By James Oliphant DAVENPORT, Iowa (Reuters) -Former President Donald Trump came to Iowa on Monday just days after Florida Governor Ron DeSantis visited the key early voting state and leaned into some of the culture-war battles that have propelled the political fortunes of his potential presidential rival. Speaking to a crowd in a Davenport, Iowa …
Trump wades into education culture war as he eyes race with DeSantis Read More »
SAO PAULO (Reuters) – Brazilian cosmetic maker Natura & Co on Monday reported a fourth-quarter net loss of 890.4 million reais ($169.7 million), as it reported lower revenues across all its business lines. The result compares the 695.5 million-real net profit it recorded a year earlier. Natura reported net revenues down 11% at 10.39 billion …
Brazil’s Natura swings to loss as revenue shrinks across cosmetics lines Read More »
By Daniel Wiessner (Reuters) – A California state appeals court on Monday revived a ballot measure allowing app-based services such as Uber Technologies Inc and Lyft Inc LYFT.O> to treat drivers as independent contractors rather than employees, in a major victory for the industry. A three-judge panel of the San Francisco-based court reversed a lower …
California court upholds treating app-based drivers as contractors Read More »
By Jonathan Stempel WASHINGTON (Reuters) – The U.S. government on Monday sued Rite Aid Corp, accusing the pharmacy chain of missing “red flags” as it illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids. In a complaint filed in Cleveland federal court, the Department of Justice said Rite Aid repeatedly filled prescriptions …
TOKYO (Reuters) – Mitsubishi Motors Corp plans for hybrid and battery electric vehicles to account for all new car sales by the middle of the next decade, beefing up its electrification strategy for staying competitive in key markets. Mitsubishi, which is also a junior partner in an alliance with France’s Renault SA and Nissan Motor …
Mitsubishi Motors to sell only EVs, hybrids by mid-2030s Read More »
MEXICO CITY (Reuters) – At least seven people who died over the weekend when two fishing boats capsized off the coast of San Diego, California are presumed to be Mexican nationals, Mexico’s consulate in San Diego said Monday. In a statement, the consulate said seven of the eight bodies so far recovered were thought to …
Seven of dead from San Diego boat capsizes believed to be Mexican: Mexico Read More »
SYDNEY (Reuters) – Australian consumer sentiment stayed stuck at historically depressed levels in March amid concerns over inflation and interest rates, a survey showed on Tuesday, with the appetite for buying big-ticket items especially weak. The Westpac-Melbourne Institute index of consumer sentiment was unchanged in March, following a dive of 6.9% the month before. The …
Australia consumer mood stuck in the doldrums in March Read More »
By David Carnevali NEW YORK (Reuters) – Sliding bank shares dragged Wall Street down on Monday with investors worried about contagion from the Silicon Valley Bank collapse, but trade was choppy and the Nasdaq composite actually ended higher as some sectors benefited from hopes the Federal Reserve could ease up on interest rates hikes. SVB …
Sliding bank shares drag Wall Street down in choppy trade Read More »
By Karen Freifeld (Reuters) – Michael Cohen, Donald Trump’s former lawyer and fixer, testified on Monday afternoon before a Manhattan grand jury investigating a hush money payment he has said he orchestrated to porn star Stormy Daniels on behalf of the former president. “This is all about accountability. He needs to be held accountable for …
Former Trump lawyer Michael Cohen testifies before grand jury Read More »
By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK (Reuters) -The International Monetary Fund (IMF) and Argentina reached a staff-level agreement on the fourth review of their $44 billion loan program, the IMF said in a statement on Monday, confirming that some economic targets for the country could be eased. The IMF staff said that …
IMF staff OK Argentina loan review, say targets could be eased Read More »
