WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said in a letter to Congress that the agency may be unable to meet all of its debt obligations as soon as June 1 if the debt ceiling is not raised, putting new urgency on talks in Congress. The date is sooner than an estimate Treasury made …
QUOTES – US Treasury’s new June 1 debt ceiling X-date Read More »
WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer on Monday set in motion an expedited process for the chamber to consider a clean two-year suspension of the federal debt ceiling, a Schumer spokesman said. The top Senate Democrat also opened the door to talks aimed at crafting a bipartisan agreement on spending and revenue. …
Schumer sets expedited process to consider clean debt ceiling suspension Read More »
By Clotaire Achi and Stephane Mahe PARIS (Reuters) -French police clashed with hundreds of black-clad anarchists in Paris and other cities during union-led protests against President Emmanuel Macron’s increase in the retirement age, as workers staged Labour Day rallies across Europe. Demonstrators pelted Paris police with Molotov cocktails and fireworks, torched building materials and smashed …
French police clash with black-clad anarchists during May Day rallies Read More »
By El Tayeb Siddig and Nafisa Eltahir KHARTOUM (Reuters) -The United Nations warned on Monday that the conflict in Sudan could force 800,000 people to flee the country as battles between rival military factions persisted in the capital despite a supposed ceasefire. Hundreds of people have been killed and thousands wounded over 16 days of …
Sudan conflict could prompt 800,000 people to flee, UN says Read More »
GENEVA(Reuters) – Around a quarter of jobs are set to change in the next five years, according to a survey of employers published on Monday by the World Economic Forum (WEF), the organisation known for its annual meeting in Davos, Switzerland. Some 69 million jobs will be created and 83 million eliminated by 2027, it …
Labour market ‘churn’ ahead with a quarter of jobs changing by 2027 – survey Read More »
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Few investors and bankers could have imagined regulators would allow the largest U.S. lender to buy another bank and become even bigger. Then, Jamie Dimon beat the odds, clinching a deal to buy First Republic Bank on Monday. Now, the JPMorgan Chase & Co CEO …
Analysis: JPMorgan’s takeover of First Republic fuels M&A expectations Read More »
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase & Co could be liable to women who accused Jeffrey Epstein of sexual abuse if they can show that former executive Jes Staley had first-hand knowledge that the financier ran a sex-trafficking venture, a U.S. judge said on Monday. U.S. District Judge Jed Rakoff in Manhattan …
Judge says JPMorgan could be liable for Epstein sex trafficking if Staley knew about it Read More »
By George Obulutsa NAIROBI (Reuters) – The bodies of several children exhumed in eastern Kenya showed signs of starvation and in some cases asphyxiation, a government pathologist said on Monday, as investigators began the first autopsies on over 100 people linked to a doomsday cult. On Monday investigators said they had completed 10 autopsies, comprising …
Initial autopsies show children starved, asphyxiated in Kenyan cult Read More »
By Dawn Chmielewski and Tom Hals (Reuters) – A district board appointed by Florida Governor Ron DeSantis to oversee development around Walt Disney Co’s Florida theme parks sued the company on Monday to void “backroom deals” favorable to the entertainment giant. The state court lawsuit escalates tensions between Disney and the Republican governor and likely …
Florida board picked by DeSantis countersues Disney Read More »
LONDON (Reuters) – Britain’s Prince William and his wife Kate released a new photograph of Princess Charlotte, the granddaughter of King Charles, on Monday, the day before her eighth birthday. Sat on a chair, Charlotte, the third in line to the British throne after her father and brother Prince George, flashed a beaming smile for …
British royals release photo of a beaming Princess Charlotte Read More »
