Children at school among 162 dead in Indonesia quake

Children at school among 162 dead in Indonesia quake

Death toll from 5.6-magnitude earthquake expect to rise Dozens remain trapped in the rubble – officials President CIANJUR, Indonesia, Nov 22 (Reuters) – Children killed when their schools collapsed accounted for many of the 162 dead in an earthquake that devastated a town on Indonesia’s main island of Java, an official said on Tuesday, as … Read more

Musk’s all-nighters at Twitter raise concern for Tesla investors

Musk's all-nighters at Twitter raise concern for Tesla investors

SAN FRANCISCO, Nov 15 (Reuters) – In 2018, Elon Musk was working through the night and sleeping at Tesla Inc’s (TSLA.O) factories in California and Nevada as the company struggled to ramp up production of the Model 3. On Monday, Musk said he had worked through the night at Twitter’s San Francisco headquarters and would … Read more

Asia shares mixed on Fed warning, China hopes

Asia shares mixed on Fed warning, China hopes

https://tmsnrt.rs/2zpUAr4 Fed’s Waller plays down CPI as just one number Beijing lays out property support, COVID steps Biden to meet Xi at G20 meeting SYDNEY, Nov 14 (Reuters) – Asian share markets were mixed on Monday as a top US central banker warned investors against getting carried away over one inflation number, while Chinese stocks … Read more

EXCLUSIVE At least $1 billion of client funds missing at failed crypto firm FTX – sources

EXCLUSIVE At least $1 billion of client funds missing at failed crypto firm FTX – sources

FTX founder Bankman-Fried secretly moved $10 billion in funds to trading firm Alameda – sources Bankman-Fried showed spreadsheets to colleagues that revealed shift in funds to Alameda – sources Spreadsheets indicated between $1 billion and $2 billion in client money is unaccounted for – sources Executives set up book-keeping “back door” that thwarted red flags … Read more

US Senate control still a toss-up, Republicans inch toward House majority

US Senate control still a toss-up, Republicans inch toward House majority

PHOENIX, Nov 11 (Reuters) – Control of the US Senate hung in the balance on Friday as election workers in Arizona and Nevada tallied millions of thousands of uncounted ballots, a process officials in the two battleground states warn could drag on for days. Either Democrats or Republicans can capture a Senate majority by sweeping … Read more

Exclusive: Behind FTX’s fall, battling billionaires and a failed bid to save crypto

Exclusive: Behind FTX's fall, battling billionaires and a failed bid to save crypto

Nov 10 (Reuters) – (This story contains language some readers may find offensive in paragraph 2) On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message. “I’m sorry,” he told them. “I fucked up.” The reason for the mea culpa: His announcement half an hour earlier that … Read more

Republicans close in on US House majority, Senate still up for grabs

Republicans close in on US House majority, Senate still up for grabs

WASHINGTON, Nov 10 (Reuters) – Republicans were edging closer to securing a majority in the US House of Representatives early on Thursday, while control of the Senate hung in the balance, two days after Democrats staved off a Republican “red wave” in midterm elections. Republicans had captured at least 210 House seats, Edison Research projected, … Read more

Biden urges Republicans to work together as control of US Congress unclear

Biden urges Republicans to work together as control of US Congress unclear

Republicans still favored to win House Key races in both chambers too close to call Biden’s next two years at play ALPHARETTA, Ga./PHOENIX, Ariz., Nov 9 (Reuters) – Control of the US Senate hung in the balance on Wednesday as Republicans moved closer to securing a House majority, a day after Democrats outperformed expectations and … Read more

Republican senators win re-election in initial US midterm results

Republican senators win re-election in initial US midterm results

ALPHARETTA, Ga./PHOENIX, Ariz., Nov 8 (Reuters) – Several Republican senators easily won re-election on Tuesday in US midterm elections that could usher in an era of divided government and scale back President Joe Biden’s power in Washington. With polls closed in six states, the initial results would not alter the balance of power in the … Read more

Wall Street ends higher than investors eye US midterms

Wall Street ends higher than investors eye US midterms

Take-Two, Lyft slump on downbeat forecasts Amgen climbs on cholesterol drug data Indexes: S&P 500 +0.56%, Nasdaq +0.49%, Dow +1.02% Nov 8 (Reuters) – Wall Street ended higher on Tuesday during voting in midterm elections that will determine control of the US Congress, with investors betting on a political stalemate that could prevent major policy … Read more