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☆ Meta says it will appeal US judge's ruling in privacy fight with FTC
▼ + stars: | 2023-11-28 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com time to read: +2 min

A Meta logo is seen on a beach during the Cannes Lions International Festival of Creativity in Cannes, France, June 19, 2023. Judge Timothy Kelly of the U.S. District Court for the District of Columbia denied a motion filed by Meta on Monday for the court to hear the dispute with the Federal Trade Commission (FTC). Meta in a court filing on Tuesday said it would appeal Kelly's decision to the U.S. Court of Appeals for the District of Columbia. The dispute started in May when the FTC proposed changing a settlement reached in 2019 that required Facebook, which became Meta in 2021, to pay $5 billion. The FTC said it would tighten the 2019 settlement to bar Meta from making money off data collected on users under age 18, including in its virtual reality business.

Persons: Eric Gaillard, Timothy Kelly, Diane Bartz, Mark Porter, Richard Chang Organizations: Cannes Lions International, Creativity, REUTERS, WASHINGTON, Facebook, U.S, District of Columbia, Meta, Federal Trade Commission, U.S ., Appeals, FTC, Thomson Locations: Cannes, France, U.S

☆ Netherlands to allow takeover of chip startup Nowi by Chinese-owned Nexperia
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

AMSTERDAM, Nov 27 (Reuters) - The Dutch government on Monday said that, after an assessment, it won't block Chinese-owned Nexperia's acquisition of Delft-based start-up Nowi. "There are no legal objections to the acquisition of Nowi by Nexperia," Economic Affairs Minister Micky Adriaansens said in a letter to parliament. Nexperia, owned by China's Wingtech (600745.SS), bought Nowi, which has around 40 employees, for an undisclosed sum in 2022. But the Dutch government decided to vet the deal retroactively in May 2023 after it established a new office to review foreign takeovers of potentially sensitive technologies. Reporting by Charlotte Van Campenhout and Benoit Van Overstraeten; Editing by Jan Harvey and Mark PorterOur Standards: The Thomson Reuters Trust Principles.

Persons: Micky Adriaansens, China's Wingtech, Charlotte Van Campenhout, Benoit Van Overstraeten, Jan Harvey, Mark Porter Organizations: Economic, Thomson Locations: AMSTERDAM, Delft

Nov 27 (Reuters) - Activist investor Elliott Investment Management on Monday said it was ready to nominate directors at Crown Castle International and push for the ouster of the wireless tower owner's executives and board members, whom it blames for years of underperformance. The hedge fund in a letter released on Monday said the company needs "comprehensive leadership change." It said it was ready to appeal to other shareholders to make changes to the 12-member board, signaling a possible proxy fight next year. Elliott sharply criticized management and the board saying a "lack of oversight ... contributed to its irresponsible stewardship and flawed financial policy." The hedge fund said the company "disregarded our data-driven analysis" and added that "our recommended changes were neither made nor taken seriously."

Persons: Elliott, Jesse Cohn, Jason Genrich, Jay Brown, Svea Herbst, Bayliss, Pooja Desai, Mark Porter Organizations: Investment Management, Crown Castle International, SBA Communications, Intelligence, Svea, Thomson Locations: Houston, Providence, Bengaluru

While high interest rates have boosted the banks' lending margins, residential mortgages, auto loans and commercial real estate loans have slowed as consumers and businesses pulled back. With interest rates forecast to remain high, renewal of the mortgages will squeeze household budgets. Banks are also rethinking lending to industries sensitive to high interest rates, from condo development to office space. "We want to make sure we have some kind of confidence when a project is going to go ahead," said Victoria Girardo, Canadian Western Bank's (CWB.TO) VP in real estate lending. "That is creating liquidity issues across the real estate developer space.

