• Euro Hits Three-Month High Against US Dollar
    2019-06-24 04:00:44 UTC

    TOKYO (Reuters) - The euro rose to a three-month high against the dollar on Monday, as bearish bets on the U.S. currency remained solid on prospects of a near-term interest rate cut by the Federal Reserve. The euro stretched its rally last week, up 1.4%, and advanced about 0.15% to $1.1386 in early Asian trade, its highest since Mar...
  • US Weekly Jobless Claims Rise; Imported Inflation Weak
    2019-06-13 18:19:18 UTC

    WASHINGTON (Reuters) - The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May. Other data on Thursday showed import prices fell by the most in five months in May amid a broad decline i...
  • Hunt for Shoppers: Luxury Brands Raising Stakes on Instagram
    2019-06-07 16:10:35 UTC

    PARIS (Reuters) - Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from dance-fuelled fashion shows to teams of advisers as they target social media platforms in the hunt for young shoppers. Without the entry barriers of magazine advertising - where a one page glossy ad can cost...
  • Toyota Speeds Up Electric Vehicle Schedule
    2019-06-07 15:52:16 UTC

    TOKYO (Reuters) - Toyota Motor Corp aims to get half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and will tap Chinese battery makers to meet the accelerated global shift to electricity-powered cars. The change illustrates the breakneck growth in the electric vehicle (EV) market, which is tran...
  • Apple wants its login button above Google and Facebook
    2019-06-05 05:23:38 UTC

    (Reuters) - Apple Inc will ask developers to position a new “Sign on with Apple” button in iPhone and iPad apps above rival buttons from Alphabet Inc’s Google and Facebook Inc, according to design guidelines released this week. The move to give Apple prime placement is significant because users often select the default or top option...
  • Elon Musk Says Tesla deliveries Set to Top Record
    2019-05-23 15:41:53 UTC

    (Reuters) - Tesla Inc is on course to top its record for quarterly deliveries in the second quarter, beating the 90,700 it sent to customers in the final quarter of last year, according to an email from Chief Executive Officer Elon Musk to staff. Musk’s email, widely posted on social media and authenticated for Reuters by a source f...
  • Dutchman Travels Across 33 Countries on Electric Car
    2019-04-18 22:49:36 UTC

    Dutchman Wiebe Wakker on Sunday ended a 95,000 kilometer (59,000 mile) electric car journey that he hoped would show the world the viability of such vehicles. Wakker arrived in the eastern Australian city of Sydney after driving his retrofitted station wagon nicknamed "The Blue Bandit" across 33 countries including Turkey, Iran, India...
  • Restaurant Dishes Labeled Gluten-Free Often Are Not
    2019-04-02 22:07:57 UTC

    For people with celiac disease, even tiny amounts of gluten in foods can cause trouble, and restaurants may be the hardest places to avoid the hidden protein, a U.S. study suggests. More than half of gluten-free pizza and pasta dishes tested in restaurants were positive for the presence of gluten, and overall, about one third of sup...
  • Oil Prices Continue to Rise Amid OPEC-Led Supply Cuts
    2019-04-02 21:38:57 UTC

    NEW YORK (Reuters) - Oil prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut. Brent futures reached a session peak at $69.52 a barrel, the highest since Nov. 13. The...
  • Brexit: EU Prepares For a 'No-Deal' Scenario
    2019-03-29 20:39:59 UTC

    Theresa May's exit deal failed by 58 votes, and April 12 beckons as a new exit date for the UK out of the EU. More indicative votes are on the table, as the EU prepares for a 'no-deal' scenario. LONDON (Reuters) - Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knel...
  • U.S. Judge Approves Bankruptcy Loan for PG&E
    2019-03-27 18:31:51 UTC

    SAN FRANCISCO (Reuters) - Bankrupt California power provider PG&E Corp won court approval on Wednesday for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes. San Francisco-based PG&E filed for Chapter 11 bankruptcy protection in January in ...
  • Chinese Company to Sell Popular Dating App Grindr
    2019-03-27 17:54:06 UTC

    (Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter. The Committee on Foreign Investment in the United States (...
  • Wall Street Bogged Down by Global Growth Worries
    2019-03-27 17:53:13 UTC

    (Reuters) - Fears of a global economic slowdown weighed on Wall Street’s main indexes on Wednesday, and along with a prolonged inversion in the U.S. yield curve kept investors at bay. Apple Inc was a bright spot, rising 1.23 percent after three straight days of losses. The benchmark 10-year Treasury yields slid on Wednesday, but ...
  • Scientists' evidence for man-made global warming hits 'gold standard'
    2019-02-25 18:33:18 UTC

