36.23 F
New York
January 20, 2021

United States

As he leaves office, Trump pardons former top strategist Bannon

Reuters
WASHINGTON (Reuters) – U.S. President Donald Trump has granted clemency to former White House aide Steve Bannon as part of a wave of pardons and commutations he will issue during his final hours in office, a senior administration official said. FILE PHOTO: Former White House Chief Strategist Steve Bannon exits......

FCC rejects request by U.S. agencies to halt Ligado network approval

Reuters
FILE PHOTO: Signage is seen at the headquarters of the Federal Communications Commission in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly WASHINGTON (Reuters) – The Federal Communications Commission late Tuesday voted 3-2 to reject a bid by U.S. government agencies to freeze its decision to allow Ligado Networks to......

Oil extends gains on hopes of U.S. stimulus and crude stocks drawdown

Reuters
MELBOURNE (Reuters) – Oil prices rose in early trade on Wednesday, adding to solid gains overnight, on expectations the incoming U.S. administration will go ahead with massive stimulus spending that would boost fuel demand and draw down crude stocks. FILE PHOTO: An oil worker walks toward a drill rig after......

South Korea’s Kia says reviewing cooperation on EV business, after media report on Apple

Reuters
FILE PHOTO: The KIA logo is seen on the hood of a Kia Seltos on display at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson SEOUL (Reuters) – South Korean automaker Kia said in a regulatory filing on Wednesday it is reviewing cooperation on......

Dollar slips as U.S. stimulus hopes lift mood

Reuters
SINGAPORE (Reuters) – The U.S. dollar nursed losses on Wednesday and the euro hung on to gains as investors’ mood brightened in the wake of a better-than-expected sentiment survey in Germany and big spending talk from U.S. Treasury Secretary nominee Janet Yellen. FILE PHOTO: A picture illustration shows U.S. 100......

Senate’s top Democrat, Republican seek path to guide 50-50 chamber

Reuters
WASHINGTON (Reuters) – Facing a 50-50 partisan split in the U.S. Senate, the chamber’s top Democrat and Republican discussed adopting a power-sharing deal similar to one struck two decades ago in similar circumstances, a Democratic spokesman said on Tuesday. FILE PHOTO: Senate Majority Leader Mitch McConnell (L) and Senate Democratic......

Exclusive: Biden administration eyes creating White House antitrust czar – sources

Reuters
By Diane Bartz, Nandita Bose FILE PHOTO: U.S. President-elect Joe Biden arrives to speak during an event at Major Joseph R. “Beau” Biden III National Guard/Reserve Center at New Castle County Airport in New Castle, Delaware, U.S. January 19, 2021. REUTERS/Tom Brenner/File Photo WASHINGTON (Reuters) – The incoming administration of......

Netflix says borrowing to end as global membership tops 200 million

Reuters
By Lisa Richwine, Eva Mathews (Reuters) – Netflix Inc said on Tuesday its global subscriber rolls crossed 200 million at the end of 2020 and projected it will no longer need to borrow funds to keep financing its broad slate of streaming TV shows and movies, sending shares up 12%......

Aeva to work with Denso on ‘mass market’ lidar sensors

Reuters
(Reuters) – Silicon Valley startup Aeva Inc and Japanese automotive supplier Denso Corp on Tuesday said the two will collaborate on bringing a key sensor for self-driving cars to the “mass market.” Aeva, founded by two former Apple Inc engineers, makes a lidar sensor that helps cars gain a three-dimensional......

Netflix beats estimates for paid subscriber additions

Reuters
FILE PHOTO: The Netflix logo is seen on the company’s office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson/File Photo (Reuters) – Netflix Inc beat Wall Street estimates for holiday quarter paid subscriber additions on Tuesday, as its originals like “Bridgerton” and “The Queen’s Gambit” helped attract......

New York court worker arrested in threats to Biden inauguration, calls for Pelosi, Schumer, AOC deaths

CNBC
CNBC – For more and to sign up click here An FBI agent enters the residence of Brendan Hunt in Queens, New York, January 19, 2021. Source: News4 New York A New York man was arrested Tuesday for allegedly making threats related to the upcoming presidential inauguration of Joe Biden......

London Stock Exchange set to close Refinitiv deal on Jan. 29

Reuters
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo LONDON (Reuters) – London Stock Exchange said on Tuesday that it should complete its $27 billion acquisition of Refinitiv on Jan. 29, as it bulks up into a......

Treasury nominee Yellen says U.S. can afford higher corporate tax rate if it coordinates with other countries

CNBC
CNBC – For more and to sign up click here Treasury secretary nominee Janet Yellen speaks after US President-elect Joe Biden announced his economic team at The Queen Theater in Wilmington, Delaware, on December 1, 2020. Chandan Khanna | AFP | Getty Images Janet Yellen, President-elect Joe Biden’s choice for......

U.S. Senate Republican leader cautions Democrats against big ‘ideological change’

Reuters
FILE PHOTO: Senate Majority Leader Mitch McConnell heads to the Senate floor as he and the rest of the U.S. Senate continue to disagree on approving 2,000 dollars stimulus checks on Capitol Hill in Washington, U.S., December 31, 2020. REUTERS/Cheriss May/File Photo WASHINGTON (Reuters) – U.S. Senate Majority Mitch McConnell......

FTC chair says will resign along with senior staff

Reuters
FILE PHOTO: U.S. Federal Trade Commission (FTC) Chairman Joseph Simons testifies at Senate Appropriations Subcommittee hearing on the proposed budgets for the FCC and the FTC on Capitol Hill in Washington, U.S., May 7, 2019. REUTERS/Clodagh Kilcoyne WASHINGTON (Reuters) – The chairman of the Federal Trade Commission, Joseph Simons, said......

EU calls on Biden to take global leadership on COVID-19

Reuters
By Robin Emmott, John Chalmers BRUSSELS (Reuters) – The world needs American leadership in the battle against COVID-19, the EU’s top diplomat said, urging President-elect Joe Biden to step up after the Trump administration was widely criticised for its slow response to the pandemic. FILE PHOTO: U.S. President-elect Joe Biden......

Foudy: USWNT could win Olympic gold if they can balance experience and youth

ESPN
We used to have a saying on the national team way back in the day: “Adversity builds character.” So whenever we were staying at a “roach motel,” we’d holler: BUILDING CHARACTER! When we had to fly across the country with 2-3 layovers (to save money): BUILDING CHARACTER! Middle seat, back......

UK says Biden confirmation shows U.S. democracy rejects violence

Reuters
U.S. President-elect Joe Biden arrives to introduce key members of his White House science team at his transition headquarters in Wilmington, Delaware, U.S., January 16, 2021 REUTERS/Kevin Lamarque LONDON (Reuters) – British Foreign Secretary Dominic Raab said on Tuesday the confirmation of Joe Biden as the next president of the......

Almost 90% see market bubbles in Deutsche Bank investor survey

Reuters
LONDON (Reuters) – Nearly 90% of respondents in Deutsche Bank’s monthly investor survey said financial markets now had a number of price bubbles, with cryptocurrency Bitcoin and U.S. tech stocks top of the list. When asked specifically about the 12-month fate of Bitcoin which surged 300% last year, and electric......

China-EU deal boosts Beijing’s goals to stay in global tech scene but rely on the U.S. less, professor says

CNBC
CNBC – For more and to sign up click here SINGAPORE — China’s investment deal with the European Union could pave the way for Beijing’s “dual circulation” strategy of being self-reliant in technology while still remaining a part of the global supply chain, a professor told CNBC. Last year, the......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More