Persons: Carlos Osorio, Ebrahim Poonawala, Mike Rizvanovic, Rizvanovic, Banks, Victoria Girardo, Nigel D'Souza, Nivedita Balu, Mark Porter Organizations: Bank of Montreal, REUTERS, Rights TORONTO, U.S, National Bank, Bank, Veritas Investment Research, Thomson Locations: Toronto , Ontario, Canada, Toronto

"We hoped and prayed today would come," Liz Hirsh Naftali and Noa Naftali, Edan's great aunt and cousin, said in a statement, thanking Biden and the Qatari government for their work in getting Abigail released. Her siblings were already there, Noa Naftali said, and the family can provide "the love and support that they need after losing their parents." According to Noa Naftali, Abigail had been held captive in Gaza with neighbors also taken from the Kfar Aza kibbutz, where the toddler, her parents and her siblings lived. Biden said he expects Hamas to release other U.S. hostages as well, and that he wants the pause in the fighting to be extended as long as prisoners are being released. "We will not stop working until every hostage is returned to their loved ones," Biden said.

Persons: Amir Cohen, Joe Biden, Abigail Edan, Abigail, Israel, Biden, Liz Hirsh Naftali, Noa Naftali, Edan's, Carmel Edan, he's, Aza, —, Judith Tai Raanan, Natalie, Benjamin Netanyahu, Jeff Mason, Andy Sullivan, Moira Warburton, Jason Lange, Steve Gorman, David Goodman, Alexander Smith, Mark Porter, Josie Kao Organizations: Palestinian, Hamas, REUTERS, Rights, CBS, Qatari, Reuters, Sunday, Thomson Locations: Gaza, Ofakim, Israel, Rights NANTUCKET , Massachusetts, Israeli, Palestinian, United States, Nantucket, Washington, Buffalo , NY

☆ Trans Mountain faces regulatory hearing on pipeline variance request
▼ + stars: | 2023-11-24 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

The expansion of the Canadian government-owned Trans Mountain oil pipeline advanced to a new construction stage, in Acheson, Alberta, Canada December 3, 2019. REUTERS/Candace Elliott/File Photo Acquire Licensing RightsNov 24 (Reuters) - The Canada Energy Regulator (CER) has ordered the company building the Trans Mountain oil pipeline expansion (TMX) to appear at an oral hearing on Monday, as the regulator weighs whether to approve a variance request from the project. Trans Mountain had asked the regulator to make a decision on the variance request by Nov. 30 to "advance the timely completion" of the expansion project. In September, the CER approved a route deviation request from TMX for a section of pipeline near Kamloops, despite opposition from local Indigenous groups. The CER said no other parties had expressed concern about TMX's latest variance request.

Persons: Candace Elliott, TMX, Nia Williams, Mark Porter, Leslie Adler Organizations: Canadian, REUTERS, Canada Energy Regulator, Trans Mountain Corp, Thomson Locations: Acheson , Alberta, Canada, Hope, Chilliwack, British Columbia, Calgary, Alberta, Coast, Abbotsford, TMX, Kamloops

☆ AI poster child Altman back at OpenAI, may have fewer checks on power
▼ + stars: | 2023-11-22 | by ( Aditya Soni | ) www.reuters.com time to read: +4 min

[1/3] Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13, 2023. "Altman seems awfully powerful and it is unclear that any board would be able to oversee him. The board fired Altman last week with little explanation and attempted to move on by naming an interim CEO twice. "The fact that Summers and Taylor will join OpenAI is quite extraordinary and marks a dramatic reversal of fortunes in the company," Valle said. Sutskever, Altman and Taylor could not be immediately reached for comment.

Persons: Sam Altman, OpenAI, Chuck Schumer, Craig Hudson, Sam Altman's, Altman, Mak Yuen Teen, " Altman, Beatriz Valle, Bret Taylor, Salesforce, Larry Summers, Summers, Taylor, Valle, Jack Dorsey's, Tasha McCauley, Helen Toner, Ilya Sutskever, Adam D'Angelo, Sutskever, Sam, Gartner, Jason Wong, Aditya Soni, Mark Porter Organizations: Intelligence, Senate, U.S, Capitol, REUTERS, Microsoft, National University of Singapore Business School, Wall, Elon Musk's, Twitter, ., Harvard, Democratic, OpenAI, Georgetown's Center for Security, Emerging Technology, Thomson Locations: Washington , U.S, Bengaluru

☆ Two ships divert course away from Red Sea area after vessel seized by Houthis
▼ + stars: | 2023-11-20 | by ( Jonathan Saul | ) www.reuters.com time to read: +3 min

[1/5] The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Israel on Sunday said the Houthis had seized a British-owned, Japanese-operated cargo ship in the southern Red Sea, describing the incident as an "Iranian act of terrorism" with consequences for international maritime security. The Houthis, an ally of Tehran, confirmed that they had seized a ship in that area but described it as Israeli. The Glovis Star drifted for a number of hours in the Red Sea before continuing its journey, AIS ship tracking data showed on Monday. Houthi leadership last week said their forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait.

