• Restaurant Dishes Labeled Gluten-Free Often Are Not
    Restaurant_dishes_labeled_gluten-free_often_are_not 2019-04-02 22:07:57 UTC
    For people with celiac disease, even tiny amounts of gluten in foods can cause trouble, and restaurants may be the hardest places to avoid the hidden protein, a U.S. study suggests. More than half of gluten-free pizza and pasta dishes tested in restaurants were positive for the presence of gluten, and overall, about one third of supposedly gluten-free foods had some gluten, researchers report in the American Journal of Gastroenterology. “The long-suspected problem of gluten contamination in restaurant foods that has been reported by patients likely has some truth behind it,” said senior study author Dr. Benjamin Lebwohl, director of ...
  • Oil Prices Continue to Rise Amid OPEC-Led Supply Cuts
    Oil_prices_rose__lifted_by_a_weak_dollar 2019-04-02 21:38:57 UTC
    NEW YORK (Reuters) - Oil prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut. Brent futures reached a session peak at $69.52 a barrel, the highest since Nov. 13. The global benchmark rose 36 cents, or 0.52 percent, to settle at $69.37 a barrel. U.S. West Texas Intermediate (WTI) crude rose 99 cents, or 1.61 percent, to settle at $62.58 a barrel, after touching $62.75, its highest level since Nov. 7. The United States is considering more sanctions against Iran, the ...
  • U.S. Judge Approves Bankruptcy Loan for PG&E
    Us_utility_company_pg_e_is_exploring_filing_for_bankruptcy 2019-03-27 18:31:51 UTC
    SAN FRANCISCO (Reuters) - Bankrupt California power provider PG&E Corp won court approval on Wednesday for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes. San Francisco-based PG&E filed for Chapter 11 bankruptcy protection in January in the aftermath of devastating wildfires that struck California in recent years, some linked or suspected to be linked to the company’s equipment. Judge Dennis Montali of the U.S. Bankruptcy Court in San Francisco approved the debtor-in-possession loan over objections of a committee representing victims of w...
  • Chinese Company to Sell Popular Dating App Grindr
    Chinese_company_to_sell_the_popular_dating_app_grindr 2019-03-27 17:54:06 UTC
    (Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter. The Committee on Foreign Investment in the United States (CFIUS) has informed Kunlun that its ownership of West Hollywood, California-based Grindr constitutes a national security risk, the two sources said. CFIUS’ specific concerns and whether any attempt was made to mitigate them could not be learned. The United States has been increasingly scrutinizing app deve...
  • Scientists' evidence for man-made global warming hits 'gold standard'
    Alarming_research_finds_global_warming_is_accelerating_sea_level_rise 2019-02-25 18:33:18 UTC
    OSLO (Reuters) - Evidence for man-made global warming has reached a “gold standard” level of certainty, adding pressure for cuts in greenhouse gases to limit rising temperatures, scientists said on Monday. “Humanity cannot afford to ignore such clear signals,” the U.S.-led team wrote in the journal Nature Climate Change of satellite measurements of rising temperatures over the past 40 years. They said confidence that human activities were raising the heat at the Earth’s surface had reached a “five-sigma” level, a statistical gauge meaning there is only a one-in-a-million chance that the signal would appear if there was no warming. ...
  • Sanders to Ask Why Drug, Once Free, Now Costs $375k
    Bernie_sanders 2019-02-04 16:47:41 UTC
    WASHINGTON (Reuters) - U.S. Senator Bernie Sanders sent a letter to Catalyst Pharmaceuticals on Monday asking it to justify its decision to charge $375,000 annually for a medication that for years has been available to patients for free. The drug, Firdapse, is used to treat Lambert-Eaton Myasthenic Syndrome (LEMS), a rare neuromuscular disorder, according to the letter, made available to Reuters by the senator’s office. The disorder affects about one in 100,000 people in the United States. The government is intensifying its scrutiny of the pharmaceutical industry and rising prescription drug prices, a top voter concern and a priority...
