By Bansari Mayur Kamdar and Devik Jain (Reuters) -Megacap companies dragged U.S. stock indexes lower on Thursday after a hotter consumer prices reading and comments from St. Louis Federal Reserve Bank President James Bullard raised fears the Fed will a…
Uber 2024 profit forecast falls short of expectations, shares drop
By Tina Bellon and Nivedita Balu (Reuters) -Uber Technologies Inc laid out a $5 billion operating profit for 2024 that fell short of analyst estimates, sending its shares down 4% on Thursday, even as the ride-hailing company revealed several strategies…
Sarah Palin testifies she felt ‘powerless’ against New York Times
(Corrects to add dropped word in Palin’s title in first paragraph to “vice presidential candidate” from “presidential candidate”) By Jody Godoy and Jonathan Stempel NEW YORK (Reuters) – Sarah Palin said at her defamation trial against the New York Time…
Exclusive-U.N. aims to launch new Afghanistan cash route in February: U.N. note
By Jonathan Landay WASHINGTON (Reuters) – The United Nations aims to kickstart this month a system to swap millions of aid dollars for Afghan currency in a plan to stem humanitarian and economic crises and bypass blacklisted Taliban leaders, according …
U.S. Congress passes ban on forced arbitration of worker sex abuse claims
By Moira Warburton and Richard Cowan WASHINGTON (Reuters) -The U.S. Senate on Thursday approved a bill that would ban companies from forcing employees who allege sexual assault or harassment to settle their claims with an arbiter without the option of …
Exclusive-Ford’s Lincoln brand to launch full slate of electric SUVs by 2026 -sources
By Paul Lienert DETROIT (Reuters) – Ford Motor Co is stepping up plans to extensively electrify its Lincoln brand in North America, as it prepares to introduce at least five new battery-powered Lincoln sport utility vehicles through 2026, three people …
In Moscow, Macron found a different, tougher Putin
By Michel Rose PARIS (Reuters) – Russian President Vladimir Putin spent much of his marathon talks with France’s Emmanuel Macron this week on the Ukraine crisis reciting grievances that date back to the end of the Cold War, two sources in the French le…
Rights groups urge Biden to repudiate racist U.S. Supreme Court rulings
By Lawrence Hurley WASHINGTON (Reuters) – Civil rights groups on Thursday asked President Joe Biden’s administration to disavow century-old Supreme Court rulings suffused with racist language that gave the government license to treat people living in P…
Biden says consumer inflation report shows budgets of Americans are ‘being stretched’
(Reuters) -U.S. President Joe Biden said the January consumer price index report issued on Thursday was a reminder the budgets of Americans are under real strain, adding that his administration was using “every tool” it has to tackle the issue. “We hav…
Canada-U.S. border city seeks court order to remove truck protesters
By Carlos Osorio, David Shepardson and Ismail Shakil WINDSOR, Canada/WASHINGTON (Reuters) -A Canadian mayor said on Thursday his city was seeking a court order to remove anti-coronavirus mandate protesters who have blocked a vital U.S.-Canada trade rou…