By Selena Li, Kane Wu and Xie Yu HONG KONG (Reuters) – Hong Kong leader John Lee on Wednesday pitched the city’s connection with China in an address to some of the world’s top financial executives, as he strives to rebuild the Chinese territory’s COVID…
Washington state sues to block Albertsons’ $4 billion payout to shareholders
(Reuters) -Washington State Attorney General Bob Ferguson filed a lawsuit on Tuesday to block grocery chain Albertsons Cos Inc from paying dividends to shareholders before closure of its proposed merger with supermarket operator Kroger Co. The $4 billi…
Republicans could cut Social Security, Biden says in Florida
By Nandita Bose and Trevor Hunnicutt HALLANDALE BEACH, Fla. (Reuters) -U.S. President Joe Biden warned Florida voters that Social Security and Medicare could be repealed by Republicans, an effort to make healthcare and retirement benefits an issue ahea…
Wall St slips as jobs data dents hopes for Fed rate deceleration
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower for a second straight session on Tuesday after data indicating that the labor market remained on solid ground dimmed hopes the Federal Reserve might have enough reason to begin reducing…
Biden approval ticks up as Democrats brace for midterm elections – Reuters/Ipsos
By Jason Lange WASHINGTON (Reuters) – President Joe Biden’s approval rating edged higher with just a week to go before U.S. midterm elections when his Democratic Party is expected to lose control of the House of Representatives, a Reuters/Ipsos opinion…
U.S. Supreme Court allows Graham questioning in Georgia election probe
By Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday declined to block Senator Lindsey Graham from having to testify before a grand jury in a criminal investigation of Donald Trump’s efforts to overturn his 2020 election loss in the …
Trump ally Tom Barrack’s UAE ties not “nefarious”, defense says
By Luc Cohen NEW YORK (Reuters) -There was “nothing nefarious” about former private equity executive Tom Barrack’s ties with United Arab Emirates officials, Barrack’s defense lawyer said during closing arguments on Tuesday, denying prosecutors’ charges…
Suspect in hammer attack on Paul Pelosi pleads not guilty to state charges
By Paresh Dave SAN FRANCISCO (Reuters) -The man charged with breaking into U.S. House Speaker Nancy Pelosi’s San Francisco home and clubbing her husband in the head with a hammer pleaded not guilty to attempted murder and other charges and was ordered …
Jump in U.S. job openings may jolt Fed yet again
By Howard Schneider WASHINGTON (Reuters) – A jump in U.S. monthly job openings has thrown the Federal Reserve another confounding bit of data for its policy meeting this week, with more evidence that rapid interest rate increases have yet to bite hard …
How new U.S. laws could trip up voters in the midterm elections
By Julia Harte (Reuters) -U.S. states have enacted more than 30 new voting restrictions since 2020, from voter ID requirements to limits on mail-in voting, fueling tensions between Republicans and Democrats ahead of November’s general election. Republi…