By Sarita Chaganti Singh NEW DELHI (Reuters) – India, backed by China, is trying to build a consensus within the G20 group to let countries choose a roadmap to cut carbon emissions instead of setting a deadline to end the use of fossil fuels, three Indian government officials said. India, the current G20 president, is…
By David Lawder, Trevor Hunnicutt, Andrea Shalal and David Morgan WASHINGTON (Reuters) – U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the Treasury warned the government could run short of cash to pay its bills by June. Treasury Secretary Janet Yellen said in a…
WASHINGTON (Reuters) – The World Bank’s 25-member executive board is set to vote on the U.S. nominee to run the World Bank, Ajay Banga, on Wednesday after completing a four-hour interview with the ex-Mastercard CEO on Monday, sources familiar with the process said. Banga, 63, the sole contender to replace departing president David Malpass, is…
By Steve Gorman (Reuters) -A dust storm that cut visibility to near zero on Monday triggered a series of chain-reaction crashes involving dozens of vehicles on an Illinois highway, killing six people and injuring at least two dozen others, authorities said. Roughly 40 to 60 passenger cars and 30 commercial vehicles, including numerous tractor-trailer trucks,…
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) -The U.S. government could delay a decision on giving electric vehicle (EV) manufacturers tradable credits under a renewable fuel scheme, due to concern about legal challenges to the plan, two sources familiar with the matter said. The plan would have given EV automakers such as Tesla…
By Steve Gorman (Reuters) -Conservation groups sued the Federal Aviation Administration on Monday, challenging its approval of expanded rocket launch operations by Elon Musk’s SpaceX next to a national wildlife refuge in South Texas without requiring greater environmental study. The lawsuit comes 11 days after SpaceX made good on a new FAA license to send…
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to decide whether the government can require commercial fishermen to help fund a program monitoring herring catches off New England’s coast in a case that could undercut the regulatory power of federal agencies. The justices took up an appeal by New Jersey-based…
(Reuters) – An explosion in a Russian region bordering Ukraine derailed a freight train on Monday, the local governor said in a social media post, adding there were no casualties. Pictures shared on social media showed several tank carriages laying on their side and dark grey smoke billowing into the air at the site of…
By Steve Gorman LOS ANGELES (Reuters) – Barely five weeks after the last bout of heavy rain and snow in California’s historically wet winter, firefighters on Friday battled the state’s first large wildfire of the year in rugged foothills east of Los Angeles. The Nob fire has scorched some 200 acres of brush and grass…
By Clark Mindock (Reuters) – Offshore drilling leases covering 1.7 million acres of federal waters in the Gulf of Mexico will remain in place after a federal appeals court said last year’s $430 billion Inflation Reduction Act, the biggest climate change package in U.S. history, mandated they be issued to the highest bidders. A three-judge…
