By Jack Queen MIAMI (Reuters) – Donald Trump aide Walt Nauta pleaded not guilty at a Miami federal courthouse on Thursday to charges he helped the former U.S. president hide top secret documents that Trump took when he left the White House in 2021. Attorney Stanley Woodward entered the plea for Nauta at an arraignment…
(Reuters) -U.S. President Joe Biden’s administration on Friday is expected to propose a new regulation cracking down on short-term health insurance plans, Politico reported, citing five Democrats with knowledge of the matter. Biden is due to deliver an announcement on healthcare cost savings on Friday. A White House official told Politico on Thursday that Biden…
By Manya Saini (Reuters) -U.S. bank stocks fell and a key regional index hit a near two-week low on Thursday amid lingering worries about the health of the lenders in the aftermath of the crisis in regional banks and ahead of second-quarter results that start next week. The KBW Regional Banking Index, which hit its…
By David Shepardson WASHINGTON (Reuters) -The U.S. Senate Commerce Committee plans to vote next week on President Joe Biden’s nominee for a key fifth seat on the U.S. Federal Communications Commission (FCC). Democrats have been stymied since 2021 from gaining a majority on the five-member telecommunications regulator. Anna Gomez, a Democratic telecommunications attorney, currently serves…
By Foo Yun Chee BRUSSELS (Reuters) -Amazon’s $1.7 billion acquisition of robot vacuum cleaner maker iRobot may reduce competition and strengthen Amazon’s position as online marketplace provider, EU antitrust regulators warned on Thursday. The European Commission opened a full-scale investigation and will decide by November 15 whether to clear or block the deal. “We continue…
ZURICH (Reuters) -UBS’s flagship global wealth management business on Thursday announced a raft of management changes triggered by the Swiss bank’s takeover of Credit Suisse. Several former Credit Suisse managers have got jobs in the changes which affect roughly 180 executives and mainly take effect from July 17. Former Credit Suisse executive Michael Marr will…
By David Milliken and Andy Bruce LONDON (Reuters) -British house building fell in June at the sharpest pace in more than 14 years, apart from two months early in the COVID-19 pandemic, as higher borrowing costs dampened demand and weighed on the broader construction sector, a survey showed on Thursday. The S&P Global/CIPS construction Purchasing…
By Milounee Purohit BENGALURU (Reuters) – The Bank of Canada will raise interest rates by a quarter-point for a second straight meeting to 5.00% on July 12 following a five-month pause earlier this year and then hold well into 2024, according to a majority of economists polled by Reuters. While that is the new expected…
OTTAWA (Reuters) – U.S. and Canadian authorities issued a joint advisory on Thursday warning about a widespread increase in the use of a type of malware called Truebot to target organizations in the two countries. “Cyber threat actors are using new variants of Truebot malware to exfiltrate large amounts of sensitive information for financial gain,”…
LONDON (Reuters) -Iran’s Revolutionary Guards “forcibly seized” a commercial ship in international waters in the Gulf on Thursday and the vessel was possibly involved in smuggling, a U.S. Navy spokesperson said. The U.S. Navy had monitored the situation and decided not to make any further response, U.S. 5th Fleet spokesperson Commander Tim Hawkins said. British…
