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Eight dead in Sloviansk strike as Ukrainians said to pull back in Bakhmut

By Kai Pfaffenbach and Manuel Ausloos NEAR BAKHMUT, Ukraine (Reuters) -A Russian missile strike killed eight people in eastern Ukraine on Friday as a British assessment said Ukrainian troops had been forced to withdraw from parts of the city of Bakhmut, the focus of Moscow’s slow advance through the region. Ukrainian troops have been doggedly …

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Wall St dips to lower close as rate hike bets firm, banks jump

By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Federal Reserve interest rate hike, dampening investor enthusiasm after a series of big U.S. bank earnings launched first-quarter reporting season. All three major U.S. stock indexes ended in the red, but …

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U.S. Supreme Court’s Alito temporarily blocks abortion pill curbs

By Andrew Chung WASHINGTON (Reuters) -U.S. Supreme Court Justice Samuel Alito on Friday temporarily halted lower court rulings that set limits on access to the abortion pill mifepristone, giving the nation’s top judicial body time to weigh a bid by President Joe Biden’s administration to defend the drug amid a challenge by anti-abortion groups. The …

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As earnings season begins, S&P 500 forecast looks less weak

By Caroline Valetkevitch NEW YORK (Reuters) – As quarterly U.S. earnings got under way with upbeat reports from JPMorgan Chase & Co and other major banks Friday, analysts marginally brightened their dim outlook for first-quarter U.S. results compared with a week ago. Based on actual results from 30 of the S&P 500 companies and estimates …

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Pence booed at NRA gathering even as he seeks to move right of Trump on guns

By Alexandra Ulmer INDIANAPOLIS, Indiana (Reuters) – Former Vice President Mike Pence was booed at a gathering of the country’s largest gun rights lobby on Friday even as he sought to present himself as a more ardent defender of gun rights than his former boss Donald Trump. Trump, meanwhile, used the same forum on Friday …

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IMF steering committee aims for ‘considerable progress’ on shareholding reforms

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s steering committee on Friday said it would accelerate its discussions on quota reforms at the global lender with an eye to making “considerable progress” by its next meeting in October. Spanish Economy Minister Nadia Calvino, who chairs the International Monetary and Financial Committee …

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Australian man who lived in China arrested for foreign interference

By Lewis Jackson and Kirsty Needham SYDNEY (Reuters) -An Australian man who had recently returned from China was arrested in Sydney on Friday and charged with a foreign interference offence, police, court officials and neighbours of the man said. Alexander Csergo, 55, will appear before Parramatta local court on Saturday to face a charge of …

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Dollar, yields gain as likelihood of Fed rate hike rises

By Herbert Lash NEW YORK (Reuters) – Treasury yields rose and the dollar index bounced off a one-year low on Friday after a decline in U.S. retail sales suggested the economy is slowing but not fast enough to stop the Federal Reserve from raising interest rates again in May. Stocks on Wall Street fell and …

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Tupperware tumbles as cheaper rivals, to-go containers proliferate

By Hilary Russ and Katherine Masters NEW YORK (Reuters) -Tupperware’s financial woes follow a proliferation of free restaurant to-go boxes after a pandemic-era surge in delivery and carryout orders, and an onslaught of competition from cheaper food storage containers like Clorox’s GladWare. Popularized by suburban housewives hawking plastic tubs at private parties in the 1950s, …

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Japan approves $8.1 billion Osaka resort, country’s first casino

(This April 13 story has been corrected to fix initial investment amount to 1.08 trillion yen ($8.1 billion) from 1.8 trillion yen ($13.5 billion) in the headline and paragraph 1) By Kantaro Komiya TOKYO (Reuters) – Japan on Friday approved a plan to build the country’s first casino in the western city of Osaka, paving …

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