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☆ In U.S.-China AI contest, the race is on to deploy killer robots
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +26 min

In this high-tech contest, seizing the upper hand across fields including AI and autonomous weapons, like Ghost Shark, could determine who comes out on top. This could become critical if the United States intervened against an assault by Beijing on Taiwan. Cheap and expendableThe AI military sector is dominated by software, an industry where change comes fast. Still, the available disclosures of spending on AI military research do show that outlays on AI and machine learning grew sharply in the decade from 2010. The Costa-Mesa, California-based company now employs more than 1,800 staff in the United States, the United Kingdom and Australia.

Persons: America’s, Shane Arnott, Anduril, ” Arnott, Arnott, ”, “, Mick Ryan, Eric Schmidt, hasn’t, Lloyd Austin, –, Stuart Russell, Russell, Kathleen Hicks, “ We’ll, Palmer Luckey, Luckey, ” Arnott didn’t, Biden, Tsai Ing, Frank Kendall, Datenna, Martijn Rasser, Feng Yanghe, Feng, Palmer, ” Anduril, Arnott wouldn’t, David Lague, Edgar Su, Catherine Tai, Peter Hirschberg Organizations: Australian Navy, Ghost Sharks, Sharks, Reuters, Defense, Australian, Chinese Communist Party, Beijing, People’s Liberation Army, PLA, Department of Defense, Pentagon, Australia’s Department of Defence, Australian Defence Force, Technologists, University of California, U.S ., U.S, Teledyne FLIR, Facebook, VR, Military, . Air Force, FH, U.S . Central Intelligence Agency, Department, Statistics, Harvard University, Biden Administration, Special, Command, Ministry of Defense, Veteran Locations: China, Australia, United States, Sydney, Britain, Japan, Singapore, South Korea, Europe, Asia, Ukraine, ”, America, U.S, Taiwan, East Asia, Beijing, Russian, Berkeley, Fort Campbell , Tennessee, Kenya, “, Russia, Colorado, Zhuhai, Netherlands, Costa, Mesa , California, United Kingdom, Virginia, Canberra, Washington

☆ Here's how Google plans to fight the DOJ
▼ + stars: | 2023-09-08 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

He pointed to Apple CEO Tim Cook's comments in 2018 that Google's search engine is the "best." Google isn't the only company that pays for prominent placement on browsers, Walker wrote. Consumers can easily change search engine defaults on their devices if they prefer another service. Walker wrote that consumers showed a willingness to do this in 2014 when many Mozilla users switched their default from Yahoo to Google. The DOJ and the Colorado state AG's office, which is leading the states' case, did not immediately respond to requests for comment.

Persons: Microsoft's Bing, Kent Walker, Walker, Tim Cook's, Bing Organizations: Google, District of, Court, Department of Justice, Microsoft, DOJ, Apple, Microsoft's, Yahoo, Mozilla, Big Tech Locations: District, District of Columbia, U.S, Colorado

☆ Georgia grand jury urged charges for three US senators
▼ + stars: | 2023-09-08 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsGeorgia grand jury urged charges for three US senatorsPostedA Georgia grand jury recommended criminal charges against Republican U.S. Senator Lindsey Graham and other allies of Donald Trump as part of its investigation into efforts to overturn Trump's 2020 presidential defeat, according to a report released on Friday. Alex Cohen has more.

Persons: Lindsey Graham, Donald Trump, Trump's, Alex Cohen Organizations: Georgia, Republican U.S Locations: Georgia

☆ The Republican candidates running for U.S. president
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +6 min

WASHINGTON, Sept 7 (Reuters) - Ten Republican candidates are seeking their party's nomination to take on Democratic U.S. President Joe Biden in the November 2024 election. DeSantis, 44, is Trump's top rival, but remains some 40 percentage points behind the former president in opinion polls. He is a fervent supporter of the former president and says he would pardon Trump should he win the White House. Haley has gained a reputation in the Republican Party as a solid conservative who has the ability to address issues of gender and race in a more credible fashion than many of her peers. CHRIS CHRISTIEChristie, 61, advised Trump's White House campaign, but became a vocal critic of the former president after the Jan. 6, 2021, attack.

