By Jeff Mason WASHINGTON (Reuters) -President Joe Biden on Friday pledged to “have a discussion” with House of Representatives Speaker Kevin McCarthy on U.S. debt amid a looming debate about raising the debt ceiling. At an event with city mayors, Biden said a U.S. debt default would be a calamity unlike anything ever seen in …
Biden: We’re going to have a discussion about U.S. debt with House leader Read More »
By Nate Raymond and John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court’s chief security officer on Friday said she spoke with each of the justices in her inquiry into who leaked a draft of its ruling overturning the 1973 Roe v. Wade decision that had legalized abortion nationwide, adding that the probe found no information …
U.S. Supreme Court justices were questioned, cleared in leak probe Read More »
By Juliette Jabkhiro PARIS (Reuters) – French nurse Maryse Lopez says women get a raw deal in President Emmanuel Macron’s pension reform because they take longer parental leave and work part time more often than men. Macron wants to raise the retirement age by two years to keep the pension system out of the red. …
French nurse fears Macron’s pension reform will leave women worse off Read More »
By Lewis Krauskopf NEW YORK (Reuters) – A spate of earnings reports in coming weeks is set to test a recent bounce in technology and other megacap stocks, a category whose leadership position in U.S. markets has faltered after last year’s deep selloff. The tech-heavy Nasdaq 100 index has gained nearly 6.2% in 2023, compared …
Tech stock rebound faces doubters with earnings season ahead Read More »
By Chuck Mikolajczak (Reuters) – U.S. stocks rallied to close higher on Friday, as the S&P 500 and Dow snapped a three-session losing streak and the Nasdaq rose more than 2%, as quarterly earnings helped lift Netflix, while Google parent Alphabet climbed after announcing job cuts. Shares of Netflix Inc jumped 8.46% as the streaming …
Wall Street rallies to end higher on Alphabet, Netflix lift Read More »
By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives plans to take up bipartisan legislation next week to establish a Federal Aviation Administration (FAA) task force to improve a pilot messaging database that failed last week, disrupting 11,000 flights. The outage of the Notice to Air Missions (NOTAM) database prompted the Jan. 11 nationwide …
U.S. House eyes creating task force on flawed aviation computer system Read More »
By Gabriella Borter WASHINGTON (Reuters) – Thousands of abortion opponents rallied in Washington on Friday for the 50th annual “March for Life,” marking a new chapter for a movement that has organized for decades around overturning Roe v. Wade, the landmark ruling that recognized a women’s right to an abortion. With that ruling now thrown …
Abortion opponents call for stricter bans at first post-Roe Washington march Read More »
By Jeffrey Dastin (Reuters) – Google’s parent Alphabet Inc is cutting about 12,000 jobs as it faces “a different economic reality”, it said in a staff memo, doubling down on artificial intelligence (AI) and axing staff who support experimental projects. The job cuts affect 6% of its workforce, and follows thousands of layoffs at tech …
Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI Read More »
ZURICH (Reuters) – Ukraine’s western allies might bridge delays in implementing a 10-point peace plan that the country has put forward, if each country takes responsibility for one part, the first lady in Kyiv said in an interview published on Saturday. Olena Zelenska spoke from the World Economic Forum in Davos as Western allies dampened …
Try harder to make peace plan work, Ukraine’s first lady tells West Read More »
By Douglas Gillison and Chris Prentice (Reuters) – The U.S. accounting watchdog is facing a lawsuit over claims the regulator’s process of handling disciplinary matters behind closed doors is unconstitutional. The lawsuit, filed Thursday in federal court in Texas by the conservative Washington-based New Civil Liberties Alliance, accuses the Public Company Accounting Oversight Board (PCAOB) …
U.S. accounting watchdog faces lawsuit over its ‘secretive’ disciplinary process Read More »