Persons: Yemen's Houthis, Ray Car, Ambrey, Hermes, Isaac Herzog, Jonathan Saul, Mark Porter, Christina Fincher Organizations: Galaxy Leader, Houthi Military, REUTERS Acquire, Sunday, Nippon, Galaxy, Ray, Ray Car Carriers, Glovis, Hermes, AIS, Galaxy Maritime Ltd, Thomson Locations: Red, Gulf, Aden, Israel, British, Tehran, Japan, Saudi, Omani, Nishtun, Yemen, Sri Lanka, Mandeb Strait . U.S, Hodeidah

☆ US appeals court ruling strikes at core of landmark voting rights law
▼ + stars: | 2023-11-20 | by ( Joseph Ax | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

The ruling, which will likely be appealed, could set up the next voting rights battle at the U.S. Supreme Court. The vast majority of Voting Rights Act cases are filed by private parties. For instance, the case that prompted the Supreme Court earlier this year to strike down Alabama's congressional map was originally filed by a coalition of civil rights groups. In a dissent, Chief Judge Lavenski Smith, also a Bush appointee, said he would have followed existing precedent unless Congress or the Supreme Court said otherwise. Sophia Lin Lakin, the director of the American Civil Liberties Union's voting rights project and a lawyer for the plaintiffs, in a statement called the ruling a "travesty for democracy."

Persons: Shannon Stapleton, District Judge Lee Rudofsky, Donald Trump, David Stras, Raymond Gruender, George W, Bush, Judge Lavenski Smith, Sophia Lin Lakin, Joseph Ax, David Gregorio, Mark Porter Organizations: REUTERS, Firms American Civil Liberties, ., U.S, Supreme, District, Appeals, Trump, Circuit, Republican, American Civil Liberties, Thomson Locations: Queens, New York City, U.S, Arkansas

☆ Traders now see Fed starting rate cuts later in 2024
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: 1 min

Nov 9 - Traders of futures contracts that track expectations for the Federal Reserve's policy rate pushed out bets on the U.S. central bank's likely first interest-rate cut to June of next year, after Fed Chair Jerome Powell said he was not yet convinced rates are "sufficiently restrictive." The contracts had earlier priced the Fed's first rate cut as more likely than not in May. Traders still are overwhelmingly betting against another Fed interest-rate hike, although prices after Powell spoke reflected a slight bump up in the probability seen of a rate hike in December or January. Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

Persons: Jerome Powell, Powell, Mark Porter Organizations: Federal, U.S, Traders, Thomson

☆ Chinese carmaker Nio still "debating" 2025 entry in North America -executive
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

A NIO ET5 car model and the NIO EP9 sports car are pictured at the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsCompanies NIO Inc FollowNov 9 (Reuters) - Chinese automaker Nio (9866.HK) is still "debating" a 2025 entry in North America, a top executive said on Thursday. Speaking at Reuters Events Automotive USA 2023 conference, Ganesh Iyer, chief executive officer of Nio USA, said the company is considering "any kind of partnerships" in North America. Nio also needs to build infrastructure before bringing electric vehicles to North America, he said. Nio sees an "immersive user experience" as a differentiator for the brand, Iyer said.

Persons: Annegret, Ganesh Iyer, Nio, Iyer, Paul Lienert, Mark Porter Organizations: REUTERS, Automotive, Nio, Thomson Locations: Berlin, Germany, HK, North America, Nio USA, Detroit

☆ Fed's Powell resumes speech at IMF after climate activists' protest
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

[1/2] Climate protesters interrupt an event with Federal Reserve Chair Jerome Powell at the International Monetary Fund, in Washington, DC, U.S., November 9, 2023. REUTERS/Howard Schneider Acquire Licensing RightsCompanies International Monetary Fund FollowNov 9 (Reuters) - Climate activists on Thursday took over a stage inside the secured headquarters of the International Monetary Fund where Federal Reserve Chair Jerome Powell and Israeli central bank Governor Amir Yaron were speaking at a research conference. "End fossil finance," the protesters shouted as Powell was ushered off the stage by security. It was the second time in weeks that an event attended by the Fed chief was disrupted by climate activists. A group took over the stage at an event featuring Powell in New York on Oct. 24.

