Tiger Woods struggles in PGA Championship opening round
The 15-times major winner belongs in the pantheon of greats but found little comfort at Valhalla Golf Course, where he struggled early after starting on the back nine. Read more
Latest Stories by Reuters
Walmart’s strong forecast sparks stock surge to record high
Some U.S. retailers in recent weeks have fanned concerns that consumer spending is waning, but behemoth Walmart is not one of them. Read more
FDA approves Amgen drug for small cell lung cancer
Patients in the study lived for a median of 14.3 months, compared with a typical survival rate of about five months. Read more
GameStop and AMC tumble as meme stocks rally deflates
Shares of the videogame retailer GameStop tumbled 30% to close at $27.67 after jumping as high as $64.83 on Tuesday. Read more
Justice Department unveils proposal to ease pot restrictions
The proposal, first announced in April, would reclassify cannabis from a so-called schedule one drug to a schedule three. Read more
Israel moves into Hamas stronghold, pounds Rafah without advancing
The slow progress of Israel’s offensive, more than seven months after it was prompted by Hamas’ deadly cross-border raid, highlighted the difficulty of achieving Prime Minister Benjamin Netanyahu’s aim of eradicating the militant group. Read more
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Texas governor pardons Uber driver in BLM protester killing
Daniel Perry was found guilty in April 2023 of murder in the shooting death of 28-year-old Garrett Foster, a U.S. Air Force veteran. Read more
U.S. blocks imports from 26 Chinese firms amid Uyghur labor concerns
The companies are the latest additions to the Uyghur Forced Labor Prevention Act Entity List. Read more
Dow tops 40,000, world stocks hit record amid rate cut hopes
U.S. jobless claims fell in the latest week and figures showed U.S. import prices increased 0.9% last month. Read more
Supreme Court upholds consumer finance watchdog’s funding mechanism
The 7-2 decision, authored by conservative Justice Clarence Thomas, reversed a lower court’s ruling that the CFPB’s funding design violated a provision of the U.S. Constitution. Read more
Trump’s lawyers cite Cohen’s insults to undercut his credibility
Cohen agreed that he had blamed others, including Trump, in the wake of his own criminal convictions on tax and campaign finance charges. Read more
Musk’s Neuralink faces long-standing wire problems, sources say
The FDA declined to comment on whether it was aware of the issue or its possible significance. Read more
Xi lauds China-Russia ties as Putin lands in Beijing
Chinese President Xi Jinping pledged to work with counterpart Vladimir Putin to “rejuvenate” their countries as the pair started a day of talks in Beijing, saying China would “always be a good partner” of Russia, according to Chinese state media. Read more
Japan’s economy skids, clouding BOJ’s rate hike plans
Japan’s economy fell faster than expected in the first quarter as the weak yen continued to batter consumers, throwing a fresh challenge to the central bank’s push to get interest rates further away from near zero. Read more
SoftBank Corp aims to help workers by ‘softening’ angry customer calls with AI
Dealing with irate customers can be extremely stressful for call centre workers but Japan’s SoftBank Corp thinks it has a solution: artificial intelligence-enabled software that softens the tone of customers’ voices. Read more
Israeli tanks push deeper into Rafah, battles rage in northern Gaza
Israel’s international allies and aid groups have repeatedly warned against a ground incursion into Rafah, where many Palestinians fled and Israel says four Hamas battalions are holed up. Israel says it must root out the remaining fighters. Read more
Jury chosen for U.S. Sen. Menendez’s corruption trial
Twelve jurors and six alternates were chosen, including an investment banker, a commercial litigator, a retired economist, a doctor, and multiple therapists. Jury selection took about 2-1/2 days, and more than 130 prospective jurors were excused. Read more
Netflix hits 40 million users for ad-supported plan
The jump comes at a time when streaming companies are facing stiff competition and introducing bundles with their rivals to retain subscribers. Read more
U.S. charges two brothers with novel $25M cryptocurrency heist
An indictment charged them with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. Read more
Spy chief: Foreign actors seek to influence U.S. elections
“Specifically, Russia remains the most active foreign threat to our elections,” Haines said. “The Russian government’s goals in such influence operations tend to include eroding trust in U.S. democratic institutions, exacerbating sociopolitical divisions in the United States, and degrading Western support to Ukraine.” Read more
U.S. military pier starts moving toward Gaza
The U.S. military opted to pre-assemble the maritime pier at Israeli port of Ashdod earlier this month due to weather conditions at the Gaza site where it will now be installed. Read more
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Israel moves into Hamas stronghold, pounds Rafah without advancing
Israeli tanks push deeper into Rafah, battles rage in northern Gaza
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Israeli defense chief challenges Netanyahu over Gaza plans
