Reuters

Daimler CEO announces sweeping cost review as he bows out

By Ilona Wissenbach BERLIN (Reuters) - Daimler's Chief Executive Dieter Zetsche announced a sweeping cost review on Wednesday, his last day in office, as he bid farewell to shareholders following more than a decade at the...

Wednesday, May 22, 2019 - 4:13pm

Cameroonian girls defy prejudice to pursue soccer dreams

By Josiane Kouagheu YAOUNDE (Reuters) - When Gaelle Asheri first started playing soccer in the dirt streets near her home in Cameroon's capital, she was the only girl on the informal neighborhood teams which used stones for goal posts and kept score by chalking results on a wall...

Wednesday, May 22, 2019 - 4:13pm

T-Mobile-Sprint deal would boost prices, hurt poorest U.S. consumers, experts say

By Diane Bartz and Sheila Dang WASHINGTON/NEW YORK (Reuters) - Concessions by T-Mobile US Inc to win U.S. government approval to buy Sprint Corp will likely lead to higher prices for the poorest Americans, many of whom use prepaid wireless plans, analysts...

Wednesday, May 22, 2019 - 4:12pm

U.S. Justice Department staff recommends blocking T-Mobile-Sprint deal, sources say

By Sheila Dang and Diane Bartz WASHINGTON (Reuters) - The U.S. Justice Department's antitrust division staff has recommended the agency block T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with the matter. While...

Wednesday, May 22, 2019 - 4:12pm

Tesla drops for sixth straight session, down 20% since share offer

By Noel Randewich SAN FRANCISCO (Reuters) - Tesla shares extended their recent sell-off on Wednesday after Citi cut its price target on the struggling electric car maker, leaving buyers of its recent share offer, including Chief Executive Elon...

Wednesday, May 22, 2019 - 4:12pm

Citing Reuters report, health groups push tech firms to police tobacco marketing

By Chris Kirkham (Reuters) - More than 100 public health and anti-tobacco organizations are calling on Facebook Inc, Instagram, Twitter and Snap Inc to take "swift action" to curb advertising of tobacco products on their platforms. The...

Wednesday, May 22, 2019 - 4:11pm

U.S. judge says Qualcomm violated antitrust law; appeal planned, shares plunge

By Sayanti Chakraborty and Jan Wolfe (Reuters) - Qualcomm Inc illegally suppressed competition in the market for smartphone chips by threatening to cut off supplies and extracting excessive licensing fees, a U.S. judge ruled, a...

Wednesday, May 22, 2019 - 4:11pm

Rain, flooding expected in U.S. Southern Plains after deadly storms

(Reuters) - Weather forecasters on Wednesday expected drenching rains to roll into the storm-ravaged U.S. southern and central states, where thunderstorms and tornadoes killed at least three people and triggered widespread flooding. More than 30...

Wednesday, May 22, 2019 - 4:10pm

Belgian monks resurrect brewery after two century break

By Philip Blenkinsop GRIMBERGEN, Belgium (Reuters) - Belgian monks at the Grimbergen abbey are on the verge of brewing beer again after a break of more than 200 years. The abbey, whose emblem is a phoenix with the Latin motto "Ardet nec consumitur", meaning "Burned but...

Wednesday, May 22, 2019 - 1:00pm

Cambodia's royal oxen predict plentiful rice harvest amid EU tariffs

By Prak Chan Thul PHNOM PENH (Reuters) - Cambodia's royal oxen predicted a plentiful harvest of rice, the country's biggest crop, at an ancient plowing ceremony on Wednesday. King Norodom Sihamoni presided over the televised annual ritual...

Wednesday, May 22, 2019 - 4:00am

In Fed policy review, labor may finally win out over inflation

By Howard Schneider MINNEAPOLIS (Reuters) - At 2.3 percent, Minneapolis' jobless rate seems impossibly low, even with national unemployment at a 50-year trough. But that doesn't mean full employment in North Minneapolis, where job advocate Tony...

Wednesday, May 22, 2019 - 3:02am

Japan woos Trump with pomp and circumstance, looks to avoid trade battle

By Linda Sieg and Tim Kelly TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe will treat U.S. President Donald Trump to an imperial banquet, front row seats at a sumo tournament and a trip to the country's biggest warship on a state visit as Tokyo seeks...

Wednesday, May 22, 2019 - 3:02am

Exclusive: Walmart to make first direct pitch to big corporate ad buyers at New York event

By Nandita Bose WASHINGTON (Reuters) - Walmart Inc will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising business, as the world's largest retailer aims to rev up its website and...

Wednesday, May 22, 2019 - 3:02am

U.S. could blacklist Chinese surveillance tech firm Hikvision: NYT

(Reuters) - The U.S. administration is considering limits to Chinese video surveillance firm Hikvision's ability to buy U.S. technology, the New York Times reported on Tuesday, in a move that deepens worries about trade frictions between the world's two top economies...

Wednesday, May 22, 2019 - 3:02am

Hundreds rally at U.S. Supreme Court, calling state abortion bans as step backward

By Amanda Becker WASHINGTON (Reuters) - Abortion-rights campaigners, including Democrats seeking their party's 2020 presidential nomination, rallied at the U.S. Supreme Court on Tuesday to protest new restrictions on abortion passed by Republican-dominated legislatures in eight states...

Tuesday, May 21, 2019 - 10:04pm

Trump tells ex-White House counsel McGahn not to appear before Congress

By Sarah N. Lynch, David Morgan and Steve Holland WASHINGTON (Reuters) - U.S. President Donald Trump on Monday told former White House counsel Don McGahn to defy a subpoena to testify before Congress about the Russia investigation, deepening his fight with Democratic lawmakers...

Tuesday, May 21, 2019 - 10:04pm

California sues Trump administration over withholding high-speed rail funds

By David Shepardson WASHINGTON (Reuters) - California and its high-speed rail authority filed suit on Tuesday to prevent the Trump administration from canceling a nearly $1 billion federal grant awarded in 2010 for a "bullet" train project hobbled by...

Tuesday, May 21, 2019 - 10:03pm

McDonald's faces 25 new sexual harassment complaints from workers

By Jonathan Stempel (Reuters) - McDonald's Corp was accused on Tuesday in 25 new lawsuits and regulatory charges of condoning sexual harassment in the workplace and retaliating against employees who speak up. The cases announced by the...

Tuesday, May 21, 2019 - 10:03pm

U.S. states, cities sue to block Trump 'conscience' rule for healthcare workers

By Jonathan Stempel NEW YORK (Reuters) - Two dozen U.S. states and municipalities sued the Trump administration on Tuesday to stop it from enforcing a rule that would make it easier for doctors and nurses to avoid performing abortions on religious or...

Tuesday, May 21, 2019 - 10:03pm

U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm

By Brenda Goh and Karen Freifeld SHANGHAI/NEW YORK (Reuters) - The United States has temporarily eased trade restrictions on China's Huawei to minimize disruption for its customers, a move the founder of the world's largest telecoms equipment maker said meant little because it was...

Tuesday, May 21, 2019 - 10:03pm