Persons: Joe Biden, DONALD TRUMP Donald Trump, Trump, RON DESANTIS, DeSantis, MIKE, Jan, Pence, VIVEK RAMASWAMY, Ramaswamy, NIKKI HALEY, Haley, TIM SCOTT, Scott, ASA HUTCHINSON, Hutchinson, CHRIS CHRISTIE Christie, Trump's, Christie, DOUG BURGUM Burgum, HURD, Hurd, Susan Heavey Organizations: Republican, Democratic U.S, Justice Department, Twitter, Trump, U.S, Capitol, Christian, White, United Nations, Biden, Republican Party, TIM, Black Republican U.S, Reuters, ASA, White House, New, Republicans, Microsoft Corp, Thomson Locations: U.S, China, Florida, Iowa, Indiana, South Carolina, Arkansas, New Jersey, Texas

In seeking the rematch with James in the suburban district north of Detroit, Marlinga is hoping to extend his party's recent winning streak in Michigan. A former Macomb County judge and prosecutor, Marlinga beat out four other Democrats last year to win the party's nomination. The Democratic Congressional Campaign Committee, the campaign arm of House Democrats, has said the district is one of 31 GOP-held seats they will “aggressively target” in 2024. Last year, Democrats swept statewide races, flipped the state House and Senate and won three of four U.S. House races that were expected to be competitive. James lost U.S. Senate races in 2018 and 2020 before narrowly winning the House race while holding significant advantages in name recognition and fundraising.

Persons: Carl Marlinga, he'll, John James, James, Marlinga, Diane Young, Sen, Mallory McMorrow, Elissa Slotkin, Donald Trump, Joe Biden Organizations: Democrats, Republican U.S . Rep, Congressional, Associated Press, Democrat, Legislature, National Democrats, GOP, U.S . House, Republicans, Republican, Democratic Congressional, Committee, U.S . Senate, Senate, ., Michigan Republicans, Republican Party, U.S Locations: LANSING, Mich, Michigan, Michigan's, Detroit, Marlinga, Macomb County, U.S

☆ Trump may seek transfer of Georgia election case to federal court, lawyer says
▼ + stars: | 2023-09-07 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Former President Donald Trump may seek to have his Georgia election interference criminal case moved to federal court from state court, his lawyer said in a filing Thursday. Trump now has a month to file a formal notice of removal of the case to federal court in Georgia, his defense attorney Steven Sadow noted in the filing in Fulton County Superior Court. If he does seek removal, Trump would join several other defendants in the Georgia conspiracy case in doing so, among them his former White House chief of staff Mark Meadows. Under the law, a federal official can ask to transfer a state case to federal court if the issues in a case relate "to any act under color of such office." All the defendants have pleaded not guilty in the case.

Persons: Donald Trump, David Perdue, Kelly Loeffler, Trump, Steven Sadow, Mark Meadows, Joe Biden Organizations: U.S, Republican U.S, U.S . Senate, Fulton County Superior Court, White House Locations: Valdosta , Georgia, Georgia, Fulton County

REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsWASHINGTON, Sept 6 (Reuters) - The office of U.S. Trade Representative Katherine Tai on Wednesday further extended China "Section 301" tariff exclusions on 352 Chinese import and 77 COVID-19-related categories till Dec. 31 that were set to expire on Sept. 30. THE TAKEThe import tariff exclusions include industrial components such as pumps and electric motors, some car parts and chemicals, bicycles and vacuum cleaners. The COVID-related exclusions include medical products like face masks, examination gloves and hand sanitizing wipes. * The Trump administration had used Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners' unfair practices, to launch the China tariffs. * China last week urged Chinese companies investing in the U.S. to be given "equal treatment" and called U.S. 301 tariffs on Chinese imports "discriminatory," when Raimondo visited Beijing.

Persons: Katherine Tai, Gina Raimondo, Rebecca Cook, Donald Trump, Trump, Raimondo, Kanishka Singh, Jonathan Oatis, Josie Kao Organizations: . Trade, U.S . Commerce, Detroit , Michigan U.S, REUTERS, Rights, . U.S . Commerce, U.S, misappropriating, Trade, Thomson Locations: U.S, Detroit , Michigan, China, ., misappropriating U.S, Beijing, Taiwan, Washington

LANSING, Mich. (AP) — Republican Mike Rogers, who served in Congress for 14 years and chaired the House Intelligence Committee, is running for an open U.S. Senate seat in Michigan that Democrats have held for over two decades. The announcement, which was provided to The Associated Press in a campaign video on Wednesday, instantly shakes up a Senate race that had been relatively quiet and dominated by Democratic candidates. It's seen as a recruiting victory for Michigan Republicans, who have struggled to win statewide races with a state party in turmoil. The GOP has not won a Michigan U.S. Senate race since 1994. Defending the Michigan seat may prove crucial for Democrats, who face tough headwinds as they defend seats in Republican-leaning states from West Virginia to Montana and Ohio.

