Reuters USA

By Jonathan Stempel (Reuters) -A U.S. judge on Friday dismissed a lawsuit accusing Robinhood Markets Inc of misleading investors about the online brokerage’s financials and growth prospects when conducting its 2021 initial public offering. U.S. District Judge Edward Chen in San Francisco found no proof that disclosures in Robinhood’s IPO materials were false or misleading, …

Robinhood wins dismissal of shareholder lawsuit over 2021 IPO Read More »

By Joseph Ax (Reuters) -Florida’s legislature on Friday voted to expand Governor Ron DeSantis’ controversial effort to relocate migrants anywhere in the United States and bolster his election police force, backing some of the Republican’s top priorities ahead of a widely anticipated 2024 White House campaign. The Republican-controlled House of Representatives approved the legislation along …

Florida lawmakers back DeSantis on transporting migrants, policing elections Read More »

PUNTA ARENAS, Chile (Reuters) – In Chile’s remote south, the country’s gateway to the Antarctic, the worst drought in half a century is hitting cattle ranchers and vegetable farmers, leaving the earth so dry in some areas that grass cannot grow for grazing. The Andean copper producing nation, currently battling deadly fires in the south-central …

‘The grass does not grow’: In Chile’s far south, the worst drought in 50 years Read More »

(Reuters) – U.S. Senator John Fetterman was discharged from George Washington University Hospital on Friday, his staff said, two days after he was admitted to the Washington, D.C., facility because he was feeling lightheaded. Fetterman, 53, suffered a stroke last year. Tests showed he did not suffer a second stroke during the latest incident, the …

U.S. Senator Fetterman discharged from hospital Read More »

By Brendan Pierson (Reuters) – Dozens of U.S. state attorneys general on Friday weighed in on a lawsuit seeking a court order blocking access nationwide to a drug used in medication abortion, with Republicans in support of the lawsuit and Democrats warning of “devastating consequences” if it succeeds. In the lawsuit, filed last year in …

U.S. states, others weigh in on court battle over abortion pill Read More »

By Dawn Chmielewski (Reuters) -Florida lawmakers on Friday granted Governor Ron DeSantis effective control of the board that oversees development in and around Walt Disney Co’s central Florida theme parks, escalating the Republican’s battle with the company. State Republicans targeted Disney after it publicly clashed with DeSantis last year over a law that restricts classroom …

Florida governor gains control over Disney district board Read More »

By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker said on Friday the surprisingly strong jobs data reported last week did not alter his view that moving to smaller interest rate rises was a good strategy for the U.S. central bank, as he flagged the prospect of rate cuts in …

Fed’s Harker says small rate hikes on table, opens door to cuts next year Read More »

By David Lawder WASHINGTON (Reuters) -The U.S. government posted a $39 billion budget deficit for January after a $119 billion monthly surplus a year earlier, as revenues dipped and one-time costs, including the bailout of a union pension fund, pushed outlays sharply higher, the Treasury Department said on Friday. The report, which comes as Treasury …

U.S. posts $39 billion January deficit after pension fund bailout Read More »