By Chavi Mehta (Reuters) -IT hardware and services company IBM Corp beat quarterly revenue expectations on Monday but warned the hit from forex for the year could be about $3.5 billion due to a strong dollar. A hawkish Federal Reserve and heightened ge…
Wall Street reverses course on slide in Apple shares
By Echo Wang (Reuters) – Wall Street stocks declined on Monday on a slide in bank stocks and shares of Apple, after a report said the company plans to slow hiring and spending growth next year. The S&P 500 financial sector was down 0.16% despite earnin…
Increasingly bitter race to replace UK PM Johnson narrows to four
By Kylie MacLellan and Alistair Smout LONDON (Reuters) -Britain’s former finance minister Rishi Sunak held onto his lead in the race to become Britain’s next prime minister on Monday as another hopeful was knocked out, leaving four candidates in an inc…
Millions of dollars in jewelry stolen from armored car in California
By Randi Love (Reuters) -Millions of dollars in jewelry and gems belonging to exhibitors at a California retail show were stolen from an armored car traveling north of Los Angeles last week, authorities said on Monday. The robbery took place in the ear…
Zelenskiy sidelines close allies in Kyiv’s biggest purge of war
By Tom Balmforth and Max Hunder KYIV (Reuters) – President Volodymyr Zelenskiy sidelined his childhood friend as head of Ukraine’s security service and another close ally as top prosecutor in Kyiv’s biggest internal purge of the war, citing their failu…
Mexican president renewed asylum offer for Assange in letter to Biden
(Reuters) – Mexico’s President Andres Manuel Lopez Obrador said on Monday he gave a letter to U.S. President Joe Biden where he defended Julian Assange’s innocence and renewed a previous offer of asylum to the WikiLeaks founder. The United Kingdom last…
Florida prosecutor calls for Parkland school shooter to receive death penalty
By Brian Ellsworth FORT LAUDERDALE (Reuters) -A prosecutor on Monday urged jurors to sentence to death the gunman who killed 17 people in a mass shooting at a Florida high school in 2018. Nikolas Cruz, 23, pleaded guilty in October to the premeditated …
Exclusive-Pentagon nears F-35 jet deal worth about $30 billion – sources
WASHINGTON (Reuters) – The U.S. Department of Defense is nearing a handshake agreement with Lockheed Martin Corp for around 375 F-35 fighter jets over three years, three sources said on Monday, amid expectations of a price increase for the most common …
Jury selection advances in Trump ex-adviser Bannon’s contempt of Congress trial
By Sarah N. Lynch WASHINGTON (Reuters) -Jury selection was proceeding on Monday in the criminal trial of Steve Bannon, a prominent former presidential aide to Donald Trump, for defying a subpoena from the congressional committee investigating last year…
Indiana gunman identified as 20-year-old local man
By Cheney Orr and Brendan O’Brien GREENWOOD, Ind. (Reuters) -The gunman who killed three people at a shopping mall near Indianapolis over the weekend before an armed bystander shot him dead was a 20-year-old local who had a juvenile record but no crimi…