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REUTERS/Jonathan ErnstWASHINGTON (Reuters) - The Biden administration expects the start of child tax credit payments in July to provide a solid boost to the U.S. economy that should more than offset a halt in extra unemployment benefits by 25 states, a White House official said on Tuesday. Half the U.S. states are dropping an extra $300 in unemployment benefits in coming weeks, citing concerns that the funds were contributing to labor shortages in some sectors. The White House official said the moves would have only a short-term impact on spending, and said President Joe Biden’s COVID-19 relief plan was always intended to end when no longer needed. The official said Biden’s robust rescue plan and long-term investments were underpinning that growth, while the dropoff in supplemental employment benefits would be temporary, lasting just 90 days. The White House also remains confident that rising inflation will be transitory, the official said, adding that supply chain challenges, including a shortage of semiconductors that has constrained auto production, would ease in coming months.
Persons: Jonathan Ernst WASHINGTON, Biden, Joe Biden’s COVID, underscoring Organizations: White, White House, World Bank, Organization for Economic, Cooperation, Development Locations: U.S
He said bipartisan talks would continue to try to find a deal with Republicans. The two most conservative Democrats haven't said how they would vote, but they notably kept the door open to Schumer's two-track approach. Top Senate Republicans split over whether Democrats' pursuit of a party-line bill would damage prospects of a bipartisan deal. "That sends a signal that he really doesn't want to do a bipartisan bill. Senate Minority Whip John Thune, R-S.D., said that if Republicans agree to a bipartisan deal, they could make it tougher for Democrats to secure the votes for a separate party-line bill.
Persons: Joe Biden's, Biden, Chuck Schumer, , Schumer, haven't, Sen, Joe Manchin, Kyrsten Sinema, Bernie Sanders, Ed Markey, Tina Smith, Steve Ricchetti, Peter Welch, Richard Neal, Neal, Joni Ernst of Iowa, Mitch McConnell, John Thune Organizations: WASHINGTON, Democrats, Democratic, Republican, Republicans, American Families, White, Top Locations: Ky
Tim Ryan, U.S. chairman and senior partner at PwC, shown in 2019. The firm audited 10.3% of 6,030 public U.S. companies as of April 9, down 0.9 percentage points from last year, according to research firm Audit Analytics. In the U.S., PwC plans to continue training all 55,000 employees on ESG issues, including companies’ commitments around net-zero carbon emissions. Auditors currently aren’t responsible for assessing companies’ ESG information, but that could change if regulators decide to introduce new rules. From 2010 to 2019, revenue growth averaged about 5%, according to data from their annual reports.
Persons: Tim Ryan, Ryan, , , Angela Owens, PwC, Ernst &, EY, Deloitte didn’t, Alex Kuzoian, Mr, Jeff Payne, Mark Maurer Organizations: Big, U.S, Deloitte, Touche, Ernst, Ernst & Young, KPMG, EY, University of Kentucky, Revenue, mark.maurer Locations: U.S, London
Democrats to Biden: No climate provisions, no vote for infrastructure deal
  + stars: | 2021-06-15 | by ( Valerie Volcovici | ) www.reuters.com sentiment -0.98   time to read: +2 min
Senator Ed Markey leads a news conference to re-introduce the Green New Deal at the U.S. Capitol in Washington, U.S. April 20, 2021. REUTERS/Jonathan Ernst/File PhotoWASHINGTON, June 15 (Reuters) - Two Senate Democrats said on Tuesday they would not vote for an infrastructure bill that omits key measures aimed at combatting climate change, putting pressure on the White House to abandon attempts to secure a bipartisan package. Republicans have said measures addressing things like climate change do not count as "infrastructure," leaving negotiations in the divided Senate at an impasse. Progressive Democrats have urged the White House over the last few days not to abandon climate provisions after White House climate adviser Gina McCarthy told Politico that measures like "a clean electricity standard may not end (up) in the final version" of the infrastructure deal. Andrew Bates, a White House spokesperson, told Reuters the administration has not stopped pushing for climate priorities in the negotiations.
