France would feel lonely if debt crisis hit
June 18 By Pierre Briancon LONDON, June 18 (Reuters Breakingviews) – France has the largest public debt load, opens new tab in Europe, at 2.3 trillion euros, so investors’ concerns over a far-right victory in upcoming elections are understandable. If Marine Le Pen’s Rassemblement National…
Child hot car death pushes parents who lost daughter to sound alarm about ‘preventable tragedy’
June 17 By Michael Dorgan On the Tuesday after Labor Day weekend 2019, Scott Jones did his usual morning chore of dropping his eldest kids off at school and returning to his Arizona home office to knuckle down to work. Around four hours later, his…
Man walking his dog stumbles across unusual pits on beach, leading to unexpected discovery
June 16 By Andrea Vacchiano A man walking his dog in the United Kingdom inadvertently helped archaeologists and geologists make surprising discoveries at a local beach, officials say. Northumberland Coast National Landscape officials published a blog post about the recent discoveries last week. The dog…
Microsoft to delay release of Recall AI feature on security concerns
June 15 By Stephen Culp Microsoft (MSFT.O), opens new tab will not roll out “Recall”, an AI-powered feature that tracks computer usage, with its new computers next week and will instead preview it with a smaller group later, the tech giant said on Thursday, amid…
Wall Street notches record closing highs on cooler inflation data
June 14 By Stephen Culp The Nasdaq and the S&P 500 recorded their fourth consecutive record closing highs on Thursday and U.S. Treasury yields touched their lowest levels since early April as investors reconciled cooler-than-expected inflation data with tempered rate-cut expectations from the Federal Reserve….
Explosive cases flow to US Supreme Court from ‘bold’ regional court
June 13 By Andrew Chung When three conservative judges sitting on a New Orleans-based U.S. appeals court declared the funding mechanism approved by Congress for the federal consumer financial watchdog agency unconstitutional, they said the nation’s history of separating powers among the branches of government…
European Dairy, Pork Producers Wary of Chinese Retaliation for EV Tariffs
June 12 By Casey Hall, Lucy Craymer and Mei Mei Chu Global food companies from dairy producers to pork exporters are on high alert for potential retaliatory tariffs from China following the European Union’s decision on Wednesday to impose anti-subsidy duties on Chinese-made EVs. China’s…
US Judge Strikes Down Florida Ban on Gender-Affirming Healthcare
June 11 By Jonathan Allen A federal judge ruled on Tuesday that parts of Florida’s ban of puberty blockers and hormone therapy for transgender children and restrictions on gender-affirming healthcare for adults are unconstitutional and ordered that it not be enforced. Republican Florida Governor Ron…
US to Close Costly Texas Immigration Detention Center and Reroute Funds
June 10 By Ted Hesson U.S. Immigration and Customs Enforcement (ICE) will close a costly Texas detention center and reallocate the funds to increase overall detention capacity as the agency ramps up operations to implement new U.S. border restrictions. In a memo to U.S. lawmakers…
Exclusive-G7 Plans to Warn Small Chinese Banks Over Russia Ties, Sources Say
June 9 By Trevor Hunnicutt U.S. officials expect the Group of Seven (G7) wealthy democracies to send a tough new warning next week to smaller Chinese banks to stop assisting Russia in evading Western sanctions, according to two people familiar with the matter. Leaders gathering…
Chrysler to Recall More Than 211,000 Vehicles in US Due to Software Malfunction, NHTSA Says
June 8 By Jahnavi Nidumolu Chrysler is recalling more than 211,000 vehicles in the United States due to a software malfunction that could disable the electronic stability control system, the National Highway Traffic Safety Administration (NHTSA) said on Saturday. Due to the malfunction, the Anti-Lock…
Tesla Objects to $5.6 Billion Payout for Lawyers Who Voided Musk’s Pay
June 7 By Tom Hals The legal team that voided Elon Musk’s record Tesla pay package deserves a tiny fraction of the $5.6 billion legal fee they requested because their lawsuit provided almost no benefit for the company, the electric automaker argued in court papers…