Jan 12 (Reuters) – A U.S. judge on Monday will consider a request from Danish energy company Orsted for an injunction against the Trump administration’s decision to halt its $5 billion Revolution Wind project off the coast of Rhode Island. The company’s lawsuit is one of several filed by offshore wind companies and states seeking…
By Jonathan Stempel Jan 12 (Reuters) – The parent of Pacific Gas and Electric reached a $100 million settlement with shareholders who accused the utility operator of misleading them about its wildfire prevention and safety protocols before wildfires in northern California in 2017 and 2018. A preliminary settlement with PG&E was filed on Saturday with…
By David Lawder LE SUEUR, Minnesota, Jan 9 (Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has notified four money transfer firms they are under investigation for alleged fraud as part of a crackdown on federal social benefits abuses in Minnesota, Treasury Secretary Scott Bessent said on Friday. Bessent also told a…
By John Kruzel WASHINGTON, Jan 9 (Reuters) – The U.S. Supreme Court agreed on Friday to hear a dispute involving fines imposed by the Federal Communications Commission on major U.S. wireless carriers for sharing customer location data without consent in the latest case to reach the justices challenging the powers of a U.S. regulatory agency….
NEW YORK, Jan 9 (Reuters) – U.S. job growth slowed more than expected in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, but the unemployment rate dipped to 4.4%, supporting expectations the Federal Reserve would leave interest rates unchanged this month. Nonfarm payrolls increased by 50,000 jobs last…
By Kanishka Singh Jan 8 (Reuters) – Canadian Prime Minister Mark Carney spoke to Brazilian President Luiz Inacio Lula da Silva on Thursday about the situation in Venezuela, and the two countries have affirmed their support for a “peaceful, negotiated, and Venezuelan-led transition process.” The U.S. military seized ousted Venezuelan leader Nicolas Maduro and his…
KYIV, Jan 9 (Reuters) – Russia has attacked two foreign-flagged civilian vessels with drones in the southern Odesa region, killing a Syrian national and injuring another, Ukrainian officials said on Friday. Moscow has stepped up attacks on Ukraine’s maritime export arteries over the last two months as retaliation for attacks on “shadow fleet” tankers heading…
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By Niket Nishant and Pranav Kashyap Jan 7 (Reuters) – European stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest U.S.–Venezuela developments and sifted through a fresh batch of economic data. Even though markets have mostly shrugged off the recent uptick in geopolitical risk, investors turned…
By Joyce Lee SEOUL, Jan 9 (Reuters) – A South Korean court trying former President Yoon Suk Yeol on insurrection charges put off a sentencing request till next week after a marathon session on Friday, in a case that could give him the death penalty over his failed martial law bid in 2024. Yoon, who…
