By David Shepardson WASHINGTON (Reuters) -Norfolk Southern CEO Alan Shaw said on Tuesday the railroad will hold safety meetings and work to revitalize its safety culture as U.S. officials announced two new wide-ranging reviews in the wake of a spate of accidents. Norfolk Southern has been under fire after a number of derailments of its trains, …
Norfolk Southern vows to rebuild safety culture amid US probes Read More »
By Wayne Cole SYDNEY (Reuters) -The head of Australia’s central bank on Wednesday said it was closer to pausing its aggressive cycle of rate increases as policy was now in restrictive territory, and suggested a halt could come as soon as April. Reserve Bank of Australia (RBA) Governor Philip Lowe did reiterate that further tightening …
Australia’s central bank says closer to pausing on rate hikes Read More »
By Richard Cowan WASHINGTON (Reuters) -U.S. Senate Majority Leader Chuck Schumer on Tuesday accused House of Representatives Speaker Kevin McCarthy of helping Fox News stoke conspiracy theories by providing videos used by the cable network to portray the Jan. 6 Capitol rioters as peaceful. But McCarthy, who told reporters he had not seen the Fox …
US Senator Schumer condemns Speaker McCarthy for supplying Jan.6 videos to Fox Read More »
By Sarah N. Lynch and Nate Raymond WASHINGTON (Reuters) -A Missouri state law that declared several federal gun laws “invalid” is unconstitutional, a U.S. federal judge ruled on Tuesday, handing the U.S. Justice Department a victory in its bid to get the law tossed out. At issue was a measure Republican Governor Mike Parson signed …
U.S. judge rules Missouri state gun law is unconstitutional Read More »
By Sinéad Carew and Sruthi Shankar (Reuters) – U.S. stock indexes closed sharply lower on Tuesday after Federal Reserve Chair Jerome Powell told Congress the central bank will likely need to raise interest rates more than previously expected as it seeks to rein in stubbornly high inflation. Of Wall Street’s three major indexes, the Dow …
Wall Street falls more than 1% as Powell flags sharper rate hikes Read More »
By Gabriella Borter (Reuters) – Battles over abortion are heating up in state capitols across the United States as lawmakers wrestle with how much to restrict or expand access after the U.S. Supreme Court overturned Roe v. Wade last year. Here is a snapshot of state legislation seeking to restrict or protect abortion access in …
Factbox-U.S. state abortion legislation to watch in 2023 Read More »
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) -The Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in larger steps if the “totality” of incoming information suggests tougher measures are needed to control inflation, Fed Chair Jerome Powell told U.S. …
Fed’s Powell sets the table for higher and possibly faster rate hikes Read More »
By Brendan Pierson (Reuters) – Connecticut on Tuesday sued four gun companies it accused of violating state law by advertising and selling components that can be used to build so-called “ghost guns” without serial numbers that are difficult to trace. The lawsuit, filed in the Judicial District of Hartford, targets Florida-based Indie Guns LLC, Florida-based …
Connecticut accuses four companies of selling illegal ‘ghost gun’ parts Read More »
By Simon Lewis WASHINGTON (Reuters) – U.S. State Department spokesperson Ned Price will step down this month after more than two years and take up a new position reporting to Secretary of State Antony Blinken, the secretary said on Tuesday. Price was sworn in as spokesperson on Jan. 20, 2021, the day Joe Biden was …
U.S. State Dept spokesperson Price to step down after two years Read More »
By Gabriella Borter and Joseph Ax (Reuters) -Republican lawmakers in Florida filed bills on Tuesday to outlaw most abortions after six weeks of pregnancy, a ban that would severely undercut access to the procedure in the U.S. South if passed by the state’s Republican-controlled legislature. The bills, filed on the opening day of the legislature’s …
Florida Republican lawmakers propose a six-week abortion ban Read More »