Persons: Ed Markey, Jonathan Ernst, Joe Biden, Jeff Merkley, Merkley, Gina McCarthy, Andrew Bates, Biden, Markey, Bernie Sanders, Democratic Senators Kyrsten Sinema, Joe Manchin, Valerie Volcovici, Matthew Lewis Organizations: Green, Deal, U.S, Capitol, REUTERS, WASHINGTON, Republicans, Massachusetts, White House, Politico, Reuters, Democratic Senators, Thomson Locations: Washington , U.S, Congress, Oregon, Washington
Corporate America blowback
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.98   time to read: +2 min
The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan ErnstNEW YORK, June 15 (Reuters Breakingviews) - The drumbeat to overturn Donald Trump-era rules that favored corporate America has started. High equity prices, which typically keep investors silent, are small solace for the country’s biggest chieftains. On Tuesday a group of investors sued the U.S. Securities and Exchange Commission over changes that make it harder for individual investors to call for corporate reforms read more . Yet a relatively small group of investors at Exxon won board seats last month, landing a blow to head Darren Woods .
Persons: Jonathan Ernst NEW, Donald Trump, Allison Herren Lee, Darren Woods, Jamie Dimon, Lauren Silva Laughlin, Gina Chon, Amanda Gomez Organizations: U.S . Securities, Exchange, SEC, REUTERS, Jonathan Ernst NEW YORK, Reuters, Exchange Commission, Exxon Mobil, JPMorgan, Exxon, Services, Emirates Locations: Washington, America, Singapore
Hyundai, GM serious about 'flying car' efforts
  + stars: | 2021-06-14 | by ( Ben Klayman | Joseph White | ) www.reuters.com + 0.00   time to read: +2 min
Other automakers developing flying cars either alone or with startups include Toyota Motor Corp, Daimler AG and China’s Geely Automobile Holdings. Morgan Stanley has estimated the total addressable market for urban air mobility could hit $1 trillion by 2040 and $9 trillion by 2050. In 2019, Hyundai, which has a dedicated Urban Air Mobility Division led by Jaiwon Shin, a former NASA engineer, pledged to invest about $1.5 billion in urban air mobility by 2025. Munoz said Hyundai sees its flying cars serving not only residential customers but also transporting commercial cargo. Hyundai does not want to sell flying cars as a simple transaction, but believes it can develop services around the vehicles, Munoz said.
Persons: Jonathan Ernst, Jose Munoz, Munoz, , ” Munoz, ” Pamela Fletcher, Morgan Stanley, Jaiwon Shin Organizations: DETROIT, Hyundai, Co, General Motors, South, North American, REUTERS, Reuters, Toyota Motor Corp, Daimler AG, China’s Geely Automobile Holdings, GM’s Global, , GM, Urban Air Mobility Division, NASA Locations: Detroit , Michigan, U.S, Hyundai North America
U.S. Supreme Court police officers take shelter from the sun under a construction platform outside the court building in Washington, U.S. June 7, 2021. REUTERS/Jonathan Ernst/File PhotoThe U.S. Supreme Court on Monday turned away a free speech challenge to a federal anti-riot law brought by two members of a militant white supremacist group who pleaded guilty to crimes related to a deadly 2017 rally in Charlottesville, Virginia. The night before rally, Miselis and Daley joined hundreds of white nationalists in a march chanting slogans such as "Blood and soil!" Miselis and Daley were charged with conspiring to violate the anti-riot law and for traveling in interstate commerce with intent to riot under that law. The men sought to dismiss their charges, contending that the law was overly broad and prohibited constitutionally protected speech.
Persons: Jonathan Ernst, Michael Miselis, Benjamin Daley, Miselis, Daley, James Fields, Heather Heyer, Fields, Robert E, Lee, Donald Trump Organizations: Supreme, REUTERS, Nazi, Circuit, Thomson Locations: Washington , U.S, Charlottesville , Virginia, California, Southern California, Charlottesville, Miselis, Richmond , Virginia
REUTERS/Jonathan Ernst/File PhotoHyundai Motor Co (005380.KS) has accelerated efforts around developing "flying cars" and will offer services around those vehicles rather than just selling them, the South Korean automaker's chief operating officer told Reuters. Other automakers, including Toyota(7203.T), General Motors(GM.N), Daimler(DAIGn.DE) and Geely(0175.HK), are developing flying cars alone or with startups. In 2019, Hyundai, whose flying car unit is based in Washington, pledged to invest about $1.5 billion in urban air mobility by 2025. read moreMunoz told Reuters Hyundai sees its flying cars serving not only residential customers, but also transporting commercial cargo. Hyundai does not want to sell flying cars as a simple transaction, but believes it can develop services around the vehicles, Munoz said.
