By Shubham Batra, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 and Nasdaq closed in negative territory on Wednesday as investors took profits after a months-long megacap stocks run and ahead of key economic and policy events next week. The small-cap index Russell 2000 climbed 1.78% as investors kept moving away from…
WASHINGTON (Reuters) – Steve Bannon, a onetime adviser to former President Donald Trump, has been subpoenaed by a federal grand jury in Washington in connection with special counsel Jack Smith’s investigation into the Jan. 6, 2021, attacks on the U.S. Capitol, NBC News reported on Wednesday, citing sources. The subpoena, for documents and testimony, was…
WASHINGTON (Reuters) -Fox News on Wednesday notified Tucker Carlson’s legal team that the former prime-time host violated his contract with the network when he launched his own Twitter show on Tuesday, Axios reported, citing a copy of a letter obtained by the news website. Carlson released the first episode of his new show on Twitter…
LIMA (Reuters) – A group of indigenous protesters in Peru’s remote Amazon region attacked two oil tankers with gasoline bombs apparently because they are angry about changes by the government to social oil funds, the operator of the vessels said on Wednesday. A dozen crew members from both tankers, one of which contained 40,000 barrels…
By James Oliphant (Reuters) – Florida Governor Ron DeSantis defended flying planeloads of migrants across the country during a trip to the U.S. southern border on Wednesday, as he looks to make hardline immigration policies a central tenet of his 2024 presidential bid. The Republican candidate’s stop in Arizona came a day after the state…
By Kate Abnett and Riham Alkousaa BRUSSELS/BONN (Reuters) – Russia intends to block European Union countries from hosting next year’s U.N. international climate negotiations, according to internal emails seen by Reuters, a potential setback for EU-member Bulgaria’s competition with Azerbaijan and Armenia to draw the massive conference. Moscow’s intervention shows how geopolitical disputes since Russia’s…
By Brendan Pierson (Reuters) – Teva Pharmaceutical Industries on Wednesday agreed to pay Nevada $193 million to settle claims that its marketing practices fueled opioid addiction, the state announced. Nevada was one of two states, along with New Mexico, that did not join a $4.35 billion nationwide settlement with the Israel-based drugmaker last year. New…
By Samuel Indyk and Koh Gui Qing LONDON (Reuters) -Global stocks retreated from a 13-month high on Wednesday and the U.S. dollar drifted lower as attention turned towards next week’s pivotal inflation data and Federal Reserve meeting, where chances of a rate hike continued to ebb. On Wall Street, stocks ceded earlier gains, with the…
By Nancy Lapid (Reuters) – The northeastern United States is blanketed under a pungent haze caused by smoke carried down from wildfires burning in Canada that contains a host of noxious gases and particulate matter that carry serious health risks. Here is what you need to know about the risks of the lingering smoke that…
By Matt Spetalnick and Patricia Zengerle WASHINGTON (Reuters) – Senior U.S. policy makers took aim at China on Wednesday over its approach to Latin America, accusing Beijing of breaching economic norms and urging it to do more to help combat the illegal fentanyl trade. Testifying before a House of Representatives subcommittee, Brian Nichols, assistant secretary…
