Amazon shareholders reject facial recognition ban

Amazon shareholders reject facial recognition ban

Amazon on Wednesday said shareholders rejected proposals to curb and audit its facial recognition service, just as members of Congress indicated there was bipartisan support to one day regulate the technology. Chris Dignam has more.
Reuters
China's Xi: Prepare for difficult times

China's Xi: Prepare for difficult times

China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said on Wednesday, as the U.S.-China trade war took a mounting toll on tech giant Huawei.
Reuters
At Fed, a new look at those left out in boom times

At Fed, a new look at those left out in boom times

The U.S. Federal Reserve is touring struggling communities nationwide as it assesses whether a new approach to monetary policy could boost employment among those left behind in the economic recovery.
Reuters
Wall Street dips on U.S-China trade fears

Wall Street dips on U.S-China trade fears

Wall Street's major indexes dipped Wednesday as mounting trade tensions between the United States and China weighed on investor sentiment.
Reuters
Ignore geopolitics; S&P 500 to add another 5-10% in '19, says John Vail

Ignore geopolitics; S&P 500 to add another 5-10% in '19, says John Vail

Nikko Asset Management chief global strategist John Vail tells Reuters' Fred Katayama the markets have been right to overlook political risk in the past.
Reuters
Qualcomm shares rocked by antitrust ruling

Qualcomm shares rocked by antitrust ruling

Shares of Qualcomm had their worst day in two years after a federal judge ruled the wireless technology company used its dominance to extort higher licensing payments and squeeze out the competition. Conway G.
Reuters
Trump, Pelosi clash as impeachment calls grow

Trump, Pelosi clash as impeachment calls grow

President Donald Trump fired back on Wednesday at U.S. House Speaker Nancy Pelosi's accusation that he is engaged in a cover-up over the Mueller Russia investigation, saying at a hastily arranged White House appearance, "I don't do cover-ups." Nathan
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Reuters
"American Taliban" John Walker Lindh to be released from prison

"American Taliban" John Walker Lindh to be released from prison

John Walker Lindh, the so-called "American Taliban" captured in Afghanistan after the September 11, 2001 attacks, is due to be released on Thursday after 17 years in U.S. federal prison.
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Reuters
Justice staff recommends blocking Sprint-T-Mobile deal

Justice staff recommends blocking Sprint-T-Mobile deal

Staff at the Justice Department's antitrust division recommends the agency block T-Mobile US' $26 billion acquisition of Sprint, according to sources.
Reuters
Six killed as Indonesia protests turn deadly

Six killed as Indonesia protests turn deadly

Indonesia has introduced curbs on social media in a bid to prevent the spread of hoaxes, some calling for violent post-election attacks, and quell two days of protests in the capital.
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Reuters
British Steel collapse puts thousands of jobs at risk

British Steel collapse puts thousands of jobs at risk

British Steel, the country’s second largest steel producer, has collapsed after failing to secure emergency government funding, jeopardizing some 25,000 jobs.
Reuters
Commerzbank open to M&A after Deutsche Bank talks collapse

Commerzbank open to M&A after Deutsche Bank talks collapse

Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender's chief executive said on Wednesday.
Reuters
Japan exports fall again as Trump's trade policy threatens economic outlook

Japan exports fall again as Trump's trade policy threatens economic outlook

Japanese exports fell for the fifth month in April in a sign of the growing economic strain exerted by the Sino-U.S. trade war.
Reuters
Indonesia's post-election riots turn deadly

Indonesia's post-election riots turn deadly

Fresh clashes have broken out in the Indonesian capital following the announcement of official election results.
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Reuters
Dems to press Trump on funding infrastructure plan

Dems to press Trump on funding infrastructure plan

Democrats in Congress will press U.S. President Donald Trump at a White House meeting on Wednesday for details on how to pay for a massive boost in U.S. infrastructure spending after agreeing in April to try to win approval of a $2 trillion package.
Reuters
Amazon investors to vote on facial recognition technology

Amazon investors to vote on facial recognition technology

Shareholders will vote on whether Amazon’s sales of its facial recognition technology to governments threatens civil rights at the tech giant's annual meeting in Seattle on Wednesday.
Reuters
May's Brexit gambit fails as her premiership fades

May's Brexit gambit fails as her premiership fades

British Prime Minister Theresa May's final Brexit gambit was in tatters on Wednesday - just hours after her offer of a vote on a second referendum and closer trading arrangements failed to win over either opposition lawmakers or many in her own party.
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Reuters
Holy resurrection: Monks revive ancient beer-craft