Persons: Jonathan Ernst, Jose Munoz, Hyundai's, Munoz, Morgan Stanley, it's Organizations: North American, REUTERS, Korean, Reuters, Hyundai, Air, Toyota, General Motors, Daimler, HK, Reuters Hyundai, Thomson Locations: Detroit , Michigan, U.S, Hyundai North America, Washington, United States
Biden welcomes new Israeli government, reaffirms security support
  + stars: | 2021-06-13 | by ( Susan Heavey | ) www.reuters.com + 0.99   time to read: +1 min
U.S. President Joe Biden delivers remarks during a brief appearance in the Cross Hall at the White House in Washington, U.S., May 20, 2021. REUTERS/Jonathan Ernst/File PhotoU.S. President Joe Biden said the United States remained committed to Israel's security and would work with its new government after Israel's parliament ended Benjamin Netanyahu's 12-year run as prime minister on Sunday. "I look forward to working with Prime Minister Bennett to strengthen all aspects of the close and enduring relationship between our two nations," Biden said. "Israel has no better friend than the United States." "United States remains unwavering in its support for Israel’s security," Biden said.
Persons: Joe Biden, Jonathan Ernst, Benjamin Netanyahu's, Biden, Naftali Bennett, Bennett, Netanyahu, Israel's Organizations: White, REUTERS, Thomson Locations: Washington , U.S, United States, U.S, Israel
I was not going to do the ‘mom guilt’ thing that day. Since the pandemic began, Nix's daughters have started making dinners for the family, giving them some autonomy and Nix a break. “Although we know that more-educated and higher-income parents are more likely to do intensive parenting, less-educated and lower-income parents idealized intensive parenting to the same degree,” he said. But the pandemic highlighted inequalities in parenting, especially for families with two working parents, Gerson said. The pandemic has also influenced how mothers of children who are not yet school-aged are raising their kids.
Persons: Annie Whitlock’s, Whitlock, McKenzie, ’ ” Whitlock, , , ’ ”, Rachel Nix, Nix's, Nix, takeout, “ They’re, I’m, , Will, Patrick Ishizuka, Louis, Kathleen Gerson, Gerson, Amy Lane, Lane, Talula, “ It’s, Victoria Ernst, Ernst “, ” Haley Barrett, Cora, — Barrett, , Lynn Bufka, Bufka, Annie Whitlock, Maggie, Mike, Sarah Rice Organizations: University of Michigan, Flint, Washington University, St, New York University, American Psychological Association, NBC News Locations: Davisburg , Michigan, Lemoore , California, Elsmere , Delaware, San Antonio, Phoenix, Michigan
NATO summit seeks return to gravitas with Biden
  + stars: | 2021-06-11 | by ( Robin Emmott | ) www.reuters.com + 0.00   time to read: +3 min
U.S. President Joe Biden delivers remarks during a visit at Tidewater Community College in Norfolk, Virginia, U.S. May 3, 2021. "The first thing is for Biden to recommit to NATO's collective defence," Jamie Shea, a former senior NATO official who was at a 2018 summit at which Trump considered quitting the alliance. "This summit with Biden should be a signal to the world that NATO is back," said a senior European NATO diplomat who was also at the alliance during the Trump years. In a twist of fate, the NATO summit will discuss reforms to the alliance, known as NATO 2030, which were set in motion after Trump questioned its relevance. Stoltenberg will set out nine areas where NATO could modernise over the medium term, including more joint allied funding of military operations.
