By Andrea Shalal and Stephanie Kelly PHILADELPHIA (Reuters) -U.S. Democratic presidential candidate Kamala Harris called on Tuesday for an end to the Israel-Gaza war and said that Israel must not reoccupy the Palestinian enclave once the nearly year-old conflict comes to an end. Speaking in Philadelphia to the National Association of Black Journalists, she called…
(Reuters) -JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source familiar with the matter said on Tuesday. The discussions started earlier this year and have advanced in recent weeks, but any potential deal could still be months away, said the source, who asked not to…
(Reuters) -Elon Musk’s brain-chip startup Neuralink said on Tuesday its implant aimed at restoring vision received the U.S. Food and Drug Administration’s “breakthrough device” designation. The FDA’s breakthrough tag is given to certain medical devices that provide treatment or diagnosis of life-threatening conditions. It is aimed at speeding up development and review of experimental devices….
(Reuters) – Several oil companies including Exxon Mobil and Chevron on Monday defeated an appeal by consumers who accused them of colluding with former President Donald Trump’s administration, Russia and Saudi Arabia to cut oil production, boosting prices at the pump. The 9th U.S. Circuit Court of Appeals in San Francisco said the consumers’ claims…
NEW YORK (Reuters) – The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects due to a resilient economy and inflation remaining sticky, the BlackRock Investment Institute said in a note on Monday. The U.S. central bank is expected to cut interest rates for the first time in…
By David Shepardson WASHINGTON (Reuters) – The 1.3 million-member Teamsters union could decide who to endorse in the 2024 U.S. presidential election as early as Wednesday after members met Democratic candidate Kamala Harris on Monday, Teamsters President Sean O’Brien said. Union representatives met her Republican rival Donald Trump in January. “We can’t kick this can…
WASHINGTON (Reuters) – Boeing is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike on Friday including considering temporary furloughs for many employees, managers and executives in the coming weeks. Boeing Chief Financial Officer Brian West said the “strike jeopardizes our recovery in a significant way and we…
By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to boost protections for strategic industries from China’s state-driven industrial practices. The U.S. Trade Representative’s office said that many of the tariffs, including a 100% duty on Chinese EVs, 50% on…
By Joe Brock and Allison Lampert SEATTLE (Reuters) – Boeing’s U.S. West Coast factory workers will vote on a much-criticized new contract and a possible strike on Thursday, piling pressure on the planemaker as it wrestles with chronic production delays and mounting debt. A potential strike starting on Friday would be a big early blow…
By David Lawder WASHINGTON (Reuters) -The U.S. budget deficit reached $1.897 trillion for the first 11 months of the 2024 fiscal year, the Treasury Department said on Thursday, as annual interest costs on the public debt topped $1 trillion for the first time. The Treasury said the fiscal 2024 deficit through August was up 24%…
