Iran’s Voters Elect Their First Reformist President in Two Decades
Fear of a hard-line alternative drove higher turnout for a candidate who pledged to rein in the morality police and resume nuclear talks.
The presumptive Republican U.S. presidential nominee will be speaking at the upcoming Bitcoin conference in Nashville, Tennessee, later this month, the conference organizer announced Wednesday. Earlier in the day, speculation of a Trump appearance increased as speakers told CoinDesk their slot was reassigned to make room for what an email described as “a very special guest.” Former President Trump will be speaking at 2 p.m. CT (19:00 UTC) for 30 minutes on the last day of the conference, which runs from July 25-27, a spokesman for the conference told CoinDesk.
Honeywell did not violate workplace anti-discrimination laws by firing a white engineer who refused to participate in mandatory diversity, equity and inclusion training after the Black Lives Matter movement began, a U.S. appeals court ruled on Wednesday. The 7th U.S. Circuit Court of Appeals in Chicago found no proof that Honeywell retaliated against Charles Vavra, after he complained a video he was supposed to watch on preventing unconscious bias in the workplace contained racist content. In a 3-0 decision, the court said Vavra had no basis to reasonably believe the video violated Title VII of the federal Civil Rights Act or an Illinois human rights law, because he never watched the video in the first place.
Commissioner Caroline Crenshaw of the U.S. Securities and Exchange Commission (SEC) told senators on Thursday that rampant fraud in crypto markets left her unwilling to approve bitcoin exchange traded products earlier this year.
(Bloomberg) -- President Joe Biden said European allies are prepared to cut investment to China if it keeps up its support for Russia, offering a warning after NATO accused Beijing of enabling the invasion of Ukraine.Most Read from BloombergBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveStock Rotation Hits Megacaps on Bets Fed Will Cut: Markets WrapJill Bide
Toward the end of his closely watched news conference Thursday night on the sidelines of the NATO summit, President Joe Biden was talking about being examined by doctors for his mental acuity. Biden appeared determined and gave no indication that he doubted his ability to be the best candidate to take on Trump in the November general election.
Investors are looking at UK markets as a potential haven as political uncertainty rises in the U.S. and elsewhere in Europe, in what could mark a stunning turnaround for a country that appeared to have lost its traditional appeal to global capital. A landslide election victory for Britain's centre-left Labour government last week offers the prospect of predictable policy and improved trade with the European Union to reboot an economy that has struggled since the 2016 Brexit vote. Meanwhile, parliamentary gridlock in debt-laden France has stirred memories of previous euro zone crises, and investors are scrambling to guess what former U.S. President Donald Trump regaining the White House might mean for markets.
"It's going to be a week of reckoning, and I mean a reckoning of how people view inflation and the state of the economy," Fundstrat's Tom Lee said.
(Bloomberg) -- Key Republican lawmakers asked the Biden administration to prepare a formal intelligence community assessment of a budding partnership between Microsoft Corp. and Abu Dhabi AI firm G42, with a focus on the Emirati company’s ties to China. Most Read from BloombergBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveStock Rotation Hits Megacaps on Bet
BEIJING (Reuters) -China's exports grew at their fastest in fifteen months in June, suggesting manufacturers are front-loading orders ahead of tariffs expected from a growing number of trade partners, while imports unexpectedly shrank amid weak domestic demand. The mixed trade data keeps alive calls for further government stimulus as the $18.6 trillion economy struggles to get back on its feet. Analysts warn that the jury is still out on whether strong export sales in recent months can be sustained given major trade partners are becoming more protective.
The US Energy Department has revealed that it's awarding car and auto parts factories in eight states a total of $1.7 billion in funding, so that they can be retooled to build electric vehicles and their components.