By Brendan Pierson and Nate Raymond (Reuters) – If the U.S. Supreme Court reverses its landmark 1973 Roe v. Wade decision guaranteeing abortion rights nationwide, demand for abortion pills, which can be prescribed through online telemedicine visits, wi…
U.S. House Republican tells regulator to preserve records related to Musk buy of Twitter
WASHINGTON (Reuters) -Representative Jim Jordan, the top Republican on the U.S. House of Representatives Judiciary Committee, sent a letter to the chair of the Federal Trade Commission on Wednesday requesting that the agency preserve records related to…
Biden lashes out at Republicans’ ‘extreme’ MAGA agenda, touts deficit reduction
By Jeff Mason and Jarrett Renshaw WASHINGTON (Reuters) -President Joe Biden sharply criticized former President Donald Trump’s “MAGA” movement as extreme on Wednesday while touting his Democratic administration’s efforts to reduce the U.S. deficit, whi…
Dollar falls to one-week low as Powell pushes back against 75 bp hike
By Karen Brettell NEW YORK (Reuters) – The dollar fell to a one-week low against a basket of currencies on Wednesday after Federal Reserve Chairman Jerome Powell played down the prospect of a 75 basis point rate hike, even as he said the U.S. central b…
StanChart pay plans for top bosses pass; sizeable minority protest
LONDON (Reuters) -Standard Chartered’s pay plans for top executives were approved by shareholders on Wednesday, but a sizeable minority of investors voted against the plans, after concerns were raised ahead of the bank’s annual investor meeting. The em…
Telecom Italia core profit down as domestic demand weakens
MILAN (Reuters) – Telecom Italia’s (TIM) core profit fell sharply in the first quarter hit by shrinking revenues in the group’s competitive domestic market, where demand for connectivity weakened after a pandemic-driven surge. TIM said domestic sales, …
Mark Zuckerberg teases wearable tech with neural interface in Facebook post
PARIS (Reuters) – Meta Platforms Inc’s chief executive, Mark Zuckerberg, on Wednesday teased a new smart glasses project with EssilorLuxottica, posting a photo of the eyewear company’s chairman sporting a prototype of a neural interface wristband – des…
Binance registers with France crypto regulator, advances European plans
By Elizabeth Howcroft and Mathieu Rosemain LONDON/PARIS (Reuters) -Cryptocurrency exchange Binance has registered with France’s market regulator, Chief Executive Officer Changpeng Zhao said in a tweet on Wednesday, advancing the company’s plan to make …
Explainer-What would be the impact of Russian oil sanctions in Europe?
LONDON (Reuters) – The European Union has proposed a phased embargo of Russian oil, tightening its sanctions on Moscow for its invasion of Ukraine. What would the impact be of banning Russian barrels in Europe? WHAT DOES THE EU CURRENTLY IMPORT? The Eu…
UK says it will not appeal court ruling on unlawful transfer of patients to care homes
LONDON (Reuters) – The British government said it would not appeal a court decision that it had acted unlawfully early in the COVID-19 pandemic when it moved elderly patients from hospitals to care homes without considering that people without symptoms…