Persons: Jerome Powell, Howard Schneider, Amir Yaron, Powell, Yaron, Powell's, Spokespeople, Ann Saphir, Mark Porter, Andrea Ricci, Paul Simao Organizations: Federal, International Monetary Fund, REUTERS, International Monetary, Fed, IMF, Thomson Locations: Washington , DC, Israeli, New York

☆ Santander's Botin targets auto finance, renewables in U.S. banking push
▼ + stars: | 2023-11-09 | by ( Alessandra Galloni | ) www.reuters.com time to read: +2 min

"Our strategy is very focused on playing to our strengths," she said in an interview at the Reuters NEXT conference in New York. As part of efforts to grow the unit, the Spanish bank is hiring staff from the stricken Credit Suisse. "All we are saying is, in terms of taxes, in terms of transparency, let's have the same," Botin said. "I'd love to compete with Apple as long as we are competing on same terms," she said. Santander is investing in its payments business PagoNxt as one of five key business areas, competing with the likes of Apple Pay.

Persons: Ana Botin, Alessandra Galloni, Brendan McDermid, Botin, Lananh Nguyen, Saeed Azhar, Lawrence White, Mark Porter, Lisa Shumaker Organizations: Banco Santander, Reuters NEXT, Santander, Suisse, Reuters, REUTERS, Apple Inc, Apple, Apple Pay, reuters, Thomson Locations: U.S, New York, Spanish, Santander, New York City , New York

☆ Volkswagen aims to bring under-$35,000 EV to US in 3-4 years-VW executive
▼ + stars: | 2023-11-09 | by ( Paul Lienert | ) www.reuters.com time to read: +2 min

A charging handle recharges a Volkswagen ID.4 electric vehicle (EV) parked at an EV charging station inside a parking garage owned by the City of Baltimore, in Baltimore, Maryland, U.S., March 23, 2023. Speaking at the Reuters Events Automotive USA 2023 conference in Detroit, Fischer said VW plans to build the under-$35,000 EV in the United States or Mexico. VW also is looking at localizing assembly of battery packs for the under-$35,000 EV to qualify for additional incentives under the U.S. Inflation Reduction Act, Fischer said. The German automaker previously has announced plans to build battery cells in Canada for its current and future North American-built EVs. Reporting by Paul Lienert in Detroit; Editing by Mark Porter and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

Persons: Bing Guan, Nio, Reinhard Fischer, Ganesh Iyer, Fischer, Iyer, Paul Lienert, Mark Porter, Sharon Singleton Organizations: Volkswagen, EV, City, REUTERS, Rights DETROIT, EVs, VW Group of America, Nio, Reuters, Automotive, VW, U.S, Thomson Locations: City of Baltimore, Baltimore , Maryland, U.S, North America, Detroit, United States, Mexico, Chattanooga , Tennessee, Puebla, South Carolina, Canada

"It's pretty simple - you can't make a big business decision today without a geopolitical perspective," Orszag said in an interview at the Reuters NEXT conference in New York. Lazard has a geopolitical advisory unit that analyzes world events and their potential impact on clients' businesses. Orszag set an ambitious goal of doubling the investment bank's revenue by 2030. Some investment banks have laid off thousands of employees and cut other costs after several quarters of lethargic dealmaking. [1/5]Peter Orszag, CEO of Lazard, speaks with Reuters journalist Lananh Nguyen during the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023.

