By Joshua McElwee ROME (Reuters) – Pope Francis is continuing his treatment for a respiratory infection in hospital, where he will remain for as long as necessary, a Vatican spokesman said on Saturday. “We will see how he reacts to treatment,” said Matteo Bruni, director of the Vatican’s press office. “I don’t have a precise…
By Luc Cohen and Tom Hals NEW YORK (Reuters) -A federal judge extended a block on Elon Musk’s government cost-cutting team from accessing payment systems at the U.S. Treasury Department on Friday, while another judge allowed the billionaire’s DOGE staffers to access records at health, labor and consumer financial protection agencies. Musk’s so-called Department of…
By Davide Barbuscia NEW YORK (Reuters) – Top asset manager BlackRock said on Friday it has changed the way Chairman and CEO Larry Fink will be compensated to reflect the company’s recent expansion into private markets, which Fink spearheaded last year. BlackRock, whose assets grew to $11.6 trillion last year, said in a U.S. Securities…
By Savyata Mishra (Reuters) -McDonald’s posted on Monday a surprise increase in its global comparable sales in the fourth quarter, aided by demand for its cheaper items and discounted offerings from diners in the Middle East, Japan and China. Shares of the burger chain rose nearly 5% in early U.S. trading, despite a bigger-than-expected drop…
By Yantoultra Ngui and Roushni Nair SINGAPORE (Reuters) -Shares of DBS soared to a record high on Monday after Singapore’s largest bank flagged an improvement in net interest income for 2025 and a dividend capital return plan, in line with a jump in fourth-quarter profit that met expectations. Southeast Asia’s largest bank by assets now…
By Tom Hals (Reuters) -The U.S. Justice Department sued the state of Illinois and city of Chicago on Thursday, accusing the Democratic strongholds of unlawfully interfering with Republican President Donald Trump’s crackdown on illegal immigration and seeking a court order blocking so-called sanctuary laws. Citing a national emergency regarding illegal immigration that Trump declared on…
By Rollo Ross and Jackie Luna LOS ANGELES (Reuters) -Raging wildfires surrounding Los Angeles spread to the Hollywood Hills on Wednesday, after other fires in the area killed at least five people, destroyed hundreds of homes and stretched firefighting resources and water supplies to the limit. More than 100,000 people were ordered to evacuate as…
GUAYAQUIL, Ecuador (Reuters) -Ecuador’s former Vice President Jorge Glas was returned to prison hours after he was temporarily evacuated for security reasons amid chaotic scenes inside the jail, the country’s prison authority said on Sunday. Earlier in the day, Glas’ lawyer, Sonia Gabriela Vera, said the former vice president had been evacuated from La Roca…
By Andrew Hay (Reuters) – A woman who died after being set on fire on the New York City subway earlier this month was identified as Debrina Kawam, 57, of Toms River, New Jersey, the New York medical examiner’s office said on Tuesday. Kawam was identified through fingerprint analysis and her death from thermal and…
By Michael Erman NEW YORK (Reuters) – Drugmakers plan to raise U.S. prices on at least 250 branded medications including Pfizer COVID-19 treatment Paxlovid, Bristol Myers Squibb’s cancer cell therapies and vaccines from France’s Sanofi at the start of 2025, according to data analyzed by healthcare research firm 3 Axis Advisors. Nearly all of the…