Exclusive-Harris and her VP pick to tour battleground states next week, sources say

By Jarrett Renshaw and Nandita Bose (Reuters) -Vice President Kamala Harris will tour battleground states next week with her vice presidential candidate, two sources familiar with the planning said on Tuesday, a sign the selection process for her running mate is coming to a close. The high-stakes decision on who will run with Harris has…

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US-listed crypto stocks retreat following Trump-fueled spike

By Niket Nishant (Reuters) – Shares of New York-listed crypto firms fell on Monday as bitcoin dipped after breaching the $70,000-mark for the first time since mid-June. The sell-off erased gains from earlier in the session, when optimism fueled by Republican presidential candidate Donald Trump’s pro-crypto speech lifted stocks. The volatile cryptocurrency has often seen…

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Apple signs on to voluntary US scheme to manage AI risks, White House says

WASHINGTON (Reuters) – Apple Inc has signed U.S. President Joe Biden’s voluntary commitments governing artificial intelligence (AI), joining 15 other firms that have committed to ensuring that AI’s power is not used for destructive purposes, the White House said on Friday. The original commitments, announced in July 2023, were signed on to by firms including…

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Analysis-End of tax loophole risks dimming Shein’s IPO appeal, investors say

By Helen Reid LONDON (Reuters) – Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast fashion retailer’s long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said. Shein, which sells $5 tops and $10…

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Exclusive-Harris leads Trump 44% to 42% in US presidential race, Reuters/Ipsos poll finds

By Jason Lange (Reuters) – Vice President Kamala Harris opened up a marginal two-percentage-point lead over Republican Donald Trump after President Joe Biden ended his re-election campaign and passed the torch to her, a Reuters/Ipsos poll found. The poll, conducted on Monday and Tuesday, followed both the Republican National Convention where Trump on Thursday formally…

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Apple likely to release foldable iPhone as early as 2026, the Information reports

(Reuters) – Apple is likely to introduce its foldable iPhone as early as 2026, the Information reported on Tuesday, that could mark the biggest hardware design revamp for the company’s most popular product. The Cupertino, California-based company’s plan to release a foldable iPhone could mimic a similar move by Samsung Electronics, which pioneered the foldable…

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Foreign leaders react to Biden ending reelection campaign

(Reuters) -Following are reactions from foreign leaders and officials to U.S. President Joe Biden’s decision to end his campaign to seek reelection in November:   UKRAINIAN PRESIDENT VOLODYMYR ZELENSKIY: “Ukraine is grateful to President Biden for his unwavering support for Ukraine’s fight for freedom, which, along with strong bipartisan support in the United States, has…

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Impact of Biden’s economic agenda may be felt long after his presidency

By Howard Schneider WASHINGTON (Reuters) – U.S. President Joe Biden may not have gotten much credit politically for the thousands of grants and public investments his administration showered across the country, with airport or road projects in places like South Carolina and Wyoming unlikely to dent former President Donald Trump’s locked-in status in those deeply…

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Exclusive-Former attorney general Holder to vet Harris’ potential running mates, sources say

By Jeff Mason and Jarrett Renshaw (Reuters) -Former Attorney General Eric Holder and his law firm, Covington & Burling LLP, will conduct vetting of potential running mates for Vice President Kamala Harris’ campaign for the presidency, according to two sources familiar with the matter. Harris is running for the Democratic presidential nomination after President Joe…

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