By Brendan O’Boyle MEXICO CITY (Reuters) – The Bank of Mexico maintained its benchmark interest rate at 11.25% on Thursday, in line with analysts’ forecasts, underscoring that the inflationary outlook remains “very complex” and suggesting the rate could hold steady for a while. The unanimous decision by the central bank’s five-member board is the third…
By Kanishka Singh WASHINGTON (Reuters) – The number of people who died by suicide in the U.S. hit an estimated record 49,000 in 2022, a 2.6% increase over the prior year, government data showed on Thursday. Over half of all U.S. suicides in 2022 involved firearms, according to the figures from the Centers for Disease…
By Dawn Chmielewski LOS ANGELES (Reuters) – Negotiators for striking Hollywood writers and the major studios will return to the bargaining table on Friday, the Writers Guild of America (WGA) said as the strike marked more than 100 days. The Alliance of Motion Picture and Television Producers, the group representing Walt Disney, Netflix, Warner Bros…
By Arshad Mohammed and Parisa Hafezi WASHINGTON/DUBAI (Reuters) – Iran may free five detained U.S. citizens as part of a deal under which $6 billion in Iranian funds in South Korea would be unfrozen, sources familiar with the matter said on Thursday, and top U.S. diplomat Antony Blinken described a process that he expects will…
By David Shepardson (Reuters) -Air taxi maker Archer Aviation has reached an agreement with Boeing and its Wisk air taxi unit to settle litigation and collaborate on autonomous technology, the companies said on Thursday. Archer’s shares jumped 30% in after-hours trading to $7.60. Separately, Archer said it completed a $215 million equity investment round that…
By Blake Brittain (Reuters) – The California Institute of Technology has reached a “potential settlement” in a high-stakes patent infringement lawsuit against Apple and Broadcom over Wi-Fi chips, according to a Thursday filing in federal court. Caltech previously won a verdict of more than $1.1 billion from Apple and Broadcom in the case that was…
By Joey Roulette WASHINGTON (Reuters) -Amazon.com Inc plans to launch its first pair of prototype internet satellites late next month on a different rocket than previously planned, a spokesman said on Monday, again switching rides for the spacecraft to avoid mounting rocket delays. The company will launch the first two satellites for Amazon’s Kuiper program,…
By Olena Harmash KYIV (Reuters) -Ukraine announced a “humanitarian corridor” in the Black Sea on Thursday to release cargo ships trapped in its ports since the outbreak of war, a new test of Russia’s de facto blockade since Moscow abandoned a deal last month to let Kyiv export grain. At least initially, the corridor would…
By Guy Faulconbridge MOSCOW (Reuters) – In Vladimir Putin’s Russia, the Kremlin even writes the history textbooks. Kremlin aide Vladimir Medinsky has published four history textbooks for 16- to 18-year-old schoolchildren giving a completely revised interpretation of the fall of the Soviet Union, the Putin era and the causes of the Ukraine war. The books,…
By David French (Reuters) – Wall Street’s main indexes finished flat on Thursday, giving up most early gains on milder-than-feared inflation data as investors worried about the U.S. economy’s longer-term prospects and whether stocks had further room to run. Data showed headline and core consumer prices both climbed by 0.2% in July, with the headline…