Persons: Joe Biden, Jonathan Ernst NATO, Donald Trump, Biden, recommit, Jamie Shea, Shea, Trump, Jens Stoltenberg, Stoltenberg Organizations: Tidewater Community College, REUTERS, NATO, Trump, Trump’s “, European NATO, Soviet Union, North Atlantic Council, Thomson Locations: Norfolk , Virginia, U.S, United States, Europe, Germany, Trump’s, European, Soviet, London, Russia, Afghanistan, Crimea, NATO, France
G7 finance ministers agreed a global corporate minimum tax of 15% at the UK summit on Saturday. Switzerland is discussing how it will mitigate the tax and The City of London wants an exemption. The City London and Switzerland are aiming to mitigate the effects of the global minimum tax plan agreed by the G7 group of nations. The central Swiss government has discussed ways to offset the G7's minimum tax rate with the 26 Swiss cantons, according to the Financial Times. Sunak is attempting to get the City of London an exemption to any minimum tax rate, according to reports.
Persons: Janet Yellen, Ernst Stocker, Rishi Sunak, they're Organizations: City, US, Google, Facebook, of, Financial Times, City of, Guardian Locations: Switzerland, City, London, City London, Cornwall, UK, Ireland, of London, Zurich, City of London
WASHINGTON (Reuters) -A bipartisan group of 10 U.S. senators said on Thursday it had reached agreement on a framework for a proposed infrastructure spending bill that would not include any tax increases. The senators said they were discussing their approach with their colleagues and the White House, and they were optimistic about getting broad support. “Our group ... has worked in good faith and reached a bipartisan agreement on a realistic, compromise framework to modernize our nation’s infrastructure and energy technologies,” the lawmakers said in a statement. Democratic U.S. Senate Majority Leader Chuck Schumer said earlier on Thursday he was open to a bipartisan infrastructure bill but wanted to see it in writing. Republicans say Biden’s infrastructure plan puts too much money into addressing climate change and building up some social programs.
Persons: Chuck Schumer, Jonathan Ernst, unspent, Joe Biden’s, Biden, Shelley Moore Capito, Mitch McConnell, Schumer, MCCONNELL, Joe Manchin, Jeanne Shaheen, Kyrsten Sinema, Jon Tester, Mark Warner, Bill Cassidy, Susan Collins, Lisa Murkowski, Rob Portman, Mitt Romney, Collins, McConnell, Romney, Tester, Kamala Harris Organizations: WASHINGTON, U.S, Capitol, REUTERS, White, Democratic U.S, Democrat, Republican, Reuters, Internal Revenue Locations: Washington , U.S
Digital Currency Asset Manager Hires Its First CMO
  + stars: | 2021-06-10 | by ( Nat Ives | ) www.wsj.com + 0.00   time to read: +4 min
Grayscale Investments LLC, a digital currency asset manager, has named Deborah Bussière as its first chief marketing officer. Previously, Ms. Bussière was global chief marketing officer at Broadridge Financial Solutions Inc., a financial-technology provider of investing, governance and communications tools. She had earlier been a marketing consultant to startups including Grayscale and chief marketing officer for the Americas at Ernst & Young. PREVIEWMs. Bussière said she intended to help Grayscale educate investors about digital currency as it continues to quickly evolve. “Certainly if you go to talk to your Great Aunt Edna about her perception of digital currencies, that’s a whole different vantage point…Grayscale has a huge opportunity to own that narrative.”Other players in digital currencies are confronting the same issues.
Persons: Deborah Bussière, Bussière, , Michael Sonnenshein, Elon Musk, Musk, , ” Deborah Bussière, DEBORAH BUSSIERE, Ms, you’re, Edna, “ We’ve, ’ ”, Andrew Tam, Tam, ” Mati Greenspan, Nat Ives Organizations: Broadridge, Solutions Inc, Americas, Ernst & Young, El, Investments, Quantum Economics, nat.ives Locations: Miami, El Salvador, who’s
Most EU citizens who want to stay will need to have applied for settled status before July. Others, such as de Groot, need to apply for visas to work in Britain. Landlords, employers, the health service and other public departments will be able to ask for proof from EU nationals of their immigration status from next month. Lawyers, charities and diplomats say some EU nationals may be unaware they need to apply, or are struggling to navigate the bureaucracy. Diplomats say another problem is looming: what will Britain do with EU citizens who don't have the right documents by July?