Holy resurrection: Monks revive ancient beer-craft

Belgian monks at Grimbergen Abbey are on the verge of brewing beer again after a break of more than 200 years.
Reuters
After Huawei, U.S. may blacklist more China tech

After Huawei, U.S. may blacklist more China tech

The Trump administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world's top two economies could be further inflamed.
Reuters
Chinese airlines demand Boeing jet compensation

Chinese airlines demand Boeing jet compensation

China's three biggest airlines want compensation from Boeing over the grounding of its 737 MAX 8 jets, while relatives of crash victims are also filing suits.
Reuters
UK economy: benign inflation data fails to offset sterling's Brexit woes

UK economy: benign inflation data fails to offset sterling's Brexit woes

British inflation rose last month by less than investors and the Bank of England had expected - but sterling hit its lowest since January as Theresa May's Brexit plan crumbles.
Reuters
Britain's M&S shows pain of latest turnaround with 10% profit fall

Britain's M&S shows pain of latest turnaround with 10% profit fall

Britain's Marks & Spencer reported a 10% fall in full-year profit, a third straight decline, showing the pain of its latest attempt at a multi-year turnaround.
Reuters
Japan Taxi has become a pricey Olympic symbol

Japan Taxi has become a pricey Olympic symbol

Toyota Motor’s Japan Taxi, born in a government committee and designed to be an all-things-to-all-people cab, has become a high-priced icon of Tokyo’s budget-busting 2020 Olympic and Paralympic Games. The company says it's a money losing project.
Reuters
Japanese sumo wrestlers prepare for Trump visit

Japanese sumo wrestlers prepare for Trump visit

U.S. President Donald Trump will present a custom-made "Trump Award" to the winner of the Summer Grand Sumo Tournament in Tokyo on May 26.
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Reuters
Six killed as Indonesia protests turn deadly

Six killed as Indonesia protests turn deadly

Security tightens as Jakarta braces for more mass protest on Wednesday after official results confirmed President Joko Widodo's re-election on Tuesday.
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Reuters
Protesters rally against new state abortion bans

Protesters rally against new state abortion bans

U.S. abortion-rights campaigners, including several Democrats running for president in 2020, rallied in front of the Supreme Court while others protested across the country on Tuesday to protest new restrictions on abortion passed by legislatures in
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Reuters
U.S. officials seek to tamp down Trump rhetoric on Iran

U.S. officials seek to tamp down Trump rhetoric on Iran

U.S. officials who briefed Congress about Iran on Tuesday sought to convince lawmakers that President Donald Trump's administration wants to deter Tehran's aggression, not attack the Islamic republic, members of Congress said. Jonah Green is on the s
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Reuters
Wall Street rises on Huawei reprieve

Wall Street rises on Huawei reprieve

Shares of technology companies helped lift Wall Street Tuesday after the United States temporarily eased curbs on China's Huawei Technologies, alleviating investor concerns about pressure on future corporate results in the sector.
Reuters
Don't buy Tesla shares on the big dip, says Jeff Tomasulo

Don't buy Tesla shares on the big dip, says Jeff Tomasulo

Vespula Capital CEO Jeff Tomasulo tells Reuters' Fred Katayama investors should not succumb to temptation to buy Tesla shares, which are trading at nearly half their peak. He worreis about the increased competition Tesla is up against.
Reuters
Cuccinelli tipped for WH immigration job

Cuccinelli tipped for WH immigration job

U.S. President Donald Trump is expected to pick former Virginia Attorney General Ken Cuccinelli for an immigration policy position at the Department of Homeland Security, a White House official said on Tuesday.
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Reuters
Metro Bank dodges shareholder showdown

Metro Bank dodges shareholder showdown

A shareholder rebellion expected for Britain's Metro Bank appears to have fizzled out, despite a rough year that has seen its stock value plummet by about $2 billion. Julian Satterthwaite and Iain Withers report.
Reuters
This is no time for talking, Tehran tells U.S.

This is no time for talking, Tehran tells U.S.

Iran's president, Hassan Rouhani, says now isn't the time for talks with the United States, and calls for his country to be put on a war footing to cope with sanctions imposed by Washington.
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Reuters
Tesla to $10 a share? Negativity piles up.

Tesla to $10 a share? Negativity piles up.

