U.S. new home sales rebound in May; consumer sentiment at record low

U.S. new home sales rebound in May; consumer sentiment at record low

Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones/File Photo Register now for FREE unlimited access to Reuters.com Register New home sales rebound 10.7% in May; April data revised up Median house price jumps 15.0% to … Read more

U.S. Senate passes gun safety bill as Supreme Court knocks down handgun limits

U.S. Senate passes gun safety bill as Supreme Court knocks down handgun limits

WASHINGTON, June 23 (Reuters) – A bipartisan package of modest gun safety measures passed the U.S. Senate late on Thursday even as the Supreme Court broadly expanded gun rights by ruling Americans have a constitutional right to carry handguns in public for self-defense. The landmark court ruling and Senate action on gun safety illustrate the … Read more

U.S. bans sales of Juul e-cigarettes, company to seek stay on enforcement

U.S. bans sales of Juul e-cigarettes, company to seek stay on enforcement

June 23 (Reuters) – Sales of Juul e-cigarettes were blocked by the U.S. Food and Drug Administration on Thursday, in a major blow to the once high-flying firm whose products have been tied to a surge in teenage vaping. The agency said the applications “lacked sufficient evidence” to show that sale of the products would … Read more

Toyota recalls first mass-produced EVs less than 2 months after launch

Toyota recalls first mass-produced EVs less than 2 months after launch

2023 Toyota bZ4X all-electric SUV is displayed during the 2021 LA Auto Show in Los Angeles, California, U.S. November, 17, 2021. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register TOKYO, June 23 (Reuters) – Toyota Motor Corp (7203.T) said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) … Read more

New York braces for more guns after landmark Supreme Court ruling

New York braces for more guns after landmark Supreme Court ruling

NEW YORK, June 23 (Reuters) – The mayor of New York City and New York’s governor voiced alarm on Thursday after the U.S. Supreme Court struck down the state’s restrictions on carrying concealed handguns in public, saying more people will now be toting firearms and everyone will be less safe. Mayor Eric Adams, a Democrat … Read more

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says market threatened by ‘Lehman Brothers’ moment Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday … Read more

EXCLUSIVE Nike to make full exit from Russia

EXCLUSIVE Nike to make full exit from Russia

PARIS/COPENHAGEN/LONDON, June 23 (Reuters) – Nike (NKE.N) is making a full exit from Russia three months after suspending its operations there, the U.S. sportswear maker told Reuters on Thursday, as the pace of Western companies leaving the country accelerates. Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated … Read more

Rupert Murdoch and Jerry Hall are getting a divorce – NYT

Rupert Murdoch and Jerry Hall are getting a divorce – NYT

91st Academy Awards – Vanity Fair – Beverly Hills, California, U.S., February 24, 2019 – Rupert Murdoch and Jerry Hall. REUTERS/Danny Moloshok Register now for FREE unlimited access to Reuters.com Register June 22 (Reuters) – Media mogul Rupert Murdoch and actress Jerry Hall are getting a divorce, the New York Times reported on Wednesday, citing … Read more

Bulgarian government loses no-confidence vote, early elections loom

Bulgarian government loses no-confidence vote, early elections loom

Disputes over fiscal policy as inflation soared Government had strong NATO stance Petkov hopes for defections to form new government SOFIA, June 22 (Reuters) – A no-confidence vote on Wednesday toppled Bulgaria’s government and Prime Minister Kiril Petkov, who had pledged to tackle corruption and took an unusually strong stance against Russia. Opposition lawmakers brought … Read more

Musk says Tesla’s new car factories ‘losing billions of dollars’

Musk says Tesla’s new car factories ‘losing billions of dollars’

SAN FRANCISCO, June 22 (Reuters) – Tesla Inc’s (TSLA.O) new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to increase production because of a shortage of batteries and China port issues, Chief Executive Elon Musk said in an interview published on Wednesday. “Both Berlin and Austin factories are gigantic … Read more