By Nandita Bose SALT LAKE CITY (Reuters) -President Joe Biden on Thursday expanded federal aid to Hawaii and promised help to its suffering citizens as deadly wildfires engulfed the island of Maui, and he expressed condolences for the devastation in a call with the state’s governor. Biden approved a disaster declaration for Hawaii aimed at…
(Reuters) – Ecuador was reeling on Thursday from the slaying of presidential candidate Fernando Villavicencio the night before, less than two weeks before elections were to take place. The killing of Villavicencio, a vocal critic of corruption and drug crime that have beset Ecuador, underlines a deteriorating security situation in much of South America. A…
By Nandita Bose SALT LAKE CITY (Reuters) – President Joe Biden visited a U.S. veterans’ medical center in Utah on Thursday to mark the one-year anniversary of the signing of legislation that provides aid to veterans sickened by gases from military toxic burn pits. Biden is at the end of a three-state swing through the…
By Jonathan Stempel NEW YORK (Reuters) – Digital Currency Group on Thursday urged a U.S. judge to dismiss a lawsuit claiming it defrauded customers of Gemini Trust, which was founded by billionaire twins Tyler and Cameron Winklevoss, into lending money to its now-bankrupt Genesis Global Capital unit. In a filing in federal court in Manhattan,…
(Reuters) -Amazon.com is shelving several private clothing brands, a source familiar with the matter said on Thursday, as the e-commerce giant tries to cut costs and address antitrust scrutiny. The move was first reported by the Wall Street Journal, which said the company has decided to eliminate 27 of its 30 in house-label clothing brands,…
By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel to propel further gains this year, investors said. Data released on Thursday showed annual inflation, which had been running at 40-year highs a year ago, rose at a more moderate pace than expected in July,…
By Isla Binnie and Andres Gonzalez NEW YORK (Reuters) – Two of Canada’s biggest pension funds are exploring options including a sale of Cubico Sustainable Investments that could value the renewable energy firm at about $6 billion or more, including debt, according to people familiar with the matter. Montreal-based Public Sector Pension (PSP) Investment…
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators said Thursday they are opening a special crash investigation into a fatal accident in Virginia involving a Tesla Model Y suspected of relying on advanced driver assistance systems and striking a heavy truck. The National Highway Traffic Safety Administration (NHTSA) is probing a July 19 fatal…
By Patricia Zengerle WASHINGTON (Reuters) – A group of Democratic U.S. House of Representatives members urged President Joe Biden’s administration on Thursday to withhold some military aid to Egypt over human rights concerns. They join a chorus of lawmakers urging such action ahead of a Sept. 30 deadline. The administration is expected to announce its…
By Khushi Mandowara (Reuters) -Nearly a third of U.S. hospital pharmacists say they were forced to ration, delay or cancel treatments as drug shortages in the United States approach an all-time high, according to a survey released on Thursday. The shortages are especially critical for chemotherapy drugs used in cancer treatment regimens, with more than…
