By Bo Erickson WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday blocked an effort to expedite the release of an ethics probe into former Representative Matt Gaetz, who dropped his bid to become Donald Trump’s attorney general. The probe centered on allegations against Gaetz of sexual misconduct with a teenage girl and drug use. …

US House Republicans block bid to release results of Gaetz ethics probe Read More »

TOKYO (Reuters) – Japan’s base salary grew at a 32-year-high pace in October, government data showed on Friday, boosting real wages after two months of decreases and offering statistical support for the prospects of a central bank rate hike this month. The Bank of Japan must scrutinise various data at its Dec. 18-19 rate review, …

Japan Oct wages show 32-year-high base pay growth, positive for BOJ hike Read More »

By Jamie McGeever ORLANDO, Florida (Reuters) -While the dollar has benefited enormously this year from the tech-led wave of U.S. “exceptionalism” that has lifted American growth, productivity, profits and stock prices, the greenback has also gotten a huge helping hand from its crisis-prone rivals.     Unforeseen political and economic events have drawn investors toward the safety …

Dollar is the cleanest dirty shirt: McGeever Read More »

By Abhirup Roy, Andrew Hay SAN FRANCISCO (Reuters) -A powerful earthquake of magnitude 7 hit off the coast of a sparsely populated area of northern California on Thursday, prompting coastal towns to evacuate low-lying areas amid a tsunami warning that was later canceled.  No deaths or injuries were reported. There were no reports of major …

Strong quake strikes off California, tsunami warning canceled Read More »

By Rich McKay and Luc Cohen NEW YORK (Reuters) -New York police released new photos on Thursday showing the face of the man suspected of gunning down UnitedHealth executive Brian Thompson in Midtown Manhattan, with the shooter still at large nearly 36 hours after authorities launched a citywide manhunt to track him down. Thompson, the …

Killer of UnitedHealth’s Thompson still at large amid manhunt in New York Read More »

NEW YORK (Reuters) – Citigroup on Thursday announced the promotion of 344 executives in 29 countries to managing directors, known as MD, the bank’s higher officer title. A memo sent to all employees by the executive management committee said this year had one of “the largest MD cohorts in our firm’s history.” The committee also …

Citigroup promotes 344 executives to managing directors Read More »

By David Shepardson CHICAGO (Reuters) -The head of the Federal Aviation Administration said on Thursday that Boeing has not yet resumed producing 737 MAX airplanes following a machinists strike, but plans to begin later this month. FAA Administrator Mike Whitaker this week met with Boeing CEO Kelly Ortberg and toured Boeing’s 737 plant in Renton, …

FAA administrator says Boeing still not producing MAX planes after strike Read More »

By Andy Sullivan, David Morgan and Richard Cowan WASHINGTON -Billionaire Elon Musk and former presidential candidate Vivek Ramaswamy met on Thursday with Republican lawmakers whose support they will need to win the sweeping spending cuts that President-elect Donald Trump has asked them to find. Trump has named two entrepreneurs to a task force that aims …

Elon Musk brings Trump’s government efficiency push to Capitol Hill Read More »