By Ted Hesson and Rich McKay (Reuters) – A Texas man accused of killing five neighbors after being asked to stop shooting his assault-style rifle because of the noise had been deported from the U.S. four times since 2009, U.S. Immigration and Customs Enforcement (ICE) said on Monday. The suspect in the shooting in the…
By David Morgan and Richard Cowan WASHINGTON (Reuters) – U.S. lawmakers responded to news that the federal government could be unable to pay its bills as soon as June 1 by digging in on partisan positions, even as Democratic President Joe Biden agreed to meet with lawmakers on the debt ceiling next week. Democratic Senate…
(Reuters) – Billionaire Elon Musk said on Tuesday he will step down as chief executive of Twitter Inc once he finds a replacement, but will still run some key divisions of the social media platform. “I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I…
By Devik Jain and Anisha Sircar (Reuters) – Wall Street’s main indexes fell on Tuesday, with the tech-heavy Nasdaq leading the slump, as a weak earnings forecast from Snapchat-owner Snap Inc added to nerves about an inflation-struck economy. Snap Inc plummeted 39.7%, dragging down several social media and internet stocks, after the company slashed its…
FRANKFURT, Germany (AP) — Europe’s largest economy is sending recession signals. Germany’s key future indicator, the IFO survey of business confidence, pointed down for the fourth month in a row as high inflation fed by astronomical natural gas prices undermines consumer pricing power and imposes heavy costs on businesses. The index compiled by the Munich-based…
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday. That is about 60% of the $6.5 trillion market the U.S. largest crude producer estimates for oil and gas by…
By Tom Westbrook SINGAPORE (Reuters) – The dollar was headed for a third weekly gain in a row and stood near its highest levels for decades on the euro and yen on Friday, with investors in little mood for selling ahead of U.S. labour data that could bolster the case for interest rate hikes. A…
By Sam Nussey TOKYO (Reuters) – Space is a key area of cooperation for Japan with the United States, its closest ally, amid heightened tensions with an increasingly assertive China, which itself aims to become a space power. Tokyo has said it hopes to put one of its astronauts on the lunar surface – the…
SHANGHAI (Reuters) – Slowing economic growth in China and anaemic demand for loans has sparked heavy buying of low-risk short-term financial instruments by lenders, pushing yields near zero, as banks seek to meet internal lending targets. Strong demand for banker’s acceptance bills – debt instruments guaranteed by banks – has pushed yields on one-month bills…
TEGUCIGALPA (Reuters) -One of Honduras’ leading anti-corruption advocates on Monday said she had left the Central American nation because of threats, weeks after accusing President Xiomara Castro’s government of nepotism. Gabriela Castellanos, executive director of the National Anti-Corruption Council (CNA), which has investigated public corruption in Honduras for nearly a decade, left the country on…
