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WRAPUP 5-Russia fires hypersonic missile at target in Ukraine near NATO border
Oreshnik hits western Ukraine near EU and NATO borderRussia targets critical infrastructure, causing power outages in KyivUkraine says at least four killed in overnight strikes on KyivPeace talks held in Paris this week By Olena Harmash KYIV, Jan 9 (Reuters) - Russia fired a powerful hypersonic m...Reuters
Fri, Jan 9
Musk's X sues music publishers over alleged licensing conspiracy
By Mike Scarcella WASHINGTON, Jan 9 (Reuters) - Elon Musk's X Corp sued 18 major music publishers and a leading U.S. music industry trade association on Friday, alleging they conspired to block competition and force the social media platform to purchase licenses for musical works at infla...Reuters
Fri, Jan 9
Trump says US will pick which oil firms can invest in Venezuela
WASHINGTON, Jan 9 (Reuters) - U.S. President Donald Trump said on Friday that the administration will decide which oil companies are allowed to invest in Venezuela, underscoring Washington’s hands-on approach to reopening the country’s beleaguered oil sector.Reuters
Fri, Jan 9
FBI to tap head of New York office for No. 2 job, NYT reports
Jan 9 (Reuters) - Christopher Raia, the head of the FBI's office in New York, is expected to become the deputy director of the bureau, replacing Dan Bongino, the New York Times reported on Friday, citing people familiar with the matter.Reuters
Fri, Jan 9
US Commerce Department drops plan to impose restrictions on Chinese-made drones
WASHINGTON, Jan 9 (Reuters) - The U.S. Commerce Department said Friday it has withdrawn a plan to impose restrictions on Chinese drones after an earlier crackdown on cars and trucks. The move comes weeks after the U.S. Federal Communications Commission said it was barring imports of new models of ...Reuters
Fri, Jan 9
Amid mass Iran protests, Trump takes cautious approach
Trump holds off meeting exiled Iranian crown prince for nowU.S. intelligence assesses that protests don't threaten Khamenei so farU.S. preoccupied with Venezuela, GreenlandBy Steve Holland and Jonathan LandayWASHINGTON, Jan 9 (Reuters) - U.S. President Donald Trump is treading carefully around t...Reuters
Fri, Jan 9
Freddie, Fannie $200 billion mortgage bond buy underway with $3 billion purchase, FHFA's Pulte says
WASHINGTON, Jan 9 (Reuters) - Federal Housing Finance Agency Director Bill Pulte said on Friday a $3 billion mortgage bond buy had been put in already the day after President Donald Trump ordered his representatives to buy $200 billion in mortgage bonds to bring down housing costs.Speaking to report...Reuters
Fri, Jan 9
Student, professor face setbacks in law school free speech cases
By Karen Sloan Jan 9 (Reuters) - A law professor and a law student who sued their universities last year both faced court setbacks on Thursday in cases involving U.S. campus free speech rights.The U.S. Court of Appeals for the 11th Circuit said the University of Florida cannot be forced to re-adm...Reuters
Fri, Jan 9
Democratic US senators demand Apple, Google take X and Grok off app stores over sexual images
Grok flooded X with AI-generated nonconsensual images Senators say images violate Apple, Google terms of serviceElon Musk's xAI has imposed some restrictions amid backlashBy Raphael Satter and AJ Vicens WASHINGTON, Jan 9 (Reuters) - Three Democratic U.S. senators are calling on Apple AAPL...Reuters
Fri, Jan 9
Olympics-Delayed Milan ice hockey venue finally opens its doors
By Elvira Pollina MILAN, Jan 9 (Reuters) - The Santagiulia ice hockey arena in Milan, which will stage some of the biggest matches at the Winter Olympics next month, finally opened its doors to the public on Friday with a test event featuring Italy's top teams.Slow progress on completing the ...Reuters
Fri, Jan 9
US judge sets jury selection in Luigi Mangione CEO killing trial for September
By Jack Queen NEW YORK, Jan 9 (Reuters) - A federal judge on Friday said jury selection will begin in early September for the murder trial of Luigi Mangione, the man accused of gunning down a health insurance executive outside a hotel in Manhattan. Mangione, 27, is accused of fatally shooting Bri...Reuters
Fri, Jan 9
Tech startup sues its lawyers after winning $222 mln Walmart verdict
By Blake Brittain Jan 9 (Reuters) - A tech startup and lawyers that represented it in trade-secret litigation against Walmart WMT.O have sued each other in Texas after the startup's $222 million jury win against the retail giant last year.Law firm Williams Simons & Landis sued Zest Labs i...Reuters
Fri, Jan 9
Trump's Venezuela focus frustrates top aides worried about midterm elections
Some aides express unease about Trump's foreign policy focusWiles, Blair, Vance push for Trump to prioritize domestic issuesWhite House commissions poll to gauge support among Trump's baseBy Nandita Bose WASHINGTON, Jan 9 (Reuters) - President Donald Trump's focus on the brazen U.S. c...Reuters
Fri, Jan 9
South Carolina measles cases jump by nearly 100 in two days, sharpest rise yet
By Siddhi Mahatole and Mariam SunnyJan 9 (Reuters) - The South Carolina health department on Friday reported 310 measles cases related to the ongoing outbreak in the state, an increase of 99 since earlier this week and marking their sharpest rise in the months-long surge.The widening outbreak in Ups...Reuters
Fri, Jan 9
Stellantis scraps US plug-in hybrid sales, citing weak demand
Jan 9 (Reuters) - Chrysler parent Stellantis STLAM.MI said on Friday it will stop selling plug-in hybrid versions of the Jeep Wrangler and Grand Cherokee, and the Chrysler Pacifica minivan, in the United States as it navigates soft demand and shifts its North American electrification strategy."S...Reuters
Fri, Jan 9
Judge approves examiner appointment in First Brands bankruptcy amid fraud probe
By Pritam Biswas Jan 9 (Reuters) - A U.S. bankruptcy court on Friday approved the appointment of Martin De Luca as a corporate litigator in the Chapter 11 case of First Brands, which is grappling with allegations of fraud as the auto parts maker restructures under court protection.The order was s...Reuters
Fri, Jan 9
FACTBOX-Top hedge funds led by D.E.Shaw, Bridgewater and Balyasny deliver big gains in 2025
D.E. Shaw's Oculus fund surges 28.2%, Composite fund up 18.5%Balyasny gains 16.7% in 2025, while Point72 sees 17.5% jump Millennium and Citadel's Wellington fund gain 10.5% and 10.2%, respectivelyBridgewater's Pure Alpha fund leads with 34% gain, highest in 50-year historyBy Nell Mackenz...Reuters
Fri, Jan 9