  • Venezuela President Maduro Breaks Diplomatic Relations with US
    Venezuela_president_maduro_breaks_breaks_diplomatic_relations_with_us 2019-01-23 20:40:45 UTC
    CARACAS (Reuters) - Venezuelan President Nicolas Maduro said on Wednesday he was breaking diplomatic relations with the United States, after the Trump administration recognized opposition leader Juan Guaido as the South American country’s interim president. Speaking to supporters outside the Miraflores presidential palace in Caracas, socialist leader Maduro said he would give U.S. diplomatic personnel 72 hours to leave Venezuela, which is suffering from a hyperinflationary economic collapse. Reporting by Caracas Newsroom, Editing by Rosalba O'Brien
  • US Utility Company PG&E Explores Filing for Bankruptcy
    Us_utility_company_pg_e_is_exploring_filing_for_bankruptcy 2019-01-06 03:42:30 UTC
    (Reuters) - California utility company PG&E Corp (PCG.N) is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017, people familiar with the matter said on Friday. The company is considering the move as a contingency, in part because it could soon take a significant financial charge for the fourth quarter of 2018 related to liabilities from the blazes, the sources said. A bankruptcy filing is not certain, the sources said. The company could receive financial help through legislation that would let it pass on to customers costs a...
  • U.S. judge in Trump Foundation case rebuffs political bias defense
    U.s._judge_in_trump_foundation_case_rebuffs_political_bias_defense 2018-10-25 19:15:39 UTC
    NEW YORK (Reuters) - A New York judge said on Thursday that she would not entertain arguments that political bias was at the heart of a case alleging the president unlawfully used his charity to help his 2016 campaign and to benefit his businesses. “I don’t want to get involved with that,” New York Supreme Court Justice Saliann Scarpulla said at a hearing that focused on a motion submitted by President Donald Trump’s lawyers in August asking the judge to dismiss the case on the grounds the lawsuit was politically motivated and arguing Trump and his children did not break any laws. <i>Reporting by Nathan Layne in New York; Editing b...
  • Germany to halt all arms exports to Saudi
    Merkel_germany_to_halt_all_german_arms_exports_to_saudi 2018-10-22 21:35:32 UTC
    ORTENBERG, Germany (Reuters) - German Chancellor Angela Merkel on Monday called the killing of journalist Jamal Khashoggi at the Saudi consulate in Istanbul a “monstrosity” and vowed to halt all German arms exports to Riyadh until the case is cleared up. Merkel, in her harshest comments to date, decried what she called “the monstrosity there in the Saudi consulate in Turkey” during a campaign rally in the town of Ortenberg before a regional election in the state of Hesse on Sunday. “It must be cleared up. As long as it’s not cleared up, there will be no arms exports to Saudi Arabia. I assure you of that very decidedly,” Merkel said...
  • Brexit: The Irish border has become a sticking point
    Brexit-_the_irish_border_has_become_a_sticking_point 2018-10-15 16:25:14 UTC
    LUXEMBOURG (AP) — Britain and the European were still both refusing to blink Monday over the question of the Irish border in Brexit talks — only two days ahead of a summit once seen as the moment when they would have to reach deal on Britain’s divorce from the bloc. A flurry of diplomatic meetings over the weekend had raised hopes for a Brexit agreement, but they were derailed by the issue that has dogged the talks for months — how to ensure that no hard border is created between the EU’s Ireland and Britain’s Northern Ireland once Brexit happens on March 29. The EU has proposed a “backstop” solution that would keep Northern Ireland ...
  • EU: We will not let US "determine our trade policies"
    Eu-_we_will_not_let_us_%22determine_its_trade_policies%22 2018-08-31 22:46:02 UTC
    BERLIN (Reuters) - The European Union will respond in kind if U.S. President Donald Trump reneges on his pledge not to impose car tariffs, European Commission President Jean-Claude Juncker said as trade tensions between Europe and the United States rose again. Juncker told German broadcaster ZDF on Friday that the EU would not let anyone determine its trade policies. If Washington decided to imposed tariffs on vehicles after all, he said, “then we will also do that”. Trump rejected on Thursday an EU offer to eliminate tariffs on cars and said the EU’s trade policies are “almost as bad as China”, Bloomberg News reported. SPONSORED ...
