(Reuters) – Viasat said on Wednesday there was an anomaly during the deployment of its ViaSat-3 Americas satellite in space which may affect the performance of the satellite, sending the company’s shares down 20% after the bell. An unexpected event occurred during reflector deployment, the company said, adding that it had started a review. The…
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday finalized rules aimed at increasing the resilience of the $5.5 trillion money market fund industry, but scrapped a proposed new pricing model that had been strongly opposed by asset managers. The SEC’s decision not to impose “swing pricing” represents a…
CARACAS (Reuters) – Candidates vying to carry the banner of Venezuela’s opposition in presidential elections next year agreed at a debate on Wednesday that they must present a united front against the ruling party and work to boost the economy by attracting private investment. The debate, the first between opposition hopefuls since 2011, was held…
By Rachel Nostrant (Reuters) – A Florida judge ruled on Wednesday that she will allow a re-enactment of the 2018 school shooting at Marjory Stoneman Douglas High School in Parkland, Florida, to be filmed as part of the civil suit against resource officer Scot Peterson for allegedly failing to protect students. The ruling means that…
By Herbert Lash NEW YORK (Reuters) – The end of the pandemic has brought little relief to Manhattan’s depressed market for workspace, where empty floors remain the norm and by one calculation the values of 45% of the city’s office buildings are below their last sale price. The amount of space leased in the second…
(Reuters) – Three UN agencies on Wednesday warned that an ongoing rise in avian flu outbreaks globally raised concerns that the virus might adapt to infect humans more easily, and urged countries to strengthen disease surveillance and improve hygiene at poultry farms. Earlier this year, a new H5N1 strain of bird flu that is highly…
By Mark Trevelyan (Reuters) -Russian foreign intelligence chief Sergei Naryshkin said on Wednesday that he and CIA counterpart William Burns had discussed “what to do with Ukraine” in a phone call late last month, Russia’s TASS news agency said. The New York Times and Wall Street Journal reported on June 30 that Burns had called…
SEOUL (Reuters) – South Korea’s import prices fell in annual terms for a fifth month in June and marked the steepest drop in more than eight years, central bank data showed on Thursday, an indication of easing inflationary pressure. The import price index was 15.7% lower than the same month the year before, after a…
By Jody Godoy (Reuters) – A U.S. judge on Wednesday approved Allianz’s $6 billion settlement over the 2020 collapse of a group of investment funds, ending a scandal that took down one of the German company’s U.S. subsidiaries. Allianz settled with U.S. authorities in May 2022 over allegations that its U.S. unit defrauded investors in…
By Kanishka Singh WASHINGTON (Reuters) – The U.S. Environmental Protection Agency (EPA) on Wednesday proposed stricter regulations for lead exposure in residential buildings and childcare facilities. Any amount of lead found in a building will be regarded as hazardous, according to the proposed rule from the EPA that would lower its lead dust hazard level…
