Musk delivers first Tesla truck, but no update on output, pricing

Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric truck Semi uses existing Tesla motors, to feature new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated forecasts … Read more

US embassy latest target in spate of letter bombs in Spain

US embassy latest target in spate of letter bombs in Spain

First device sent to prime minister’s office on Nov. 24 Five similar letter bombs received on Wednesday and Thursday Ukraine embassy official slightly injured by one device, another found at US embassy Defense ministry, arms manufacturer, air base also targeted Spain’s Defense Minister says no attacks will stop Spain from helping Ukraine MADRID, Dec 1 … Read more

China mourns former leader Jiang Zemin with bouquets, black front pages

China mourns former leader Jiang Zemin with bouquets, black front pages

BEIJING/SHANGHAI, Dec 1 (Reuters) – Chinese newspapers turned their front pages black on Thursday and flags were put at half mast in mourning for the death of former president Jiang Zemin, while well-wishers ugly piles of bouquets outside his childhood home. Jiang died in his home city of Shanghai just after noon on Wednesday of … Read more

Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’

Sam Bankman-Fried says he 'didn't ever try to commit fraud'

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company’s collapse stunned investors and left creditors facing losses totaling billions of dollars. Speaking via video link at the New York Times’ … Read more

US appeals court rejects Biden’s bid to revive student debt plan

US appeals court rejects Biden's bid to revive student debt plan

Nov 30 (Reuters) – A federal appeals court on Wednesday declined to put on hold a Texas judge’s ruling that said President Joe Biden’s plan to cancel hundreds of billions of dollars in student loan debt was unlawful. The New Orleans-based 5th US Circuit Court of Appeals rejected the Biden administration’s request to pause a … Read more

US House Democrats elect Hakeem Jeffries as first Black party leader

US House Democrats elect Hakeem Jeffries as first Black party leader

WASHINGTON, Nov 30 (Reuters) – Hakeem Jeffries was unanimously elected on Wednesday to become the Democratic Party’s top leader in the US House of Representatives beginning in January, making him the first Black American to hold such a high-ranking position in Congress. The vote by Jeffries’ fellow Democrats also marked the rise of a younger … Read more

Letter bomb insults one at Ukraine’s Madrid embassy, ​​Kyiv ramps up security

Letter bomb insults one at Ukraine's Madrid embassy, ​​Kyiv ramps up security

MADRID/KYIV, Nov 30 (Reuters) – A security officer at Ukraine’s embassy in Madrid was injured when he opened a letter bomb addressed to the ambassador on Wednesday, prompting Kyiv to order greater security at all its representative offices abroad. The letter, which arrived by regular mail and was not scanned, caused “a very small wound” … Read more

US Senate passes same-sex marriage protection bill

US Senate passes same-sex marriage protection bill

WASHINGTON, Nov 29 (Reuters) – The US Senate passed a bill on Tuesday that would protect federal recognition of same-sex marriage, a measure taken up in response to worries the Supreme Court could overturn a 2015 decision that legalized it nationwide. The narrowly tailored bill, which would require the federal government to recognize a marriage … Read more

Oath Keepers founder guilty of sedition in US Capitol attack plot

Oath Keepers founder guilty of sedition in US Capitol attack plot

WASHINGTON, Nov 29 (Reuters) – Oath Keepers founder Stewart Rhodes, and another leader of the right-wing group, were found guilty on Tuesday of seditious conspiracy for the attack on the US Capitol by Donald Trump supporters, an important win for the Justice Department. The verdicts against Rhodes and four co-defendants, after three days of deliberations … Read more

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

Deal comes amid pressure from Chinese shareholder Analysts hail ‘sensitive’ transaction Bank could return deal proceeds to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its business in Canada to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion) in cash, paving the way for a potential bumper payout … Read more