Persons: Mike Rogers, It's, Rogers, ” Rogers, Joe Biden, “, Nikki Snyder, Peter Meijer, Sen, Debbie Stabenow, Elissa Slotkin Organizations: —, House Intelligence, Senate, Associated Press, Democratic, Michigan Republicans, Marine, FBI, Republican, of, GOP, U.S . Rep, Michigan U.S, Democrat, Democrats Locations: LANSING, Mich, U.S, Michigan, West Virginia, Montana and Ohio, New Hampshire, Iowa

Litigation over the approval of the Willow project is pending. Many of those same voices pressed Biden to approve the Willow project for the same reason. “Once again, the Arctic Refuge is free of oil leases. Haaland later in 2021 ordered a new environmental review after concluding there were “multiple legal deficiencies” underlying the Trump-era leasing program. Major oil companies sat out the sale, held after prominent banks had announced they would not finance Arctic oil and gas projects.

Persons: Biden, Willow, “, Biden's, Deb Haaland, —, ”, Mary Peltola, Jamie Williams, Sen, Dan Sullivan, Haaland, Bernadette Demientieff, ___, Bernadette Demientieff's, Daly Organizations: Republicans, Wildlife Refuge, Trump, National Petroleum Reserve, The, ConocoPhillips, Democratic, Wildlife, U.S, Rep, Willow, Wednesday, Wilderness Society, Alaska Republican, Alaska Industrial Development, Export Authority Locations: JUNEAU, Alaska, ConocoPhillips Alaska, ANWR, America, Alaska Republican U.S, Washington ,

NASHVILLE, Tenn. (AP) — Tennessee state Rep. Gloria Johnson, a Democrat who shot to national fame after surviving a Republican-led expulsion effort for participating in a pro-gun control demonstration, on Tuesday formally announced that she's running for U.S. Senate. Shortly after the expulsion vote, Johnson quickly noted that likely she avoided expulsion because she was white. Blackburn first won the Tennessee Senate seat in 2018, defeating Democratic former Gov. In the Democratic primary for the Senate seat, Johnson will face off against community activist and organizer Marquita Bradshaw. Bradshaw won the Democratic Senate nomination in 2020, and lost the general election to Republican Bill Hagerty by 27 percentage points.

Persons: Gloria Johnson, Johnson, Sen, Marsha Blackburn, “ Gloria, ”, Justin Pearson, Justin Jones, ” Pearson, Jones, Pearson, Phil Bredesen, Blackburn, Donald Trump, Trump, Marquita Bradshaw, Bradshaw, Bill Hagerty, “ It’s, Abigail Sigler, Joe Biden, Chuck Schumer, ” Blackburn Organizations: Republican, Tuesday, U.S . Senate, Republican U.S, Democratic, Tennessee, Republicans, Blackburn, Tennessee Senate, Gov, Tennessee voters, Senate, “, Democrat Locations: Tenn, Tennessee, Washington

☆ Warner Bros Discovery taps media veteran Thompson as CEO of CNN
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +2 min

The exterior of the Warner Bros. With Thompson, 66, Warner Bros Discovery is turning to an executive with ample experience at the top level, unlike Licht - a former TV producer who had worked on "The Late Show With Stephen Colbert." "Mark is a true innovator who has transformed for the digital age two of the world's most respected news organizations," Warner Bros Discovery CEO David Zaslav said in a statement. A big focus area for Thompson is likely to be the recently announced round-the-clock news service called CNN Max, which will be available on Warner Bros Discovery's streaming platform. Those estimates are for the CNN networks that operate in the United States, including CNN en Español and CNN International.

Persons: Alyssa Pointer, Mark Thompson, Thompson, Chris Licht, Donald Trump, Stephen Colbert, David Zaslav, CNN Max, Aditya Soni, Shinjini Organizations: Warner Bros . Discovery, REUTERS, Warner Bros Discovery, CNN, New York Times, BBC, Republican U.S, Times, Warner Bros, P Global Market Intelligence, Español, CNN International, Fox News, MSNBC, Nielsen, Thomson Locations: Warner Bros . Discovery Atlanta, Atlanta , Georgia, U.S, United States

☆ CNN taps media veteran Thompson as CEO to spearhead turnaround
▼ + stars: | 2023-08-30 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

With Thompson, Warner Bros Discovery is turning to an executive with ample experience at the top level, unlike Licht - a former TV producer who had worked on "The Late Show With Stephen Colbert" and MSNBC's "Morning Joe". During his 8-year tenure as the CEO of the Times, Thompson helped transform the Gray Lady into a beacon for newspapers in the internet age by focusing on digital subscriptions. "Mark is a true innovator who has transformed for the digital age two of the world's most respected news organizations," Warner Bros Discovery CEO David Zaslav said. CNN Max is looking to capitalize on the immediacy of breaking news and analysis, differentiating it from CNN+, which featured lifestyle programs. Those estimates are for the CNN networks that operate in the United States, including CNN en Español and CNN International.

