Today in the News
US crypto industry lobby spending on track for new record in 2023
By Hannah Lang WASHINGTON (Reuters) - The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according to data provided to Reuters...
Eli Lilly obesity drug now available in US pharmacies
By Patrick Wingrove and Manas Mishra (Reuters) -Eli Lilly on Tuesday said its recently approved obesity treatment Zepbound is now available in U.S. pharmacies and could cost $550 a month for customers whose health insurance does not cover the drug, or half the list...
US to award $3 billion to Las Vegas high-speed rail project
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department is awarding $3 billion to a $12 billion Las Vegas to Southern California high-speed rail project that aims to be completed before the 2028 Los Angeles Olympics, according to a senator. "This...
El Salvador experiencing ‘alarming regression’ on human rights -report
SAN SALVADOR (Reuters) - El Salvador has seen "an alarming regression" of human rights protections during President Nayib Bukele's government, a trend that has intensified under a sweeping anti-gang crackdown, Amnesty International said in a report published on...
Alcohol taxes aren’t high enough, says World Health Organisation
LONDON (Reuters) - The World Health Organisation urged governments on Tuesday to increase taxes on alcoholic drinks and impose them on products that are currently exempt, such as wine in some European countries. Sugary beverages should also be taxed at higher rates,...
Biden approval near lowest level of his presidency-Reuters/Ipsos
By Jason Lange WASHINGTON (Reuters) - U.S. President Joe Biden's popularity was near its lowest level of his presidency this month, a sign of the challenges ahead for his re-election bid next year, according to a new Reuters/Ipsos poll. The three-day opinion poll,...
Facebook owner Meta faces $600 million lawsuit from Spanish media
By Inti Landauro MADRID (Reuters) -A group representing 83 Spanish media outlets has filed a 550 million euro ($600 million) lawsuit against Facebook owner Meta Platforms, citing unfair competition in the advertising market in a case that could be replicated across...
Wall Street ends down as megacaps give back gains
By Noel Randewich and Shristi Achar A (Reuters) - U.S. stocks ended lower on Monday, interrupting last week's rally, as investors turned cautious ahead of employment data due this week that could alter expectations that the Federal Reserve will cut interest rates...
Bitcoin rises above $42,000 for first time since April 2022
By Tom Wilson, Tom Westbrook and Chibuike Oguh LONDON/SINGAPORE/NEW YORK (Reuters) -Bitcoin rose on Monday, briefly surpassing $42,000 to reach a 20-month high, in a new surge of momentum fueled by U.S. interest rate cut expectations and traders betting that American...
US woman killed in shark attack in Bahamas
By Jasper Ward (Reuters) - An American woman died after she was attacked by a shark while paddle boarding in The Bahamas on Monday, police said. The woman, who was in her 40s and visiting from Boston, was with a male relative when the attack occurred near a resort in...