Mar 03, 2023
Southern California braces for wind and rain after rare snowfall

By Pete Schroeder (Reuters) - After a rare snowfall dusted Los Angeles on Saturday, Southern California is bracing for a series of weak storms that will bring wind and rain this week to coastal areas while Northern and Central California…

Mar 02, 2023
New U.S. sanctions target Iranian petroleum, petrochemical trade

By Rami Ayyub WASHINGTON (Reuters) -The United States imposed sanctions on Thursday on firms it said had transported or sold Iranian petroleum or petrochemical products in violation of U.S. restrictions, including two companies based in China. The sanctions are part…

Mar 01, 2023
US stocks mostly decline, Treasuries dip as inflation worries linger

By Lawrence Delevingne and Nell Mackenzie (Reuters) -Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new inflation indicators from China, Germany and the U.S. hardened expectations that high interest rates would…

Feb 27, 2023
Explainer-Biden’s EV highway takes shape

By Jarrett Renshaw (Reuters) - Armed with billions of dollars, the Biden administration is embarking on the biggest transformation of the U.S. consumer driving landscape in generations, hoping to blanket the nation's highways with electric vehicle chargers. The goal is…

Feb 24, 2023
Walmart can’t beat fine over warehouse worker injury

By Daniel Wiessner (Reuters) - Walmart Inc must pay about $11,000 in fines for failing to prevent heavy boxes from falling 40 feet and seriously injuring an employee at a New York warehouse, the U.S. workplace safety regulator said on…