(This April 25 story has been refiled to correct the spelling of Jean-Pierre’s first name in paragraph 2) By Andrea Shalal WASHINGTON (Reuters) – The cast of American TV show “The L Word: Generation Q” visited the White House Tuesday to mark Lesbian Visibility Week, touting the role the long-running show has played for gay…
By Ted Hesson and Matt Spetalnick WASHINGTON (Reuters) -President Joe Biden’s administration is devising a strategy for the possible arrival of tens of thousands more migrants at the U.S.-Mexico border after the anticipated end of COVID-19 restrictions next month, scrambling to find holding centers, speed deportations and increase processing of refugees abroad. The administration is…
(Refiles to fix formatting) By Laila Kearney NEW YORK (Reuters) – Oil prices dropped by almost 4% on Wednesday, extending the previous session’s sharp losses, even after a report showed U.S. crude inventories fell more than expected, as recession fears grew for the world’s biggest economy. Brent crude settled at $77.69 a barrel, losing $3.08,…
By Herbert Lash NEW YORK (Reuters) – The dollar retreated on Wednesday on fresh signs of a U.S. slowdown after orders for core capital goods fell more than expected in March, while the economic outlook for Europe could surprise to the upside and strengthen the euro. The Swedish crown weakened sharply after the country’s central…
(Reuters) -Venture capital firm Greycroft has raised over $980 million across two funds to invest in early- and growth-stage companies, the venture capital firm said on Wednesday. The latest fundraise marks the largest funds Greycroft has raised since its inception in 2006. Based in New York and Los Angeles, Greycroft invests in consumer and enterprise…
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – The Bank of Canada (BoC) did not hike interest rates earlier this month because it wanted to wait for more evidence of the effects of previous monetary tightening on growth and inflation, according to minutes from the policy-setting meeting released on Wednesday. On April 12, the…
(Reuters) – Universal Music Group, the label representing Drake and Taylor Swift, on Wednesday posted a slump in first-quarter core profit due to compensation expenses, and reiterated concerns over AI-made music. Core profit, or earnings before interest, taxes, depreciation and amortisation, slumped 43.4% in constant currency to 261 million euros ($288.04 million), due to non-cash,…
By Lizbeth Diaz TAPACHULA (Reuters) – Thousands of migrants, detained for months in southern Mexico, formed a new caravan in protest on Sunday to head for the capital to speed up their applications for U.S. asylum. The migrants, mostly Venezuelans, started their march north early in Tapachula, the city bordering Guatemala whose detention centers have…
By Caroline Valetkevitch NEW YORK (Reuters) – The estimated decline in first-quarter S&P 500 earnings is getting smaller as more companies report results, Refinitiv data showed Wednesday, with a host of big names including Microsoft Corp reporting upbeat numbers this week. Analysts now expect first-quarter earnings to have fallen 3.2% year-over-year for S&P 500 companies….
By Tom Sims FRANKFURT (Reuters) – Deutsche Bank is undertaking its biggest management shake-up since 2019, the German bank said on Wednesday as it announced the departure of Christiana Riley, who oversaw its U.S. operations. Riley’s exit to join Santander follows news last week that Deutsche’s co-deputy chief executive Karl von Rohr was also leaving,…
