(Reuters) – The U.S. on Thursday condemned “in the strongest terms” what it called human rights violations, abuses and “horrific violence” in Sudan during that country’s two-month-old war, a State Department spokesperson said. The U.S. is especially concerned about reports of ethnic violence committed by the paramilitary Rapid Support Forces (RSF) and allied militias in…
(Reuters) -The U.S. banking regulator is seeking bids for the sale of collapsed Silicon Valley Bank’s German assets, according to a Thursday notice posted on its website. The U.S. Federal Deposit Insurance Corporation (FDIC) is inviting bids for SVB’s $460 million asset portfolio, including loans and leases, in Frankfurt and Berlin. The deadline for submission…
By Jarrett Renshaw (Reuters) – Ticketmaster and other companies have agreed to offer consumers upfront, all-in pricing, the White House announced as it convened a meeting on Thursday to highlight efforts to crack down on so-called junk fees. President Joe Biden hosted a meeting at the White House of private companies – including Live Nation’s…
(Reuters) – The U.S. Justice Department will review the PGA Tour’s plan to merge with Saudi-backed LIV Golf to determine if it violates antitrust law, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The PGA Tour, DP World Tour and rival Saudi-backed LIV circuit, which had been involved in a…
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq surged on Thursday to close at their highest in 14 months, as investors cheered economic data that fueled bets that the U.S. Federal Reserve is nearing the end of its aggressive interest-rate hike campaign. Treasury yields slid after a slew of…
By Lisa Baertlein and David Shepardson LOS ANGELES/WASHINGTON (Reuters) -U.S. business groups on Thursday said a “hard-fought” six-year labor deal tentatively agreed between U.S. West Coast seaport employers and the union representing 22,000 workers should avoid economic harm and urged both sides to ratify it quickly. The tentative deal was announced on Wednesday and followed…
By Dan Whitcomb (Reuters) – A New York ethics board on Thursday ordered former Mayor Bill de Blasio to pay a record $474,794 for using city funds for a security detail during his long-shot 2019 presidential campaign, finding that he violated conflict of interest laws. The city’s Conflicts of Interest Board said de Blasio had…
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase urged a federal judge to reject the U.S. Virgin Islands’ demand that Chief Executive Jamie Dimon sit for a second deposition for its lawsuit about the bank’s long relationship with Jeffrey Epstein. In a letter made public on Thursday, the largest U.S. bank said Dimon made…
By Katharine Jackson and Alexandra Ulmer WASHINGTON (Reuters) -Miami Mayor Francis Suarez announced on Thursday he is running for president, joining a host of Republican candidates vying for the 2024 nomination days after front-runner Donald Trump faced federal charges in his city. Suarez, 45, released a campaign video titled “I’m Running,” which showed him jogging…
By Siddharth Cavale (Reuters) – Price-conscious shoppers flock to Walmart Supercenters to pick up $1 potato chips and $3 gallons of milk, but the world’s biggest retailer will now try to sell them $298 cozy swivel chairs and $50 Wrangler jeans, too. Using low-cost and low-margin groceries as a draw, Walmart is adding more than…