Persons: Peter Orszag, Orszag, Lazard, lethargic, Lananh Nguyen, Brendan McDermid, dealmaking, Brian Moynihan, Obama, We're, Leela de Kretser, Mark Porter, Emelia Organizations: Reuters NEXT, Wall, Reuters, REUTERS, Bank of America, reuters, Thomson Locations: China, Ukraine, New York, New York City , New York, U.S

Brazil's central bank Governor Roberto Campos Neto, speaks at the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsNEW YORK, Nov 9 (Reuters) - Brazil's central bank chief Roberto Campos Neto on Thursday said any change to the country's fiscal target would raise concerns, following comments by President Luiz Inacio Lula da Silva casting doubt on the government's vow to erase a budget deficit. Since then, Finance Minister Fernando Haddad has broadly reaffirmed Brazil's commitment to "fiscal balance," but lawmakers involved in next year's budget bill are hinting heavily that they aim to loosen the zero-deficit target. In Thursday's interview, Campos Neto highlighted that Brazil has approved important reforms since the COVID pandemic, including an overhaul on consumption taxes, which passed the Senate on Wednesday, but acknowledged the uncertainty on fiscal policy. "And that influences a lot of the variables that are important for us when you make decisions in monetary policy," he reinforced.

Persons: Roberto Campos Neto, Brendan McDermid, Luiz Inacio Lula da Silva, Campos Neto, Lula, Fernando Haddad, Rodrigo Campos, Dan Burns, Marcela Ayres, Mark Porter, Brad Haynes, Nick Macfie Organizations: REUTERS, Reuters NEXT, Finance, Thomson Locations: New York City , New York, U.S, New York, Brazil

☆ US House Republican spending plan hits new snag as shutdown looms
▼ + stars: | 2023-11-09 | by ( David Morgan | ) www.reuters.com time to read: +4 min

Lawmakers said they expect the Louisiana Republican to unveil a continuing resolution or "CR" to avert a partial government shutdown as late as Saturday. Johnson can afford to lose no more than four Republican votes from his slim 221-212 House majority on legislation opposed by Democrats. But he is under pressure from Republican hardliners to lumber any CR with spending cuts and policy riders Democrats uniformly reject. "If there's any kind of CR, there has to be spending reductions," Representative Chip Roy, a prominent conservative, told reporters. House Republicans are trying to pass a full slate of 12 appropriations bills for fiscal 2024, which began on Oct. 1.

Persons: Julia Nikhinson, Mike Johnson, Joe Biden, Biden, Chuck Schumer, Johnson, Chip Roy, Tom Cole, Cole, We've, Steve Womack, Republican centrists, Kevin McCarthy, McCarthy, It's, Ralph Norman, David Morgan, Nandita Bose, Susan Heavey, Scott Malone, David Gregorio, Mark Porter Organizations: U.S, Capitol, Congress, REUTERS, Rights, . House, White, Treasury, Lawmakers, Louisiana Republican, Democratic, Republican, House Republicans, Internal Revenue Service, District of, Food and Drug Administration, Amtrak, Biden, Republicans, Caucus, Thomson Locations: Washington , U.S, Louisiana, Washington, District of Columbia

The company reported free cash flow of $2.06 billion, compared with $1.72 billion in the prior quarter. The company posted a net loss of $417 million, narrowing from a $2.3 billion net loss from a year-ago period. Advertising revenue at its networks segment declined 12% to $1.71 billion as global conflicts and inflation created an uncertain climate for marketers. The company's streaming unit posted an adjusted core profit of $111 million, compared with a loss of $634 million a year ago. Warner Bros Discovery had 95.1 million global direct-to-consumer customers at the end of the quarter, down from 95.8 million in the previous quarter.

Persons: Mario Anzuoni, Gunnar Wiedenfels, there's, Wiedenfels, David Zaslav, Michael Schulman, Barbie, Thomas Hayes, Samrhitha, Helen Coster, Saumyadeb Chakrabarty, Anil D'Silva, Mark Porter Organizations: Paramount Pictures Studios, REUTERS, Warner Bros Discovery, SAG, Running, HBO, Thomson Locations: Los Angeles , California, U.S, Bengaluru, New York

Twelve Democrats voted with 214 Republicans for the bill, and two Republicans joined 194 Democrats in objecting. Republicans have a 221-212 majority in the House, but Biden's fellow Democrats control the Senate 51-49. To become law, the bill would have to pass both the House and Senate and be signed by Biden. The nonpartisan Congressional Budget Office on Wednesday said the IRS cuts and Israel aid in the House bill would add nearly $30 billion to the U.S. budget deficit, currently estimated at $1.7 trillion. After the vote, Johnson urged the Senate and White House to quickly approve the bill.

