(Reuters) -Tesla Inc has resumed taking orders for its Model 3 long-range vehicle in the United States, the company’s website showed late on Tuesday, after a temporary halt last year due to delivery backlogs. The long-range version of the entry-level Model 3 is priced at $47,240 currently, about 18.5% less than the $57,990 it was…
By David Lawder WASHINGTON (Reuters) – Democratic U.S. lawmakers on Wednesday urged the U.S. Trade Representative and State Department to eliminate investor-state dispute settlement provisions from current and future trade deals and to intervene on behalf of Honduras against a U.S. company’s nearly $11 billion claim against the country. In a letter to Secretary of…
(Reuters) – A court in Utah has stopped the state’s Republican-dominated government from enforcing a new law that would effectively end abortions by making it impossible to get a license for a clinic where they are performed. Judge Andrew H. Stone of the Third District Court of the state of Utah ruled on Tuesday that…
By Sharon Bernstein (Reuters) – Republican lawmakers in North Carolina said on Tuesday they had reached agreement on a plan to limit most abortions to the first trimester of pregnancy, a sharp drop from the state’s current limit of 20 weeks gestation. If passed, the proposed legislation would reverberate beyond North Carolina, limiting options for…
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The World Bank’s 25-member executive board on Wednesday is poised to elect ex-Mastercard CEO Ajay Banga as the bank’s next president, ushering in an Indian-born finance and development expert charged with revamping the lender to tackle climate change and other global crises. Banga, 63, was nominated…
By Sarah N. Lynch WASHINGTON (Reuters) -A former FBI agent has been arrested for his alleged role in the Jan. 6, 2021, attack on the U.S. Capitol and charged with four misdemeanor counts, including unlawfully entering a restricted building and disorderly conduct, according to court filings. Jared Wise, 51, who served as an FBI agent…
(Reuters) – Short sellers have pocketed $1.2 billion in paper profits betting against U.S. regional lenders in the first two days of May, analytics firm Ortex said, as the third major regional bank failure in two months sparked a selloff in the sector. U.S. regulators seized First Republic Bank and sold most of its assets…
By Deborah Mary Sophia (Reuters) -Yum Brands Inc missed Wall Street estimates for first-quarter profit on Wednesday, as the Taco Bell parent doubled down on promotions to attract inflation-wary consumers while also facing lingering commodities and labor cost pressures. Shares of the KFC and Pizza Hut owner tumbled more than 4% after the company also…
By Muvija M LONDON (Reuters) – More than 11,000 police officers will patrol London’s streets for King Charles’ coronation on Saturday, the biggest ceremonial event staged in the British capital for 70 years, and they are well prepared to handle any incident, officials said on Wednesday. Security forces have spent months preparing for the event,…
By David Shepardson WASHINGTON (Reuters) -U.S. Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor Co’s plan to partner with PT Vale Indonesia and China’s Zhejiang Huayou Cobalt in a $4.5 billion nickel processing plant in Indonesia. Rubio, who is the top Republican on the Senate Intelligence Committee, said the venture…
