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June 9, 2021

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EXCLUSIVE-Biden’s electric vehicle plan includes battery recycling push

Reuters
By Trevor Hunnicutt, Ernest Scheyder June 4 (Reuters) – President Joe Biden’s strategy to make the United States a powerhouse in electric vehicles will include boosting domestic recycling of batteries to reuse lithium and other metals, according to government officials. As Biden makes fighting climate change and competing with China......

John Warner, longtime US senator from Virginia, dies at 94 | CNN Politics

CNN
USA TODAY – For more and to sign up click here (CNN) —   Former Sen. John Warner, who represented Virginia in the US Senate for three decades, has died, a former staff member told CNN. He was 94. Warner died peacefully on Tuesday evening of heart failure, surrounded by......

Here’s a complete list of destinations opening to vaccinated travelers

CNBC
CNBC – For more and to sign up click here The list of places that’s welcoming vaccinated people is growing by the week. Proof of vaccines is easing travel restrictions to some places, and is the only way travelers can gain entrance to others. Yet from health forms to testing......

AT&T beats revenue, wireless subscribers estimates

Reuters
April 22 (Reuters) – AT&T Inc’s wireless subscriber additions more than doubled first-quarter estimates, as the reopening of the U.S. economy after months of pandemic-led restrictions boosted its smartphone sales and media business, pushing revenue past Street targets. The company said on Thursday it added 595,000 net wireless phone subscribers......

Economy far from central bank’s goals but outlook brightening, Fed’s Mester says

Reuters
FILE PHOTO: Cleveland Federal Reserve Bank President Loretta Mester speaks in London, Britain, July 2, 2019. REUTERS/Marc Jones/File Photo (Reuters) -The U.S. economy still has a long way to go to fully recover from the crisis caused by the coronavirus pandemic, which hit minorities and people with lower levels of......

Bank of America profit more than doubles on reserve release boost

Reuters
FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo (Reuters) – Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had......

Senate votes to confirm Mallory to lead White House environmental council

Reuters
WASHINGTON, April 14 (Reuters) – The U.S. Senate voted 53-45 to confirm Brenda Mallory as head of the White House Council on Environmental Quality (CEQ), a key role that is central to federal environmental reviews of major infrastructure projects and coordinating the administration’s environmental justice and climate change policies. Mallory......

EU Commission to end AstraZeneca and J&J vaccine contracts at expiry – paper

Reuters
MILAN (Reuters) – The EU Commission has decided not to renew COVID-19 vaccine contracts next year with AstraZeneca and Johnson & Johnson (J&J), Italian daily La Stampa reported on Wednesday, citing a source from the Italian health ministry. “The European Commission, in agreement with the leaders of many (EU) countries,......

Taliban, Afghan government to attend peace talks in Turkey April 24

Reuters
ANKARA (Reuters) – Turkey will host a major summit on Afghanistan’s peace process in Istanbul from April 24 to May 4, its foreign ministry said on Tuesday, adding representatives from the Taliban and Afghan government would both attend the talks. The meeting includes the United Nations and Qatar as part......

U.S. expresses support for Japan’s release of Fukushima nuclear plant water

Reuters
FILE PHOTO: The storage tanks for treated water are seen at the tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima prefecture, Japan March 1, 2021. REUTERS/Sakura Murakami TOKYO (Reuters) – The United States on Tuesday said Japan “appears to have adopted an approach in accordance with globally accepted......

U.S. was not involved in Iran nuclear site incident: White House

Reuters
WASHINGTON (Reuters) – The United States was not involved in any attack on Iran’s key Natanz nuclear site and has no comment on speculation about the cause of the incident, the White House said on Monday. Reporting by Nandita Bose and Trevor Hunnicutt Source – For more click here To......

Business sentiment improves as firms look past pandemic, Bank of Canada says

Reuters
OTTAWA (Reuters) – Business sentiment in Canada continues to improve and many firms consider the impacts of the COVID-19 pandemic behind them, though the outlook remains challenging for high-contact services, a Bank of Canada survey showed on Monday. FILE PHOTO: A sign is pictured outside the Bank of Canada building......

Sterling recovers; long positions shrink to nine-week low

Reuters
* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv LONDON, April 12 (Reuters) – The pound rose on Monday, recovering partly after a weekly loss, while CFTC data showed that speculators’ net long positions fell to a nine-week low as market participants split......

Korean battery firms set to announce deal to resolve U.S. trade dispute – sources

Reuters
FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. REUTERS/Kim Hong-Ji/File Photo/File Photo/File Photo/File Photo WASHINGTON (Reuters) – Korean battery makers LG Chem and rival SK Innovation Co are expected to announce a settlement on Saturday in a trade......

Korean battery firms set to announce deal to resolve U.S. trade dispute – sources

Reuters
FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. REUTERS/Kim Hong-Ji/File Photo/File Photo/File Photo/File Photo WASHINGTON (Reuters) – Korean battery makers LG Chem and rival SK Innovation Co are expected to announce a settlement on Saturday in a trade......

China regulators fine Alibaba $2.75 billion for anti-monopoly violations

Reuters
FILE PHOTO: The logo of Alibaba Group is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter/File Photo/File Photo SHANGHAI (Reuters) -Chinese regulators have fined Alibaba 18 billion yuan ($2.75 billion) – around 4% of its revenues in 2019 – for violating anti-monopoly rules and abusing its......

Vaccitech, startup behind AstraZeneca-Oxford’s COVID-19 vaccine, files for U.S. IPO

Reuters
FILE PHOTO: Vials of Oxford/AstraZeneca’s COVID-19 vaccine are pictured at a vaccination centre in Bierset, Belgium March 17, 2021. REUTERS/Yves Herman/File Photo (Reuters) – Biotech startup Vaccitech Plc, which owns the technology behind the COVID-19 vaccine developed by Oxford University and AstraZeneca Plc, filed for a U.S. initial public offering......

Canada adds 303,100 jobs in March, unemployment rate falls to 7.5%

Reuters
FILE PHOTO: A sign advertising available jobs at the Clocktower Brew Pub hangs in a window in Ottawa, Ontario, Canada, November 9, 2017. REUTERS/Chris Wattie OTTAWA (Reuters) – Canada added 303,100 jobs in March, easily beating expectations, and the unemployment rate fell to 7.5%, its lowest point since the beginning......

Djibouti president seen winning fifth term in election

Reuters
NAIROBI, April 9 (Reuters) – Voters head to the polls on Friday in the tiny but strategically important Horn of Africa nation Djibouti, with President Ismael Omar Guelleh widely expected to win a fifth term and extend his 21-year-long rule. Djibouti lies on one of the world’s busiest shipping routes,......

Big $40 million options trade bets on near-term stock market tumble

Reuters
NEW YORK, April 8 (Reuters) – A massive trade in the U.S. options market on Thursday appears to be betting that the calm enveloping U.S. stocks in recent weeks will give way to a big rise in volatility over the next three months. One or more traders laid out a......

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