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Trump team relaxes work-from-home ban for federal employees for religious reasons
By Courtney Rozen WASHINGTON, July 16 (Reuters) - Federal employees can get permission to work from home or adjust their hours to accommodate religious fasts and prayers, the Trump administration said on Wednesday, after previously demanding that workers report to offices full time. President Do...Reuters
Wed, Jul 16
HPE adds KLA chair to board in pact with activist investor Elliott
Robert Calderoni joins HPE board, chairs new strategy committeeElliott may appoint executive to HPE board under agreementHPE's $14 billion Juniper acquisition faced antitrust scrutinyBy Jaspreet Singh and Svea Herbst-Bayliss July 16 (Reuters) - Hewlett Packard Enterprise HPE.N added a veteran...Reuters
Wed, Jul 16
Ultra-Orthodox party quits Israeli cabinet but throws Netanyahu a lifeline
Shas party pulls ministers but stays in coalitionNetanyahu has time to find compromise on military draftShas also urges prime minister to reach deal with Hamas JERUSALEM, July 16 (Reuters) - An ultra-Orthodox party quit Prime Minister Benjamin Netanyahu's cabinet on Wednesday, but said it wou...Reuters
Wed, Jul 16
Air India probe finds no issues with fuel control switches on Boeing 787s, NDTV says
July 16 (Reuters) - Air India has completed the inspection of fuel control switches on Boeing 787 planes BA.N with no issues being found, Indian broadcaster NDTV said on Wednesday, citing an official.Boeing and Air India did not immediately respond to Reuters requests for comment. Reuters could not ...Reuters
Wed, Jul 16
US calls on Syria to withdraw troops to allow de-escalation, State Department says
July 16 (Reuters) - The U.S. is calling on Syria to withdraw its troops to allow for de-escalation, State Department spokesperson Tammy Bruce said on Wednesday, after clashes between Syrian government troops and local Druze fighters resumed in the southern city of Sweida hours after a ceasefire agre...Reuters
Wed, Jul 16
Syria calls for UN Security Council meeting on Israeli strikes
UNITED NATIONS, July 16 (Reuters) - Syria on Wednesday called for the United Nations Security Council to meet as soon as possible to "address the consequences of the Israeli aggression on Syrian territory," according to a letter seen by Reuters.Reuters
Wed, Jul 16
US aims to ban Chinese technology in submarine cables, FT reports
WASHINGTON, July 16 (Reuters) - The Federal Communications Commission is set to introduce a measure that would bar companies from connecting submarine communication cables to United States that include any Chinese technology or equipment, the Financial Times reported on Wednesday."We have seen s...Reuters
Wed, Jul 16
National realtors group defeats Utah brokerage’s antitrust lawsuit
By Mike Scarcella July 16 (Reuters) - The National Association of Realtors has persuaded a federal judge to dismiss a lawsuit by a Utah brokerage accusing the powerful industry group of controlling rules for home sales and purchases in the United States too tightly, causing consumers to pay highe...Reuters
Wed, Jul 16
Hundreds of DOJ alumni warn Senate against Trump's appellate judge nominee
By Sarah N. Lynch WASHINGTON, July 16 (Reuters) - More than 900 former U.S. Justice Department employees on Wednesday warned the Republican-controlled Senate Judiciary Committee against confirming President Donald Trump's nominee Emil Bove to serve as an appellate court judge, according to a ...Reuters
Wed, Jul 16
Air India completes fuel control switches inspection on Boeing 787 planes, no issues found, NDTV reports
July 16 (Reuters) - Air India has completed the inspection of fuel control switches on Boeing 787 planes BA.N with no issues being found, Indian broadcaster NDTV said on Wednesday, citing an official.Air India did not immediately respond to a Reuters request for comment. Reuters could not immediatel...Reuters
Wed, Jul 16
QUOTES-Reactions to the European Commission's new EU budget proposal
BRUSSELS, July 16 (Reuters) - Following are some reactions to the European Commission's proposal on Wednesday for a 2 trillion euro ($2.31 trillion) EU budget for 2028-2034. The proposal places a new emphasis on economic competitiveness and defence while aiming to reform the rules around farm an...Reuters
Wed, Jul 16
Citi hires senior JPMorgan bankers to strengthen financing business
July 16 (Reuters) - Citigroup C.N has hired two senior executives from JPMorgan JPM.N to strengthen its leadership team and expand its financing business, according to an internal memo seen by Reuters on Wednesday.Aloke Gupte, previously co-head of international equity capital markets (ECM) at JPMor...Reuters
Wed, Jul 16
Starwind rebrands 5Star Workers' Compensation to Starwind WC
By Navneeta NandanJuly 16 - (The Insurer) - Starwind Specialty Insurance Services has rebranded its 5Star Workers’ Compensation MGA to Starwind WC, the CRC Group-owned underwriting platform said.The rebranding includes a new name, logo and renewed website experience.Starwind said the rebranding "...Reuters
Wed, Jul 16
TREASURIES-US two-year yields off lows after Trump says he is not firing Fed's Powell
Initial reports on Powell firing roil bond marketUS 30-year yields hit 8-week high in wake of reportUS 2/10 yield curve steepens, widest gap since AprilBy Gertrude Chavez-Dreyfuss NEW YORK, July 16 (Reuters) - Two-year U.S. Treasury yields tumbled in volatile trading on Wednesday but came off the...Reuters
Wed, Jul 16
New leadership at Fed would be helpful, US House Speaker says
July 16 (Reuters) - U.S. House Speaker Mike Johnson on Wednesday said he believes it would be beneficial to have new leadership at the U.S. Federal Reserve, although he's not sure the president has the authority to fire Chair Jerome Powell, according to media reports."I do I believe new lead...Reuters
Wed, Jul 16
Volvo Car Says Co Brings Production Of Global Best-Seller Xc60 To Its Us Plant Scheduled To Start Xc60 Production In Late 2026
July 16 (Reuters) - Volvo Car AB VOLCARb.ST:VOLVO CARS: BRINGS PRODUCTION OF GLOBAL BEST-SELLER XC60 TO ITS US PLANT; SCHEDULED TO START XC60 PRODUCTION IN LATE 2026Source text: [ID:]Further company coverage: [VOLCARb.ST]Reuters
Wed, Jul 16
