By Mehnaz Yasmin and David Henry (Reuters) -Citigroup Inc shares surged on Friday after the third-largest U.S. bank posted a smaller-than-expected 27% drop in quarterly profit on usual strength in its treasury services business and its trading desks ca…
Trump, adult children testimony postponed in light of Ivana Trump death
By Karen Freifeld (Reuters) – Former President Donald Trump’s testimony in the New York attorney general’s civil investigation into his business practices will not take place as scheduled in light of his ex-wife Ivana’s death, the attorney general’s of…
Wall St ends tumultuous week with strong rally as rate hike fears wane
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Friday, ending several days of sell-offs with a rebound fueled by upbeat earnings, strong economic data and easing fears of a larger-than-expected interest rate hike by the Feder…
NASA, Russian space agency sign deal to share space station flights – Roscosmos
(Reuters) – Russia’s space agency Roscosmos said on Friday it had signed an agreement with NASA to integrate flights to the International Space Station, allowing Russian cosmonauts to fly on U.S.-made spacecraft in exhange for American astronauts being…
Judge sets first hearing in Twitter lawsuits against Elon Musk
WILMINGTON, Del. (Reuters) – A judge will hear arguments on Tuesday for Twitter Inc’s request for a September trial in its lawsuit seeking to hold Elon Musk, the world’s richest person, to his $44 billion deal for the social media platform, according t…
Biden brings Palestinians aid but no new peace plan
By Steve Holland and Ali Sawafta BETHLEHEM, West Bank (Reuters) – U.S. President Joe Biden promised on Friday not to give up efforts to end the decades-long Israeli Palestinian conflict, though he offered no new proposals to restart the stalled politic…
Musk says Tesla could lower car prices if inflation slows
(Reuters) -Tesla Inc Chief Executive Officer Elon Musk said on Friday the electric automaker could lower prices for cars if inflation calms down. Musk, who has over 100 million followers on Twitter, was replying to a tweet on Friday that asked if the c…
Griner’s lawyers tell Russian court she was prescribed medical cannabis
KHIMKI, Russia (Reuters) – Lawyers defending U.S. basketball player Brittney Griner told a Russian court on Friday she was prescribed medical cannabis in the United States for a chronic injury, a Reuters journalist at the courtroom reported. Griner ple…
U.S. Senate to vote as soon as Tuesday on slimmed-down China chip bill -source
By Patricia Zengerle and David Shepardson WASHINGTON (Reuters) -Voting in the Senate on a bill to boost the U.S. semiconductor industry and improve competitiveness with China could begin as early as Tuesday, Senate Majority Leader Chuck Schumer has bee…
U.S., Israel sign joint pledge to deny Iran nuclear weaponry
By Steve Holland and Dan Williams JERUSALEM (Reuters) -U.S. President Joe Biden and Israeli Prime Minister Yair Lapid signed a joint pledge on Thursday to deny Iran nuclear arms, a show of unity by allies long divided over diplomacy with Tehran. The un…