News
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US has plans for sovereign wealth fund but no final decisions made, White House says
May 7 (Reuters) - The U.S. Treasury and Commerce departments have formulated plans for a sovereign wealth fund but no final decisions have been made, a White House spokesperson said on Wednesday."The Administration remains committed to using every tool available to deliver on President Trump’s d...Reuters
Wed, May 7
US has plans for sovereign wealth fund but no final decisions made, White House says
May 7 (Reuters) - The U.S. Treasury and Commerce departments have formulated plans for a sovereign wealth fund but no final decisions have been made, a White House spokesperson said on Wednesday."The Administration remains committed to using every tool available to deliver on President Trump’s d...Reuters
Wed, May 7
Colombia's top court orders arrests of former legislature presidents
BOGOTA, May 7 (Reuters) - Colombia's Supreme Court on Wednesday issued arrest orders for Ivan Name, the former president of the country's Senate, and Andres Calle, the former president of the House of Representatives, over corruption allegations. Name, of the Alianza Verde party, and Calle, ...Reuters
Wed, May 7
REFILE-AMC Entertainment posts lower revenue over decrease in theater attendance
May 7 (Reuters) - AMC Entertainment AMC.N on Wednesday reported a 9.3% fall in first-quarter revenue, as fewer blockbuster releases from Hollywood studios led to reduced attendance at its movie theaters.Shares of the Leawood, Kansas-based company fell around 2% in extended trading.The first quarter ...Reuters
Wed, May 7
Citadel's Griffin says he's unsure US will be able to further roll back regulation
By Carolina MandlMay 7 (Reuters) - CITADEL'S FOUNDER KEN GRIFFIN SAYS TARIFFS ARE CONTRARY TO TRUMP'S PROMISE TO IMPROVE PEOPLE'S LIVESCITADEL'S GRIFFIN SAYS HE'S NOT SURE HOW MUCH REGULATION THE US WILL BE ABLE TO ROLL BACKCITADEL'S GRIFFIN SAYS US NEEDS DRAMATICALLY TO INCR...Reuters
Wed, May 7
Swiftly deporting migrants to Libya would violate court order, US judge rules
First deportation flights may leave WednesdayTrump administration seeks more deportation destinationsWhen asked, Trump says he does not knowRights advocates ask judge to block the moveVietnamese, Mexican nationals among people potentially subject to deportationBy Phil Stewart, Idrees Ali and Humeyra...Reuters
Wed, May 7
Google cuts about 200 staff in global business unit, The Information reports
May 7 (Reuters) - Google on Tuesday cut about 200 jobs across its global business unit, which is responsible for sales and partnerships, The Information reported on Wednesday, citing a person with knowledge of the situation.Big Tech players have been redirecting spending towards data centers and AI ...Reuters
Wed, May 7
'Is the president not telling the truth?', judge asks about Trump's Abrego Garcia comments
Boasberg suggests U.S. responsible for migrants despite El Salvador detentionTrump's Alien Enemies Act use faces legal scrutiny over constitutional rightsU.S. intelligence disputes Maduro's alleged role in gang operationsBy Luc Cohen and Blake Brittain WASHINGTON, May 7 (Reuters) - A U.S....Reuters
Wed, May 7
Athabasca Oil Corp Says Q1 Average Production Of 37,714 BOE/d (98% Liquids), Representing 13% growth year over year
May 7 (Reuters) - Athabasca Oil Corp ATH.TO:ATHABASCA OIL CORP - Q1 AVERAGE PRODUCTION OF 37,714 BOE/D (98% LIQUIDS), REPRESENTING 13% ATHABASCA OIL CORP - COMPANY IS EXPECTING TO BE AT UPPER END OF GUIDANCE AND ANTICIPATES EXITING YEAR AT 41,000 BOE/DReuters
Wed, May 7
Google Says Making Small Number Of Changes Across Teams To Drive Greater Collaboration And Expand Ability To Quickly And Effectively Serve Our Customers
May 7 (Reuters) - Alphabet Inc GOOGL.O:GOOGLE- MAKING SMALL NUMBER OF CHANGES ACROSS TEAMS TO DRIVE GREATER COLLABORATION AND EXPAND ABILITY TO QUICKLY AND EFFECTIVELY SERVE OUR CUSTOMERSSource text: [ID:]Reuters
Wed, May 7
REFILE-Google cuts about 200 staff in global business unit, The Information reports
May 7 (Reuters) - Google on Tuesday cut about 200 employees across its global business unit, which is responsible for sales and partnerships, The Information reported on Wednesday, citing a person with knowledge of the situation.Reuters
Wed, May 7
US health chief Kennedy launches autism project using Medicare and Medicaid data
NIH and Centers for Medicare & Medicaid services to partner Research to focus on autism's root causes and chronic conditionsKennedy has promoted debunked link between vaccines and autismBy Ahmed Aboulenein and Sriparna Roy WASHINGTON, May 7 (Reuters) - Federal health agencies will create...Reuters
Wed, May 7
Tesla's 'Robotaxi' trademark refused for being too generic, TechCrunch reports
May 7 (Reuters) - The U.S. Patent and Trademark Office has refused Tesla's TSLA.O attempt to trademark the term "Robotaxi" in reference to its vehicles, TechCrunch reported on Wednesday, citing a filing.Another application by Tesla to trademark the term "Robotaxi" for its upcomin...Reuters
Wed, May 7
WRAPUP 1-Trump signals China initiated planned trade meeting; Washington eyes stroller exemptions
Trump says won't cut tariffs on Chinese goods to secure negotiationsHuge damage to both economies seen if tariffs persistUS, China tariffs now well above 100%By Michael Martina, Jeff Mason WASHINGTON, May 7 (Reuters) - U.S. President Donald Trump on Wednesday suggested China initiated upcomin...Reuters
Wed, May 7
Trump nominates Kennedy ally Casey Means as new US surgeon general
May 7 (Reuters) - U.S. President Donald Trump on Wednesday announced Casey Means, a physician and health entrepreneur with ties to Health Secretary Robert F. Kennedy Jr., as his nominee for the next surgeon general of the country.Means, 37, is a vocal proponent of Kennedy's "Make America Hea...Reuters
Wed, May 7
