Reuters USA

Republicans to hold their first presidential debate in Wisconsin

By Tim Reid (Reuters) – The U.S. Republican Party’s presidential candidates will hold their first debate of the primary season in the battleground state of Wisconsin in August, the party announced on Thursday. The Republican National Committee’s debates committee voted to hold the debate in Milwaukee, and wants all participating candidates to sign a loyalty …

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Bankman-Fried faces more criminal charges, allegedly hid political donations

By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) – Sam Bankman-Fried was hit with new criminal charges on Thursday, in an expanded indictment accusing the founder of the now-bankrupt FTX cryptocurrency exchange of conspiring to make more than 300 illegal political donations. Bankman-Fried now faces 12 criminal charges, including four for fraud and eight …

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U.S. regulators warn banks to be on alert for crypto-related liquidity risks

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Top U.S. banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related clients, cautioning some of their deposits could prove volatile. In a joint statement issued Thursday, the Federal Reserve, Federal Deposit Insurance Corporation, and the Office of the …

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Could a Trump grand juror’s comments affect possible Georgia charges?

By Jack Queen (Reuters) – Media interviews given by the foreperson of the Georgia grand jury that investigated former President Donald Trump’s attempt to overturn his 2020 election loss in the state present a public relations problem for prosecutors but need not stop them from bringing charges if warranted, according to legal experts. The foreperson, …

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U.S. Justice Dept seeks to search Republican congressman’s cellphone in Jan. 6 probe

By Sarah N. Lynch and Jacqueline Thomsen WASHINGTON (Reuters) -A U.S. Justice Department attorney urged a federal appeals court on Thursday not to block a Republican congressman’s cellphone from investigators working on a probe into efforts by then-President Donald Trump to overturn the result of the 2020 election. U.S. Representative Scott Perry – a Trump …

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Dollar General’s 2023 profit forecast underwhelms after storm-hit quarter

By Ananya Mariam Rajesh (Reuters) -Dollar General Corp on Thursday forecast full-year profit well below expectations after cutting its earnings estimate for the all-important holiday quarter on heavy discounts, higher costs and inventory damage due to winter storm Elliott. Shares of the top U.S. dollar store fell about 4% in early trade. Rival Dollar Tree’s …

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Earthquake will keep Turkish inflation above 40%, additional budget needed -official

By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) – Turkey’s devastating earthquake will keep inflation above 40% in the run-up to elections scheduled for June and will necessitate an additional budget, a government official and four economists said. They predict that the Feb. 6 earthquake, which killed more than 43,000 people in Turkey, will cost …

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GE ‘well aligned’ with Boeing and Airbus production schedules, says CEO

CHICAGO (Reuters) – General Electric is “well aligned” with production schedules for both Boeing and Airbus this year, Chief Executive Larry Culp said on Thursday. GE and other jet engine makers are grappling with shortages of labor, parts and raw materials, making it tougher for aircraft makers to increase production. Earlier this month, Boeing said …

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