By Sharon Bernstein and Julia Harte (Reuters) -Iowa’s Republican-controlled legislature passed a bill in a special session on Tuesday banning abortions as soon as fetal cardiac activity can be detected, after around six weeks of pregnancy and before most women know they are pregnant. The ban is expected to swiftly be signed into law by…
By Lisa Richwine LOS ANGELES (Reuters) -Negotiators for the SAG-AFTRA actors union agreed late Tuesday to call in a federal mediator to try to forge a last-minute agreement with Hollywood studios and avoid a second simultaneous strike in the entertainment business. The 160,000 members of SAG-AFTRA, Hollywood’s largest union, have authorized a strike if a…
(Reuters) – Roblox Corp’s eponymous online game will soon be available on Meta Platforms’ Quest virtual reality (VR) headsets, according to a blog post by Meta on Wednesday. The game will arrive as a beta version, initially on Quest 2 and Quest Pro, in the coming weeks. “The open beta is a great opportunity for…
By David Shepardson WASHINGTON (Reuters) -U.S. regulators will soon decide on a petition filed by General Motors’ Cruise self-driving technology unit seeking permission to deploy up to 2,500 self-driving vehicles annually without human controls, a top auto safety official said on Wednesday. The petition, filed in February 2022, seeks government approval to deploy vehicles annually…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to load up on contracts that would jump in value should equities see a big drop, boosting the number of open contracts on Wall Street’s most popular volatility gauge near a record high. The one-month moving…
By David Shepardson WASHINGTON (Reuters) – The U.S. Senate Commerce Committee on Wednesday voted to approve President Joe Biden’s nominee for a key fifth seat on the U.S. Federal Communications Commission (FCC), after Democrats have been stymied since 2021 from gaining a majority on the telecommunications regulator. The committee voted to approve Anna Gomez, a…
By Howard Schneider WASHINGTON (Reuters) -A year after U.S. inflation peaked and touched off an aggressive turn in monetary policy, Federal Reserve officials may be opening a more encouraging chapter in their policy discussion with the first of what analysts expect to be a run of data showing key price measures in steady decline. The…
By Hyunjoo Jin and David Shepardson SAN FRANCISCO (Reuters) -Tesla said the $7,500 federal tax credits for its Model 3 electric vehicles are likely to be reduced after Dec. 31, according to its website on late Tuesday. Tesla did not elaborate on the reasons for the change, but the move comes as U.S. government is…
By Steve Holland VILNIUS (Reuters) – U.S. President Joe Biden told Ukrainian President Volodymyr Zelenskiy on Wednesday that he looks forward to the day he can welcome Ukraine to NATO, aiming to take the sting out of recent comments that now was not the time for Ukrainian membership in the military alliance. “Your resilience and…
MEXICO CITY (Reuters) -The U.S. Treasury Department on Wednesday imposed sanctions on 10 Mexican nationals and one company in the country for their alleged involvement in the Sinaloa Cartel’s vast illicit fentanyl trafficking network. The U.S. Treasury accuses the 10 people of links to suppliers of precursor chemicals used to make fentanyl, a highly addictive…
