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Around 70% of Haitians back international force to fight gangs, survey says

(Reuters) – Around seven in 10 people in Haiti back proposed creation of an international force to help the national police fight violence from armed gangs who have expanded their territory since the 2021 assassination of President Jovenel Moise, according to a survey carried out in January. Some 69% of nearly 1,330 people across Haiti …

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‘Four more years’: Democratic loyalists embrace Biden 2024 plan

By Jarrett Renshaw and Trevor Hunnicutt PHILADELPHIA/WASHINGTON (Reuters) -Establishment Democrats gathered this weekend in Philadelphia have one message for U.S. President Joe Biden as he weighs running for a second term: Run, Joe, run. “I am looking forward to supporting the president,” Sharif Street, head of Pennsylvania’s Democratic Party, said at the party’s conference in …

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Brazil’s Americanas board to remove top executives after accounting scandal

SAO PAULO (Reuters) – Brazilian retailer Americanas SA said on Friday its board had decided to remove three directors and three executives amid investigations over so-called accounting inconsistencies. Americanas, backed by the billionaire trio that founded investment firm 3G Capital, entered bankruptcy protection last month after disclosing “inconsistencies” in its accounting worth 20 billion reais …

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Argentina likely to see inflation tick up this year -analysts

BUENOS AIRES (Reuters) – Analysts consulted by Argentina’s central bank expect surging consumer prices to rise slightly this year, the bank said on Friday, which would mark a second straight year of near triple-digit inflation for South America’s second-biggest economy. Consumer prices are seen rising by an annual rate of 97.6% in 2023, according to …

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U.S. jury finds Tesla and Musk not liable in case over take-private tweet

(Reuters) – A U.S. jury on Friday found Tesla Inc and CEO Elon Musk not liable in a securities fraud case over a tweet that he had lined up funding to take the electric car company private. Plaintiffs have claimed billions in damages and the decision also had been seen as important for Musk himself, …

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Wall Street ends down after stunning jobs growth raises Fed questions

By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – Major U.S. stock indexes ended lower on Friday after surprisingly strong jobs data sparked concerns about aggressive Federal Reserve action, while investors digested a mixed bag of megacap company earnings reports. The S&P 500 still posted a gain for the week, which included a …

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Honda issues ‘Do Not Drive’ warning for 8,200 U.S. vehicles over air bag risks

By David Shepardson WASHINGTON (Reuters) -Honda Motor Co on Friday issued a “Do Not Drive” warning for 8,200 Acura and Honda vehicles with unrepaired Takata air bag inflators in the United States. The urgent warning covers various 2001-2003 model year Honda Accord, Civic CR-V and Odyssey, Pilot and Acura 3.2CL and 3.2 TL vehicles with …

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Fed seen hiking policy rate above 5% as job gains surge

By Ann Saphir (Reuters) – The U.S. Federal Reserve is likely to need to lift the benchmark rate above 5% and keep it there to squeeze too-high inflation out of an economy where the labor market remains strong even after nearly a year of the most aggressive round of Fed rate hikes in 40 years. …

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Jobs report jolts Wall Street bulls as inflation fears return

By Davide Barbuscia NEW YORK (Reuters) – Much stronger-than-expected U.S. job growth stopped early-year rallies in stocks and bonds dead in their tracks on Friday, forcing Wall Street to recalibrate expectations for how much more hawkish the Federal Reserve will need to be in its fight against inflation. An unexpectedly dovish message from Fed Chair …

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Brazil’s finance ministry to back minimum wage increase starting in May -sources

By Bernardo Caram BRASILIA (Reuters) – Brazil’s finance ministry sees room for leftist President Luiz Inacio Lula da Silva to raise the minimum wage as of May at a cost of up to 5 billion reais ($975 million) to the government, two sources in the ministry told Reuters on Friday. The sources, who spoke on …

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