 4,050, citing a decline in the near-term U.S. recession risk and a stronger earnings outlook for the largest technology-related companies, according to a research note on Tuesday from Jonathan Golub, chief U.S. equity strategist & head of quantitative…
JERUSALEM (Reuters) – U.S. President Joe Biden has invited Prime Minister Benjamin Netanyahu to meet at the White House in September, Israel’s national security adviser, Tzachi Hanegbi, said on Tuesday, though the White House has yet to confirm the details. Hanegbi told N12 News that in their phone call on Monday, “The president of the…
By Rachel Nostrant (Reuters) – The U.S. Powerball jackpot has reached a whopping $1 billion for only the third time in the game’s history after another Monday night drawing produced no winning ticket. The Monday drawing was the 38th in a row without someone winning the top prize, which increases every time the jackpot goes…
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan must continue its monetary tightening cycle, the International Monetary Fund (IMF) said in a staff report on Tuesday, a week after the lender approved a new bailout arrangement and less than two weeks before the country’s central bank holds its next policy meeting. “The recent policy rate…
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate dropped more than expected to a 27-month low of 2.8% in June led by lower energy prices, data showed on Tuesday, though food and shelter cost increases persisted despite 10 interest rate hikes in less than 18 months. Analysts polled by Reuters had…
By Katie Paul NEW YORK (Reuters) -Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to pricey proprietary models sold by OpenAI and Google. The new version of the model, called Llama 2, will be distributed by…