Persons: Toby Melville, Ernst, Jan de Groot, de Groot, de, Brexit, Kafka, Groot, De Groot, Chris Benn, Benn, Rafael Almeida, Almeida, , Organizations: REUTERS, EU, Reuters, Office, Brexit, Britain, Scottish, Police Scotland, Home Office, Diplomats, University of Edinburgh, Thomson Locations: London, Britain, de Groot, Netherlands, England, Scotland, British, United Kingdom, Spanish, Edinburgh, Portugal
Julie Fisher, U.S. ambassador-designate to Belarus, testifies before a Senate Foreign Relations Committee hearing on "U.S. Policy on Belarus" on Capitol Hill in Washington, U.S., June 9, 2021. REUTERS/Jonathan ErnstBelarusian President Alexander Lukashenko's crackdown on pro-democracy protests and the independent media is turning his nation into "the North Korea of Europe," the country's opposition leader told U.S. lawmakers on Wednesday. U.S. President Joe Biden was headed for Europe on Wednesday - his first international trip - where his discussions were expected to include Belarus. As a result, Fisher said, he no longer can influence Russian military actions in Belarus. Earlier in the day, Tsikhanouskaya told the Czech Senate that an international tribunal should be established to investigate what she called the "crimes" of Lukashenko's "dictatorship."
Persons: Julie Fisher, Jonathan Ernst, Alexander Lukashenko's, Sviatlana Tsikhanouskaya, Joe Biden, Lukashenko, Tsikhanouskaya, Belarus Julie Fisher, Fisher Organizations: Foreign, Policy, REUTERS, U.S, Union, Senate Foreign Relations, Ryanair, EU, Russia, Czech Senate, Thomson Locations: U.S, Belarus, Washington , U.S, North Korea, Europe, Prague, Minsk, Belarusian, United States, Russian, Russia, Czech, Britain
Boeing lifts price tag for Air Force One contract -USAF official
  + stars: | 2021-06-08 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
FILE PHOTO: Air Force One is seen on the tarmac after U.S. President Joe Biden returned from Pittsburgh to Joint Base Andrews, Maryland, U.S. March 31, 2021. In July 2018, Boeing received a $3.9 billion contract to build two 747-8 aircraft for use as Air Force One, set to be delivered by December 2024. Separately, Boeing submitted a letter to the Air Force beginning the process to negotiate a price adjustment for the jets, Costello said. In April, Boeing recorded a $318-million pre-tax charge related to Air Force One presidential aircraft due to a spat with a supplier. Boeing referred questions to the Air Force.
Persons: Joe Biden, Jonathan Ernst, Darlene Costello, Costello, , ” Costello Organizations: Air Force, Joint Base Andrews, REUTERS, Reuters, Boeing Co, Boeing, U.S . House of, Armed, Committee, House Locations: Pittsburgh, Joint Base Andrews , Maryland, U.S
A widespread internet outage affects major websites.
  + stars: | 2021-06-08 | by ( Adam Satariano | Jenny Gross | ) www.nytimes.com + 0.00   time to read: +7 min
A widespread internet outage affects major websites. The New York Times website on Tuesday. The New York Times Several major websites, including those of the British government, The New York Times, CNN, The Financial Times and The Guardian, were briefly inaccessible for many users on Tuesday morning. Biogen expects the new Alzheimer’s drug to cost about $56,000 a year per patient. Billions of dollars in anticipated costs are likely to be shouldered largely by Medicare, Rebecca Robbins and Pam Belluck report for The New York Times.
