By Daniel Wiessner (Reuters) – U.S. appeals court judges on Tuesday said a recent U.S. Supreme Court ruling involving Southwest Airlines baggage handlers does not support Domino’s Pizza LLC’s bid to force class action wage claims by delivery drivers into arbitration. The three-judge 9th U.S. Circuit Court of Appeals panel in Seattle appeared unlikely to…
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday agreed to hear a bid by President Joe Biden’s administration to shield the federal government from lawsuits over errors related to credit reports in a case involving a dispute between a Pennsylvania man and the U.S. Department of Agriculture. The justices took up…
By David Brunnstrom, Yew Lun Tian and Martin Quin Pollard WASHINGTON/BEIJING (Reuters) – The first trip to China by a U.S. secretary of state in five years may have eased tensions that many saw escalating to dangerous levels, but the lack of progress on core issues means the relief will likely only be temporary. The…
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell and the dollar index inched up on Tuesday as investors weighed the U.S. interest rate outlook ahead of Federal Reserve Chair Jerome Powell’s congressional testimony. U.S. Treasury yields eased. Adding to uncertainty over the rate outook, a report showed groundbreaking on U.S. single-family homebuilding…
By Kanishka Singh (Reuters) – At least one person died and about two dozen people were injured overnight after a tornado hit central Mississippi, health authorities said. The tornado struck the town of Louin, about 70 miles east of Jackson, late on Sunday, the National Weather Service said, adding that multiple tornadoes could have hit…
By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) – Psst! Where can a Chinese buyer purchase top-end Nvidia AI chips in the wake of U.S. sanctions? Visiting the famed Huaqiangbei electronics area in the southern Chinese city of Shenzhen is a good bet – in particular, the SEG Plaza skyscraper whose…
By Laura Matthews NEW YORK (Reuters) – Foreign-exchange investors are moving more of their over-the-counter (OTC) derivatives trades to lookalike products on exchanges to avoid higher costs due to recent global regulations, helping inject transparency into a multitrillion-dollar market that is largely hidden from the public eye. The growing interest in clearing trades through an…
By Ludwig Burger FRANKFURT (Reuters) -Sanofi said on Tuesday that the International Chamber of Commerce rejected rival drugmaker Boehringer Ingelheim’s (BI) claims to be indemnified by Sanofi in cancer lawsuits linked to heartburn drug Zantac in the United States. Shares in France’s Sanofi, which added that the decision cannot be appealed, gained 2.4% shortly after…
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Security Administration (TSA) said Tuesday it had screened 2.785 million airline passengers on June 16, the highest number since before the COVID-19 pandemic. The TSA said it had screened approximately 10.6 million people from Friday through Monday, the Juneteenth holiday, giving an average of 2.67 million…
By Karen Freifeld (Reuters) – Donald Trump’s bid to oust the judge overseeing the criminal case against him over a hush-money payment to a porn star should be rejected, the Manhattan District Attorney’s office said in a filing on Tuesday. Trump has a “history of baselessly accusing state and federal judges around the country of…
