By Herbert Lash and Shreyashi Sanyal (Reuters) -U.S. stocks closed higher on Friday after a labor market report showing moderating wage growth in May indicated the Federal Reserve may skip a rate hike in two weeks, while investors welcomed a Washington deal that avoided a catastrophic debt default. The tech-heavy Nasdaq index surged to a…
(Reuters) – Churchill Downs on Friday said it would suspend racing as it conducts a “top-to-bottom” safety review following the death of 12 horses at the famed Kentucky track in the past month. Racing will be halted from June 7 through the remainder of the Spring Meet, which concludes on July 3. This weekend’s races…
KHARTOUM (Reuters) – Sudan’s warring parties fought in the capital on Friday after the collapse of talks to maintain a ceasefire and ease a humanitarian crisis. Residents of Khartoum and Omdurman across the Nile said the army had resumed air strikes and was using more artillery. But said there was no sign the paramilitary Rapid…
By Colette Luke and Steve Gorman WASHINGTON (Reuters) – When U.S. Poet Laureate Ada Limon was asked to write a poem for inscription on a NASA spacecraft headed to Jupiter’s icy moon Europa, she felt a rush of excitement at the honor, followed by bewilderment at the seeming enormity of the task. “Where do you…
WASHINGTON (Reuters) – China and Russia on Friday ignored a U.S. call for the U.N. Security Council to unite in condemning North Korea for its attempted satellite launch this week and instead blamed Washington for raising tensions on the Korean peninsula. Robert Wood, a diplomat from Washington’s U.N. mission, made the call at a U.N….
By Karen Freifeld (Reuters) – Former President Donald Trump is seeking to disqualify the New York state judge overseeing the criminal case against him stemming from a hush money payment to a porn star. In a motion made public on Friday, Trump’s lawyers argued that New York state Justice Juan Merchan in Manhattan has a…
By Kanishka Singh WASHINGTON (Reuters) – A dual Haitian-Chilean citizen was sentenced to life in prison on Friday after pleading guilty in a U.S. court in March to three charges involving his role in the 2021 assassination of then-Haitian President Jovenel Moise, prosecutors said. Rodolphe Jaar was one of 11 defendants in the case, which…
By Kanishka Singh WASHINGTON (Reuters) – A 2018 privacy lawsuit brought by Washington, D.C., against Facebook owner Meta Platforms Inc was dismissed on Thursday by a Superior Court judge, who ruled the firm did not mislead consumers over the Cambridge Analytica scandal. The lawsuit alleged violation of the district’s consumer protection law. The social media…
By Zeba Siddiqui SAN FRANCISCO (Reuters) – Hackers have stolen data from the systems of a number of users of the popular file transfer tool MOVEit Transfer, U.S. security researchers said on Thursday, one day after the maker of the software disclosed that a security flaw had been discovered. Software maker Progress Software Corp, after…
By Clark Mindock and Brendan Pierson (Reuters) – 3M Co has struck a tentative settlement of at least $10 billion with a host of U.S. cities and towns to resolve water pollution claims tied to “forever chemicals,” Bloomberg News reported on Friday, citing people familiar with the matter. Shares of 3M were up 8.4% at…
