By Tyler Clifford (Reuters) -A chemical plant in northern Illinois went up in flames on Wednesday morning, sending up plumes of black smoke and prompting officials to advise nearby residents to shelter in place as emergency crews responded to the blaze. The fire broke out at the Carus Chemical Company complex in LaSalle, a city …
Fire rages at Illinois chemical plant, residents ordered to shelter Read More »
TOKYO (Reuters) -The Bank of Japan will review the side-effects of its monetary easing at next week’s policy meetings and may take additional steps to correct distortions in the yield curve, the Yomiuri newspaper reported on Thursday. The BOJ stunned markets last month by widening the band around its 10-year bond yield target, a move …
BOJ to review side-effects of massive easing at next week’s meeting -Yomiuri Read More »
By Humeyra Pamuk WASHINGTON (Reuters) – The United States has not received any specific requests from Brazil over the storming of Brazil’s top institutions in Brasilia by supporters of former President Jair Bolsonaro, U.S. Secretary of State Antony Blinken said on Wednesday. “We’ve not received any specific requests from Brazilian authorities. Of course, if and …
Blinken says no request so far from Brazil over events of Jan. 8 Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended up sharply on Wednesday, with the S&P 500 and Nasdaq gaining more than 1% each as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on its aggressive interest rate hikes. The much-anticipated report due on …
Wall St ends sharply higher on optimism before key inflation report Read More »
By Gram Slattery and Moira Warburton WASHINGTON (Reuters) – Embattled U.S. Representative George Santos said he had no plans to heed fellow New York Republicans’ calls to step down, a plea they made on Wednesday due to what they called “lie after lie after lie” about his career and history. Top House of Representatives Republican …
Embattled George Santos defies New York Republicans’ call to step down Read More »
By Steve Scherer OTTAWA (Reuters) – Canada and Mexico have won their challenge to the U.S. interpretation of content rules for autos under the new North American trade pact, a dispute panel ruled on Wednesday, a decision that favors parts makers north and south of the U.S. border. A year ago Canada and Mexico filed …
Canada, Mexico win auto rules trade dispute with U.S. Read More »
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. U.S. inflation will set off the global market fireworks on Thursday and beyond, but there are a couple of other potential rockets that could spark Asian markets into life before that – Chinese and Indian inflation data. China, …
(Reuters) -U.S. President Joe Biden said in an opinion piece in the Wall Street Journal that Democrats and Republicans need to come together to pass strong bipartisan legislation in order to hold major tech companies accountable. Most importantly, Biden said he wanted to see “serious federal protections for Americans’ privacy,” including putting limits on how …
Biden says Republicans, Democrats should unite against Big Tech ‘abuses’ -WSJ Read More »
By Patricia Zengerle WASHINGTON (Reuters) – The U.S. House of Representatives voted overwhelmingly on Tuesday to create a select committee on China, using one of its first votes since Republicans took control to stress members’ desire to counter Beijing’s growing international influence. The House voted 365 to 65 in favor of a resolution establishing the …
New U.S. House creates committee focused on competing with China Read More »
By David Shepardson WASHINGTON (Reuters) -U.S. lawmakers will review the cause of a Federal Aviation Administration computer system outage overnight on Tuesday that sparked a nationwide ground stop and delayed or canceled more than 10,000 U.S. flights. Senate Commerce Committee Chair Maria Cantwell, a Democrat, said on Wednesday that the panel “will be looking into …
U.S. Congress to investigate FAA computer outage that snarled flights Read More »
