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Month: June 2024

White House seeks $4 billion more in funding from Congress for disaster needs
General

White House seeks $4 billion more in funding from Congress for disaster needs

(Reuters) – The White House is seeking an additional $4 billion in funding from Congress for disaster needs, including to…

June 28, 2024

Fed gets heartening inflation data, but slow road ahead

By Ann Saphir and Howard Schneider (Reuters) – U.S. Federal Reserve officials got encouraging data on Friday suggesting inflation is…

June 28, 2024

US pending home sales fall in May

WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes unexpectedly fell in May, indicating sales could remain subdued for…

June 27, 2024June 27, 2024
Meta must face lawsuit claiming it prefers foreign workers over US citizens
General

Meta must face lawsuit claiming it prefers foreign workers over US citizens

By Daniel Wiessner (Reuters) -A U.S. appeals court on Thursday revived a software engineer’s proposed class action claiming Meta Platforms…

June 27, 2024June 27, 2024
Factbox-Bankruptcy cases to watch after US Supreme Court Purdue Pharma ruling
Business

Factbox-Bankruptcy cases to watch after US Supreme Court Purdue Pharma ruling

(Reuters) – The U.S. Supreme Court’s ruling on Thursday scuttling OxyContin maker Purdue Pharma’s bankruptcy settlement could have a sweeping…

June 27, 2024June 27, 2024
Top US carriers say roaming customers facing connectivity issues
General

Top US carriers say roaming customers facing connectivity issues

(Reuters) – Major U.S. telecom service providers said on Thursday some of their users traveling overseas were having connectivity problems…

June 27, 2024June 27, 2024
New York transit agency votes to indefinitely halt Manhattan congestion pricing
General

New York transit agency votes to indefinitely halt Manhattan congestion pricing

By David Shepardson and Jonathan Allen (Reuters) – A New York transit agency voted on Wednesday to indefinitely halt congestion…

June 26, 2024June 26, 2024
Biden awards up to $75 million in CHIPS Act grant to Entegris
Business

Biden awards up to $75 million in CHIPS Act grant to Entegris

(Reuters) – American Chip manufacturing supplier Entegris said on Wednesday that it has inked a preliminary deal with the Biden…

June 26, 2024June 26, 2024
Amazon hits $2 trillion in valuation on AI fervor, rate cut bets
Business

Amazon hits $2 trillion in valuation on AI fervor, rate cut bets

(Reuters) -Amazon.com Inc hit $2 trillion in market value for the first time on Wednesday, becoming the fifth U.S. company…

June 26, 2024June 26, 2024
US Supreme Court gives pharma companies a chance to thwart terrorism-funding lawsuit
General

US Supreme Court gives pharma companies a chance to thwart terrorism-funding lawsuit

By Mike Scarcella WASHINGTON (Reuters) -The U.S. Supreme Court gave a boost on Monday to a challenge by 21 pharmaceutical…

June 26, 2024June 26, 2024

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