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WASHINGTON (Reuters) -The parent agency of Voice of America said on Friday it had issued termination notices to over 639 more staff, completing an 85% decrease in personnel since March and effectively spelling the end of a broadcasting network founded to counter Nazi propaganda. Kari Lake, senior advisor to the U.S. Agency for Global Media, …

Voice of America parent terminates over 600 more staff in likely death knell Read More »

By Trevor Hunnicutt and Jasper Ward WASHINGTON (Reuters) -U.S. President Donald Trump on Friday again floated the idea of firing Jerome Powell, the Federal Reserve chair he has long attacked over interest rates he wants lowered. “I don’t know why the Board doesn’t override (Powell),” Trump wrote in a lengthy post on Truth Social criticizing …

Trump says he may change his mind about firing Fed Chair Powell Read More »

By David Shepardson WASHINGTON (Reuters) -U.S. highway safety regulators are reviewing answers Tesla gave in response to the agency’s questions about the safety of its self-driving robotaxi in poor weather, the agency said on Friday, ahead of plans to deploy the vehicles as soon as this weekend. Tesla has sent invitations to a small group …

US auto safety agency reviewing Tesla answers on robotaxi deployment plans Read More »

By Jonathan Stempel (Reuters) -Walmart has agreed to pay $10 million to settle a U.S. Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its money transfer services to fleece consumers out of hundreds of millions of dollars. The settlement was filed on Friday in Chicago federal …

Walmart to pay $10 million to settle US FTC lawsuit over money transfer fraud Read More »

By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended lower on Friday, with investors on edge over the Iran-Israel conflict heading into the weekend, as the U.S. considers whether to get involved. Trading was choppy for much of the session. The S&P 500 also ended lower for the week, while the Nasdaq …

S&P 500, Nasdaq finish lower; investors uneasy about Middle East conflict Read More »

(Reuters) -Meta said on Friday it has teamed up with Oakley to release AI-powered smart glasses, expanding its push into wearable tech after the success of Ray-Ban Meta glasses. The social media company is expanding its partnership with Oakley and Ray-Ban-parent EssilorLuxottica amid growing consumer interest in AI-powered wearable devices. Meta has sold millions of …

Meta partners with sports eyewear brand Oakley to launch AI-powered glasses Read More »

(Reuters) -Federal Communications Commission chair Brendan Carr said on Friday he had ordered a review of the U.S. Cyber Trust Mark program over “potentially concerning ties to the government of China.” Carr said the review was being carried out by the FCC’s Council on National Security. He did not provide details. The review was earlier …

FCC orders review of ‘Cyber Trust Mark’ program over China ties Read More »

By Laura Matthews (Reuters) -The U.S. dollar rose to a three-week high against the safe-haven yen and gained ground on the Swiss franc on Friday amid signs tension in the Middle East is easing after Iran backed continued discussions with Europe on its conflict with Israel. Iran’s Foreign Minister Abbas Araqchi said Tehran backed further …

Dollar rises vs yen, Middle East conflict remains in focus Read More »