Author: Press Room

© Reuters. FILE PHOTO: Sheila Bush, who is among women who have filed thousands of lawsuits against cosmetic companies alleging they sold hair relaxers associated with increased risk of uterine cancer, poses for a photo holding a picture of her mother, in St. Louis, By Diana Novak Jones (Reuters) – A federal judge on Monday allowed the majority of claims to move forward in sprawling litigation that claims chemical hair relaxer products made by L’Oreal USA, Revlon and others cause cancer and other injuries. Illinois-based U.S. District Judge Mary Rowland denied most of the companies’ arguments in their motion to…

3/3 © Reuters. FILE PHOTO: Smoke rises as displaced Palestinians take shelter at Al Shifa hospital, amid the ongoing conflict between Hamas and Israel, in Gaza City, November 8, 2023. REUTERS/Doaa Rouqa/File Photo 2/3 By Nidal al-Mughrabi GAZA (Reuters) – U.S. President Joe Biden said hospitals in the Gaza Strip must be protected and he hoped for “less intrusive” action by Israel as Israeli tanks advanced to the gates of the besieged enclave’s main hospital. Israeli tanks have taken up positions outside Al Shifa Hospital, Gaza City’s main medical center, which Israel says sits atop of tunnels housing a headquarters…

ithinksky/E+ via Getty Images U.S. soybean futures surged Monday as Brazil’s scorching heat does not appear to be moderating, creating the danger of damage to newer crops growing there, while enjoying an added boost on news that China bought more U.S. soybeans after making several purchases last week. Most-active soybeans (S_1:COM) for January delivery settled +2.8% to $13.85 1/2 per bushel on the Chicago Board of Trade, corn for December delivery (C_1:COM) also closed +2.8% to $4.77 1/4 per bushel, and December wheat (W_1:COM) ended +0.7% to $5.79 per bushel. The rally also helped lift CBOT soymeal futures, with the…

A small band of Republicans joined with all House Democrats on Monday to block a snap vote to impeach Alejandro Mayorkas, the homeland security secretary, turning back an attempt to oust him before a G.O.P.-led committee has completed its investigation into his agency’s handling of the southwest border.The impeachment vote was forced by Representative Marjorie Taylor Greene, a hard-right Republican from Georgia. But it was shot down by a vote of 209 to 201.Eight Republicans, including veteran lawmakers who want to see an impeachment investigation follow traditional steps, voted with Democrats to block the vote and send the matter to…

Horsehair worms can control a host’s brain and steer it to water, where it drowns.Scientists have studied the worms’ mind-controlling power for years. But what’s really going on?New research shows these clever creatures figured out how to steal DNA in order to manipulate hosts. 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 Horsehair worms look like simple creatures on the surface, but they’re actually some of nature’s most sophisticated bodysnatchers.These parasitic worms, which resemble dark and stringy horse hair, take control of their host’s…

US stocks close lower as inflation data looms

© Reuters. A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration By Rae Wee SINGAPORE (Reuters) – The battered yen was stuck near a three-decade low against the dollar on Tuesday, struggling to find a floor as the Bank of Japan’s (BOJ) ultra-easy monetary policy settings remained at odds with the prospect of higher-for-longer rates elsewhere. The Japanese currency similarly slumped to a 15-year low of 162.38 per euro in early Asia trade and slid to a roughly three-month trough of 186.25 per British pound. Against the dollar, the yen last stood at…

© Reuters. The Rivian name and logo are shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. REUTERS/Mike Blake (Reuters) – Rivian (NASDAQ:) Automotive plans to raise nearly $15 billion in debt to help build an electric vehicle manufacturing plant in Georgia, the EV maker said on Monday. The taxable bonds would be issued by the Georgia Department of Economic Development and the Joint Development Authority of Jasper, Morgan, Newton and Walton Counties, according to an agreement on Nov. 9, it said in a securities filing, adding that Rivian has agreed to purchase…

© Reuters. Department of Energy officials lead reporters on a tour of the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson WASHINGTON (Reuters) – The U.S. has bought 1.2 million barrels of oil to help replenish the Strategic Petroleum Reserve after selling the largest amount ever from the stockpile last year, the U.S. Energy Department said on Monday. The department said it bought the oil at an average price of $77.57 a barrel from two companies after 18 bids were submitted. The administration of President Joe Biden last year conducted the largest ever sale from the…

Drew Angerer Billionaire investor Seth Klarman’s Baupost made yet another about-turn on Amazon.com (NASDAQ:AMZN), having exited its stake in the tech and retail giant in Q3 2023 after retaking a position in the previous quarter. The fund also disposed off its holdings in railroad operator Union Pacific (NYSE:UNP), while taking in stakes in Israel-based Tower Semiconductor (NASDAQ:TSEM) and infrastructure and engineering firm Jacobs Solutions (NYSE:J). Baupost disclosed the information in its latest 13F filing for the three months ended September 30, 2023, published on Monday. The fund in Q3 shed the nearly 964K shares in Amazon (AMZN) it had retaken…