Pelosi: US cannot allow China’s ‘new normal’ over Taiwan

Pelosi: US cannot allow China’s ‘new normal’ over Taiwan

WASHINGTON, Aug 10 (Reuters) – House of Representatives Speaker Nancy Pelosi said on Wednesday the United States could not allow China to normalize the new level of pressure on Taiwan it asserted with days of military drills following her visit to the Chinese-claimed island. “What we saw with China is that they were trying to … Read more

Ukraine says it will respond to shelling of town, vows to hurt Russians more

Ukraine says it will respond to shelling of town, vows to hurt Russians more

Ukraine’s President Volodymyr Zelenskiy attends a joint news conference with Lithuanian President Gitanas Nauseda, as Russia’s attack on Ukraine continues, in Kyiv, Ukraine July 28, 2022. Ukrainian Presidential Press Service/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register Aug 10 (Reuters) – Ukraine will respond to the Russian shelling of a town … Read more

US charges Iranian with plotting to murder ex-Trump adviser Bolton

US charges Iranian with plotting to murder ex-Trump adviser Bolton

WASHINGTON, Aug 10 (Reuters) – The United States charged a member of Iran’s elite Revolutionary Guard Corps on Wednesday with plotting to murder John Bolton, a national security adviser to form President Donald Trump. The Justice Department alleged that Shahram Poursafi, also known as Mehdi Rezayi, 45, of Tehran, was likely motivated to kill Bolton … Read more

US House panel has right to see Trump tax records, court rules

US House panel has right to see Trump tax records, court rules

WASHINGTON, Aug 9 (Reuters) – A US House of Representatives committee has the right to see former President Donald Trump’s tax returns, a federal appeals court ruled on Tuesday, rejecting his claims that the request was invalid because it was politically motivated. The US Court of Appeals for the District of Columbia Circuit ruled against … Read more

Nasdaq slides as chipmaker Micron’s warning sparks tech rout

Nasdaq slides as chipmaker Micron’s warning sparks tech rout

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 8, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Micron tempers forecast as demand weakness deepens Novavax falls 25% after cutting revenue view by half Indexes mixed: Dow flat, S&P off … Read more

Biden says he is concerned about China’s moves around Taiwan

Biden says he is concerned about China’s moves around Taiwan

US President Joe Biden talks to reporters while boarding Air Force One on travel to Eastern Kentucky to visit families affected by devastation from recent flooding, as he departs from Delaware Air National Guard Base in New Castle, Delaware, US, August 8, 2022. REUTERS /Kevin Lamarque Register now for FREE unlimited access to Reuters.com Register … Read more

Explainer: What’s next for conspiracy theorist Alex Jones

Explainer: What’s next for conspiracy theorist Alex Jones

Aug 5 (Reuters) – A jury in Austin, Texas, decided on Friday that US conspiracy theorist Alex Jones must pay the parents of a child killed in the 2012 Sandy Hook massacre $45.2 million in punitive damages for falsely claiming the shooting was a hoax, on top of $4.1 million in compensatory damages. read more … Read more

Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway posts massive .8 billion loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in US stock prices … Read more

Amazon’s connected device cart grows with $1.7 billion deal for Roomba maker

Amazon’s connected device cart grows with .7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire the maker of robot vacuum cleaner iRobot Corp (IRBT.O) in an all-cash deal for about $1.7 billion, in the latest push by the world’s largest online retailer to expand its cart of smart home devices. Amazon will pay $61 per share, valuing the Roomba-maker at a … Read more

Tencent faces new video-game M&A challenge

Tencent faces new video-game M&A challenge

LONDON, Aug 5 (Reuters Breakingviews) – The frenzy in video-game dealmaking has reached a new level. China’s Tencent (0700.HK) wants to increase its 5% stake in smaller French rival Ubisoft Entertainment (UBIP.PA), the outfit behind the wildly popular “Assassin’s Creed” franchise, according to Reuters. The $380 billion company could offer the founding Guillemot family, who … Read more