EV startup Canoo posts larger-than-expected loss in first quarter
(Reuters) - Electric vehicle startup Canoo posted a larger-than-expected loss for the first quarter on Tuesday, but kept its outlook for the year unchanged. Slowing demand in the United States and stiff competition from Chinese EV makers in the wor...
30m ago
Video of rebel commander Marquez is real-Colombia government
By Luis Jaime Acosta BOGOTA (Reuters) -A video released over the weekend of Colombian rebel commander Ivan Marquez, who had reportedly died last year, is real, defense minister Ivan Velasquez said on Tuesday. Marquez, the well-known leader of a faction...
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US federal court enforces SEC's subpoena to depose Elon Musk
SAN FRANCISCO (Reuters) - A federal court said that Elon Musk must testify again in the U.S. Securities and Exchange Commission's investigation into his $44 billion takeover of Twitter, according to a court filing on Tuesday. The SEC sued Musk in O...
31m ago
Golf-Top-ranked Scheffler getting advice on how to be number one dad at PGA
By Steve Keating (Reuters) - As the world's top ranked golfer Scottie Scheffler does not need advice on how to improve his game, but was getting plenty of input on how to be a number one dad on Tuesday as the first time father went to work preparin...
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Defying West, Russia's Putin due to meet Xi Jinping in Beijing
By Greg Torode and Guy Faulconbridge HONG KONG/MOSCOW (Reuters) - Russian President Vladimir Putin's Beijing visit on Thursday is likely to be light on hard deals but will mark the start of his new presidential term with a show of support from his ...
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Tennis-Serena Williams to host 2024 ESPYs in July
(Reuters) - Tennis great Serena Williams will host the 2024 ESPYs in July, ESPN announced on Tuesday. The 23-times Grand Slam champion, who retired after the 2022 U.S. Open and is widely regarded as one of the greatest tennis players of all time, w...
1h ago
Eli Lilly reaches settlement with spa selling Mounjaro, Zepbound knockoffs
(Reuters) - Eli Lilly has entered into a settlement deal with a medi spa that had sold counterfeit versions of its popular diabetes drug Mounjaro and weight loss treatment Zepbound, the drugmaker said on Tuesday. As part of the deal, Totality Medis...
1h ago
Biden would veto Israel assistance bill if it passes
(Reuters) - U.S. President Joe Biden would veto a bill on Israel security assistance in Congress if it passes, the White House said on Tuesday. (Reporting by Costas Pitas and Dan Whitcomb)
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Browns S Rodney McLeod to retire after 2024 season
Cleveland Browns safety Rodney McLeod said he plans to retire following the 2024 NFL season. McLeod, who turns 34 in June, missed the last seven games of the 2023 campaign with a biceps injury. "This is the last lap for me. It's been a long career," ...
1h ago
Morning Bid: Markets buoyant, but wary of CPI, tariffs
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets should open in upbeat mood on Wednesday as lower U.S. bond yields and a weaker dollar reflect expectations that the Fed will cut interest rates as early as Septem...
1h ago