Reuters

Prepare for difficult times, China's Xi urges as trade war simmers

By Michael Martina and David Lawder BEIJING/WASHINGTON (Reuters) - China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the U.S.-China trade war took a mounting toll...

Wednesday, May 22, 2019 - 8:04pm

U.S. Treasury backs away from plan for Harriet Tubman on $20 bill next year

By Makini Brice WASHINGTON (Reuters) - The U.S. Treasury will not introduce a redesigned $20 bill picturing escaped slave and abolitionist Harriet Tubman next year as planned, Treasury Secretary Steven Mnuchin said on Wednesday. In 2016, the...

Wednesday, May 22, 2019 - 8:04pm

Turkey preparing for possible U.S. sanctions over S-400s: minister

By Orhan Coskun ANKARA (Reuters) - Turkey's defense minister said it was preparing for potential U.S. sanctions over its purchase of Russian S-400 missile defense systems, even while he said there was some improvement in talks with the United States...

Wednesday, May 22, 2019 - 8:04pm

Wall St dips after renewed U.S.-China trade fears

By April Joyner NEW YORK (Reuters) - Wall Street's major indexes dipped on Wednesday as inflamed trade tensions between the United States and China weighed on investor sentiment. A day after Washington's temporary easing of curbs against Huawei...

Wednesday, May 22, 2019 - 6:06pm

Investors seek safety on threat of wider U.S.-China spat

By Herbert Lash NEW YORK (Reuters) - Global equity markets slid on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc amid renewed worries over the U.S.-China trade standoff after reports the United States has another Chinese...

Wednesday, May 22, 2019 - 6:05pm

'American Taliban' to be released from prison Thursday

(Reuters) - John Walker Lindh, the American captured in Afghanistan in 2001 fighting for the Taliban and vilified as a national traitor, is to be released early from a federal prison on Thursday while some U.S. lawmakers worry he still poses a security risk. Lindh, photographed as a...

Wednesday, May 22, 2019 - 6:05pm

Musk's SpaceX sues U.S. Air Force over rocket-building contracts: filings

By Joey Roulette ORLANDO, Fla. (Reuters) - Billionaire Elon Musk's SpaceX accused the U.S. Air Force of breaking contracting rules when it awarded money to three rocket makers but passed on Musk's rival bid, and said the tender should be reopened, according...

Wednesday, May 22, 2019 - 6:05pm

Next round of U.S. tariffs on China at least a month away: Mnuchin

By Jason Lange and Michael Martina WASHINGTON/BEIJING (Reuters) - The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on American consumers, U.S. Treasury...

Wednesday, May 22, 2019 - 6:04pm

Exclusive: Guaido says Washington should help Venezuela keep U.S. refiner Citgo

By Brian Ellsworth, Mayela Armas and Daniel Flynn CARACAS (Reuters) - The United States should help Venezuela keep control over U.S. refiner Citgo by preventing its seizure by creditors seeking to collect on unpaid Venezuelan debts, opposition leader Juan...

Wednesday, May 22, 2019 - 6:04pm

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