By Kanishka Singh WASHINGTON (Reuters) – Over $200 billion from the U.S. government’s COVID-19 relief programs were potentially stolen, a federal watchdog said on Tuesday, adding that the U.S. Small Business Administration (SBA) had weakened its controls in a rush to disburse the funds. At least 17% of all funds related to the government’s coronavirus…
By Jonathan Stempel NEW YORK (Reuters) -A New York appeals court on Tuesday rejected Donald Trump’s bid to end the state attorney general’s lawsuit accusing him and his family business of “staggering” fraud, but dismissed all claims against his daughter Ivanka Trump and said the remaining case may be limited further. Attorney General Letitia James’…
By James Davey LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last year because they did not have enough money, according to a report published on Wednesday by food bank charity the Trussell Trust. It said this equates to 11.3 million people, more than double the population of Scotland, and…
(Reuters) – Power use in Texas hit a preliminary all-time high on Tuesday as homes and businesses cranked up air conditioners to escape a three-week-old heat wave, according to data from the state’s power grid operator. The high temperature in Houston, the biggest city in Texas, hit a high of 100 degrees Fahrenheit (38 Celsius)…
By Khushi Mandowara (Reuters) – U.S. health regulators on Tuesday declined to approve a higher-dose version of Regeneron Pharmaceuticals’ drug Eylea for treatment of a disease that is leading cause of blindness among the elderly, the company said as shares fell on the setback to its effort to defend the blockbuster treatment against a fast-gaining…
By Luc Cohen NEW YORK (Reuters) -A federal judge on Tuesday rejected Sam Bankman-Fried’s bid to throw out most of the U.S. government’s criminal case accusing the FTX cryptocurrency exchange founder of orchestrating a multibillion-dollar fraud. The decision by U.S. District Judge Lewis Kaplan in Manhattan paves the way for an Oct. 2 trial of…
By Kylie Madry MEXICO CITY (Reuters) – Mexico is likely to hand over control of the capital’s main airport – the busiest in the country – to its navy, according to a draft decree published on Tuesday, in what would be the latest step increasing the military’s role in the sector. President Andres Manuel Lopez…
WASHINGTON (Reuters) -Sales of new U.S. single-family homes surged to the highest level in nearly 1-1/2 years in May, benefiting from a dearth of previously owned homes available for sale. New home sales jumped 12.2% to a seasonally adjusted annual rate of 763,000 units last month, the highest level since February 2022, the Commerce Department…
WASHINGTON (Reuters) -The United States will provide Kyiv with a new military package worth up to $500 million, the Pentagon said on Tuesday, in a show of support for Ukraine’s fight against Russia as Moscow deals with the aftermath of a mutiny by mercenary fighters. The package will include ground vehicles including Bradley fighting vehicles…
By Tom Hals WILMINGTON, Delaware (Reuters) – The Walt Disney Co board did not act negligently when it criticized a sexual identity bill signed by Florida Governor Ron DeSantis, a Delaware judge ruled on Tuesday, in a case the judge said was improperly directed by a conservative legal group. The ruling by Lori Will of…
