By Kylie Madry MEXICO CITY (Reuters) – The airport operating business in Mexico is thriving as traffic surges due to multinational companies bringing overseas operations closer to home and growth at Mexican airlines, according to the head of GAP, which operates 12 airports in the country. Manufacturing hubs such as Guadalajara have seen record traffic…
(Reuters) – Digital World Acquisition Corp, a blank-check firm that is set to merge with former U.S. President Donald Trump’s media and technology company, on Thursday named Katherine Chiles as its chief financial officer. The development comes after Digital World in March ousted Chief Executive Patrick Orlando, saying that due to “unprecedented headwinds faced by…
By David Shepardson WASHINGTON (Reuters) -Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish rules on artificial intelligence to address national security and education concerns, as use of programs like ChatGPT becomes widespread. Schumer, a Democrat, said in a statement he had drafted and circulated a “framework that outlines a…
WASHINGTON (Reuters) – Top U.S. Senate Republican Mitch McConnell said on Thursday that he will return to the Senate next week, more than a month after he was sidelined by a bad fall and as talks over the nation’s looming $31.4 trillion debt ceiling shift to a higher gear. The 81-year-old Kentucky Republican, who is…
LONDON (Reuters) – U.S. President Joe Biden did not discuss the leak of intelligence documents with British Prime Minister Rishi Sunak when the two men met in Northern Ireland this week, White House press secretary Karine Jean-Pierre said on Thursday. “It did not come up, the leaked documents, in that conversation,” she told reporters in…
(Changes reporting credit) WASHINGTON (Reuters) – The FBI said on Thursday it has “made an arrest and is continuing to conduct authorized law enforcement activity at a residence in North Dighton, Massachusetts,” amid a media report a suspect in the leak of classified has been identified. U.S. Attorney General Merrick Garland will make a statement…
By Karen Brettell NEW YORK (Reuters) – The dollar fell to a two-month low against a basket of currencies and a one-year low against the euro on Thursday after U.S. producer prices unexpectedly fell in March, boosting expectations that the Federal Reserve is near the end of its rate hiking cycle. The producer price index…
(Reuters) – After central banks across Latin America and the Caribbean raised rates to battle inflation, the International Monetary Fund is now pointing at less spending from governments to help slow down price pressures – while reminding the region’s rich to pay more taxes. “Fiscal policy can help monetary policy in reducing demand pressures,” the…
By Mike Scarcella (Reuters) – Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as “speculative” a consumer antitrust lawsuit alleging the company’s proposed $24.6 billion acquisition of rival Albertsons Companies Inc would lessen grocer competition and drive up prices. Lawyers for Kroger said in a filing in California federal…
WASHINGTON (Reuters) – The United States arrested Air National Guard employee Jack Teixeira on Thursday in connection with transmission of classified defense information, U.S. Attorney General Merrick Garland said. “FBI agents took Teixeira into custody earlier this afternoon without incident,” Garland said at a brief statement at the Justice Department. (Reporting by Sarah N. Lynch…
