(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising system with Google Ads technology, without giving details on the number of layoffs. “In order to create a better, more seamless long-term experience for Waze advertisers, we’ve begun transitioning Waze’s existing advertising system to Google…
(Reuters) -Rudy Giuliani, an ex-lawyer of former U.S. President Donald Trump, has been interviewed as part of a probe by Special Counsel Jack Smith into interference in the 2020 presidential election, CNN reported on Tuesday, citing unnamed sources. Smith is investigating accusations that Trump sought to overturn the results of the 2020 election that he…
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’…
(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 Raphael Satter (Reuters) – The cl0p ransomware gang is claiming a new set of victims from its hack of the MOVEit file transfer protocol, taking credit on Tuesday for having stolen data from the University of California, Los Angeles, Siemens Energy, Abbvie Inc and Schneider Electric, among others. The total number of recent victims…
By Susanna Twidale LONDON (Reuters) – A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on Wednesday by a global initiative seeking to bring transparency and confidence to an unregulated market. Many companies have set net zero emission targets but acknowledge they will…
(Refiles to correct first sentence to fix day of week to Tuesday) By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index retreated on Tuesday after a host of economic data releases indicated the U.S. economy remains resilient and may not be close to a recession, while the euro strengthened after comments from European Central…
By Chibuike Oguh NEW YORK (Reuters) – SL Green Realty Corp’s shares rose on Tuesday, extending gains from the previous session, after some research analysts heaped praise on the real estate investment trust (REIT) for selling a 50% stake in one of its prime New York City office buildings. SL Green announced on Monday that…