Persons: Mike Johnson, Joe Biden, Chuck Schumer, Biden, Schumer, Kay Granger, Nathan Howard, Rosa DeLauro, Johnson, Patricia Zengerle, Makini Brice, Scott Malone, Mark Porter, Alistair Bell, Chris Reese Organizations: U.S . House, Republican, Internal Revenue, Republicans, Israel, Internal Revenue Service, Democratic, Senate, U.S, Capitol, REUTERS, White, Twitter, Thomson Locations: Israel, Iran, Ukraine, Taiwan, Washington , U.S, Gaza City, Kyiv, U.S, Mexico

☆ Lula militarizes Brazil's main ports, airports amid rising crime
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

Lula said soldiers will work with federal police officers to manage security operations at Latin America's largest port and airport: the port of Santos, in Sao Paulo, and its main airport Guarulhos. Soldiers will also be deployed to the port of Itaguai in Rio de Janeiro state and Rio's Galeao airport. Those ports and airports are key logistical hubs for booming cocaine exports to Europe, while also receiving contraband like high-caliber weapons that contribute to street violence. "The situation in Rio de Janeiro has reached a very serious point," Lula said at a ceremony after singing the decree. Then, last week, militias set fire to dozens of Rio buses after police killed one of their bosses in an operation.

Persons: Luiz Inacio Lula da Silva, Lula, Lisandra Paraguassu, Mark Porter, Josie Kao Organizations: Wednesday, Thomson Locations: BRASILIA, Rio de Janeiro, Santos, Sao Paulo, Itaguai, Rio's Galeao, Europe, Rio

REUTERS/Steve Marcus/ File Photo Acquire Licensing RightsOct 31 (Reuters) - Caterpillar (CAT.N) reported a double-digit rise in third-quarter profit on Tuesday, beating Wall Street estimates as strong infrastructure investments across key markets boosted demand for its high-end construction equipment in North America. The world's largest construction equipment maker's order backlog fell $2.6 billion quarter over quarter. Construction equipment demand had been resilient as the United States upgrades its roads, railways and other transportation infrastructure under a $1 trillion package approved by Congress in 2021 under the Biden administration. Machinery, Energy and Transportation equipment profit rose 48% from the year prior. Its profit rose to $2.79 billion, or $5.45 per share, outpacing an analysts' forecast of $4.79.

Persons: Steve Marcus, Kristen Owen, Matt Britzman, Hargreaves Lansdown, Biden, outpacing, Bianca Flowers, Devika Syamnath, Louise Heavens, Mark Porter Organizations: Caterpillar, REUTERS, Wall, Oppenheimer, Co Inc, Congress, Machinery, Energy, Thomson Locations: Las Vegas , Nevada, U.S, North America, Texas, United States, Chicago, Bengaluru

☆ Illinois man pleads not guilty in fatal stabbing of Muslim boy
▼ + stars: | 2023-10-30 | by ( Rich Mckay | ) www.reuters.com time to read: +2 min

Police say Joseph Czuba, 71, the family's landlord, targeted them for their religion and as a response to the war between Israel and Hamas, police said. He is charged with the fatal stabbing of Wadea Al-Fayoume, 6, and the wounding of his mother Hanaan Shahin, 32, on Oct. 14, in Plainfield Township, about 40 miles (64 km) southwest of Chicago. The boy was stabbed 26 times with a military-style knife with a 7-inch (18-cm) serrated blade, the Will County Sheriff's Office said in a statement. The Department of Justice has also opened a federal investigation into Al-Fayoume's death. Reporting by Rich McKay in Atlanta; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

Persons: Joseph Czuba, George Lenard, Wadea, Hanaan Shahin, Lenard, Czuba, Rich McKay, Mark Porter Organizations: Reuters, Police, Hamas, NBC News, of Justice, Al, Thomson Locations: Israel, An Illinois, Chicago, Plainfield Township, Will, Joilet, Atlanta

☆ EU to help Western Balkans reforms with 6 billion euro package - von der Leyen
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +3 min