Persons: Mark Thompson, Neil Hall, Thompson, Chris Licht, Donald Trump, Stephen Colbert, David Zaslav, Joe Biden, Ron Desantis, CNN Max, Paolo Pescatore, Licht, Jeff Zucker, Aditya Soni, Chavi Mehta, Shinjini Organizations: BBC, REUTERS, Warner Bros Discovery, CNN, New York Times, Republican U.S, Times, Trump, Democratic, Warner Bros, Atlantic, P Global Market Intelligence, Español, CNN International, Fox News, MSNBC, Nielsen, Thomson Locations: London, Florida, Trump, United States, Bengaluru

☆ Who are candidates participating in the first Republican presidential debate?
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +6 min

[1/9] Republican presidential candidate and former U.S. President Donald Trump speaks as he campaigns at the Iowa State Fair in Des Moines, Iowa, U.S. August 12, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON, Aug 29 (Reuters) - Ten Republican candidates are seeking their party's nomination to take on Democratic President Joe Biden in the November 2024 election. In a sign of his extraordinary hold on his party, just two rivals at the first Republican presidential debate said they would not support him as the nominee if he were convicted. Haley has gained a reputation in the Republican Party as a solid conservative who has the ability to address issues of gender and race in a more credible fashion than many of her peers. Still, his name recognition remains limited outside Arkansas and he earned no support among Republicans polled by Reuters/Ipsos.

Persons: Donald Trump, Evelyn Hockstein, Joe Biden, DONALD TRUMP Donald Trump, Trump, RON DESANTIS, DeSantis, MIKE, Jan, Pence, VIVEK RAMASWAMY, Ramaswamy, NIKKI HALEY, Haley, TIM SCOTT, Scott, ASA HUTCHINSON, Hutchinson, CHRIS CHRISTIE Christie, Trump's, Christie, DOUG BURGUM Burgum, HURD, Hurd, Suarez, Susan Heavey, Ross Colvin, Jonathan Oatis Organizations: Republican, Fair, REUTERS, Rights, Democratic, Justice Department, Twitter, Trump, U.S, Capitol, Christian, White, United Nations, Biden, Republican Party, TIM, Black Republican U.S, Reuters, ASA, White House, New, Republicans, Microsoft Corp, Thomson Locations: Iowa, Des Moines , Iowa, U.S, China, Florida, Indiana, South Carolina, Arkansas, New Jersey, Texas

☆ U.S. trade chief flags concerns over India's license mandate for laptop, tablet imports
▼ + stars: | 2023-08-27 | by ( Shivangi Acharya | ) www.reuters.com time to read: +1 min

U.S. Trade Representative Katherine Tai addresses the media during the Indo-Pacific Economic Framework meeting in Detroit, Michigan U.S. May 27, 2023. Tai's intervention comes amid worries the licensing regime could impact shipments from the likes of Apple (AAPL.O) and Dell (DELL.N) and force firms to boost local manufacturing. Tai was in India to join the G20 trade ministers' meeting last week in the western state of Rajasthan. India's new licensing regime, which is due to come into effect on November 1, aims to "ensure trusted hardware and systems" enter the nation. It also seeks to reduce dependence on imports, boost local manufacturing, and in part address the country's trade imbalance with China, according to an Indian government official.

Persons: Katherine Tai, Rebecca Cook, Tai, Piyush Goyal, Shivangi Acharya, Sharon Singleton Organizations: Trade, Detroit , Michigan U.S, REUTERS, DELHI, Apple, Dell, India's Trade, World Trade Organisation, Thomson Locations: Detroit , Michigan, India, Rajasthan, China, U.S, New Delhi

☆ Gov. Doug Burgum injured playing basketball, may not be able to attend first Republican debate
▼ + stars: | 2023-08-23 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Republican U.S. presidential candidate and North Dakota Governor Doug Burgum speaks during Fair-Side Chat with Governor of Iowa Kim Reynolds (not pictured), at the Iowa State Fair in Des Moines, Iowa, August 11, 2023. Doug Burgum was injured playing basketball and may not be able to attend the first Republican presidential debate Wednesday night. The post included included a black-and-white photo of a younger-looking Burgum playing basketball in a gym. Burgum is one of eight candidates to meet the Republican National Committee's qualifications for the first debate. It was not immediately clear if the RNC would consider replacing Burgum with another Republican candidate if the governor is unable to appear.

