EXCLUSIVE Biden’s emergency council calls for railroad wage increases to resolve contract talks

EXCLUSIVE Biden’s emergency council calls for railroad wage increases to resolve contract talks

US President Joe Biden walks to Air Force One as he departs for Washington, DC, from Joint Base Charleston, South Carolina, US, Aug. 16, 2022. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Aug. 16 (Reuters) – US President Joe Biden’s emergency council is tasked with helping major freight railroads … Read more

Elon Musk says he’s buying Manchester United

Elon Musk says he’s buying Manchester United

Tesla CEO Elon Musk watches as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi/ Register now for FREE unlimited access to Reuters.com Register Aug. 16 (Reuters) – Tesla (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday that he bought Manchester United Plc (MANU.N) football … Read more

Kenyan Odinga calls presidential election results ‘travesty’

Kenyan Odinga calls presidential election results ‘travesty’

Odinga calls on supporters to remain peaceful Tranquility returns to the streets of the Kibera slum and the city of Kisumu Election result rejected by majority of election officials NAIROBI/KISUMU, Aug. 16 (Reuters) – Kenyan politician Raila Odinga rejected the results of the Aug. 9 presidential election he lost to Vice President William Ruto and … Read more

US housing market starts near 1-1/2-year low; factory output bounce back

US housing market starts near 1-1/2-year low;  factory output bounce back

Home start-up drops 9.6%; building permits fall 1.3% Single-family start tumbles 10.1%; licenses decrease 4.3% Home construction backlog is up 5.0% Production production recovers 0.7% WASHINGTON, Aug. 16 (Reuters) – US housing construction fell to its lowest level in nearly 1-1/2 years in July, weighed down by higher mortgage rates and building materials prices, suggesting … Read more

Finland restricts visas for Russians amid influx of tourists to Europe

Finland restricts visas for Russians amid influx of tourists to Europe

HELSINKI, Aug. 16 (Reuters) – Finland will cut the number of visas issued to Russians from Sept. 1, Finland’s foreign ministry said in a statement on Tuesday, amid a flood of Russian tourists bound for Europe. Finnish land border crossings remain one of the few entry points into Europe for Russians after a series of … Read more

Philips bids farewell to CEO amid massive recall

Philips bids farewell to CEO amid massive recall

Van Houten leaves the helm after almost 12 years To be replaced on October 15 by Connected Care head Jakobs Shares up 2% but down more than 50% since product recall AMSTERDAM, Aug. 16 (Reuters) – Philips (PHG.AS) Chief Executive Frans van Houten will leave the company in October, the Dutch health tech company said … Read more

American Airlines bets on supersonic travel with Boom jet deal

American Airlines bets on supersonic travel with Boom jet deal

An American Airlines plane flies past the US Capitol before landing at Reagan National Airport in Arlington, Virginia, US, Jan. 24, 2022. REUTERS/Joshua Roberts/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – American Airlines Group Inc (AAL.O) on Tuesday agreed to purchase up to 20 jets from aircraft maker … Read more

Exclusive: Tencent plans to divest its $24 billion stake in Meituan

Exclusive: Tencent plans to divest its  billion stake in Meituan

Tencent wants to start selling Meituan shares this year – sources Sales tries to please regulators, monetize 8-year-old gambling resources Selling Shares Will Likely Be Done As Block Trading – Resources Move Comes Following Tencent’s Divestment of JD.com, SEA Holdings Meituan shares sink 10%; Restoring Tencent Shares HONG KONG, Aug. 16 (Reuters) – China’s Tencent … Read more

Cryptoverse: Electric Ether Jumps on the Brink of Merging

Cryptoverse: Electric Ether Jumps on the Brink of Merging

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into the water in this illustration, taken May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – It looks like the ethereum mega upgrade is happening. Finally. After years of delays, the “Merge” seems almost certain to take place … Read more

Ukraine calls on world to ‘show strength’ after shelling near nuclear power plant

Ukraine calls on world to ‘show strength’ after shelling near nuclear power plant

Zelenskiy wants new sanctions against Russian nuclear sector Ukraine and Russia blame shelling near factory IAEA has warned of factory disasters unless fighting stops Kiev, Aug. 16 (Reuters) – Ukraine called for new sanctions against Russia, highlighting the risks and consequences of a catastrophe at Europe’s largest nuclear power plant, where new shelling nearby has … Read more