LOS ANGELES, March 28 (Reuters) – Will Smith apologized to Chris Rock on Monday for slapping the comedian at Sunday night’s Oscars ceremony, issuing a statement after the film academy said it might take action against Smith for an incident that overshadowed the industry’s top awards . Smith, in a post on Instagram, said his […]
BlackRock founder Larry Fink declared that the Russia-Ukraine war is bringing the era of globalization to an end, but investors should keep in mind that the global economy and the financial system can’t turn on a dime, analysts say. “There is a lot of talk about countries going back to local production and the era […]
WASHINGTON, March 25 (Reuters) – The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp (0728.HK) and China Mobile International USA (0941.HK) to its list of communications equipment and service providers deemed threats to US national security. The regulator last year designated five Chinese companies including Huawei Technologies Co […]
Federal Reserve Governor Christopher Waller has no doubt about how competitive today’s housing market is. “Trust me, I know it is red hot because I am trying to buy a house here in Washington and the market is crazy,” Waller said in a speech at a housing conference. But even as home and rental prices […]
KINGSTON, March 22 (Reuters) – Britain’s Prince William and his wife Kate arrived in Jamaica on Tuesday as part of a week-long Caribbean tour, hours after activists protested to demand reparations for slavery amid growing scrutiny of the British Empire’s colonial legacy. The Duke and Duchess of Cambridge arrived in Belize on Saturday to start […]
NEW YORK, March 22 (Reuters) – The top US securities regulator on Tuesday urged a federal judge not to let Elon Musk escape an agreement requiring that his Twitter use be monitored, which the Tesla Inc (TSLA.O) chief executive considers part of a campaign of harassment. In a filing in the federal court in Manhattan, […]
The popular spring home-buying season is just ramping up. But one analyst is warning that it could be a bust. Ian Shepherdson, chief economist and founder of research consulting firm Pantheon Macroeconomics, is predicting a dramatic fall in the pace of home sales this year. In a research note, he projected that existing-home sales will […]
Staff members wearing face masks stand outside the Shanghai Disneyland theme park as it reopens following a shutdown due to the coronavirus disease (COVID-19) outbreak, at Shanghai Disney Resort in Shanghai, China May 11, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Record daily surge in commercial capital Disney resort closed […]
BELIZE CITY, March 19 (Reuters) – Britain’s Prince William and his wife Kate arrived in Belize on Saturday for a weeklong Caribbean tour that was marred by a local protest before it even began amid growing scrutiny of the British Empire’s colonial ties to the region. The arrival of the Duke and Duchess of Cambridge […]
The foreclosure uptick indicates that the economic — and especially employment recovery — is not complete, an expert says. Getty Images In January there was a seven-fold increase in foreclosure starts as compared to December, with roughly 33,000 loans referred to foreclosure, according to a report from mortgage data and analytics company Black Knight. What’s […]
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