US targets Russian firms with sanctions over Kremlin-directed malign influence campaign

US targets Russian firms with sanctions over Kremlin-directed malign influence campaign

By Daphne Psaledakis WASHINGTON (Reuters) – The United States on Wednesday imposed sanctions on two people and two companies it accused of supporting disinformation efforts directed by the Russian government, the U.S. Treasury Department said, as Washington increases pressure on...
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Texas border enforcement law again blocked in legal whiplash

By Mica Rosenberg and Kristina Cooke (Reuters) -A Republican-backed Texas law that would empower law enforcement authorities in the state to arrest people suspected of illegally crossing the U.S.-Mexico border was blocked again late on Tuesday by a federal app...
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Mercedes Benz to recall 116,020 vehicles, US regulator says

(Reuters) – Mercedes Benz will recall 116,020 vehicles due to an improperly secured 48-volt ground connection, the U.S National Highway Traffic Safety Administration said on Wednesday. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sherry Jacob-...
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Stocks slip, US yields edge higher with data eyed

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stock markets edged lower and U.S. Treasury yields rose modestly on Wednesday, as investors looked to the next round of data on inflation and consumer health for clues on the...
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Dollar Tree misses holiday-quarter estimates, to shut nearly 1,000 stores

By Granth Vanaik and Anuja Bharat Mistry (Reuters) -Dollar Tree missed market expectations for holiday-quarter sales and profit on Wednesday and laid out plans to shutter 970 of its Family Dollar stores, as the retailer looks to revamp the struggling...
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Musk says ‘Deutschland rocks!’ after visit to arson-hit Tesla plant

BERLIN (Reuters) – Elon Musk on Wednesday visited Tesla’s European gigafactory in Gruenheide, Germany, where operations had resumed after an arson attack on a nearby electricity pylon last week led to a costly power outage that halted production. T...
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US FDA staff raises concerns over data from J&J, Bristol’s CAR-T therapies

(Reuters) -The U.S. Food and Drug Administration’s staff on Wednesday raised concerns that it was unclear if Johnson & Johnson and Bristol Myers Squibb’s cancer cell therapies would benefit blood cancer patients when given as early treatments. ...
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Wells Fargo pushes back Fed rate-cut expectation to June from May

(Reuters) -Wells Fargo on Wednesday joined major banks such as Morgan Stanley, Goldman Sachs and UBS Wealth Management in forecasting the first rate cut from the U.S. Federal Reserve in June. Wells Fargo, which had previously expected the cut in...
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Zara-owner Inditex shares rise to record high on spring season boost

By Corina Pons MADRID (Reuters) -Zara-owner Inditex’s shares rose to a record high after it reported positive early spring sales, boosted by upmarket fashions and continuing the strong momentum that saw its 2023 revenue growth top that of rival H&M.....
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