By Steve Holland and Patricia Zengerle WASHINGTON (Reuters) – U.S. President Joe Biden announced more than $8 billion in military assistance for Ukraine on Thursday to help Kyiv “win this war” against Russian invaders, using a visit by President Volodymyr Zelenskiy to make a major commitment. The aid includes the first shipment of a precision-guided…
(Reuters) – The Federal Communications Commission on Thursday finalized a $6 million fine for a political consultant over fake robocalls in imitating President Joe Biden that sought to dissuade people from voting for him in a New Hampshire’s primary election. In May, Steven Kramer, a Louisiana Democratic political consultant was indicted in New Hampshire over…
(Reuters) – Republican presidential candidate Donald Trump said on Tuesday that he will put a 100% tariff on every car coming into the United States across the Mexican border if he wins the Nov. 5 election against Democratic Vice President Kamala Harris. “We will put a 100% tariff on every single car coming across the…
Shares of former U.S. President Donald Trump’s media company tumbled over 5% to a new low on Monday, extending recent losses after restrictions on insider selling expired. Six straight sessions of declines in Trump Media & Technology Group, which is 57% owned by the Republican presidential candidate, have left its market capitalization at $2.5 billion….
By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its leadership amid efforts to revive sales and battle rising competition. The company’s shares rose 8% in after-hours trading. Hill…
By Medha Singh and Noel Randewich (Reuters) – While former U.S. President Donald Trump has said he will not sell his $1.7 billion stake in Trump Media after restrictions likely expire on Thursday, other insiders could soon cash in their gains. Trump Media & Technology Group is 57% owned by the Republican presidential candidate who…
LONDON (Reuters) – When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years, the move will resonate well beyond the United States. The size of a first move and the scale of overall easing remains open to debate, while a looming U.S. election is another complicating factor for…
By David Shepardson (Reuters) -Boeing said on Wednesday the planemaker will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its 737 MAX and other airplanes. “We are initiating temporary furloughs over the coming days that will impact a large number of US-based executives, managers…
By Sheila Dang (Reuters) – Billionaire Elon Musk has endorsed Republican former President Donald Trump in the race for the White House, but employees at his collection of companies are largely donating to Trump’s Democratic rival Kamala Harris. Workers at Tesla have contributed $42,824 to Harris’ presidential campaign versus $24,840 to Trump’s campaign, according to…
(Reuters) – The interest rate for the most popular U.S. home loan fell last week to its lowest level in two years, on anticipation the Federal Reserve will start cutting interest rates on Wednesday, potentially by as much as a half of a percentage point. The average contract rate on a 30-year fixed-rate mortgage dropped…
