By Patricia Zengerle WASHINGTON (Reuters) – Legislation to strip China of its status as a “developing nation” at some international organizations was passed by a U.S. Senate committee on Thursday, as members of the U.S. focus on competing with the Asian power. The Senate Foreign Relations Committee approved the “Ending China’s Developing Nation Status Act”…
(Reuters) – A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including Mitsubishi UFJ Morgan Stanley Securities, over their sale of AT1 bonds issued by Credit Suisse Group AG, Nikkei reported on Friday. Former Bank of America Securities lawyer Taiju Yamazaki has said he expects his “first…
(Reuters) – Here are reactions after former President Donald Trump said he has been indicted by the U.S. Department of Justice, apparently for mishandling sensitive government documents. U.S. HOUSE SPEAKER KEVIN MCCARTHY: “Today is indeed a dark day for the United States of America.” “House Republicans will hold this brazen weaponization of power accountable.” DEMOCRAT…
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits surged to the highest level in more than 1-1/2 years last week, but layoffs are probably not accelerating as the data covered the Memorial Day holiday, which could have injected some volatility. The largest increase in applications in nearly…
By Keith Coffman DENVER (Reuters) – Colorado’s costliest wildfire on record started from fierce winds that damaged power lines and unearthed smoldering embers from a controlled burn days earlier, sparking two blazes that merged into a deadly conflagration, authorities said on Thursday. Investigators found a variety of human and weather-related factors combined to spark the…
(Reuters) – U.S. House Speaker Kevin McCarthy, the chamber’s top Republican, said on Thursday that the indictment of Donald Trump was a “dark day” for the United States and that he stood with the former President. “House Republicans will hold this brazen weaponization of power accountable,” he wrote on Twitter. (Reporting by Costas Pitas in…
By Sarah N. Lynch (Reuters) -Donald Trump has been indicted by a federal grand jury for retaining classified government documents and obstruction of justice, according to a lawyer for the former U.S. president and another source familiar with the matter. The criminal case, brought by the U.S. Department of Justice, amounts to another legal setback…
By Matt Spetalnick and Dave Sherwood WASHINGTON/HAVANA (Reuters) -China has reached a secret deal with Cuba to establish an electronic eavesdropping facility on the island roughly 100 miles (160 km) from Florida, the Wall Street Journal said on Thursday, but the U.S. and Cuban governments cast strong doubt on the report. Such a spy installation…
By Arriana McLymore and Deborah Mary Sophia (Reuters) -Amazon.com said on Thursday that it was cutting delivery routes short for drivers in places affected by poor air quality, while Target also said its contactless order pickup service may not operate in the most affected areas. Hundreds of forest fires are burning across much of Canada…
(Reuters) – A federal court on Thursday rejected former Justice Department attorney Jeffrey Clark’s request to intervene in a legal disciplinary case pending against him over his efforts to help former President Donald Trump overturn his 2020 election loss. Clark had tried to stop an entity of the District of Columbia bar association from pursuing…
