By Brendan O’Brien (Reuters) -Teams of emergency crews on Thursday picked through flattened homes left in the wake of a powerful tornado that killed at least three people in central Oklahoma a day earlier. Two of the fatalities were reported in McClain County, while the third occurred in a nearby county, Sheriff’s Deputy Scott Gibbons…
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) – U.N. Secretary-General Antonio Guterres appealed to Sudan’s warring factions to observe a ceasefire over the Muslim Eid al-Fitr holiday to allow civilians to reach safe areas as rival forces battled for a sixth day on Thursday. Thousands of civilians streamed out of the capital Khartoum as…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the U.S. central bank will have to do more on the policy front to get still high inflation pressures back down to the 2% target. “Some additional tightening may be needed to ensure policy is restrictive enough…
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The U.S. seeks “constructive and fair” economic ties with China, but will protect its national security interests and push back against Chinese actions to dominate foreign competitors, Treasury Secretary Janet Yellen said on Thursday. Speaking at Johns Hopkins University’s School of Advanced International Studies, Yellen laid out…
By Katharine Jackson WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday passed a Republican bill intended to ban transgender women and girls from competing in women’s and girls’ school sports, delivering at least a short-term victory to social conservatives. The House passed the measure by 219-203 but it has little chance of passing the…
By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – Major U.S. stock indexes ended lower on Thursday after disappointing quarterly reports from companies including Tesla and AT&T, while investors sought clarity on the path of interest rates. Tesla shares tumbled 9.7% after the electric vehicle maker posted its lowest quarterly gross margin in two…
By Siddharth Cavale NEW YORK (Reuters) – Walmart Inc shareholders will be asked to vote on a number of new proposals including revealing its exposure to China and conducting an independent review of its safety practices related to gun violence at its annual general meeting next month, a securities filing on Thursday showed. Investors will…
By Stephen Nellis (Reuters) – Two companies that make tools for manufacturing chips said that they expect sales to China to boom later this year despite U.S. export restrictions on equipment used to make cutting-edge semiconductors. The comments by California-based Lam Research and the Netherlands’ ASML Holdings NV are a sign that China may be…
NEW YORK (Reuters) – Federal Reserve emergency lending to banks in the wake of last month’s financial sector troubles remains high and increased modestly in the latest week, according to data released on Thursday by the Federal Reserve. The institution reported that borrowing via three programs aimed at supporting banks moved to $316.5 billion as…
(Reuters) – Authorities in Alabama on Thursday said they had made two more arrests in connection with last week’s shooting at a “Sweet 16” birthday party that left four people dead and 32 others wounded. The Alabama Law Enforcement Agency said in a written statement that Willie George Brown Jr., 19, of Auburn, and Johnny…
