By Brendan Pierson (Reuters) – A mandate that U.S. health insurers cover preventive care like cancer screenings and HIV-preventing medication at no extra cost to patients could remain in place while the Biden administration appeals a court order striking it down, following a tentative agreement announced on Friday. The agreement between the administration and conservative…
By Andrew MacAskill and Andy Bruce LONDON (Reuters) -Former British Prime Minister Boris Johnson abruptly quit as a member of parliament on Friday in a furious protest against lawmakers investigating his behaviour, reopening deep divisions in the ruling Conservative Party ahead of a general election expected next year. Johnson had been under investigation by a…
By Richard Cowan WASHINGTON (Reuters) -Republicans in the U.S. House of Representatives on Friday unveiled a series of new tax breaks aimed at businesses and families while proposing to reverse some of President Joe Biden’s legislative victories, including credits to spur the sale of clean-burning electric vehicles. Three related bills were introduced on Friday with…
By Karen Freifeld (Reuters) -The U.S. on Friday banned imports from China-based printer maker Ninestar Corp and a Chinese chemical company over alleged human rights abuses. Ninestar, whose website says it is the world’s fourth-largest laser printer manufacturer, and Xingjang Zhongtai Chemical, are being kept out of the U.S. supply chain for participating in business…
By David Shepardson and Lisa Baertlein (Reuters) -The largest U.S. business group on Friday urged President Joe Biden him to intervene immediately and appoint an independent mediator to address a protracted West Coast ports labor dispute. West Coast ports stretching from California to Washington state are critical to U.S. supply chains and the nation’s economy….
By Raphael Satter WASHINGTON (Reuters) -The United States has charged two Russian nationals in the hack of collapsed cryptocurrency exchange Mt. Gox, one of the world’s earliest, biggest and most widely publicized alleged bitcoin heists. The department in a statement said Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, were charged with conspiring to launder approximately…
By Dietrich Knauth NEW YORK (Reuters) – Georgia-based slot machine operator Lucky Bucks filed for bankruptcy Friday, saying that it had reached a deal to cut $500 million in debt and turn over the company’s equity to its lenders. Lucky Bucks suffered from increasing interest rates on its debt, an inflationary environment that reduced consumers’…
By Naomi Rovnick and Koh Gui Qing NEW YORK/LONDON (Reuters) -U.S. shares struck new highs for the year on Friday and helped lift world stocks to a 13-month peak, as rising bets that the Federal Reserve will skip a rate hike next week overshadowed worries about U.S. markets being drained of cash. Helped by a…
By Kylie Madry and David Shepardson MEXICO CITY/WASHINGTON (Reuters) -The U.S. and Mexico still have “differences” of opinion regarding Mexico’s recovery of a coveted air safety rating, Mexico’s president said on Thursday. The U.S. Federal Aviation Administration (FAA) downgraded Mexico to the Category 2 air safety rating more than two years ago, citing safety concerns….
By Aditya Soni and Hyunjoo Jin (Reuters) -Tesla shares closed 4% higher on Friday after General Motors joined Ford in agreeing to use its electric-vehicle charging network, a big win that analysts said could make Tesla Superchargers an industry standard in the United States. The rare partnership among three of the biggest U.S. automakers ensures…
