By Rachel Nostrant (Reuters) – Florida will no longer accept driver’s licenses issued by some other U.S. states to immigrants living in the country illegally under a law signed by Governor Ron DeSantis as he seeks the 2024 Republican presidential nomination. The Florida law, which took effect on July 1, is “the strongest anti-illegal immigration…
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators said on Thursday they are seeking updated responses and current data for an ongoing probe into 830,000 Tesla vehicles and the automaker’s advanced driver assistance system Autopilot. The National Highway Traffic Safety Administration (NHTSA) sent Tesla a letter on July 3 seeking updates to questions it…
(Reuters) -AbbVie Inc cut its full-year profit forecast on Thursday, citing $280 million in milestone and in-process research and development expenses during the second quarter. The company now expects adjusted profit between $10.57 and $10.97 per share, compared with $10.72 to $11.12 it previously expected. Analysts on average were expecting full-year earnings of $10.97 per…
By Mike Stone WASHINGTON (Reuters) -The United States plans to send cluster munitions to Ukraine to help it battle Russian invaders, U.S. officials said on Thursday, a move opposed by human rights groups but which would provide a powerful new element to Ukraine’s counteroffensive A weapons aid package that includes cluster munitions fired by a…
(Reuters) – Electric-truck maker Nikola on Thursday adjourned its annual shareholder meeting for the second time this year, as it could not muster sufficient votes for a proposal to increase the number of outstanding shares. The Arizona-based company pushed its shareholder meeting thrice last year as it struggled to garner investor approval for a similar…
NEW YORK (Reuters) – Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said. Lending via the central bank’s discount window stood at $3.4 billion on Wednesday from $3.2 billion on June 28, while “other credit” tied to the wind down of failed banks stood at $164.8 billion from…
By James Oliphant and Jason Lange WASHINGTON (Reuters) – Republican presidential candidate Ron DeSantis raised $20 million in the second quarter of the year, his campaign said on Thursday, a sign that the Florida governor’s challenge to former President Donald Trump remains viable despite recent struggles. By comparison, Trump’s main fundraising committee took in about…
By Foo Yun Chee BRUSSELS (Reuters) – Online travel agency Booking Holdings will on Friday try to convince European Union antitrust regulators to allow its 1.63 billion euro ($1.8 billion) acquisition of Sweden’s Etraveli Group, despite concerns it could hurt competition. Booking announced its bid for peer Etraveli, owner of the brands Gotogate and Mytrip…
By David Shepardson WASHINGTON (Reuters) -California state air regulators and truck and engine manufacturers said on Thursday they had reached an agreement on state emissions rules that will give companies more flexibility to meet requirements. The California Air Resources Board (CARB) said the “Clean Truck Partnership” with the Truck and Engine Manufacturers Association (EMA) includes…
By David Shepardson WASHINGTON (Reuters) – A U.S. government watchdog will review Federal Aviation Administration (FAA) efforts to prevent airport runway incursions after a series of incidents where airplanes came dangerously close to each other. The U.S. Transportation Department Office of Inspector General (OIG) said it was opening its audit to assess FAA processes for…
