U.S. lawmakers arrive in Taiwan amid China tensions

TAIPEI, Aug 14 (Reuters) – A U.S. lawmaker delegation arrived in Taiwan on Sunday for a two-day visit during which they will meet President Tsai Ing-wen, the second high-level group to come amid continued military tensions with the island’s giant neighbour China. Beijing, which claims democratically governed Taiwan as its own territory, has been holding … Read more

Salman Rushdie still hospitalized as attack suspect pleads not guilty

Aug 13 (Reuters) – Acclaimed author Salman Rushdie remained hospitalized on Saturday with serious injuries a day after he was repeatedly stabbed at a public appearance in New York state, while police sought to determine the motive behind an attack that drew international condemnation. The accused attacker, 24-year-old Hadi Matar of Fairview, New Jersey, pleaded … Read more

Trump’s Mar-a-Lago, a security ‘nightmare’ that housed classified documents

WASHINGTON, Aug 13 (Reuters) – The seizure of classified U.S. government documents from Donald Trump’s sprawling Mar-a-Lago retreat spotlights the ongoing national security concerns presented by the former president, and the home he dubbed the Winter White House, some security experts say. Trump is under federal investigation for possible violations of the Espionage Act, which … Read more

Peloton to cut jobs, shut stores and raise prices in company-wide revamp

Aug 12 (Reuters) – Peloton Interactive Inc (PTON.O) said on Friday it would cut jobs, shut stores and raise prices on its exercise equipment including treadmills and top-end bikes as it undertakes a company-wide revamp to shore up its revenue and improve cash flow. Shares of the company surged about 11% in afternoon trade after … Read more

Novelist Salman Rushdie on ventilator after New York stabbing

NEW YORK, Aug 12 (Reuters) – Salman Rushdie, the Indian-born novelist who spent years in hiding after Iran urged Muslims to kill him because of his writing, was stabbed in the neck and torso onstage at a lecture in New York state on Friday and airlifted to a hospital, police said. After hours of surgery, … Read more

Reactions to the attack on writer Salman Rushdie

Aug 12 (Reuters) – Here are reactions to Friday’s attack on novelist Salman Rushdie. read more SUZANNE NOSSEL, CEO OF FREE EXPRESSION ORGANIZATION PEN AMERICA: “We can think of no comparable incident of a public attack on a literary writer on American soil. Just hours before the attack, on Friday morning, Salman had emailed me … Read more

U.S. allows Delta to temporarily cut some New York, Washington flights

Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 12 (Reuters) – Delta Air Lines (DAL.N) can temporarily cut some flights at New York’s LaGuardia … Read more

S&P 500, Nasdaq close up 4th straight week as optimism grows

Nasdaq, S&P 500 post longest weekly win streaks since November S&P 500 recovers 50% of bear market losses S&P 500 is up 17.7% from a mid-June low NEW YORK, Aug 12 (Reuters) – Wall Street closed higher on Friday as signs that inflation may have peaked in July increased investor confidence that a bull market … Read more

Five Chinese state-owned companies to delist from NYSE

SHANGHAI/HONG KONG, Aug 12 (Reuters) – Five Chinese state-owned firms including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would delist from the New York Stock Exchange, amid heightened diplomatic and economic tensions with the United States. The companies, which also include Aluminium Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and … Read more

U.S. Attorney General Garland confirms FBI investigating Trump

U.S. Attorney General Merrick Garland speaks about the FBI’s search warrant served at former President Donald Trump’s Mar-a-Lago estate in Florida during a statement at the U.S. Justice Department in Washington, U.S., August 11, 2022. REUTERS/Evelyn Hockstein Read More WASHINGTON, Aug 11 (Reuters) – U.S. Attorney General Merrick Garland confirmed on Thursday that federal agents … Read more