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US lawmakers question Musk's dual role at SpaceX and government agency
By Mike StoneWASHINGTON, May 6 (Reuters) - Democratic lawmakers on key House committees raised concerns about potential conflicts of interest from Elon Musk's dual roles as SpaceX CEO and a Special Government Employee overseeing changes at NASA and the Department of Defense, a letter sent to the...Reuters
Tue, May 6
Exxon group's Guyana oil output rose to 668,000 bpd last week
HOUSTON, May 6 - A consortium led by Exxon Mobil XOM.N that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South American country, Alistair Routledge, said in a conference on Tuesday.The group, which is working t...Reuters
Tue, May 6
US SEC ends inquiry into Morgan Stanley's cash sweep program with no enforcement action
May 6 (Reuters) - The U.S. Securities and Exchange Commission has ended its investigation into Morgan Stanley's MS.N cash sweep program for advisory accounts and will not pursue enforcement action, the Wall Street bank said in a filing dated Monday.The bank had been in talks with the regulator s...Reuters
Tue, May 6
Ferrari to start deliveries of new EV in October 2026
Deliveries of Ferrari's first EV to start in October 2026Sees 2025 core earnings of at least 2.68 bln eurosU.S. tariffs could hit 2025 margins by 50 basis pointsFirst-quarter core earnings rose 15% to 693 million eurosBy Giulio Piovaccari MILAN, May 6 (Reuters) - Ferrari RACE.MI first fully e...Reuters
Tue, May 6
Mexican judges say judicial reform violated human rights
May 6 - Fourteen current and former federal judges in Mexico filed a petition to the Inter-American Commission on Human Rights calling for "reparation for human rights violations" that they say were caused by the country's recent overhaul of the judicial system, a group representing the ...Reuters
Tue, May 6
US homeland security chief says travelers without REAL ID will be allowed to fly
By David ShepardsonWASHINGTON, May 6 (Reuters) - U.S. Homeland Security Secretary Kristi Noem said air travelers starting Wednesday who do not have enhanced ID cards may face enhanced security procedures but will not be denied access to flights. Starting Wednesday, the Transportation Security Ad...Reuters
Tue, May 6
Greenland should make own decisions free of interference, EU's Kallas says
BRUSSELS, May 6 (Reuters) - EU foreign policy chief Kaja Kallas said on Tuesday that the people of Greenland should be able to make their own choices "free from outside pressure or external interference".Kallas made her comments in the European Parliament in Strasbourg after multiple lawmake...Reuters
Tue, May 6
Microsoft 365 Status Says Determined Issue Impacting Multiple Microsoft 365 Services And Features In The North America Region Is Now Mitigated
May 6 (Reuters) - Microsoft Corp MSFT.O:MICROSOFT 365 STATUS: DETERMINED ISSUE IMPACTING MULTIPLE MICROSOFT 365 SERVICES AND FEATURES IN THE NORTH AMERICA REGION IS NOW MITIGATED- X POSTSource: https://tinyurl.com/2ebjyv6eReuters
Tue, May 6
Trump pick for Washington, DC, prosecutor won't get Senate vote before deadline, source says
Decision means Ed Martin could have to leave U.S. attorney post Nominee draws opposition over support for rioters, political advocacyWhite House calls nomination 'imperative' By Andrew Goudsward and Sarah N. Lynch WASHINGTON, May 6 (Reuters) - A U.S. Senate panel will not move forward wit...Reuters
Tue, May 6
Soccer-Club Leon out of Club World Cup as CAS rejects appeal
May 6 (Reuters) - Mexico's Club Leon will not participate in this year's Club World Cup after losing their appeal on Tuesday having been removed from the tournament by FIFA due to an ownership rule breach.The Court of Arbitration for Sport (CAS) rejected the appeal by Leon who had qualified ...Reuters
Tue, May 6
German bond yields jump after Merz elected chancellor, then ease
By Yoruk Bahceli LONDON, May 6 (Reuters) - German bond yields briefly hit their highest level in three weeks on Tuesday as German conservative leader Friedrich Merz was elected chancellor by parliament in a second round of voting, before paring some of that rise in late trading.Merz was elected c...Reuters
Tue, May 6
US homeland security chief says travelers without 'REAL ID" will be allowed to fly
WASHINGTON, May 6 (Reuters) - U.S. Homeland Security Secretary Kristi Noem said air travelers starting Wednesday who do not have enhanced ID cards may face enhanced security procedures but will not be denied access to flights. Starting Wednesday, the Transportation Security Administration will n...Reuters
Tue, May 6
Relief for Florida insurers as SB 832 dies
By Chris MunroMay 5 - (The Insurer) - Florida’s insurers have been boosted after the controversial Senate Bill 832 died after the proposed ruling was not included in the 16 that the state’s lawmakers will discuss during the extended 2025 regular legislative session.As The Insurer reported on Friday,...Reuters
Tue, May 6
Jewellery group Pandora's first-quarter revenue meets expectations
COPENHAGEN, May 6 (Reuters) - Danish jewellery maker Pandora PNDORA.CO reported first-quarter revenue in line with analysts' expectations on Tuesday, and said it would continue to invest in marketing while acknowledging an "uncertain" economic backdrop.Reuters
Tue, May 6
WTW: US shared and layered property rates down as much as 20%
By David BullMay 5 - (The Insurer) - In its latest Marketplace Realities report, WTW said that the U.S. property insurance market transitioned to a more competitive environment in 2024, especially for large commercial risks, a trend expected to continue in 2025 as oversupply of capacity drives rate ...Reuters
Tue, May 6
California Bar sues vendor over exam meltdown
By David Thomas May 5 (Reuters) - The State Bar of California on Monday sued exam vendor Meazure Learning following the disastrous rollout of its February bar exam, accusing the vendor of failing to live up to its promises that its systems could handle thousands of bar examinees.The state bar, re...Reuters
Tue, May 6
WTW: Auto liability seeing highest rate rises in 'highly segmented' North America casualty market
By Chris MunroMay 5 - (The Insurer) - North American casualty pricing trends remain highly segmented with auto liability set to see the greatest rate rises at up to 20%, while at the opposite end of the spectrum workers’ compensation clients could continue to secure reductions with others seeing a s...Reuters
Tue, May 6
Southgobi Resources Updates On Mongolia Tax Audit
May 6 (Reuters) - SouthGobi Resources Ltd SGQ.V:UPDATE ON MONGOLIA TAX AUDITTDRC CONCLUDED THAT TAX PENALTY AGAINST SGS BE REDUCED FROM US$80.0 MILLION TO US$26.5 MILLIONON APRIL 25 UNIT OBTAINED COPY OF ORDER DATED APRIL 15 ISSUED BY ADMINISTRATIVE COURT OF FIRST INSTANCE IN ULAANBAATARReuters
Tue, May 6
