Reuters USA

By Jarrett Renshaw (Reuters) – President Joe Biden plans to ask Congress to provide $1.6 billion in new funding to tackle fraud tied to U.S. pandemic relief programs and help victims of identity theft, the White House said. The push, led by White House adviser Gene Sperling, will seek to demonstrate renewed toughness on pandemic …

Biden seeks $1.6 billion to tackle COVID relief fraud ahead of Republican probes Read More »

MEXICO CITY (Reuters) -Tesla will open a gigafactory in Mexico, Chief Executive Elon Musk said on Wednesday, as the electric vehicle behemoth pushes to expand its global output. Mexico on Tuesday said Tesla had chosen the northern border state of Nuevo Leon for a new factory worth more than $5 billion, calling it the “the …

Tesla plans gigafactory in first Mexico investment Read More »

By Trevor Hunnicutt BALTIMORE (Reuters) -U.S. President Joe Biden said on Wednesday that other pharmaceutical companies will have to lower their insulin prices in the wake of Eli Lilly’s decision to slash its prices for the popular diabetes treatment. Eli Lilly said on Wednesday it will cut list prices by 70% for its most commonly …

Biden says other companies will slash insulin prices after Eli Lilly move Read More »

(Reuters) – The U.S. State Department has approved the potential sale of F-16 munitions and related equipment to Taiwan in a deal valued at $619 million, the Pentagon said on Wednesday. The Pentagon said Raytheon Technologies and Lockheed Martin were the principal contractors. (Reporting by Eric Beech and Costas Pitas)

By Joe Skipper and Steve Gorman CAPE CANAVERAL, Florida (Reuters) – Elon Musk’s rocket company SpaceX was ready to try again at sending NASA’s next long-duration crew of the International Space Station to orbit on Thursday, about 72 hours after a first attempt was scrubbed due to a clogged filter in the launch system. Two …

SpaceX ready to retry launching NASA’s next space station crew Read More »

(Reuters) – A Russian defence ministry journal says Moscow is developing a new type of military strategy using nuclear weapons to protect against possible U.S. aggression, RIA news agency reported on Thursday. The article is the latest in a series of combative remarks by Russian politicians and commentators after the invasion of Ukraine on Feb. …

Russia journal: Moscow mulls possible use of nuclear arms to fend off US attack -RIA Read More »

SYDNEY (Reuters) – Australia’s central bank is launching 14 pilot projects with the financial industry to develop real world applications for a digital Australian dollar, with the focus on business use rather than a new public means of exchange. The Reserve Bank of Australia (RBA) said proposed uses for a central bank digital currency (CBDC) …

Australia’s central bank pairs with industry on digital A$ projects Read More »

By David Morgan WASHINGTON (Reuters) – A Republican bill to prevent pension fund managers from basing investment decisions on factors like climate change cleared Congress on Wednesday, setting up a confrontation with President Joe Biden, who is expected to veto the measure. The U.S. Senate voted 50-46 to adopt a resolution to overturn a Labor …

U.S. Congress votes to block ESG investing, Biden veto expected Read More »