US debt ceiling deal strands $16 billion of defense side-projects
By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) – A $16 billion list of lower-priority defense items like tanks, helicopter…
Economy
Indian PM Modi invited to address joint meeting of US Congress on June 22
By Patricia Zengerle WASHINGTON (Reuters) -U.S. congressional leaders on Friday invited Indian Prime Minister Narendra Modi to address a joint…
UBS CEO warns of painful jobs decisions after Credit Suisse takeover
By John Revill BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following…
Renault customers to lodge criminal complaint in France over faulty engines
PARIS (Reuters) – Renault could face prosecution in France over faulty engines as a group of customers plans to lodge…
Crypto insurer Evertas authorized to offer largest single crypto insurance policy
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage…
Biden lauds U.S. job growth, says debt ceiling bill to also boost economy
WASHINGTON (Reuters) – U.S. President Joe Biden said the bipartisan debt ceiling bill is expected to further boost the nation’s…
Netflix shareholders withhold support for executive pay package
By Dawn Chmielewski (Reuters) – Netflix Inc shareholders on Thursday withheld their support for the company’s executive pay package, in…
American Airlines aviators reject merger with world’s largest pilots’ union
(Reuters) – American Airlines Group’s pilot leaders have rejected efforts to join the Air Line Pilots Association (ALPA), union spokesman…
Fed rate-hike pause still likely despite strong data
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials, whose hike, skip or pause messaging on interest rates has become…
Novartis drug cuts recurrence risk by 25% in early-stage breast cancer
By Ludwig Burger FRANKFURT (Reuters) – Novartis breast cancer drug Kisqali cut the risk of recurrence by more than 25%…