Author: Reuters
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U.S. weekly jobless claims fall; job growth appears steady in July
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save WASHINGTON • The number of Americans filing new applications for jobless benefits fell last week, pointing to steady job growth in July, though some laid off workers are experiencing long spells of unemployment because of…
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Second judge blocks Trump’s sweeping freeze on federal funding
BOSTON • President Donald Trump’s administration suffered another legal blow in its efforts to freeze federal funding for programs that do not align with the Republican’s agenda Thursday when a second judge blocked it from implementing a sweeping pause on spending on grants, loans and other financial support. U.S. District Judge John McConnell in Providence,…
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Rep. Al Green’s heckling leads to punishment: What it means to censure a politician
The U.S. House of Representatives voted Thursday to censure Rep. Al Green, D-Texas, after heckling President Donald Trump at his congressional address Tuesday. “You don’t have a mandate,” Green said as he interrupted Trump’s speech to a joint Session of Congress. Green was ordered to be removed by Speaker of the House Mike Johnson. The…
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Skype’s final call set for May as Microsoft prioritizes Teams
(Reuters) – Skype will ring for the last time on May 5 as owner Microsoft retires the two-decade-old internet calling service that redefined how people connect across borders. Shutting down Skype will help Microsoft focus on its homegrown Teams service by simplifying its communication offerings, the software giant said on Friday. Founded in 2003, Skype’s…
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Facebook, Instagram down for thousands of users, Downdetector shows
(Reuters) – Meta’s Facebook and Instagram were down for thousands of users across the United States on Wednesday, according to outage tracking website Downdetector.com. There were more than 27,000 incidents of people reporting issues with Facebook and over 28,000 with Instagram, in an outage that started around 12:50 p.m. ET. WhatsApp, Meta’s messaging application, was…
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Survey: Homebuilder confidence at 7-month high in November
U.S. homebuilder sentiment rose to a seven-month high in November and expectations for sales in the next six months surged to the highest in about two-and-a-half years after a Republican election sweep fueled optimism for regulatory changes that could lead to more residential construction, a survey said Monday. The National Association of Home Builders/Wells Fargo…
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Netflix’s ad-supported tier hits 70 million users (copy)
Netflix said on Tuesday its ad-supported tier had reached 70 million monthly active users globally, nearly doubling from about six months earlier as customers seek more affordable options. The plan, priced at $6.99 per month in the U.S., now accounts for more than half of all new Netflix sign-ups in regions where it is available.…
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Cigna says it is not pursuing deal with rival Humana, shares jump
Cigna Group is not pursuing a combination with rival Humana, the health insurer said Monday, days after Donald Trump’s reelection as president raised investor hopes that the reported merger may pass antitrust scrutiny. Cigna said it “remains committed to its established M&A criteria and would only consider acquisitions that are strategically aligned, financially attractive and…
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What’s next for Donald Trump at the US Supreme Court?
WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday seemed poised to rule in favor of former President Donald Trump in a legal fight over whether he is eligible to remain on the ballot as he seeks to regain the presidency despite his actions around the Jan. 6, 2021, Capitol attack by his supporters. It…
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China says balloon over U.S. is civilian vessel blown off course
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save BEIJING (Reuters) – China said on Friday an “airship” that is flying over the United States is for civilian meteorological and other scientific purposes and voiced regret that it strayed into U.S. airspace. U.S. officials…