News
Important Only
New York City loses bid for swift return of $80.5 million FEMA migrants grant
By Jack Queen and Luc Cohen NEW YORK, March 5 (Reuters) - A U.S. judge on Wednesday declined to order the Trump administration to immediately return to New York City $80.5 million of grants intended to cover part of the city's cost of housing migrants. U.S. District Judge Jennifer Rearden sai...Reuters
Wed, Mar 5
Pfizer convinces US Patent Office to cancel two Moderna COVID-19 vaccine patents
By Blake Brittain March 5 - Pfizer PFE.N and BioNTech 22UAy.DE won a round in their legal battle with Moderna MRNA.O over COVID-19 vaccine patents on Wednesday, convincing a U.S. Patent Office tribunal that two patents Moderna accused them of infringing were invalid.The Patent Trial and Appeal Bo...Reuters
Wed, Mar 5
Soccer-FIFA sets Club World Cup prize money at $1 billion
PARIS, March 5 (Reuters) - The prize money for this year's 32-team Club World Cup to be held in the U.S. between June 14-July 13 will be $1 billion, soccer's governing body FIFA said on Wednesday.With $2 billion expected in revenues, FIFA reserves will remain untouched and some of the money ...Reuters
Wed, Mar 5
US communications agency to explore alternatives to GPS systems
WASHINGTON, March 5 (Reuters) - The Federal Communications Commission said on Wednesday it plans to vote next month to explore alternatives to GPS after national security concerns have been raised about relying on a single system crucial to modern life.GPS, short for global positioning system, is a ...Reuters
Wed, Mar 5
What the Trump tariffs could mean for America's beloved pickup truck
Automakers look for a lifeline to avoid massive tax on vehiclesTariffs could add on average $3,000 to the cost of a vehiclePickup drivers are twice as likely to say they are Republicans than DemocratsBy Nora Eckert, Kalea Hall, David Shepardson DETROIT, March 5 (Reuters) - U.S. President Donald ...Reuters
Wed, Mar 5
US judge bars Trump administration from cutting NIH research funding
BOSTON, March 5 (Reuters) - A U.S. judge Wednesday blocked President Donald Trump's administration from carrying out steep cuts to federal grant funding for research that universities and Democratic-led states warn would lead to layoffs, lab closures and a curtailment of scientific and medical s...Reuters
Wed, Mar 5
Ecopetrol plans up to $2 billion more debt to fund acquisitions
BOGOTA, March 5 (Reuters) - Colombia's majority state-owned oil producer Ecopetrol ECO.CN is planning to raise up to $2 billion in additional debt this year to fund investments, and would consider seeking funds from banks and capital markets, a top official said on Wednesday.The debt would be us...Reuters
Wed, Mar 5
US lawmakers get meeting, but few answers, about Trump foreign aid cuts
Democrats say administration provides few details on cutsAdministration threatens criminal referrals for fraud, no detailsLawmakers continue to push for public hearings By Patricia Zengerle WASHINGTON, March 5 (Reuters) - The Trump administration official overseeing deep cuts to U.S. foreign aid ...Reuters
Wed, Mar 5
Trump plans executive order to strengthen U.S. shipbuilding, which China dominates
LOS ANGELES, March 5 (Reuters) - U.S. President Donald Trump is drafting an executive order aimed at resuscitating domestic shipbuilding and reducing China's grip on the global ocean shipping industry that handles more than 80% of global trade. A draft fact sheet seen by Reuters on Wednesday inc...Reuters
Wed, Mar 5
New York City loses bid for swift return of $80.5 million FEMA migrants grant
By Luc Cohen and Jack Queen NEW YORK, March 5 (Reuters) - A U.S. judge on Wednesday declined to order the Trump administration to immediately return to New York City $80.5 million of grants intended to cover part of the city's cost of housing migrants. U.S. District Judge Jennifer Rearden rul...Reuters
Wed, Mar 5
USAID cuts put tuberculosis response in peril, WHO says
March 5 (Reuters) - The Trump administration's decision to pause U.S. foreign aid would undo progress made in containing tuberculosis (TB) infections across low- and middle-income countries, putting the lives of millions at risk, the World Health Organization said on Wednesday."Without immed...Reuters
Wed, Mar 5
Macron says will open debate about extending French nuclear umbrella to EU partners
PARIS, March 5 (Reuters) - French President Emmanuel Macron said on Wednesday that he will open debate about extending the French nuclear umbrella to European partners.In a televised speech to the nation, he added that the ultimate decision on using nuclear weapons will remain in the hands of the Fr...Reuters
Wed, Mar 5
France's Macron says he will hold meeting of European army chiefs in Paris next week
PARIS, March 5 (Reuters) - French President Emmanuel Macron said in a televised address to the nation on Wednesday he plans to hold a meeting of all European army chiefs in Paris next week. He also said France needs to be ready if the United States is no longer by its side.Reuters
Wed, Mar 5
HW Kaufman Group London hires LSM’s Hall to drive innovative solutions
By Chris MunroMarch 5 - (The Insurer) - HW Kaufman Group’s London platform has recruited Kerry Hall from Liberty Specialty Markets as director, commercial.In her new role, Kaufman said Hall will work closely with the company’s leadership to develop solutions via the Lloyd’s market that will enable t...Reuters
Wed, Mar 5
Boxing-TKO, Saudi's Alalshikh and Sela join forces in new promotion
March 5 (Reuters) - TKO Group Holdings, owners of mixed martial arts' UFC and wrestling's WWE, announced on Wednesday a new boxing promotion with the backing of Saudi Arabia's Turki Alalshikh and entertainment conglomerate Sela.While Alalshikh chairs Saudi Arabia's General Entertainm...Reuters
Wed, Mar 5
White House says it is reconsidering Ukraine funding pause
WASHINGTON, March 5 (Reuters) - The White House said on Wednesday it is reconsidering its pause in funding for Ukraine and talks between the United States and Ukraine over a minerals deal are ongoing."I believe what the National Security Council told me in regards to that was ... that they are r...Reuters
Wed, Mar 5
US House starts reprimand of Democrat Al Green for disrupting Trump speech
Censure resolution introduced WednesdayVote by full House expected within coming daysBy Bo Erickson WASHINGTON, March 5 (Reuters) - The Republican-controlled U.S. House of Representatives kicked off a process on Wednesday that could lead lawmakers to censure Democrat Al Green, who was kicked out ...Reuters
Wed, Mar 5
TikTok plans to cut up to 300 jobs at Dublin base, Irish Independent reports
March 5 - -- Source link: https://www.independent.ie/business/technology/tiktok-plans-to-cut-up-to-300-jobs-at-dublin-base-government-told/a386875685.html-- Note: Reuters has not verified this story and does not vouch for its accuracyReuters
Wed, Mar 5
Democratic congressman Sylvester Turner of Texas dead at 70
WASHINGTON, March 5 (Reuters) - Democratic U.S. Representative Sylvester Turner, a former mayor of Houston, who was sworn into office in November, died on Wednesday, a spokesperson for the lawmaker said, hours after he posted about attending President Donald Trump's address to Congress.The death...Reuters
Wed, Mar 5