Persons: Reddit, Twitch, Fastly, Slack, Adam Satariano, cryptocurrency, Lisa Monaco, Jonathan Ernst, Tom Robinson, Department didn’t, Joseph Blount, Biogen, CJ Gunther, Rebecca Robbins, Pam Belluck, , Joseph Ross, Alzheimer’s, Cowen Organizations: New York Times, ., The New York Times, CNN, The Financial Times, Guardian, PayPal, Twitter, Google, YouTube, Agence France, Presse, The Justice, Colonial Pipeline, DarkSide, Department, Colonial, Biogen, Yale, Wall Street Locations: Hulu, U.S, Russian
Investors Fret as Biden Takes Aim at a 100-Year-Old Tax Loophole
  + stars: | 2021-06-08 | by ( Joe Gose | ) www.nytimes.com sentiment -1.00   time to read: +2 min
President Biden wants to roughly double today’s capital gains tax rate of 20 percent for earners of more than $1 million, but Mr. Rosenthal argues that a severe lock-in effect comparable to the one decades ago is unlikely. In fact, another Biden proposal that would affect the value and taxation of inherited property would most likely encourage more transactions, he added. “If I want to sell my IBM stock and buy AT&T stock, I have to pay taxes on that sale, even though I’m swapping one stock for another,” Mr. Rosenthal said. “Why do we favor real estate over other like-kind investments? At the end of the day, like-kind exchanges are disproportionately benefiting the wealthy versus the wage earner.”
Persons: Ernst & Young, , , Hessam Nadji, Marcus, Millichap, Steven M, Rosenthal, Biden, Mr Organizations: Ernst, Urban, Brookings Tax Policy Center, Biden, IBM Locations: Washington
Secretary of State Antony Blinken testifies about the State Department budget before the Senate Appropriations Committee on Capitol Hill in Washington, U.S. June 8, 2021. REUTERS/Jonathan ErnstThe United States is conducting a government-wide review to get to the bottom of who or what caused the suspected "directed" radio frequency attacks that on U.S. diplomats that resulted in various neurological ailments known as "Havana syndrome", U.S. Secretary of State Antony Blinken said on Tuesday. In April, the Democratic and Republican leaders of the U.S. Senate Intelligence Committee said the incidents appeared to be increasing and the committee was investigating. On Monday, Senate unanimously passed additional financial support for care of U.S. diplomats who have suffered from these syndromes. The State Department said in June 2018 it had brought home diplomats from Guangzhou, China, over concern they were suffering similar symptoms.
Persons: Antony Blinken, Jonathan Ernst The, Blinken, Joe Biden, Vladimir Putin Organizations: State Department, Capitol, REUTERS, National Security Council, Defense Department, New York Times, Democratic, Republican, U.S . Senate Intelligence, Thomson Locations: Washington , U.S, Jonathan Ernst The United States, Havana, Washington, Russia, United States, Cuba, Europe, Asia, Geneva, Guangzhou, China
The demand for talent at startups is putting power back in the hands of job candidates. "It's an ideal time to be a tech-startup job candidate," Matt Hoffman, head of talent at M13, said. The vast amount of venture capital that's flowing into tech startups means they're growing fast and hiring. That demand for talent puts candidates in an excellent position to collect job offers and make a decision that's best for them. Instead, candidates are evaluating job offers based on what they know about a company's culture.
Persons: Matt Hoffman, Ernst & Young, Hoffman, Justin Sullivan, Melia Russell Organizations: CNBC, Employers, Twitter Locations: San Francisco , California
U.S. power use to rise in 2021 as governments ease lockdowns -EIA
  + stars: | 2021-06-08 | by ( ) www.reuters.com sentiment -0.99   time to read: +2 min
REUTERS/Jonathan ErnstU.S. power consumption will rise 2.0% this year as state and local governments ease coronavirus lockdowns, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected power demand will rise to 3,879 billion kilowatt hours (kWh) in 2021 and 3,935 billion kWh in 2022 from a coronavirus-depressed 11-year low of 3,802 billion kWh in 2020. That compares with an all-time high of 4,003 billion kWh in 2018. EIA projected 2021 power sales would rise to 1,503 billion kWh for residential consumers, which would be a record as continuing lockdowns cause more people to work from home, 1,294 billion kWh for commercial customers and 945 billion kWh for industrials. That compares with all-time highs of 1,469 billion kWh in 2018 for residential consumers, 1,382 billion kWh in 2018 for commercial customers and 1,064 billion kWh in 2000 for industrials.