  • Toyota to invest about $500 million in Uber Technologies
    Toyota_long-range_electric_car_needs_just_minutes_for_charging 2018-08-28 01:30:16 UTC
    (Reuters) - Toyota Motor Corp will invest about $500 million in Uber Technologies Inc [UBER.UL] to jointly work on developing driverless vehicles, the Wall Street Journal reported on Monday, citing people familiar with the matter. Toyota and Uber were not immediately available for comment. <hr><I><strong>Reporting by Arunima Banerjee in Bengaluru; Editing by Shailesh Kuber</I></strong><hr>
  • US and Mexico agreed to overhaul NAFTA
    Us_and_mexico_agreed_to_overhaul_nafta 2018-08-28 01:30:25 UTC
    WASHINGTON (Reuters) - The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to the new terms on auto trade and other issues to remain part of the three-nation pact. U.S. President Donald Trump and outgoing Mexican President Enrique Pena Nieto said talks with Canada would begin immediately, though Trump threatened he could put tariffs on Canadian-made cars if a three-way deal could not be reached. “I think with Canada, frankly, the easiest we can do is to tariff their cars coming in. It’s a tremendous amount of money and it’s a very simple negoti...
  • CEOs: Trump's Immigration Policy Hurts U.S. Economy
    Ceos-_trump's_immigration_policy_hurts_u.s._economy 2018-08-24 01:13:53 UTC
    (Reuters) - A group of chief executive officers at the largest U.S. companies expressed serious concern about the Trump administration’s immigration policy and said the rules increase uncertainty and undermine economic growth. In the letter signed by 59 CEOs including Tim Cook of Apple Inc (AAPL.O), JPMorgan Chase & Co’s (JPM.N) Jamie Dimon and Doug Parker of American Airlines (AAL.O), the executives said that many of their employees were now facing uncertainty due to issues such as ‘inconsistent immigration decisions’ that would likely curtail work permits for spouses of skilled immigrants. “As the federal government undertakes its ...
  • Iran praises EU for their efforts to salvage 'Nuclear deal'
    Federica_mogherini_and_javad_zarif-_iran_praises_eu_for_their_efforts_to_salvage_'nuclear_deal' 2018-08-19 16:50:57 UTC
    LONDON (Reuters) - Iran’s vice president said on Sunday the government was seeking solutions to sell oil and transfer its revenues despite fresh U.S. sanctions. “We are hopeful that the European countries can meet their commitments but even if they cannot, we are seeking solutions to sell our oil and transfer its revenues,” Eshaq Jahangiri was quoted as saying by the state news agency IRNA. In similar remarks, Iranian foreign minister praised the European signatories for their efforts to salvage the deal, especially for EU’s so-called blocking statute that aims to mitigate the impact of U.S. sanctions for European businesses. Howe...
  • Steady and strong: German economy picking up more steam
    German_economy_picking_up_more_steam_than_expected 2018-08-14 07:07:13 UTC
    BERLIN (Reuters) - The German economy picked up more steam than expected in the second quarter, driven by higher household and state spending, preliminary data showed on Tuesday. Gross domestic product in Europe’s biggest economy expanded by 0.5 percent quarter-on-quarter, the Federal Statistics Office said. That compared with a Reuters forecast of 0.4 percent. The office also revised up the quarterly growth rate for the first three months of the year to 0.4 percent from 0.3 percent reported previously. Compared with the same quarter of the previous year, the economy grew by 2.0 percent from April to June, calendar-adjusted data s...
  • Trump's hotel revenue went up thanks to trip by Saudi Prince
    Trump's_hotel_revenue_shoot_up_thanks_to_trip_by_saudi_prince 2018-08-04 05:32:38 UTC
    The relationship between the U.S. president Donald Trump administration and Saudi Arabia has been particularly close. Trump’s first trip abroad as president was to Saudi Arabia. In a surprise move, Trump initially praised a blockade of longtime ally Qatar because the Saudis wanted it. Earlier this year, Trump approved a $1 billion arms sale to the Saudis. Due to a “last-minute visit to New York by the Crown Prince of Saudi Arabia,” General Manager Prince Sanders wrote in a letter in May that was obtained by <a href="
  • Plunge in Facebook shares rattled Amazon options market
    Plunge_in_facebook_shares_rattled_amazon_options_market 2018-07-26 18:56:45 UTC
    SAN FRANCISCO/NEW YORK (Reuters) - A plunge in Facebook Inc shares rattled the Inc options market on Thursday, with the social network’s fellow FAANG company due to report quarterly results later in the day. Facebook on Wednesday warned about a margin hit as revenue growth slows and user privacy costs climb, and its 20 percent share drop heightened focus on the online retailer, already a closely watched stock. Amazon was the second-biggest decliner in the so-called FAANG group of high-flying tech companies, but Facebook’s second-quarter earnings also cast a pall on shares of Apple Inc, Netflix Inc and Google parent Alphabe...
