By Tom Polansek CHICAGO (Reuters) – Hundreds of cattle died in Iowa from extreme heat and humidity in late July, the state and livestock producers said, as the world recorded its hottest month ever. The deaths show the toll of severe weather on farm animals and food production. The losses further trim the U.S. cattle…
By Noel Randewich (Reuters) – S&P 500 companies have been reporting upbeat bottom lines for the June quarter, but not such impressive increases in their revenue. With second-quarter reporting season nearly complete, 79% of companies have posted earnings that beat analysts’ expectations, according to fresh data from Refinitiv I/B/E/S. In a typical U.S. earnings season,…
A look at the day ahead in U.S. and global markets by Samuel Indyk The second week of August looks set to begin on a slightly brighter note than the first, with U.S. futures signaling a higher open after Wall Street posted its biggest weekly drop since March’s banking turmoil as back-end yields jumped. Reverberations…
(Reuters) – Record flooding struck Alaska’s capital city on Saturday after a glacial dam outburst, destroying at least one structure and prompting city officials to issue evacuation orders for residents on one street. The National Weather Service (NWS) received reports of large trees collapsing into the Mendenhall River near Juneau on Saturday night as water…
By Susan Heavey and Kanishka Singh WASHINGTON (Reuters) – Donald Trump on Sunday targeted the federal judge assigned to the case charging him with seeking to overturn the 2020 presidential election, as his lawyer argued that actions Trump took after his loss were just “asks.” Trump, in a social media post,” said: “THERE IS NO…
By Joseph Ax (Reuters) -U.S. prosecutors flagged a threatening social media post from Donald Trump in a late-night court filing on Friday, arguing that it suggests he might intimidate witnesses by improperly disclosing confidential evidence received from the government. On his Truth Social site on Friday, the former president wrote, “IF YOU GO AFTER ME,…
DUBAI (Reuters) – Saudi Aramco’s CEO Amin Nasser said on Monday that the company’s supplies to customers remain adequate even with recent voluntary oil production cuts by the kingdom, adding that global demand remained resilient despite economic headwinds. Saudi Arabia last week decided to extend a voluntary oil output cut of one million barrels per…
By Tim Reid and Kanishka Singh WASHINGTON (Reuters) -Former Republican Vice President Mike Pence on Sunday did not rule out being a prosecution witness if his ex-boss Donald Trump goes to trial on charges of orchestrating a criminal conspiracy to try to reverse his defeat in the 2020 presidential election. Asked on Sunday on CBS’s…
By Jake Spring SAO PAULO (Reuters) – Eight Amazon rainforest nations are expected to face divisions over proposals to block new oil drilling and end deforestation when they meet on Tuesday for their first summit in 14 years. The meeting of the Amazon Cooperation Treaty Organization (ACTO) gathers heads of state from Bolivia, Brazil, Colombia,…
BERLIN (Reuters) -Germany’s federal network regulator has rejected a request by postal service operator Deutsche Post to raise the price of a postage stamp to cover rising costs, the agency said on Monday. “We recognise the challenging environment in the letter and parcel business, but according to the data presented, letter prices are sufficient to…
