ATHENS (Reuters) -An Iranian-flagged tanker anchored off the Greek port of Piraeus is expected this week to retrieve part of its cargo of oil confiscated by the United States and sail back to Iran following a Greek court ruling, government sources said…
Pentagon chief gave Pelosi security assessments but won’t comment on Taiwan
By Phil Stewart BRASILIA (Reuters) – U.S. Defense Secretary Lloyd Austin said on Wednesday he had spoken with U.S. House Speaker Nancy Pelosi and given her a security assessment but any comments about a trip she might make to Taiwan would have to come …
U.S. Senate passes bill to boost chip manufacturing, compete with China
By David Shepardson and Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate on Wednesday passed sweeping legislation to subsidize the domestic semiconductor industry, hoping to boost companies as they compete with China and alleviate a persistent s…
Wall St ends sharply higher after Fed rate hike, Powell comments
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks rallied on Wednesday, led by Nasdaq after the Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point and comments by Fed Chairman Jerome Powell reas…
‘No one explained any of it’ – Griner relives her arrest in Russian trial
KHIMKI, Russia (Reuters) -U.S. basketball star Brittney Griner told a Russian court on Wednesday she was not read her rights when detained at a Moscow airport in February, as she stands trial for drug charges that could see her face up to 10 years in p…
Fed opts for 75-basis-point rate hike, flags weakening economic data
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point on Wednesday in an effort to cool the most intense breakout of inflation since the 1980s,…
Powerful 7.1 earthquake strikes Philippines; at least 5 dead
By Neil Jerome Morales and ADRIAN PORTUGAL VIGAN, Philippines (Reuters) – A powerful 7.1 magnitude earthquake struck the northern Philippine island of Luzon on Wednesday killing at least five people, damaging buildings and sending strong tremors throug…
Alex Jones must pay for Sandy Hook falsehoods, parents’ lawyer says as defamation trial begins
By Jack Queen (Reuters) -U.S. conspiracy theorist Alex Jones led a “vile campaign of defamation” when he falsely claimed the 2012 Sandy Hook massacre was a hoax, a Texas jury was told on Tuesday, but a lawyer for Jones said his client already had paid …
Teva reaches proposed $4.25 billion settlement of U.S. opioid lawsuits
By Dietrich Knauth and Nate Raymond (Reuters) -Teva Pharmaceutical Industries on Tuesday announced a $4.25 billion proposed nationwide settlement that could resolve thousands of lawsuits over the drugmaker’s alleged role in the U.S. opioid epidemic. Th…
U.S. says Biden-Xi call expected to cover Taiwan tensions, Ukraine
By Alexandra Alper, Michael Martina and Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden and China’s leader Xi Jinping are expected to talk on Thursday, a source familiar with the planning said, amid tensions over Taiwan and Russia’s invasi…