Persons: Doug Burgum, Iowa Kim Reynolds, I've, Burgum, Ron DeSantis, Mike Pence, Nikki Haley, South Carolina Sen, Tim Scott, Chris Christie, Vivek Ramaswamy, Asa Hutchinson, Ramaswamy, Donald Trump's, Trump, Fox, Tucker Carlson, Will Hurd, Larry Elder, Perry Johnson — Organizations: Republican U.S, North Dakota, Fair, Fox News, NBC, CNN, NBC News, . North Dakota Gov, Republican National, Florida Gov, United Nations, New, New Jersey Gov, Arkansas Gov, GOP, Trump, Fox, RNC, Republican, Texas Rep Locations: Iowa, Des Moines , Iowa, Milwaukee, ., Florida, South Carolina, New Jersey, Georgia

☆ Ukraine war divides Republicans heading into first GOP debate
▼ + stars: | 2023-08-23 | by ( Amanda Macias | ) www.cnbc.com time to read: +12 min

Ukrainian Presidency | Anadolu Agency | Getty ImagesWASHINGTON — The Republican primary debate in Milwaukee Wednesday is expected to showcase the deep divisions within the party over America's role in the Russian war on Ukraine. Scott Olson | Getty ImagesFormer Vice President Mike Pence was the first Republican candidate to travel to Ukraine after Russia invaded. He says the Russia-China axis is by far the top threat to U.S. national security and merits more focus than the Ukraine war. Tim ScottLikely Republican presidential candidate and U.S. Joseph Prezioso | AFP | Getty ImagesThe former New Jersey governor was the second Republican candidate to visit Ukraine after Pence.

Persons: Ukraine Volodymyr Zelenskyy, Joe Biden, Donald Trump, Carlos Barria, Vladimir Putin, Volodymyr Zelenskyy, Trump, could've, Sean Hannity, Zelenskyy, Biden, Mike Pence, Scott Olson, they've, Pence, Putin, Vivek Ramaswamy, Tucker Carlson, Scott Morgan, Ramaswamy, Nikki Haley U.S, Nikki Haley, Kevin Lamarque, Haley, Tim Scott, Brian Snyder, Tim Scott of, Scott, Ron DeSantis, Scott Brown, Reba Saldanha, DeSantis, pushback, Chris Christie, Joseph Prezioso, Christie's, Christie, Francis Suarez, Miami Mayor Francis Suarez, Ronald Reagan, Mario Tama, Getty Images Miami Mayor Francis Suarez, Suarez, Will Hurd, Hurd, Republican frontrunners Trump, Doug Burgum, Dan Koeck, Asa Hutchinson, Arkansas Asa Hutchinson, Drew Angerer Organizations: Anadolu Agency, Getty Images WASHINGTON, Republican, Milwaukee Wednesday, GOP, New York Times, U.S, Army, National Defense, Reuters, Fox News, NATO, Getty, NBC News, Marine Corps, Vivek Ramaswamy Republican, Former Fox, Iowa, United, United Nations, American Enterprise Institute, New Hampshire Institute, Politics, Saint Anselm College, NBC, Ron DeSantis Florida Governor, Republican U.S, New Jersey, New Hampshire Town Hall, AFP, New, CNN, Miami Mayor, Library, Getty Images Miami Mayor, National, Harvard, Republican Party of Iowa, Former, CIA, Disney, Doug Burgum North, Reuters North, Asa Hutchinson Republican, Washington Hilton Locations: Ukraine, Kharkiv, Russia, Ukrainian, Milwaukee, United States, Europe, Moscow, Iran, Siena, Fort Drum , New York, U.S, South Carolina, Ankeny , Iowa, Russian, Kyiv, Berlin , New Hampshire, Des Moines , Iowa, China, Eastern Europe, Arlington , Virginia, Taiwan, North Korea, Manchester , New Hampshire, Tim Scott of South Carolina, America, Ron DeSantis Florida, Rye , New Hampshire, Reuters Florida, New Hampshire, Goffstown , New Hampshire, New Jersey, Bucha, Simi Valley , California, Harvard, Former Texas, Texas, Crimea, Desantis, Doug Burgum North Dakota, Fargo , North Dakota, Reuters North Dakota, Arkansas, Washington ,

