Reuters USA

In State of the Union speech, Biden challenges Republicans on debt and economy

By Jeff Mason, Nandita Bose and Gram Slattery WASHINGTON (Reuters) -President Joe Biden challenged Republicans to lift the U.S. debt ceiling and support tax policies that were friendlier to middle class Americans on Tuesday in a State of the Union speech that served as a blueprint for his 2024 re-election campaign. Assailing oil companies for …

In State of the Union speech, Biden challenges Republicans on debt and economy Read More »

Republicans meet Biden’s calls for unity with partisan broadside

By David Morgan WASHINGTON (Reuters) -Republicans rejected Democratic U.S. President Joe Biden’s call for bipartisanship in his State of the Union address on Tuesday, and instead accused him of stoking culture wars in a nation they described as deeply divided. A day after Republican U.S. House Speaker Kevin McCarthy called on Biden to work together …

Republicans meet Biden’s calls for unity with partisan broadside Read More »

Romney tells embattled Republican George Santos he ‘shouldn’t be in Congress’

(This Feb. 7 story has been refiled to restore dropped word “he” to the first sentence) WASHINGTON (Reuters) – U.S. Senator Mitt Romney told embattled fellow Republican Representative George Santos on Tuesday that he should not be in Congress and shouldn’t have taken a central seat at President Joe Biden’s State of the Union address. …

Romney tells embattled Republican George Santos he ‘shouldn’t be in Congress’ Read More »

Fox Corp boosts buyback by $3 billion as World Cup powers earnings

(Reuters) -Fox Corp expanded its share buyback plan by $3 billion on Wednesday and surpassed second-quarter revenue estimates as the FIFA World Cup and the U.S. midterm election boosted the Rupert Murdoch-controlled company’s advertising business. Its shares rose 5% after the company’s first results report since Murdoch last month scrapped a plan to reunite Fox …

Fox Corp boosts buyback by $3 billion as World Cup powers earnings Read More »

Walmart wins lawsuit claiming its Fudge Mint cookies lack fudge and mint

By Jonathan Stempel (Reuters) – A federal judge in Chicago has dismissed a proposed class action lawsuit accusing Walmart Inc of deceiving shoppers by selling Fudge Mint cookies that lacked fudge and mint. Eugene DeMaso, of La Salle, Illinois, said packaging for the cookies sold under Walmart’s Great Value label misled reasonable consumers because the …

Walmart wins lawsuit claiming its Fudge Mint cookies lack fudge and mint Read More »

Under Armour boosts profit forecast as discounts spur demand

By Ananya Mariam Rajesh (Reuters) -Under Armour Inc raised its annual profit forecast on Wednesday after quarterly results surpassed expectations thanks to resilient consumer spending and deep discounts that attracted holiday shoppers. Increased promotions offered during the all-important holiday season encouraged customers to look past recession worries and stock up on its athletic shoes and …

Under Armour boosts profit forecast as discounts spur demand Read More »

Southwest CEO Jordan finds himself in eye of storm after airline’s holiday debacle

By Rajesh Kumar Singh CHICAGO (Reuters) – Bob Jordan, Southwest Airlines Co’s CEO, faces the biggest challenge yet in his 35-year career at the airline that has built a customer-friendly reputation. After a high-profile systems meltdown in late December that left thousands of U.S. passengers stranded and fuming, Jordan must guide the airline’s recovery from …

Southwest CEO Jordan finds himself in eye of storm after airline’s holiday debacle Read More »

Exclusive-Peru mines power on despite protests, though shutdown risk looms

By Alexander Villegas and Adam Jourdan ESPINAR, Peru (Reuters) – Peru’s biggest copper mines have been able to maintain production despite road blockades, attacks and protests that have roiled the Andean nation for over two months and led to warnings of production halts, an analysis showed on Wednesday. The analysis of power usage data by …

Exclusive-Peru mines power on despite protests, though shutdown risk looms Read More »