(This May 23 story has been corrected to fix the spelling of Carnell’s first name to Erik, from Eric, in paragraph 8) By Siddharth Cavale NEW YORK (Reuters) – Target, which rolled out its Pride Collection at the start of May, is pulling some products from its stores after facing customer backlash, saying it was…
WASHINGTON (Reuters) – Russia’s decision to extend the detention of a Wall Street journalist being held in Russia by three months is not acceptable, White House spokesman John Kirby said on Wednesday. The longer pretrial detention of reporter Evan Gershkovich is irresponsible and unacceptable, Kirby told reporters in a briefing. (Reporting by Andrea Shalal and…
(Reuters) – New York state’s power grid met about 20% of its electricity demand with energy from the sun for one hour last week, marking the highest ever output from solar generation, the grid operator said on Tuesday. A record-setting 3,330 megawatts (MW) of solar power was produced during the noon hour on May 18,…
By Gabriella Borter WASHINGTON (Reuters) – In 1998, the year a voter-approved measure barring the use of race-conscious admissions policies for public colleges and universities in California took effect, the percentage of Black, Hispanic and Native American students admitted at two of the state’s elite public schools plummeted by more than 50%. Those figures for…
Federal Reserve Governor Christopher Waller on Wednesday said he is concerned about the lack of progress on inflation, and while skipping an interest rate hike at the U.S. central bank’s meeting next month may be possible, an end to the hiking campaign isn’t likely. “I do not support stopping rate hikes unless we get clear…
(Reuters) – CNN will host Republican U.S. presidential candidate Nikki Haley for a live town hall in Iowa on June 4, which will be hosted by the network’s anchor and chief Washington correspondent Jake Tapper, CNN said on Wednesday. CNN is getting more Republicans on the air as it seeks political diversity, the chief executive…
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Wednesday he does not rule out the possibility of the government stepping in to buy a part of U.S. bank Citigroup’s local retail unit, adding the government would have up to $3 million at its disposal. Citigroup announced earlier on Wednesday it will…
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) -The central pillar of any debt-ceiling agreement between President Joe Biden and House Republican Kevin McCarthy is shaping up to be “discretionary spending” – the chunk of the United States’ roughly $6 trillion annual federal budget that is set annually by Congress. Talks are fluid as Biden…
(Reuters) – An Accenture Plc unit said on Wednesday it had secured an up to $2.6 billion deal with the Internal Revenue Service (IRS) for modernizing the government tax agency’s systems. Accenture Federal Services said it had been awarded the contract for seven years, adding that it will have to compete for future orders to…
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker’s shares down nearly 8%. The company forecast third-quarter revenue of $3.10 billion, plus or minus $100 million, the midpoint of which was lower than analysts’ estimates of $3.16 billion, according to Refinitiv data. Analog Devices…