    OSLO (Reuters) - Evidence for man-made global warming has reached a “gold standard” level of certainty, adding pressure for cuts in greenhouse gases to limit rising temperatures, scientists said on Monday. “Humanity cannot afford to ignore such clear signals,” the U.S.-led team wrote in the journal Nature Climate Change of satellite...
  • The segregation-era road-trip drama “Green Book” wins best picture at Oscars
    2019-02-25 04:57:11 UTC

    LOS ANGELES (AP) — The segregation-era road-trip drama “Green Book” was crowned best picture at the Academy Awards, handing Hollywood’s top award to a film seen as a feel-good throwback to some but ridiculed as an outdated inversion of “Driving Miss Daisy” by others. In a year where Hollywood could have made history by bestowing bes...
  • Oscars winners 2019: The full list of winners
    2019-02-25 04:32:29 UTC

    Los Angeles — Sunday night&rsquo;s Oscars marked a record-breaking year for recognizing the achievement of black artists. Shattering a record set in 2017, the 91st Academy Awards bestowed trophies to seven black winners in six categories. The following is a list of nominees and the winners: <h3>BEST PICTURE</h3><p>&quot;Black Pan...
  • Buffett rebukes Trump for taking credit for US economic growth
    2019-02-23 19:58:52 UTC

    (Reuters) - Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation’s economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy. Buffett lamented these states of affairs in his widely read...
  • Democrats pursue subpoenas on US migrant family separation policy
    2019-02-23 19:35:34 UTC

    WASHINGTON (Reuters) - In what is likely to be their first public use of subpoena power since taking over the U.S. House of Representatives in January, Democrats were set to vote on Tuesday on subpoenaing documents on the Trump administration’s migrant family separation policy. If approved, the subpoenas by the House Oversight Commi...
  • Sanders to Ask Why Drug, Once Free, Now Costs $375k
    2019-02-04 16:47:41 UTC

    WASHINGTON (Reuters) - U.S. Senator Bernie Sanders sent a letter to Catalyst Pharmaceuticals on Monday asking it to justify its decision to charge $375,000 annually for a medication that for years has been available to patients for free. The drug, Firdapse, is used to treat Lambert-Eaton Myasthenic Syndrome (LEMS), a rare neuromuscu...
  • UK Government Considers Another Brexit Vote
    2019-03-27 17:58:22 UTC

    LONDON, March 27 (Reuters) - Britain’s government will file a motion to allow parliament to sit on Friday as the government considers bringing another vote in parliament on its Brexit divorce deal, Brexit minister Stephen Barclay said on Wednesday. “The government will later today table a motion for the house to sit this Friday,” Ba...
  • Germany to Accelerate Development of Autonomous Driving
    2019-01-23 18:33:15 UTC

    FRANKFURT (Reuters) - Germany’s top carmakers including BMW and Volkswagen are looking at ways to speed up development of the next generation of self-driving cars, possibly by even working together, as tech giant Google forges ahead with plans to mass produce such vehicles. Carmakers and tech companies have been in a race to develop...
  • Jimmy Carter: The US Is An “Oligarchy With Unlimited Political Bribery”
    2019-01-08 00:53:49 UTC

    <p>Former president Jimmy Carter said Tuesday on the nationally syndicated radio show the <a href="">Thom Hartmann Program</a> that the United States is now an &ldquo;oligarchy&rdquo; in which &ldquo;unlimited political bribery&rdquo; has created &ldquo;a complete subversion of our political system as a payo...
  • Golden Globes 2019: The Complete List Of Winners
    2019-01-07 07:29:25 UTC

    <p>BEVERLY HILLS, Calif. (AP) &mdash; Complete list of winners at the 76th annual Golden Globe Awards, presented Sunday in Beverly Hills, California, by the Hollywood Foreign Press Association:</p><p>FILM</p><p>Drama: &ldquo;Bohemian Rhapsody&rdquo;</p><p>Actress, Drama: Glenn Close, &ldquo;The Wife&rdquo;</p><p>Actor, Drama: Rami Male...
  • US Utility Company PG&E Explores Filing for Bankruptcy
    2019-01-06 03:42:30 UTC

    (Reuters) - California utility company PG&E Corp (PCG.N) is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017, people familiar with the matter said on Friday. The company is considering the move as a contingency, in part b...
  • GM To Cut 14,700 Jobs In Ohio, Michigan, Maryland And Ontario
    2018-11-26 18:36:11 UTC

    DETROIT/WASHINGTON (Reuters) - General Motors will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles. The announcement is the biggest North America restructuring for the U.S. N...