By Jonathan Stempel NEW YORK (Reuters) – Donald Trump wants to attend next week’s trial involving the writer E. Jean Carroll, who has accused him of rape, but may not because of security issues the former U.S. president’s appearance would cause, his lawyer said on Wednesday. In a letter to U.S. District Judge Lewis Kaplan…
By Noel Randewich (Reuters) – Shares of Western Alliance Bancorp surged 24% on Wednesday after the U.S. regional bank posted stronger-than-expected earnings and said its deposits had stabilized, helping allay fears that last month’s banking crisis could envelop more lenders. The Phoenix, Arizona-based bank’s quarterly results also lifted the shares of other regional lenders punished…
By James Pearson and Raphael Satter BELFAST/WASHINGTON (Reuters) -British officials are sounding the alarm over the widespread abuse of surveillance software and hackers-for-hire, saying that thousands of people were being targeted each year by an industry they described as posing an increasingly unpredictable threat. Britain’s National Cybersecurity Centre (NCSC), part of its GCHQ eavesdropping spy…
By Julie Zhu, Valentina Za, Scott Murdoch and Amy-Jo Crowley HONG KONG/LONDON (Reuters) -Credit Suisse Group AG’s dealmakers, hoping to secure jobs after UBS Group AG’s rescue takeover, are struggling to dispel fears about a culture clash and many will be disappointed, sources familiar with the talks told Reuters. UBS bankers over recent weeks have…
By Joseph Ax (Reuters) -Florida education officials voted on Wednesday to ban classroom instruction on gender identity and sexual orientation in all public school grades, expanding on a law signed by Republican Governor Ron DeSantis that barred such lessons for younger students and was derided by critics as the “Don’t Say Gay” bill. The new…
By Nichola Groom (Reuters) – A U.S. House of Representatives committee voted in favor of restoring tariffs on solar panels from four Southeast Asian nations on Wednesday and reversing President Joe Biden’s earlier suspension, setting the resolution up for a vote by the full House. Biden suspended tariffs last June as part of a key…
By Liz Hampton (Reuters) – Louisiana likely will receive permitting authority over wells designed to capture and store greenhouse gases by the end of the year, U.S. Congressman Garret Graves, who represents a southern section of the state, said on Tuesday. The state, which houses a large number of refineries and other industrial facilities, has…
By Brendan Pierson (Reuters) -GenBioPro Inc, maker of the only U.S. generic version of the abortion pill mifepristone, on Wednesday filed a lawsuit seeking to ensure that it can continue selling its pill amid ongoing legal challenges. The lawsuit, filed in federal court in Baltimore, comes as the U.S. Supreme Court is poised to decide…
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks slipped on Wednesday after back-to-back gains as investors digested the latest earnings reports, while Treasury yields climbed as British inflation data solidified expectations of more interest rate rises by central banks. U.S. stocks closed little changed, with the S&P 500 slightly below the…
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms Inc on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a “year of efficiency.” Meta in March became the first…
