By Timothy Gardner WASHINGTON (Reuters) – The Biden administration said on Thursday it is offering $1.2 billion in aid to extend the life of distressed nuclear power plants which, for the first time, could offer funding to a plant that has recently closed. President Joe Biden’s climate team believes nuclear power is a crucial source …
Biden admin offers $1.2 billion for distressed, shut nuclear plants Read More »
By Suzanne Smalley (Reuters) – The White House on Thursday announced a new cybersecurity strategy in the latest effort by the U.S. government to bolster its cyber defenses amid a steady increase in hacking and digital crimes targeting the country. The strategy, which is intended to guide future policy, urges tighter regulation of existing cybersecurity …
U.S. unveils new cybersecurity strategy with tighter regulations Read More »
By Scott Murdoch, Nandan Mandayam and Yousef Saba SYDNEY/BENGALURU (Reuters) -Adani shares surged on Friday after a $1.87 billion investment in the group by GQG Partners Inc eased concerns about the group’s ability to attract funding, while the conglomerate lined up more road shows to shore up investor confidence. The stake purchase by the boutique …
Adani shares surge after $1.87 billion GQG investment; more road shows lined up Read More »
By Nathan Layne (Reuters) -A South Carolina jury on Thursday found Richard “Alex” Murdaugh guilty of killing his wife and son, convicting the once-influential attorney of murder in a case that has gripped the nation’s attention for nearly two years. The 12-person jury declared Murdaugh, 54, guilty on two counts of murdering his wife Maggie, …
South Carolina lawyer Alex Murdaugh found guilty of murdering wife and son Read More »
By Jacqueline Thomsen (Reuters) -The U.S. Justice Department on Thursday urged an appeals court to reject former President Donald Trump’s claim that he is automatically immune from lawsuits over his supporters’ assault on the U.S. Capitol on Jan. 6, 2021. The U.S. Court of Appeals for the District of Columbia Circuit had asked for the …
US Justice Dept seeks rejection of Trump immunity claim in Jan. 6 lawsuits Read More »
By Ann Saphir and Howard Schneider (Reuters) -A virtual event with Federal Reserve Governor Christopher Waller was canceled on Thursday after the Zoom video conference was “hijacked” by a participant who displayed pornographic images. “We were a victim of a teleconference or Zoom hijacking and we are trying to understand what we need to do …
Porn Zoom bomb forces cancellation of Fed’s Waller event Read More »
By Marcela Ayres BRASILIA (Reuters) -Brazil’s economy shrank in the fourth quarter, official data showed on Thursday, adding to an overall slowdown last year as President Luiz Inacio Lula da Silva again blasted the central bank for high interest rates impeding a swifter recovery. The economy contracted 0.2% in the October-to-December period, compared with the …
Brazil’s economy stalled last year; Lula blames high borrowing costs Read More »
By Seher Dareen (Reuters) – Gold prices edged lower on Thursday as the U.S. weekly jobs data hinted at a tight labour market that could keep the Federal Reserve on its rate-hiking cycle, underpinning the dollar and Treasury yields. Spot gold was down 0.1% at $1,835.03 per ounce by 01:48 p.m. ET (1848 GMT), after …
Gold eases as stronger U.S. dollar, yields dent appeal Read More »
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank. In an argument for quarter-point hikes, Bostic said he favored “slow and steady” as …
By Jason Cairnduff LONDON (Reuters) – The head of Britain’s security services said on Thursday he was profoundly sorry his spies had missed a “significant” opportunity to prevent a deadly 2017 suicide bombing at the end of an Ariana Grande pop concert in Manchester. Twenty-two people – the youngest aged eight – died and more …
UK spy chief sorry for failing to stop Manchester concert bombing – inquiry Read More »
