Author: Press Room

GOP Rep. George Santos of New York was expelled from Congress on Friday.He’s the sixth representative in US history to be expelled from the House.The last congressmen who was expelled was Democratic Rep. James Traficant of Ohio in 2002. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app New York Rep. George Santos was expelled from Congress on Friday after House members voted 311-114 to remove the scandal-ridden GOP congressman from his seat.That puts Santos on a short list of congressmen who were also booted…

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Standing among the piles of books being carefully arranged to attract passing shoppers in the Piccadilly branch of Waterstones in London, James Daunt is confident that this Christmas will be another cracker for his book shops. Before Daunt became managing director of the UK’s biggest bookseller over a decade ago, Christmas and January sales were the chain’s saviour, making enough money to cover losses incurred during every other month of the year.Now, the stores make money every month of the year, even if Christmas is still an important bump. “It was a ‘pile high, sell it cheap’ sort of world. We…

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© Reuters. FILE PHOTO: Silja Yraola, an employee of Icelandic startup Carbfix, enters the dome with injection well at its facility in Olfus, Iceland, November 21, 2023. Icelandic startup Carbfix is the world’s first CO2 mineral storage operator, permanently sequeste By Timothy Gardner (Reuters) – Governments and investors are pouring billions of dollars into emerging technologies to combat global warming in long-shot bets that entrepreneurship can help lead the way to a climate-friendly world. As officials from nearly 200 countries seek to forge agreements at the U.N. COP28 climate summit in Dubai this month, they will also be considering deployment…

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© Reuters. FILE PHOTO: A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton/File Photo HONG KONG (Reuters) – A key offshore creditor group of China Evergrande (HK:) Group supports keeping the developer operating, the South China Morning Post (SCMP) reported ahead of a court hearing on Monday that could decide to liquidate the indebted firm. The group, which owns about $2 billion in offshore notes guaranteed by Evergrande, issued a statement late on Friday urging that Hengda Real Estate, Evergrande’s flagship onshore…

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A federal judge in Washington, D.C. denied former President Trump’s claim of presidential immunity on Friday and ruled against his request to drop the Jan. 6 case.U.S. District Judge Tanya Chutkan of the District of Columbia, responding to Trump’s claim that the Constitution grants him “absolute immunity from criminal prosecution for actions performed within the ‘outer perimeter’ of his official responsibility,” wrote that the former president doesn’t have a “lifelong ‘”get-out-of-jail-free’ pass.””Former Presidents enjoy no special conditions on their federal criminal liability. Defendant may be subject to federal investigation, indictment, prosecution, conviction, and punishment for any criminal acts undertaken while…

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Stay informed with free updatesSimply sign up to the Media myFT Digest — delivered directly to your inbox.In the days when Armani-suited TV executives displayed their charismatic socks while lounging in directional chairs and making rulings about the tastes of the Great British Public, the old saw was that you could never axe Newsnight because it was beloved by politicians.A BBC2 channel head looking to make their mark in the credible world of arts documentaries and risqué drama would bemoan the curse of a serious, public service nightly programme on which everyone in Westminster loved to appear. An interview with…

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© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo NEW YORK(Reuters) – The benchmark closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut them next year as inflation cools. The index closed at 4,594.63 points, up 26.83 points, or 0.59%, and topping the close on July 31 at 4,588.96, which had been the prior high of 2023. U.S. stocks rebounded in November following three…

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© Reuters. FILE PHOTO: A Boeing E-4B “Doomsday Plane” military aircraft takes off at Joint Base Andrews, in Maryland, U.S., May 11, 2022. REUTERS/Tom Brenner/File Photo By Valerie Insinna and Mike Stone WASHINGTON (Reuters) – The U.S. Air Force has eliminated Boeing (NYSE:) from its competition to develop a successor to the E-4B Nightwatch, Boeing confirmed on Friday, shaking up the battle to build the next version of the aircraft known as the “Doomsday Plane” due to its ability to survive a nuclear war. The move leaves privately-held defense contractor Sierra Nevada Corp as the lone company publicly vying for…

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