By Rollo Ross and Daniel Trotta (Reuters) – Movie director and submersible maker James Cameron said on Thursday he wishes he had sounded the alarm earlier about the submersible Titan that imploded on an expedition to the Titanic wreckage, saying he had found the hull design risky. All five aboard the vessel were killed. Cameron…
MILAN (AP) — Even as the European Union decided to reduce Russian crude oil imports by 90% by the end of the year, Italy has become the only country in Europe to increase them, an unintended consequence of EU sanctions against Russia. Meant to punish Russia for invading Ukraine, the EU oil embargo is now…
By Andrew Goudsward and Steve Gorman WASHINGTON (Reuters) – A Pennsylvania man found guilty of felony assault and other charges for pepper-spraying police officers outside the U.S. Capitol was sentenced on Friday to 14 years behind bars, the longest prison term to date for anyone convicted in the riot of Jan. 6, 2021. Peter J….
(Reuters) -Core Lithium has received a notice from electric-vehicle maker Tesla over a 2022 supply agreement that failed to materialize within the set deadline, the Australian miner said. The two companies failed to reach a deal by Oct. 26, 2022, as decided earlier, and now Tesla would take “all available legal remedies” unless the parties…
By Chavi Mehta (Reuters) -IBM Corp beat Wall Street expectations for first-quarter profit on Wednesday and signaled demand for IT services was better than feared, sending shares up 3.5% after the bell. The company’s software and consulting businesses rose 6% and 8.2%, respectively, at constant currency in the first quarter, in line with IBM’s targets….
By Daniel Trotta (Reuters) – The largest LGBTQ advocacy organization in the United States on Tuesday declared its first national state of emergency, citing the proliferation of legislation in statehouses across the country aimed at regulating the lives of queer people. The Human Rights Campaign (HRC) said over 70 bills it considers anti-LGBTQ were passed…
LAKE CHARLES, Louisiana (AP) — The front lawn of Lydia Larce’s home is strewn with debris: Remnants of cabinets and chunks of pink shower marble lie between dumpsters. She lives in a FEMA trailer out back, her home in shambles more than a year after Hurricane Laura tore through Lake Charles. Larce, like many in…
A look at the day ahead in markets from Dhara Ranasinghe. An aggressive 50 basis point U.S. interest rate hike to contain inflation now appears like a no-brainer after the hottest inflation reading in nearly 40 years. St. Louis Federal Reserve President James Bullard said Thursday’s data, with its 7.5% headline inflation print, made him…
By Lisandra Paraguassu BRASILIA (Reuters) – Brazil has resisted gathering momentum in the BRICS group of major emerging economies to add more member countries, but debate over admission criteria seems inevitable at this month’s summit, three Brazilian government officials told Reuters. The group including Russia, India, China and South Africa, has been hailed by some…
(Reuters) – Texas’ power grid operator on Monday again projected electricity use would break records this week as homes and business cranked up air conditioning amid soaring temperatures. The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the state’s power load, forecast demand…
