Reuters: Top News
|Exclusive: Tesla to close a dozen solar facilities in nine states - documents
LOS ANGELES/SAN FRANCISCO (Reuters) - Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees.
POSTED JUNE 21, 2018 9:12 PM
|OPEC reaches deal to raise oil output from July: source
VIENNA (Reuters) - OPEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source said.
POSTED JUNE 22, 2018 8:35 AM
|In age of Trump, evangelicals back self-styled top U.S. pimp
PAHRUMP, Nev. (Reuters) - He styles himself as America's best-known pimp, a strip-club owner who runs multiple brothels and looks set to win a seat as a Republican in the Nevada legislature with the blessing of many conservative Christian voters.
POSTED JUNE 22, 2018 8:21 AM
|Uber driver was streaming Hulu show just before self-driving car crash: police report
SAN FRANCISCO (Reuters) - Police in Tempe, Arizona said evidence showed the "safety" driver behind the wheel of a self-driving Uber was distracted and streaming a television show on her phone right up until about the time of a fatal accident in March, deeming the crash that rocked the nascent industry "entirely avoidable."
POSTED JUNE 22, 2018 7:54 AM
|Trade tremors set stocks up for worst week in three months
LONDON (Reuters) - World shares rose on Friday but were set to end in the red for a second week running amid intensifying worries over the fallout of a trade dispute resulting from U.S. tariffs, while oil prices rose with an OPEC meeting underway.
POSTED JUNE 22, 2018 8:28 AM
|Trump urges Republican lawmakers to drop immigration effort
WASHINGTON (Reuters) - U.S. President Donald Trump urged Republicans lawmakers on Friday to drop their efforts to pass comprehensive immigration legislation until after the November elections that he hopes will see more party members voted into Congress.
POSTED JUNE 22, 2018 7:45 AM
|Chinese media says U.S. has 'delusions' as impact of trade war spreads
BEIJING/SHANGHAI (Reuters) - U.S. protectionism is self-defeating and a "symptom of paranoid delusions" that must not distract China from its path to modernization, Chinese media said on Friday as Beijing kept up with its war of words with Washington while markets wilted.
POSTED JUNE 22, 2018 7:53 AM
|North and South Korea agree to round of reunions of divided families
SEOUL (Reuters) - Delegations from North and South Korea agreed on Friday to arrange the first reunions in three years of some of the families separated by the 1950-53 Korean War.
POSTED JUNE 22, 2018 8:00 AM
|'Roseanne' spinoff called 'The Conners' to air on ABC in fall
LOS ANGELES (Reuters) - U.S. broadcast network ABC said on Thursday it has ordered a 10-episode spinoff of comedy "Roseanne" that will air without any involvement of its creator Roseanne Barr, who sparked widespread outrage by tweeting a racial slur.
POSTED JUNE 21, 2018 9:13 PM
|Airbus says no-deal Brexit would threaten its role in UK
PARIS/LONDON (Reuters) - Airbus issued its strongest warning yet over the impact of Britain's departure from the European Union, saying a withdrawal without a deal would force it to reconsider its long-term position and put thousands of British jobs at risk.
POSTED JUNE 22, 2018 6:40 AM
News – Insurance Journal
|Alliant Employee Benefits Hires Phares in Virginia
Alliant Employee Benefits has hired Beth Phares as senior vice president. The Richmond, Va.-area consultant will work with clients throughout the Eastern region to deliver strategic employee benefits solutions that address both the physical and financial health of the organization. …
POSTED JUNE 22, 2018 12:56 PM
|Postmates Wins New York Ruling Finding Couriers Not Employees
Postmates Inc.’s couriers aren’t employees, a New York state appeals court ruled in a decision that will fuel debate about the status of workers in the gig economy. The appeals court panel in a 3-2 decision on Thursday said a …
POSTED JUNE 22, 2018 12:49 PM
|Willis Towers Watson Launches Update of ResQ Reserving Software
Willis Towers Watson has launched a new version of its loss-reserving software, ResQ. ResQ 4.1 provides property and casualty (P/C) insurers with new reporting capabilities to further advance the software’s technical capability, in response to clients’ increasing need for faster …
POSTED JUNE 22, 2018 11:37 AM
|U.S. Missing Out on ‘Huge Economic Opportunity’ of Climate Change Fight: Canada
Canada has an environmental message for Donald Trump: you can’t stop the global campaign against climate change and you will hurt the U.S. by abandoning the battle. Canadian Environment and Climate Change Minister Catherine McKenna said countries around the world …
POSTED JUNE 22, 2018 11:09 AM
|Flying Cars Soon to Be Tested in Germany
Germany, land of the no-holds-barred Autobahn, is pushing the next level of transportation: flying cars. Chancellor Angela Merkel’s government signed a letter of intent with executives from Volkswagen’s Audi unit and plane maker Airbus SE to test air taxis in …
POSTED JUNE 22, 2018 10:45 AM
|8 Passengers Sue Southwest Airlines, Manufacturers Over Engine Blowout
Eight passengers have sued Southwest Airlines Co. over a catastrophic engine blowout in April that killed a passenger and injured several others. The plaintiffs, eight passengers from Flight 1380 on April 17 and one passenger’s husband, filed suit on Tuesday …
POSTED JUNE 22, 2018 10:34 AM
|XL Catlin Launches Specialty Aviation Insurance in Mexico
XL Catlin announced the launch of specialty aviation insurance in Mexico. The new product suite will initially focus on general aviation hull and liability risks. With an established presence in Latin America and aviation teams in Brazil, the United States …
POSTED JUNE 22, 2018 10:32 AM
|Timeline: More Than $1 Billion in Cryptocurrency Thefts Since September 2012
Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, suffered a hack that saw about 35 billion won ($32 million) worth of coins stolen. The South …
POSTED JUNE 22, 2018 10:16 AM
|Florida Court Puts Hold On Smokable Medical Marijuana
A Florida circuit court has reinstated a stay on smoking medical marijuana. The state’s 1st District Court of Appeal has ruled that the hold will remain in effect “pending final disposition of the merits of (a recent) appeal.” The Department …
POSTED JUNE 22, 2018 4:39 AM
|Hurricane Irma Blamed for Worst Florida Citrus Crop Since 1940s
Florida’s citrus growers are blaming Hurricane Irma for one of their worst seasons in decades. In a Naples Daily News report, U.S. agriculture officials said Florida’s orange production dropped nearly 35 percent from the previous season. Grapefruit production was half …
POSTED JUNE 22, 2018 4:21 AM