Tesla shares could tumble to as low as $10, according to a worst-case prediction presented by Morgan Stanley, in the latest Wall Street firm to pile on to a current wave of negativity weighing on the electric car maker. Conway G.
Reuters
Huawei launches new Honor phones as U.S. ban looms

Huawei launches new Honor phones as U.S. ban looms

Huawei launched its new Honor 20 series smartphones in London just days after the U.S. delayed a ban on the Chinese firm buying U.S. goods until August 19th.
Reuters
Jamie Oliver's UK restaurant chain goes under

Jamie Oliver's UK restaurant chain goes under

Administrators say around 1,000 jobs will be made redundant at Jamie Oliver's UK restaurant chain.
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Reuters
Sales drop at Kohl's, J.C. Penney

Sales drop at Kohl's, J.C. Penney

Investors hoping for retail turnaround stories were disappointed Tuesday. Same-store sales dropped at Kohl's and J.C. Penney, falling short of estimates.
Reuters
Zimbabwe outages plunge businesses into darkness

Zimbabwe outages plunge businesses into darkness

Zimbabwean President Emmerson Mnangagwa promised a ''brighter tomorrow'' when he was sworn in, vowing to revive the country's economy after Robert Mugabe's 37-year rule. But this week Zimbabwe is firmly in the dark, as it endures the worst power cuts in three years.
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Reuters
One hundred years-old and running for office

One hundred years-old and running for office

German centenarian and great-grandmother Lisel Heise has started a new chapter in her life by running for election to the council in her home town of Kirchheimbolanden.
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Reuters
Negative ads hit Poland's LGBT community

Negative ads hit Poland's LGBT community

Local councils in some parts of rural Poland have passed regulations to reject what they view as the spread of 'LGBT ideology' in homes, schools and workplaces. Views that are offensive or illegal in many European countries have been widely aired in
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Reuters
Sri Lanka Catholics mark one month since bombings

Sri Lanka Catholics mark one month since bombings

eeping Sri Lankan Catholics lit candles and prayed in a memorial service outside a bombed church on Tuesday, one month after Easter bombings by Islamist militants killed more than 250 people.
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Reuters
Activists demand end of Shell, fossil fuel at shareholder meeting

Activists demand end of Shell, fossil fuel at shareholder meeting

A group of environmental activists tried to disrupt Royal Dutch Shell's annual shareholder meeting on Tuesday, calling for this year's gathering to be the company's last. As David Pollard reports, fellow oil major BP is also been under pressure over
Reuters
China rebuffs Trump claim U.S. tariffs are making firms leave

China rebuffs Trump claim U.S. tariffs are making firms leave

Foreign investors remain enthusiastic about China, the foreign ministry says, in a retort to Donald Trump’s claim that his tariffs are causing companies to move production away from the world’s second largest economy.
Reuters
Jamie Oliver's UK restaurant chain goes under

Jamie Oliver's UK restaurant chain goes under

Jamie Oliver's UK chain of Italian restaurants has gone bankrupt, with administrators called in on Tuesday.
Reuters
How Australian intelligence increased Huawei's woes

How Australian intelligence increased Huawei's woes

Chinese telecoms giant Huawei is a favorite bogeyman for the Trump administration over cybersecurity fears. But Australian intelligence services were lobbying allies over the perceived threat to 5G long before it was on the Americans' agenda. Cassell Bryan-Low and Matthew Larotonda report.
Reuters
Jailed Catalan leaders sit in Spanish parliament

Jailed Catalan leaders sit in Spanish parliament

Acting Prime Minister Pedro Sanchez and the leaders of main political parties arrive at the first session of Spanish parliament which will include the swearing-in of four jailed separatist leaders.
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Reuters
Motor racing great Niki Lauda dies

Motor racing great Niki Lauda dies

The three-times Formula One world champion was regarded as one of the finest racers of all time and later became a successful airline entrepreneur.
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Reuters
French doctors must resume care for vegetative patient

French doctors must resume care for vegetative patient

A French appeals court on Monday ordered doctors to resume giving food and water to a French quadriplegic in a vegetative state, lawyers said, some 12 hours after medics switched off the man’s life support against his parents’ will.
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Reuters
U.S. garlic farmers cheer trade war escalation

U.S. garlic farmers cheer trade war escalation

Most U.S. farmers are criticizing the escalation of President Donald Trump's trade war with China, but not California garlic farmers, who battled cheaper Chinese garlic imports for decades and say they have benefited from the duties.
Reuters