By Andrew Chung (Reuters) -The U.S. Supreme Court on Monday dismissed a Republican bid to defend a Louisiana electoral map that was challenged as discriminatory in a case that could lead to the creation of a second majority-Black congressional district in the state. The justices dismissed the appeal by Louisiana Secretary of State Kyle Ardoin…
By David Shepardson WASHINGTON (Reuters) -Honda Motor is recalling 1.3 million vehicles worldwide due to a potential issue with the rearview camera image, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers some 2018-2023 Odyssey, 2019-2022 Pilot, and 2019-2023 Passport vehicles. Due to a faulty communication coaxial cable connector, the…
(Reuters) -Aston Martin Lagonda has forecast it would hit targets of 500 million pounds ($635.85 million) in adjusted profit and 2 billon pounds in revenue by 2024-2025, the Financial Times reported on Monday. The luxury carmaker, which had the capacity to sell 10,000-15,000 models a year, will likely sell “maybe 17 (thousand) at its peak…
By David Shepardson WASHINGTON (Reuters) – A group of bipartisan U.S. lawmakers said on Monday they are making a new push to expand government authority to detect and destroy drones that could pose security threats. Representatives Chrissy Houlahan, Mike Gallagher, Troy Carter and Mike Johnson introduced legislation that would allow state and local law enforcement…
WASHINGTON (Reuters) -Publishers Clearing House (PCH), which offers sweepstakes where people can win thousands of dollars per week for life, has agreed to pay $18.5 million and change its business practices to settle allegations it misled consumers about its contests, the U.S. Federal Trade Commission (FTC) said on Monday. The FTC had accused PCH of…
By David Shepardson WASHINGTON (Reuters) -U.S. Federal Trade Commission Chair Lina Khan is set to testify on July 13 before the House Judiciary Committee led by Republicans who have sharply criticized her leadership of the antitrust enforcement agency, the committee and commission confirmed on Friday. This will be her first appearance before the committee since…
By David Morgan WASHINGTON (Reuters) – The top Republican in the U.S. House of Representatives is threatening an impeachment investigation of Attorney General Merrick Garland over the Justice Department’s criminal probe of President Joe Biden’s son, Hunter. House Speaker Kevin McCarthy tweeted on Sunday that U.S. Attorney David Weiss, the federal prosecutor appointed by Republican…
By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global demand growth against upcoming supply disruptions that could be exacerbated by political instability in Russia. Brent crude futures rose 33 cents, or 0.5%, to settle at $74.18 a barrel, while U.S. West Texas Intermediate (WTI)…
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a bid by Apple Inc and Broadcom Inc to revive their challenges to Caltech data-transmission patents in a patent infringement case in which the university’s earlier $1.1 billion jury verdict against the companies was thrown out. The justices turned away an appeal by…
By Aniruddha Ghosh (Reuters) -A blistering rally in Tesla Inc shares has powered the EV maker’s market value toward trillion-dollar levels, prompting some analysts to question its valuation and downgrade the stock. Goldman Sachs on Monday cut Tesla to “hold” equivalent rating, joining Morgan Stanley and Barclays, which downgraded the stock last week. The brokerages,…