  • Trade war: China accuses US of “opening fire”
    China_warns_us___n-korea_not_let_the_situation_get_to_an_irreversible_stage 2018-07-05 16:53:07 UTC
    BEIJING/WASHINGTON (Reuters) - China accused the United States on Thursday of “opening fire” on the world with tariffs set to take effect on Friday, warning that it will respond the moment that duties on $34 billion in Chinese goods kick in. U.S. President Donald Trump has threatened to further escalate the trade conflict between the world’s two largest economies with tariffs on as much as $450 billion worth of Chinese goods if China retaliates, as the initial round of tariffs take effect at 12:01 a.m. EDT (0401 GMT) on Friday. There was no evidence of any last-minute negotiations between U.S. and Chinese officials, business sources ...
  • World Trade Organization rules in favor of Canada against US
    World_trade_organization_rules_in_favor_of_canada_against_us 2018-07-05 16:28:20 UTC
    GENEVA (Reuters) - Canada won the bulk of a ruling at the World Trade Organization on Thursday in a dispute over U.S. duties on Canadian exports of supercalendered paper, which is used in glossy magazines and catalogues. Canada filed the complaint in 2016, saying Washington was wrong to penalize Canada for subsidizing its paper industry. The ruling can be appealed by either side. The panel of WTO judges declined to rule on several of Canada’s arguments, but in other respects they found almost entirely in Canada’s favor. Canada had complained about U.S. subsidy investigations into Canadian firms Port Hawkesbury Paper LP and Reso...
  • Volkswagen offers carsharing service with electric vehicles
    Vw_to_spend__800_million_in_california_and_a_total_of__2_billion_nationwide_on_clean_car_infrastructure 2018-07-04 19:11:31 UTC
    FRANKFURT (Reuters) - Volkswagen plans to start offering car sharing services using fully electric vehicles in German cities next year as part of efforts to serve consumers who don’t want to buy their own vehicles. Its offering will compete in its home market with DriveNow and Car2Go, the soon-to-be-merged carsharing services of BMW and Daimler Benz. Volkswagen said on Wednesday the new carsharing service would be expanded to major cities in Europe, North America and Asia as early as 2020 and focus on core VW brand cars. VW is seeking to move on from its diesel emissions scandal of 2015, the repercussions of which are still being...
  • Trump’s “tariffs would result in loss of hundreds of thousands of American jobs”
    Untitled 2018-06-27 22:59:23 UTC
    WASHINGTON (Reuters) - Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars. A coalition representing major foreign automakers including Toyota Motor Corp, Volkswagen AG (VOWG_p.DE), BMW AG, and Hyundai Motor Co, said the tariffs would harm automakers and U.S. consumers. The administration in May launched an investigation into whether imported vehicles pose a national security threat and President Donald Trump has repeatedly...
  • New York sues Trump, three of his children & his foundation
    Donald_trump_embodies_the_shameless_corruption 2018-06-15 07:09:12 UTC
    NEW YORK (Reuters) - New York’s attorney general sued U.S. President Donald Trump, three of his children and his namesake foundation on Thursday, alleging “persistently illegal conduct” at the nonprofit, including support for Trump’s 2016 presidential campaign. Barbara Underwood, the attorney general, asked a New York state judge to dissolve the Donald J. Trump Foundation and to ban Trump, his sons Donald Jr. and Eric, and his daughter Ivanka from holding leadership roles in New York charities. Underwood said her office’s 21-month investigation, begun under her predecessor Eric Schneiderman, uncovered “extensive unlawful political co...
  • EU, Canada, Mexico announce retaliatory measures against US products
    Eu__canada__mexico_announce_retaliatory_measures_against_us_products 2018-06-01 00:35:36 UTC
    WASHINGTON/PARIS (Reuters) - Canada and Mexico retaliated against the United State’s decision on Thursday to impose tariffs on steel and aluminum imports and the European Union had its own reprisals ready to go, reigniting investor fears of a global trade war. The tariffs, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday, ended months of uncertainty about potential exemptions and suggested a hardening of the Trump administration’s approach to trade negotiations. The measures, touted by President Donald Trump in March, drew condemnation from Republican lawmakers and the country’s main business lobby...