☆ Factbox: Who is participating in this week's Republican presidential debate?
▼ + stars: | 2023-08-22 | by ( Susan Heavey | ) www.reuters.com time to read: +5 min

[1/3] Republican presidential candidate and Florida Governor Ron DeSantis speaks during a campaign stop in Manchester, New Hampshire, U.S., August 19, 2023. The former president dominates the field, with his indictments in four separate criminal cases boosting his popularity among Republican voters, and has said there is little political upside for him to debate his rivals. The political outsider has stoked grassroots chatter as a potential alternative to Trump and garnered 7% in the latest Reuters/Ipsos poll. She has about 5% support among Republican voters in the latest Reuters/Ipsos poll. Hutchinson, 72, has touted his experience leading the deeply conservative state as proof he can deliver on policies Republican voters care about, citing tax cuts and job creation initiatives.

Persons: Ron DeSantis, Brian Snyder, Donald Trump, Republican Party's, Trump, RON DESANTIS, MIKE, Pence, VIVEK RAMASWAMY, Ramaswamy, NIKKI HALEY, Haley, TIM SCOTT, Scott, ASA HUTCHINSON, Hutchinson, Ipsos, CHRIS CHRISTIE Chris Christie, Trump's, Christie, DOUG BURGUM Burgum, Susan Heavey, Nathan Layne, Joseph Ax, Ross Colvin, Deepa Babington, Bernadette Baum Organizations: Republican, Florida, REUTERS, Rights, Republican National Committee, RNC, Twitter, Trump, U.S . Capitol, Christian, Reuters, United Nations, Biden, Republican Party, TIM, Black Republican U.S, ASA, White House, New, Microsoft Corp, Thomson Locations: Manchester , New Hampshire, U.S, DeSantis, Florida, Pence, Indiana, South Carolina, Arkansas, New Jersey

☆ Morning Bid: World markets bounce at last
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +4 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. The onshore yuan steadied amid supportive action by China's state banks in the swaps market, and Chinese stocks (.CSI300) perked up from the year's lows. Overall, MSCI's all-country index (.MIWD00000PUS) was on course on Tuesday for its first back-to-back daily gains of August so far. There were background concerns about the impact on U.S. banks of this latest hit to bond prices and borrowing rates. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Xi Jinping, MSCI's, Jackson, Jerome Powell's, Moody's, Thomas Barkin, Austan Goolsbee, Michelle Bowman, Cyril Ramaphosa, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Treasury, Federal Reserve, Nasdaq, P, Activision, Ubisoft Entertainment, Microsoft, Richmond Fed, Philadelphia Fed, Richmond Federal, Chicago Fed, China's, Reuters Graphics, Thomson, Reuters Locations: New York City, U.S, Wyoming, Jackson, China, South Africa, Asia, Johannesburg, Pretoria

☆ Who qualifies for the Republican debate that Trump is skipping?
▼ + stars: | 2023-08-21 | by ( Susan Heavey | ) www.reuters.com time to read: +6 min

Here is a list of 2024 Republican hopefuls who appear to be on track to qualify for the debate:DONALD TRUMPTrump dominates the Republican presidential field, and his indictments in four separate criminal cases have only turbo-charged his popularity among Republican voters. DeSantis is Trump's top rival but remains far behind the former president in opinion polls - he stands at just 13% in the latest Reuters/Ipsos poll. The political outsider has excited a lot of grassroots chatter as a potential alternative to Trump and garnered 7% in the latest Reuters/Ipsos poll. She has about 5% support among Republican voters in the latest Reuters/Ipsos poll. Christie saw no support among Republicans in the latest Reuters/Ipsos poll, which has a credibility interval of about 6 percentage points.

Persons: Ron DeSantis, Brian Snyder, Donald Trump, Republican Party's, Tucker Carlson, Ronna McDaniel, DONALD TRUMP Trump, Trump, RON DESANTIS, MIKE, Pence, VIVEK RAMASWAMY, Ramaswamy, NIKKI HALEY, Haley, TIM SCOTT, Scott, ASA HUTCHINSON, Hutchinson, Ipsos, CHRIS CHRISTIE Chris Christie, Trump's, Christie, DOUG BURGUM Burgum, Susan Heavey, Nathan Layne, Joseph Ax, Ross Colvin, Deepa Babington Organizations: Republican, Florida, REUTERS, Rights, Fox News, Sunday, Twitter, Trump, U.S . Capitol, Christian, Reuters, United Nations, Biden, Republican Party, TIM, Black Republican U.S, ASA, White House, New, Microsoft Corp, Thomson Locations: Manchester , New Hampshire, U.S, Milwaukee , Wisconsin, Georgia, DeSantis, Florida, Pence, Indiana, South Carolina, Arkansas, New Jersey

