(Reuters) -New York Community Bancorp unit Flagstar Bank will lay off around 1,900 employees, the U.S. regional lender said on Thursday, amid efforts to turn around its struggling business. Flagstar announced around 700 job reductions and said an additional 1,200 jobs will be cut after it completes the sale of its mortgage servicing unit to …
By Sabine Siebold and Andrew Gray BRUSSELS (Reuters) -Ukrainian President Volodymyr Zelenskiy pitched his “victory plan” to the European Union and NATO on Thursday, receiving pledges of continued support but no endorsement from key allies of his call for an immediate NATO-membership invitation. Zelenskiy said Ukraine’s supporters would be making a “big mistake” and strengthen …
EU, NATO pledge Zelenskiy support but reticent on Ukraine ‘victory plan’ Read More »
By Laura Gottesdiener and Michael Martina WASHINGTON (Reuters) -A group of families whose loved ones died of fentanyl overdoses filed a petition with the office of U.S. Trade Representative Katherine Tai on Thursday, requesting a probe into China’s alleged role in fueling the U.S. synthetic opioid crisis. The petition was filed under Section 301 of …
Families of fentanyl victims ask U.S. for China tariffs over opioid crisis Read More »
By David French (Reuters) -The Dow Jones Industrial Average advanced on Thursday to its fourth record close in the last five sessions, as stronger-than-expected monthly retail sales indicated a robust U.S. consumer and TSMC’s upbeat forecast buoyed chipmakers’ stocks. The other main Wall Street benchmarks were largely unchanged, as the S&P 500 dipped to a …
Dow closes at another record high as chip stocks, retail data support Read More »
By Shivansh Tiwary (Reuters) – Republican U.S. presidential candidate Donald Trump said he received a call from Apple CEO Tim Cook over concerns about the financial penalties that have been imposed by the European Union on the iPhone maker. Apple did not respond to a request seeking confirmation of the authenticity of the phone call. …
Trump says Apple CEO Cook called him with concerns about EU penalties Read More »
By James Mackenzie, Nidal al-Mughrabi and Samia Nakhoul JERUSALEM/CAIRO (Reuters) -Hamas leader Yahya Sinwar, a mastermind of the Oct. 7, 2023, attack that triggered the Gaza war, has been killed by Israeli forces in the Palestinian enclave, Israel said on Thursday. His killing marks a huge success for Israel and a pivotal event in the …
Hamas leader Sinwar killed by Israeli troops in Gaza, Netanyahu says war will go on Read More »
By Cassandra Garrison MEXICO CITY (Reuters) -U.S. Ambassador to Mexico Ken Salazar said on Thursday that there is no pause in the strong relations between the Mexican government and the U.S. embassy in the country. WHY IT’S IMPORTANT U.S. is Mexico’s top trading partner, and both countries have a long history of cooperation on economic, …
US-Mexico relations remain strong, says ambassador to Mexico Read More »
By Luc Cohen (Reuters) – Republicans and their allies are preparing to contest the Nov. 5 U.S. presidential election, filing lawsuits state-by-state to challenge potential losses and forcing Democrats into a defensive posture for fear of post-vote chaos. “The 2020 election was free, fair, and secure, and Democrats are making sure that 2024 is the …
As Republicans prepare to contest election, Democrats play defense Read More »
By Karen Freifeld (Reuters) -The Biden administration on Thursday eased export restrictions on U.S. commercial space companies to ship certain satellite and spacecraft-related items to allies and partners. The changes are intended to make it easier for the growing U.S. commercial space industry to expand sales while also protecting national security and foreign policy interests. …
Biden administration eases restrictions on space-related exports to allies Read More »
By Jan Strupczewski BRUSSELS (Reuters) -European Union leaders agreed on Thursday to use all their leverage, including trade, development aid and visa policy, to speed up returns of migrants illegally entering the bloc and asked the European Commission to urgently draft a law. Immigration is a highly sensitive topic in most of the bloc’s 27 …
EU leaders set course for tougher policy to send back irregular migrants Read More »