Persons: Jonathan Ernst U.S Organizations: REUTERS, U.S . Energy Information Administration, Energy, EIA, industrials, Thomson Locations: Latimer , Iowa, U.S, industrials
Blinken casts doubt on methodology of coronavirus lab-leak report
  + stars: | 2021-06-08 | by ( ) www.reuters.com + 0.00   time to read: +3 min
Secretary of State Antony Blinken testifies about the State Department budget before the Senate Appropriations Committee on Capitol Hill in Washington, U.S. June 8, 2021. REUTERS/Jonathan ErnstU.S. Secretary of State Antony Blinken cast doubt on Tuesday on the methodology of a report on the origins of COVID-19 cited by the Wall Street Journal that concluded the hypothesis of a virus leak from a Chinese lab was plausible. I think it's on a number of levels, incorrect," Blinken told a Senate committee hearing on the State Department's budget request when asked about the Journal article. "The Trump administration, it's my understanding, had real concerns about the methodology of that study, the quality of analysis, bending evidence to fit preconceived narrative. A still-classified U.S. intelligence report circulated during Trump's administration alleged that three researchers at China's Wuhan Institute of Virology became so ill in November 2019 that they sought hospital care, U.S. government sources have said.
Persons: Antony Blinken, Jonathan Ernst U.S, Blinken, Donald Trump's, Trump, Joe Biden, Biden Organizations: State Department, Capitol, REUTERS, Wall Street, State, U.S, Lawrence Livermore National Laboratory, China's Wuhan, Virology, Thomson Locations: Washington , U.S, Wuhan, State
Giuliani pressed Ukrainians to probe Biden allegations in 2019 call - CNN
  + stars: | 2021-06-07 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
Former New York City Mayor Rudy Giuliani speaks in Washington, U.S., November 19, 2020. REUTERS/Jonathan Ernst/File PhotoThe audiotape of a July 2019 phone call shows former U.S. President Donald Trump’s then-lawyer Rudy Giuliani pressuring Ukrainian officials to investigate baseless allegations about Trump’s 2020 election rival Joe Biden, CNN reported on Monday. Trump, a Republican, denounced as a political witch hunt allegations that he pressed Zelenskiy during a phone call to dig up dirt on Biden. Trump lost the 2020 election to Biden, a Democrat, and left office in January 2021. Giuliani began representing Trump in April 2018 in connection with then-Special Counsel Robert Mueller's probe into Russian interference in the 2016 U.S. presidential election.
Persons: Rudy Giuliani, Jonathan Ernst, Donald Trump’s, Joe Biden, Giuliani, Kurt Volker, Andriy Yermak, Volodymyr Zelenskiy, Zelenskiy, Biden, Trump, Robert Mueller's Organizations: New York City, REUTERS, CNN, Trump, Republican, Biden, Democratic, House, Democrat, Thomson Locations: Washington , U.S, U.S, Ukraine, New York
WASHINGTON (Reuters) - The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record. REUTERS/Jonathan Ernst/PoolDeputy Attorney General Lisa Monaco said investigators had seized 63.7 bitcoins, now valued at about $2.3 million, paid by Colonial after last month’s hack of its systems that led to massive shortages at U.S. East Coast gas stations. The Justice Department has “found and recaptured the majority” of the ransom paid by Colonial, Monaco said. Colonial Pipeline had said it paid the hackers nearly $5 million to regain access. The FBI affidavit filed on Monday said that the bureau had tracked the bitcoin through multiple wallets, using the public blockchain and tools.
Persons: Lisa Monaco, Paul Abbate, Northern District of California Stephanie Hinds, Jonathan Ernst, , John Hultquist, Joe Biden, Abbate, Joseph Blount, ” Blount, Gina Raimondo, Biden, Vladimir Putin, Tom Robinson, Robinson, Organizations: WASHINGTON, Justice Department, Colonial Pipeline Co, U.S, Attorney, Northern, Northern District of, REUTERS, Colonial, East, The, Department, FBI, Colonial Pipeline, White, Monaco, Sunday, Investigators Locations: Northern District, Northern District of California, Washington , U.S, East Coast, Monaco, San Francisco, United States, Russia, U.S
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