By Tyler Clifford and Steve Gorman (Reuters) -The man Texas authorities say killed eight people in a barrage of gunfire at a Dallas-area shopping mall over the weekend left behind a social media profile filled with white supremacist and neo-Nazi ideology, multiple news outlets reported on Monday. News reports linking the assailant to language praising…
ANKARA (Reuters) -Turkish President Tayyip Erdogan accused the opposition on Monday of provoking disorder and siding with terrorists, without providing evidence, in a fiery speech days before close and increasingly fractious elections. Erdogan appeared to suggest his opponents had incited confrontations a day earlier when crowds threw stones at a key opposition figure in the…
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Monday that some regional bank stock prices remained under pressure, but deposits had stabilized and regulators stood ready to use the same tools used in recent bank rescues if more contagion fears arose. Yellen told CNBC in a live interview that some of the selling…
By Julia Harte NEW YORK (Reuters) -Protesters in New York City on Friday called for charges against a former U.S. Marine who choked a homeless man to death on the subway they were both riding in, as the veteran’s lawyers said he never intended to harm the man. The death of Jordan Neely, 30, on…
(Reuters) -Social media platform Twitter Inc will remove accounts that have been inactive for several years, CEO Elon Musk announced in a tweet on Monday, saying that the action is “important to free up abandoned handles.” Twitter’s billionaire owner in a separate tweet said inactive accounts will be archived, Musk did not add any details…
By Carolina Mandl, David French and Svea Herbst-Bayliss NEW YORK (Reuters) -The practice of short selling is coming under increased scrutiny as shares of regional banks remain under pressure, with some calls for more regulatory oversight of the practice. Short sellers, who borrow shares they expect to fall and hope to repay the loan for…
By Ross Kerber (Reuters) – Vanguard Group, the largest provider of mutual funds, has secured regulatory approval to continue to own big stakes in U.S. power utilities, overcoming Republican concerns over its environmental, social and governance (ESG) policies. Various Republican politicians and officials had questioned the company’s application to the Federal Energy Regulatory Commission (FERC),…
By Daniel Wiessner (Reuters) -A California federal judge on Monday dismissed a proposed class action accusing Twitter Inc of targeting female employees for layoffs after Elon Musk acquired the company last year, but said plaintiffs would be allowed to amend the lawsuit to add more details. U.S. District Judge Jon Tigar in Oakland said the…
By Akash Sriram and Abhirup Roy (Reuters) -Electric vehicle (EV) maker Lucid Group Inc reported lower-than-expected first-quarter revenue on Monday and trimmed its 2023 production forecast as a price war sparked by Tesla, rising interest rates and recession fears hurt sales. Shares in the maker of the Air luxury sedan dropped about 9% in after…
By Kylie Madry MEXICO CITY (Reuters) -The Mexican government on Monday set out fresh details of a plan to attract businesses to a corridor straddling a narrow isthmus of southern Mexico, part of a larger push to pump investment into the relatively poor region. The plan, called the Inter-Oceanic Corridor, will include 10 new industrial…