SARAJEVO, Oct 30 (Reuters) - The European Union plans to help the countries of the Western Balkans pursue reforms needed for integration with the wealthy bloc with an investment of 6 billion euros ($6.4 billion), the EU executive's president, Ursula von der Leyen, said in Skopje on Monday. North Macedonia, Albania, Kosovo, Serbia, Montenegro and Bosnia and Herzegovina all need to seize the "window of opportunity" for the enlargement of the EU and work to align their standards to those in the bloc, von der Leyen said. Von der Leyen said the EU's new growth plan for the region would include the opening of its common market to the Western Balkan countries in areas such as free movement of goods and services, transport and energy. It also urged the countries to open a common regional market, and pursue it with necessary reforms. "These reforms will come with investment," von der Leyen said during a press conference with North Macedonia Prime Minister Dimitar Kovacevski at the start of her Western Balkans tour.

Persons: Ursula von der Leyen, von der Leyen, Von der Leyen, Dimitar Kovacevski, Daria Sito, Fatos Bytyci, Alison Williams, Ed Osmond, Mark Porter Organizations: European Union, EU, ., North Macedonia, Brussels, Thomson Locations: SARAJEVO, Balkans, Skopje, Macedonia, Albania, Kosovo, Serbia, Montenegro, Bosnia, Herzegovina, Bulgaria, EU, North Macedonia, Pristina

LEWISTON, Maine, Oct 27 (Reuters) - The man suspected of killing 18 people and wounding 13 in a shooting rampage in Lewiston, Maine, was found dead of a likely self-inflicted gunshot wound on Friday, ending a 48-hour manhunt that followed the most lethal episode of gun violence in the state's history. "He is dead," Maine Governor Janet Mills told a news conference, thanking the hundreds of officers from various agencies involved in the search. Card died of an apparently self-inflicted gunshot wound, said Mike Sauschuck, Maine's Department of Public Safety commissioner. [1/6]Maine's Governor Janet Mills holds a news conference after Lewiston mass shooting suspect Robert Card was found dead, in Lewiston, Maine, U.S., October 27, 2023. Nine deaf people were playing in a weekly tournament at Schemengees, the sister of one of the victims told the Lewiston Sun Journal.

Persons: Robert R, Janet Mills, Robert Card, Mills, Card, Mike Sauschuck, Kevin Lamarque, Sauschuck, Joshua Seal, Noel Sullivan, Seal, Sullivan, Stephen Vozella, Bryan MacFarlane, Keri Brooks, Bill Young, Aaron, Bill's, Rob Young, Bob Violette, Lucille Violette, Cassandra Violette, Tricia Asselin, Joseph Walker, Leroy Walker, Joey, Gabriella Borter, Julia Harte, Rich McKay, Daniel Trotta, Steve Gorman, Mark Porter, Jonathan Oatis, David Gregorio, Leslie Adler, William Malard, Raju Gopalakrishnan Organizations: Maine's Department of Public, U.S . Army, Maine State Police, Army, Lewiston, REUTERS, Authorities, Lewiston Sun, Pine Tree Society, Sun Journal, New, Deaf Cornhole, Reuters, Thomson Locations: LEWISTON , Maine, Lewiston , Maine, Lisbon Falls, Maine, Lewiston, Androscoggin, Portland, Maine's, Augusta, Bowdoin, Saco , Maine, U.S, Lisbon, Schemengees, Pine, New York, Atlanta

Oct 26 (Reuters) - Ford (F.N) autoworkers were set to head back to work after the United Auto Workers (UAW) union reached a tentative labor deal with the company late Wednesday. Ford was the first of Detroit's Big Three car manufacturers to negotiate a settlement to strikes joined by 45,000 workers since mid-September. The UAW will now turn its attention to talks with General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI). The UAW told Ford workers now on strike to return to their jobs during the ratification process. That means production of Ford Super Duty pickups, Ford Bronco and Explorer SUVs and Ranger trucks could restart this week.

Persons: Ford, Harley Shaiken, Shawn Fain, Jim Farley, David Shepardson, Joseph White, Abhirup Roy, David Gaffen, Mark Porter Organizations: United Auto Workers, UAW, General Motors, Chrysler, Ford, University of California, GM, Ford Bronco, Thomson Locations: University of California Berkeley, Washington, Detroit

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