☆ Republican feud over 'root canal' spending cuts raises US government shutdown risk
▼ + stars: | 2023-08-21 | by ( David Morgan | ) www.reuters.com time to read: +7 min

The result is a major headache for centrist Republicans from swing districts that Biden won in 2020 and others with constituents in the firing line of hardline spending targets. One significant source of frustration is hardline demands for cuts to bills that have already been vetted by the 61-member House Appropriations Committee. SHUTDOWN RISKHouse Freedom Caucus members say a shutdown could be necessary to achieve their objectives. This time, the slim 222-212 House Republican majority could pay a political price. Would the House Freedom Caucus end McCarthy's reign over a CR?

Persons: Scott Perry, Andy Biggs, Jonathan Ernst, Joe Biden, Kevin McCarthy, Goldman Sachs, Centrists, McCarthy, Biden, Don Bacon, Ben Cline, We're, willy, nilly, David Joyce, William Hoagland, Donald Trump's, Dusty Johnson, Chuck Schumer, McCarthy's, Perry, Kevin, David Morgan, Scott Malone, Daniel Wallis, Cynthia Osterman Organizations: U.S, Capitol, REUTERS, Rights, Republicans, U.S . House, Caucus, Monday, White, Republican, Social Security, Freedom Caucus, Committee, Republican Governance Group, Center, Senate, Justice Department, Ukraine, Main Street Caucus, Reuters, Office, Thomson Locations: Washington , U.S, U.S, Nebraska, Washington

☆ Republican feud over 'root canal' spending cuts raises US gov't shutdown risk
▼ + stars: | 2023-08-21 | by ( David Morgan | ) www.reuters.com time to read: +6 min

The result is a major headache for centrist Republicans from swing districts that Biden won in 2020 and others with constituents in the firing line of hardline spending targets. "I do not know how they get themselves out of this jam," said William Hoagland, a former Senate Republican budget director now at the Bipartisan Policy Center think tank. SHUTDOWN RISKHouse Freedom Caucus members say a shutdown could be necessary to achieve their objectives. This time, the slim 222-212 House Republican majority could pay a political price. Would the House Freedom Caucus end McCarthy's reign over a CR?

Persons: Scott Perry, Andy Biggs, Jonathan Ernst, Joe Biden, Kevin McCarthy, McCarthy, Biden, Don Bacon, Ben Cline, We're, willy, nilly, David Joyce, William Hoagland, Donald Trump's, Dusty Johnson, Chuck Schumer, McCarthy's, Perry, Kevin, David Morgan, Scott Malone, Daniel Wallis Organizations: U.S, Capitol, REUTERS, Rights, Republicans, U.S . House, Caucus, White, Republican, Social Security, Freedom Caucus, Committee, Republican Governance Group, Center, Senate, Main Street Caucus, Reuters, Office, Thomson Locations: Washington , U.S, U.S, Nebraska, Washington

☆ How Mexican narcos use remittances to wire U.S. drug profits home
▼ + stars: | 2023-08-18 | by ( Reuters Graphic | ) www.reuters.com time to read: +28 min

Now the news agency is the first to detail how Mexican drug gangs have harnessed legitimate remittance networks to repatriate their U.S. drug profits, and the factors that make this activity so difficult for authorities to detect and thwart. But authorities say Mexican drug cartels are piggybacking on this legal network to repatriate earnings from U.S. narcotics sales. A Reuters search of Mexican court records dating back to 2012 turned up no cases involving money laundering through remittances. Still, prosecutors in those cases mentioned several of those firms in court documents because they said the defendants had used their platforms to wire drug money. His office did not respond to requests for comment about law enforcement allegations that Mexican cartels are using remittances to launder drug money.

