Reuters USA

By Patricia Zengerle WASHINGTON (Reuters) – An overwhelming majority of President Joe Biden’s fellow Democrats in the Senate on Wednesday backed a statement reiterating U.S. support of a two-state solution to the Israeli-Palestinian conflict. Forty-nine of the 51 members of the Senate Democratic caucus backed an amendment supporting a negotiated solution to the conflict that …

Nearly all US Senate Democrats back two-state solution for Israel and Palestinians Read More »

By Dietrich Knauth NEW YORK (Reuters) – Sandy Hook conspiracy theorist Alex Jones could exit Chapter 11 bankruptcy by late March or early April, his lawyer said on Wednesday after a judge decided families whom he owes $1.5 billion for lying about the 2012 school shooting can vote on competing plans to resolve their claims. …

Sandy Hook denier Alex Jones eyes late March bankruptcy exit Read More »

By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla expects to start production of its long-anticipated, next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon Musk said on Wednesday. But Tesla shares were down 6.5% in premarket trading as Musk noted that ramping up production of the new vehicle …

Tesla will start making new EV model in second half of 2025 Read More »

By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla expects to start production of its long-anticipated, next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive Elon Musk said on Wednesday. But Tesla shares were down 6.5% in premarket trading as Musk noted that ramping up production of the new vehicle …

Tesla will start making new EV model in second half of 2025 Read More »

By Humeyra Pamuk, Patricia Zengerle and Mike Stone WASHINGTON (Reuters) -U.S. President Joe Biden sent a letter to leaders of key Capitol Hill committees on Wednesday informing them of his intention to begin the formal notification process for the sale of Lockheed Martin F-16 aircraft to Turkey once Ankara completes Sweden’s NATO accession process.In the …

Exclusive-Biden urges US Congress to approve F-16 sale to Turkey ‘without delay’ Read More »

By Humeyra Pamuk, Patricia Zengerle and Mike Stone WASHINGTON (Reuters) -U.S. President Joe Biden sent a letter to leaders of key Capitol Hill committees on Wednesday informing them of his intention to begin the formal notification process for the sale of Lockheed Martin F-16 aircraft to Turkey once Ankara completes Sweden’s NATO accession process.In the …

Exclusive-Biden urges US Congress to approve F-16 sale to Turkey ‘without delay’ Read More »

(Reuters) -Autonomous vehicle technology company Aurora Innovation said on Wednesday it had cut 3% of its workforce as part of a reorganization exercise. Aurora had 1,700 employees by 2022-end, as per the company’s securities filings. “As we move toward commercial launch, we recently reviewed the entire organization to ensure we are working as effectively as …

Autonomous driving firm Aurora lays off 3% staff Read More »

By Pete Schroeder and Michael S. Derby (Reuters) -The Federal Reserve on Wednesday said a funding lifeline created for banks last year after the collapse of Silicon Valley Bank threatened to spark a wider financial crisis would close as scheduled in March. The Fed also will immediately raise the interest rate on new loans from …

Fed to allow emergency bank lending program expire on March 11 Read More »

By Pete Schroeder and Michael S. Derby (Reuters) -The Federal Reserve on Wednesday said a funding lifeline created for banks last year after the collapse of Silicon Valley Bank threatened to spark a wider financial crisis would close as scheduled in March. The Fed also will immediately raise the interest rate on new loans from …

Fed to allow emergency bank lending program expire on March 11 Read More »