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US proposes to fine ESPN $147,000 over improper emergency tones in NBA promotions

By David Shepardson WASHINGTON (Reuters) -The Federal Communications Commission said on Thursday it was proposing to fine Walt Disney’s ESPN network $147,000 for violating rules on broadcasting emergency alert tones during promotional segments for the start of the 2023-2024 NBA season. The use of the alert system or wireless emergency alert tones for any purpose …

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Yellen says high US tariff wall ‘deeply misguided’, would raise prices

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will say on Thursday that walling off the U.S. economy as proposed by Republican presidential candidate Donald Trump would be “deeply misguided,” raising prices for American consumers and making U.S. companies less competitive. Yellen, in excerpts of remarks to be delivered on Thursday afternoon …

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After Nevada lithium deal, GM eyes other sources for EV minerals supply

By Ernest Scheyder (Reuters) – General Motors is eyeing further North American investments in lithium and other critical minerals used to build electric vehicles after boosting its investment in a Nevada mine to nearly $1 billion earlier this week, an executive said on Thursday. The U.S. automaker on Wednesday said it would form a joint …

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Factbox-Democrats, Republicans battle over election rules in Harris-Trump contest

WASHINGTON (Reuters) -The U.S. presidential contest between Democrat Kamala Harris and Republican Donald Trump features an array of legal battles over how the votes are cast and counted that are likely to last beyond Election Day on Nov. 5. Here are some of the most significant voting-related disputes that are playing out in the seven …

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Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook

(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC’s strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, raised its expectation for annual revenue growth and said …

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Biden says will speak soon with Netanyahu on how to return hostages, end war

(Reuters) – U.S. President Joe Biden said on Thursday that slain Hamas leader Yahya Sinwar’s death marks a moment of relief for Israelis while providing the opportunity for a “day after” in Gaza without the militant group in power. “Yahya Sinwar was an insurmountable obstacle to achieving all of those goals. That obstacle no longer …

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