Persons: Money, ”, “, Andrés Manuel López Obrador, ” Jorge Godínez, ” Godínez, John Cornyn of, Chuck Grassley, ” Grassley, pocketing, John Horn, remitters ”, Horn, – Oscar Gustavo Perez, Bernal, Itzayana Guadalupe Perez, Susan Fiorella Ayala, Chavez –, Los, –, Jose Luis Rosales, Ocampo, Josue Gama, Perez, Thania Rosales, Dulce Rosales, – Ana Lilia Leal, Martinez, Ana Paola Banda, Maria de Lourdes Carbajal, Henri Watson, Carbajal, Sigue, Sangita Bricker, Transfast –, ” Sigue, Transfast, fanny, Juan de Dios Gámez, Rubén Rocha, BanCoppel, Banorte, hadn’t, El, López Obrador, ” López Obrador, Signos, Signos Vitales, Oquitoa, Enrique Cardenas, Tim Walz, Keith Ellison Organizations: Sinaloa Cartel, Reuters, Jalisco New, Mexican, WorldRemit, ., National Intelligence, narcos, U.S, Republican U.S, Treasury, U.S . Department of, U.S ., Financial Intelligence Unit, “, Federal Bureau of Prisons, Los Rosales, Kansas City, ”, Leal, IDT Corporation, IDT, Mastercard, Express Cellular, Prosecutors, IRS, Western Union, U.S . Department of Justice, Federal Trade Commission, ‘, Banco Azteca, Elektra, World Bank, Minnesota, Caborca Locations: CULIACÁN, Mexico, Mexican, Culiacán, Sinaloa, United States, Jalisco, U.S, Colorado, Union, Americas, London, John Cornyn of Texas, Iowa, Ohio, Colorado , Georgia , Ohio , Oklahoma , Texas, Virginia, Washington, Georgia, Atlanta, Columbus, Rosales, Nayarit, Michoacan, Missouri, Texas, Florida, New Jersey, Miami, , New Jersey, Ria, Kansas, California, New York, Western, Sinaloan, Costa Rica, BanCoppel, India, China, Mexico City, Minnesota, Arizona , Colorado , Florida , Illinois, New Mexico, Nevada, Oquitoa, Sonora

☆ US House Republicans seek Joe Biden's emails from National Archives
▼ + stars: | 2023-08-17 | by ( David Morgan | ) www.reuters.com time to read: +3 min

House Republicans are mulling a possible impeachment inquiry against the elder Biden, based partly on allegations that the president, his son and other family members have engaged in financial misconduct, allegations the White House strongly denies. The White House had no immediate comment. "Joe Biden has stated there was 'an absolute wall' between his family's foreign business schemes and his duties as vice president. "The National Archives must provide these unredacted records to further our investigation into the Biden family's corruption," the Republican said. Reporting by David Morgan; Editing by Scott Malone and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Hunter, James Comer, Biden, David Weiss, Department's, Hunter Biden, Biden's, Donald Trump, Devon Archer, Archer, Comer, David Morgan, Scott Malone, Jonathan Oatis Organizations: Infrastructure Law, White, Republican U.S, National Archives, House Republicans, Hunter, Biden, Republican, Thomson Locations: WASHINGTON, Ukrainian

☆ iPhone 15 production begins in India as Apple aims to diversify from China: Report
▼ + stars: | 2023-08-16 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

Apple supplier Foxconn is beginning production of the iPhone 15 in India as the company moves forward with its effort to diversify its manufacturing from China, Bloomberg reported Wednesday. Foxconn's Sriperumbudur plant is getting ready to deliver the new phones weeks after they begin shipping from China-based factories, Bloomberg reported, citing unnamed sources. After a meeting with India Prime Minister Narendra Modi at the White House this year, Apple CEO Tim Cook told CNBC that India represents a "huge opportunity." Apple has more recently ramped up iPhone production in India, assembling more than $7 billion worth there in the last fiscal year, Bloomberg earlier reported. Prior to that, iPhone assembly in India lagged China by six to nine months, Bloomberg reported, but that gap has significantly closed.

Persons: Sundar Pichai, Tim Cook, Narendra Modi, Foxconn's, Biden, Pegatron Organizations: Apple, Washington , D.C, Foxconn, Bloomberg, U.S, India, CNBC, Tata Group, YouTube Locations: Washington ,, India, China, iPhones

Aug 16 (Reuters) - A campaign aide to embattled Republican U.S. Representative George Santos was charged with identity theft and wire fraud in federal court for impersonating a top congressional staffer in fundraising appeals, court documents unsealed on Wednesday showed. Miele reached out to over a dozen contributors through the email account and phone calls, the indictment said, receiving a commission of 15% of the contributions he solicited to Santos' campaign. Miele could not be immediately reached for comment. According to the indictment, Miele admitted to Santos in August 2021 that he faked his identity "to a big donor," adding "that he was 'high risk, high reward in everything I do.'" He was indicted in May on federal charges including fraud, money laundering and theft of public funds.

Persons: Representative George Santos, Samuel Miele, Kevin McCarthy, Miele, Santos, Moira Warburton, Andy Sullivan Organizations: Republican U.S, Representative, Thomson Locations: Brooklyn , New York, Washington

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