By David Shepardson WASHINGTON (Reuters) -The United Auto Workers union on Friday called on the Biden administration to soften its proposed vehicle emissions cuts that would require 67% of new vehicles to be electric by 2032. The UAW, which represents workers at General Motors, Ford Motor and Chrysler parent Stellantis, said the Environmental Protection Agency’s…
By David Carnevali and Mike Stone NEW YORK (Reuters) – Private equity firms Blackstone Inc and Veritas Capital Fund Management LLC are competing against large defense companies to acquire the aerospace business of Ball Corp, according to people familiar with the matter. Defense firms BAE Systems, General Dynamics Corp and Textron Inc have also expressed…
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court, which last year expanded gun rights in a landmark ruling, is set to return to the issue in a major case testing whether a law that keeps firearms away from people under domestic-violence restraining orders violates the Constitution. It is one of the biggest cases…
By Andrew Goudsward and Mike Scarcella (Reuters) – Rudy Giuliani’s law license should be revoked over his work on a failed lawsuit challenging the 2020 election results on behalf of then-U.S. President Donald Trump, a District of Columbia attorney ethics committee recommended on Friday. The committee of the D.C. Board on Professional Responsibility found that…
WASHINGTON (Reuters) – U.S. President Joe Biden’s national security adviser said on Friday there was no clear answer on how to return Evan Gershkovich, the Wall Street Journal reporter detained by Russia, to the United States. “I do not want to give false hope,” said the Biden aide, Jake Sullivan, in a briefing with reporters….
WASHINGTON (Reuters) – Wall Street’s top regulator is due to vote next week on proposed changes aimed at helping control systemic risk in the money market and large liquidity fund sectors, which together comprise trillions in investor dollars. The five-member U.S. Securities and Exchange Commission will vote on a 2021 proposal to boost the resiliency…
By Yuvraj Malik (Reuters) – Researchers at India’s AI4Bharat are raising $12 million from venture capital firms Peak XV and Lightspeed Venture for an artificial intelligence startup, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI’s ChatGPT dazzled users with its ability…
By David Shepardson WASHINGTON (Reuters) – The United States Postal Service (USPS) is hiking the price of first-class mail stamps to 66 cents from 63 cents effective Sunday. This is the latest in a series of price increases to help offset inflationary pressures and declining first-class mail volumes. USPS in January boosted stamp prices to…
By Guy Faulconbridge OSIPOVICHI, Belarus (Reuters) – A Belarusian town with a turbulent past may hold some haunting new secrets: an empty camp that mutinous Russian mercenaries have yet to use and perhaps even a storage facility for tactical nuclear weapons Russia says it has deployed in Belarus. In a former military camp surrounded by…
LONDON (Reuters) – Weight-loss drug Wegovy helped Rebecca Vogt achieve a major goal – shedding the weight she had not managed to drop since giving birth. But, after a particularly brutal day in the bathroom suffering from vomiting and diarrhoea, she called it quits. “The nausea is just so awful with this medication,” said Vogt,…
