By Steve Holland and David Brunnstrom WASHINGTON (Reuters) -An unfolding crisis over the U.S. debt ceiling prompted President Joe Biden on Tuesday to postpone plans to visit Papua New Guinea and Austr[...]
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May 16, 2023
Reaction to Biden-McCarthy debt ceiling meeting
WASHINGTON (Reuters) -President Joe Biden and top Republican lawmakers met at the White House for less than an hour on Tuesday to break a deadlock over raising the $31.4 trillion U.S. debt limit, and[...]
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US House Republicans blast EPA refusal to appear at EV hearing
By David Shepardson WASHINGTON (Reuters) -The Republican majority on a U.S. House of Representatives panel criticized two Environmental Protection Agency officials who declined to appear at a hearing[...]
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OpenAI chief concerned about AI being used to compromise elections
By Diane Bartz, Zeba Siddiqui and Jeffrey Dastin WASHINGTON (Reuters) -The CEO of OpenAI, the startup behind ChatGPT, told a Senate panel on Tuesday the use of artificial intelligence to interfere wit[...]
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U.S. charges Apple ex-employee for trying to steal technology, fleeing to China
By Sarah N. Lynch, David Shepardson and Karen Freifeld WASHINGTON (Reuters) – The United States on Tuesday announced charges in five cases involving alleged efforts to steal technology to benefi[...]
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Norfolk Southern bondholders sue over safety disclosures preceding Ohio derailment
By Jonathan Stempel NEW YORK (Reuters) – Norfolk Southern Corp was sued on Tuesday by bondholders who said they lost hundreds of millions of dollars because the railroad concealed safety risks p[...]
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US government CDS spreads decline as debt ceiling negotiations progress
NEW YORK (Reuters) – A measure of the cost to insure exposure to U.S. government debt declined on Tuesday as Democratic President Joe Biden and top congressional Republican Kevin McCarthy edged[...]
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Biden administration grants Mountain Valley Pipeline permit
By Timothy Gardner (Reuters) -The Biden administration on Tuesday approved a permit to allow the Mountain Valley natural gas pipeline, a project a key Democratic senator has pushed in legislation to s[...]
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Capital One shares rebound after Warren Buffett makes near $1 billion bet on bank
By Chibuike Oguh, Niket Nishant and Chuck Mikolajczak (Reuters) -Shares of Capital One Financial Corp rose on Tuesday, rebounding from two weeks of losses after billionaire investor Warren Buffett[...]
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