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98-year-old US appeals judge loses bid to revive lawsuit over her suspension
By Blake Brittain Aug 22(Reuters) - A U.S. appeals court on Friday denied a bid by U.S. Circuit Judge Pauline Newman to reinstate a lawsuit challenging her suspension from serving on the U.S. Court of Appeals for the Federal Circuit, where she had heard cases since 1984. A three-judge panel of th...Reuters
14 minutes ago
Fed's Hammack, worried by inflation, disinclined to cut rates - CNBC
By Michael S. DerbyNEW YORK, Aug 22 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammck said on CNBC on Friday that ongoing inflation worries suggest to her monetary policy should not be changed. Hammack, interviewed on the sidelines of the Kansas City Fed's Jackson Hole, Wyoming...Reuters
16 minutes ago
FBI agents search Trump critic Bolton's home in latest move against rival
Bolton property searched as part of national security probeTrump's former national security has turned into a prominent criticTrump previously stripped Bolton of protective Secret Service detailBy Steve Holland, Brendan O'Brien and Andrew Goudsward WASHINGTON, Aug 22 (Reuters) - FBI a...Reuters
18 minutes ago
Blank Check Company Silverbox Corp V Files For $200 Mln IPO
Aug 22 (Reuters) - Silverbox Corp V:BLANK CHECK COMPANY SILVERBOX CORP V FILES FOR IPO OF UP TO $200 MILLION- SEC FILINGSILVERBOX CORP V: INTEND TO APPLY TO LIST UNITS ON “NYSE” UNDER SYMBOL “SBXE.U”SILVERBOX CORP V: SANTANDER IS THE UNDERWRITER TO IPO- SEC FILINGSource text: [ID:n0001104659-25-0817...Reuters
19 minutes ago
After joining TikTok, Trump says he could extend sale deadline if needed
WASHINGTON, Aug 22 (Reuters) - President Donald Trump has U.S. buyers lined up for TikTok and could further extend the deadline for China-based ByteDance to divest the app's U.S. assets, he said on Friday, days after the White House joined the short video platform.Speaking to reporters, Trump d...Reuters
19 minutes ago
Visa shutters US open-banking unit as data fight heats up, Bloomberg News reports
Aug 22 (Reuters) - Payments processor Visa V.N has shut its open-banking business in the United States, Bloomberg News reported on Friday, citing people familiar with the matter.The business gives fintechs easier access to customer bank data, helping them offer smoother sign-ups and money transfers....Reuters
20 minutes ago
Belarus leader dampens hopes for mass prisoner release after Trump's appeal
Trump urged release of 1,300 prisonersLukashenko calls them 'bandits' who could 'wage war' Opposition says Trump put veteran leader in tight spotBy Mark TrevelyanAug 22 (Reuters) - Belarusian President Alexander Lukashenko on Friday dampened hopes for a mass release of prisoners that...Reuters
30 minutes ago
Waymo Working With New York State Leaders To Lay The Groundwork For Fully Autonomous Rides
Aug 22 (Reuters) - WAYMO: WORKING WITH NEW YORK STATE LEADERS TO LAY THE GROUNDWORK FOR FULLY AUTONOMOUS RIDESWAYMO: TAKING THE NEXT STEP TOWARD BRINGING FULLY AUTONOMOUS RIDES TO NEW YORKERSSource text: https://x.com/Waymo/status/1958914348648439914Reuters
33 minutes ago
India approaching U.S. trade issue with "very open mind", minister says
NEW DELHI, Aug 22 (Reuters) - India will address its future trade relationship with the United States with a "very open mind", Trade Minister Piyush Goyal said on Friday, just days before heavy extra U.S. tariffs are due to hit imports from the country. India-U.S. trade talks colla...Reuters
38 minutes ago
Germany's DHL joins peers in restricting US-bound parcel services
DUSSELDORF, Germany, Aug 22 (Reuters) - DHL DHLn.DE said on Friday Deutsche Post and its German parcel service would suspend the shipment of standard parcels for businesses to the U.S. in line with similar moves by European peers deterred by looming U.S. customs duties for low-value packages. U....Reuters
54 minutes ago
Euro zone bond yields dip after Fed chair Powell hints at September cut
By Joice Alves and Alun JohnLONDON, Aug 22 (Reuters) - Euro zone bond yields dropped on Friday, echoing a larger move in Treasuries after U.S. Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank's September meeting but stopped short of committing to doing so. T...Reuters
54 minutes ago
FACTBOX-From Wall Street to academia, who is in Trump's line of fire?
Aug 22 (Reuters) - U.S. President Donald Trump has escalated his criticism and actions against executives, corporations and institutions alike. His unprecedented actions, from novel export deals to frozen university grants, have upended the status quo between the government, law, academia and corpor...Reuters
55 minutes ago
MOVES-JPMorgan names Jerry Lee global chair of investment banking, memo shows
Aug 22 (Reuters) - Wall Street giant JPMorgan Chase JPM.N has named industry veteran Jerry Lee as global chair of investment banking, according to an internal memo seen by Reuters on Friday. The appointment comes as bankers worldwide anticipate a rebound in dealmaking in the second half of the year ...Reuters
55 minutes ago
Moody's cuts Spirit Airlines' credit rating further into junk territory
By Matt Tracy Aug 22 (Reuters) - U.S. airline operator Spirit Airlines took another hit to its credit rating on Friday after Moody's Ratings downgraded it two notches deeper into junk territory.In a report accompanying the downgrade on Friday, analysts from the ratings agency highlighted Dani...Reuters
an hour ago
Trump to tap Airbnb co-founder Gebbia to improve government websites, sources say
By Alexandra Alper and Courtney RozenAug 21 (Reuters) - U.S. President Donald Trump will appoint Airbnb co-founder Joe Gebbia to spearhead the new National Design Studio that will seek to make digital services at federal agencies more efficient, two officials familiar with the plan said.Trump signed...Reuters
an hour ago
Trump criticizes MSNBC, Comcast over news coverage, applauds CBS's new owner
WASHINGTON, Aug 22 (Reuters) - President Donald Trump on Friday criticized Comcast CMCSA.O and its cable news network MSNBC for its news coverage of his administration while praising CBS's new owner, tech scion David Ellison. "They're changing the name because they're ashamed of i...Reuters
an hour ago
Automakers rise after US Fed chair points to possible interest rate cut
** Shares of U.S. automakers rise in early trade** Shares of Ford F.N up 3.5%, General Motors GM.N up 3%** U.S.-listed shares of Stellantis STLAM.MI up 5% ** U.S. Federal Reserve Chair Jerome Powell signaled on Friday that an interest rate cut could be on the table at the central bank’s September me...Reuters
an hour ago
