Today's Top News Story

Republican lawmakers storm hearing room, disrupt Trump impeachment inquiry

WASHINGTON (Reuters) - A U.S. House of Representatives impeachment inquiry devolved into chaos on Wednesday as Republican lawmakers, encouraged by President Donald Trump to get tougher in fighting Democratic efforts to impeach him over dealings with Ukraine, stormed into a high-security hearing room and delayed testimony by a witness. Read More

 

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Tesla shares soar 21% as surprise profit answers skeptics

(Reuters) - Tesla Inc on Wednesday surprised investors with a quarterly profit that sent its shares soaring, as Chief Executive Elon Musk promised a 2020 rollout of a cheaper SUV and more self-driving technology to stay ahead of larger rivals rushing into the premium electric vehicle market he created. More »

 

WeWork's new chairman defends payouts to founder, says company will survive

(Reuters) - WeWork's new Executive Chairman Marcelo Claure on Wednesday defended huge payouts to the office-sharing company's founder Adam Neumann and said there is now "zero risk of the company going bankrupt," according to an audio recording of a meeting he held with employees that was reviewed by Reuters. More »

 

J&J slashes third-quarter profit by $3 billion over proposed opioid deal

(Reuters) - Johnson & Johnson on Wednesday lowered its previously reported third-quarter profit by $3 billion to account for a proposed opioid settlement payment. More »

 

Asian shares edge up; investors anxious over earnings, Brexit

SYDNEY (Reuters) - Asian shares pulled ahead on Thursday with corporate earnings buffeting trading as investors remained anxious about the business impact of the Sino-U.S. trade war while Brexit uncertainties kept overall sentiment in check. More »

 

U.S.-China trade reprieve makes no dent on recession chances: Reuters poll

BENGALURU (Reuters) - The recent truce in the U.S.-China trade war is not an economic turning point and has done nothing to reduce a significant risk that the United States could slip into recession in the next two years, a Reuters poll of economists found. More »

 

Biden says Trump has no 'sense of empathy' for U.S. middle class

SCRANTON, Pa. (Reuters) - Democratic U.S. presidential contender Joe Biden attacked President Donald Trump's economic policies on Wednesday, telling voters in the electoral battleground state of Pennsylvania that the middle class is "in trouble." More »

 

Chile's response to Pinera's reforms: A strike and more protests

SANTIAGO (Reuters) - Students and state workers dispersed peacefully in cities across Chile late on Wednesday, following mass protests against inequality, even as President Sebastian Pinera pledged social reforms to try to quell days of rioting. More »

 

Russian police deploy in Syria's Kobani, Trump calls ceasefire 'permanent'

MOSCOW/ANKARA/WASHINGTON (Reuters) - Russian military police started to deploy on Syria's northeast border on Wednesday under a deal with Turkey to drive out Kurdish fighters, marking Moscow's deepening influence in the region two weeks after the United States pulled out forces. More »

 

Bolivia's Morales blasts opposition 'coup' as tensions build over vote count

LA PAZ (Reuters) - Bolivian leader Evo Morales, again claiming victory in the country's fraught presidential election, accused the opposition on Wednesday of trying to orchestrate a coup after anti-government protests that charged the vote counting was rigged. More »

 

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