Court denies Elizabeth Holmes' request to remain free while appealing conviction
By Jody Godoy Theranos founder Elizabeth Holmes must begin serving her prison sentence while she appeals her conviction
2023-05-17 10:21
Jokowi Rallies Global South to Follow Commodities Refining Path
Indonesia is rallying developing countries to follow its footsteps in deriving more wealth from their natural resources by
2023-05-17 09:58
Argentina: VP Cristina Fernández says she won't run for president
Argentine Vice President Cristina Fernández made it official Tuesday that she will not be running for president again, putting the brakes on an effort by members of her party to push her to become a candidate in the October election. Fernández, who was president 2007-2015, made her decision public through a statement published on her website in which she slammed the judiciary, accusing the courts of trying to forbid her from running for office again as part of an alliance with the opposition. With her decision, the center-left Fernández throws the ruling Peronist party into disarray amid uncertainty over who could be its candidate in this year’s presidential elections. President Alberto Fernández, whose tenure has been marked by an ongoing economic crisis that has included a sharp devaluation of the local currency and annual inflation of more than 100%, already said last month he would not be seeking reelection. “I will not be a puppet of those in power for the sake of any candidacy. I have demonstrated, like no one else, that I prioritize the collective project over personal ambitions,” Cristina Fernández said. The 70-year-old vice president said she’s prevented from running for office by a prison sentence of six years and a lifelong ban from holding public office she received late last year as part of a case involving corruption through public works during her presidency. She has denied all charges and the ruling still has to be confirmed by higher courts before it becomes effective. “I will not engage in the perverse game they impose on us under the guise of democracy,” she wrote. Allies of the vice president have been pushing for her to run for the presidency and regularly chant “President Cristina” during her public appearances. Although Fernández, who is not related to current president Alberto Fernández, had already said she wouldn’t run for president, she often played coy in public speeches. The vice president published her statement days before allies had announced a big rally in downtown Buenos Aires on May 25, which is a national holiday in Argentina, to push her to run. With both the president and vice president out of the running, all eyes are now likely to set on Economy Minister Sergio Massa, a center-right Peronist who has long had presidential ambitions although his tenure in the office he took on last year has not gone as he hoped. Massa had said his goal was for monthly inflation to decelerate to 3% by April. Instead, it accelerated to 8.4%. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-05-17 08:29
An AI CEO Went to Washington and Asked for Rules: Key Takeaways
The Senate’s first major hearing on artificial intelligence covered everything from the lighthearted marvels of generative AI to
2023-05-17 06:27
Pfizer Sells $31 Billion of Bonds in Fourth-Largest Deal Ever
Pfizer Inc. sold $31 billion of debt in the fourth-largest US bond sale ever, according to a person
2023-05-17 05:26
Hertz apologizes after refusing rental to Puerto Rican
Hertz has apologized to a Puerto Rican customer after one of its employees refused to rent him a car he had paid for in advance because he did not show her his passport.
2023-05-17 05:21
Vice Media gets court sign-off for bankruptcy loan
By Dietrich Knauth NEW YORK Vice Media received court permission on Tuesday to borrow $5 million to fund
2023-05-17 04:18
Mexican president: 'No problem' if Grupo Mexico buys Citi's Banamex unit
By Brendan O'Boyle MEXICO CITY (Reuters) -Negotiations over the sale of Citigroup Inc's Mexican retail bank Citibanamex are "going really
2023-05-17 02:58
Yellen to meet with Jamie Dimon and other bank CEOs on Thursday as debt ceiling crisis looms
With time running out to reach a deal on the debt ceiling, Treasury Secretary Janet Yellen plans to meet with bank CEOs on Thursday afternoon in Washington, sources tell CNN.
2023-05-17 00:15
Elon Musk said he must approve all hiring decisions at Tesla
Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally approves them, according to a copy of the email seen by Reuters.
2023-05-16 22:53
US homebuilder sentiment rises to 10-month high in May
WASHINGTON U.S. homebuilder sentiment rose to a 10-month high in May as tight housing supply boosted demand for
2023-05-16 22:28
Mercedes plans new electric van platform, 20% cost cuts by mid-decade
By Nick Carey LONDON Mercedes-Benz's van unit said on Tuesday that it plans a new, scalable platform for
2023-05-16 20:55