(Reuters) -Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also climbed, suggesting the housing market may be turning a corner after getting clobbered by Federal Reserve interest rate hikes. Still, even with the Fed skipping a rate hike this month for…
By Joseph Ax and Kanishka Singh (Reuters) – U.S. and Canadian ships and planes searched on Monday for a submersible vessel that went missing more than a day earlier off the coast of southeastern Canada while taking tourists to explore the wreckage of the Titanic, officials said. The U.S. Coast Guard said there was one…
By Trevor Hunnicutt WASHINGTON (Reuters) -The Biden administration says it has picked the chairman of Google parent Alphabet Inc, John Hennessy, and four other technology industry experts to help with research and development of next-generation computer chips. Hennessy and the other selected individuals are set to be announced by the Commerce Department on Tuesday, according…
By Luc Cohen NEW YORK (Reuters) – JPMorgan Chase Chief Executive Jamie Dimon may have ordered a 2019 review of the bank’s relationship with the late financier and sex offender Jeffrey Epstein, the U.S. Virgin Islands said. The U.S. territory, where Epstein owned two neighboring islands, made the claim in a letter made public on…
By Jacqueline Thomsen (Reuters) – Hunter Biden, the son of U.S. President Joe Biden, has agreed to plead guilty to two tax charges and enter an agreement that may allow him to avoid a conviction on a firearm offense, according to court filings on Tuesday. Here is a look at each of the charges. WILLFUL…
By Brendan Pierson and Disha Raychaudhuri (Reuters) – Companies accused of fueling the U.S. opioid crisis have so far paid out more than $3 billion to compensate states, but has any of the money reached the people who need it? It depends where you live. Yes, if you’re in Massachusetts; no, in Texas. A series…
By Andrew Chung (Reuters) – The U.S. Supreme Court on Tuesday threw out a lower court ruling that blocked South Carolina from ending public funding to Planned Parenthood, giving the Republican-governed state another chance to defend its bid to deprive the reproductive healthcare and abortion provider of government money. The justices sent the case back…
By John Kruzel and Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court is expected to decide by the end of this month the fate of race-conscious collegiate admission policies, one of the major disputes – also including cases involving LGBT rights and student debt forgiveness – still yet to be resolved as the justices…
By Blake Brittain (Reuters) – The U.S. Supreme Court ruled on Tuesday that Disney must face a New Jersey toy creator’s lawsuit that claimed the company violated her trademark rights with its character Lots-o’-Huggin’ Bear from the blockbuster 2010 film “Toy Story 3.” The justices threw out a lower court’s ruling that Disney was protected…
KYIV (Reuters) – The son of one of the United States’ richest men criticised the international disaster response to the destruction of the Kakhovka dam in southern Ukraine this month as “disappointing” and inadequate, as he visited the nearby city of Kherson. Howard Buffett, a businessman and philanthropist, spoke to Reuters in an interview by…
