By Rodrigo Viga Gaier and Tatiana Bautzer RIO DE JANEIRO/SAO PAULO (Reuters) -A Brazilian court said on Friday Americanas SA could be liable to repay up to 40 billion reais ($7.9 billion) in debt earlier than planned, if the retailer is found in breach of covenant after reporting “accounting inconsistencies.” A group representing minority shareholders …
By Kanishka Singh and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday the United States will likely hit the $31.4 trillion statutory debt limit on Jan. 19, forcing the Treasury to launch extraordinary cash management measures that can likely prevent default until early June. “Once the limit is reached, Treasury will …
Yellen warns of U.S. default risk by early June, urges debt limit hike Read More »
By Dan Whitcomb (Reuters) -A 25-pound (11.3-kg) clouded leopard that escaped its habitat at the Dallas zoo and remained at large for more than six hours while officials shut down the park and issued a special “Code Blue” alert, was found safe on Friday afternoon, zoo officials said. Nova, a 3- to 4-year-old female, had …
Escaped clouded leopard at Dallas Zoo is found safe Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 and Nasdaq finished at their highest levels in a month on Friday, with shares of JPMorgan Chase and other banks rising following their quarterly results, which kicked off the earnings season. All three major indexes also registered strong gains for the week, leaving the S&P …
S&P 500 ends at highest in month, indexes gain for week as earnings kick off Read More »
By Gram Slattery and David Morgan WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives launched an investigation on Friday into the Justice Department’s handling of improperly stored classified documents possessed by President Joe Biden, and questioned whether his son, Hunter, had access to any. In a Jan. 13 letter to Attorney General Merrick …
House Republicans probe Biden documents, ask if Hunter had access Read More »
By Rich McKay and Tyler Clifford ATLANTA (Reuters) -At least nine people died in tornadoes that destroyed homes and knocked out power to tens of thousands in the U.S. Southeast, local officials said on Friday, and the death toll in hard-hit central Alabama was expected to rise. The storms on Thursday stretched from Mississippi to …
Nine dead, more casualties expected after tornadoes rip through U.S. Southeast Read More »
(Reuters) – David Kessler, who led the COVID-19 vaccine distribution efforts for the United States, is stepping down from President Joe Biden’s administration, the Department of Health and Human Services confirmed on Friday. Kessler, a pediatrician and lawyer who headed the U.S. Food and Drug Administration under presidents George H.W. Bush and Bill Clinton, will …
Biden administration vaccine drive leader David Kessler to step down Read More »
By David Shepardson WASHINGTON (Reuters) -A group of more than 120 U.S. lawmakers told the Federal Aviation Administration’s (FAA) its computer outage on Wednesday that disrupted 11,000 flights was “completely unacceptable” and demanded the agency explain how it will avoid future incidents. House Transportation Committee Chair Sam Graves and the top Democrat on the panel …
U.S. lawmakers call FAA outage ‘unacceptable,’ demand a fix Read More »
By Marco Aquino LIMA (Reuters) -Peru’s attorney general has launched 11 inquiries to identify those responsible for more than three dozen mostly civilian deaths during some of the country’s most violent social protests in years, her office said on Friday, as some of the president’s top Cabinet members announced their resignation. The ouster of leftist …
Peru’s chief prosecutor launches probes into protest deaths amid Cabinet shakeup Read More »
By Brendan Pierson (Reuters) – The U.S. Supreme Court on Friday agreed to consider reviving two lawsuits accusing pharmacy operators of overbilling government health insurance programs for prescription drugs, a dispute that could have broad implications for whistleblowers and the government’s ability to go after fraud. The key question in both cases is whether companies …
U.S. Supreme Court to weigh key standard in whistleblower fraud cases Read More »
