| | | The Reuters Daily Briefing | Wednesday, November 16, 2022 by Linda Noakes | Hello Here's what you need to know. Trump could exploit a legal gray area to funnel millions into his 2024 bid, UK inflation hits a 41-year high, and how FTX's Bankman-Fried begged for a rescue
Make sense of how companies and governments are grappling with climate change at COP27. Sign up to the Reuters Sustainable Switch newsletter. | | | Today's biggest stories Donald Trump dances to music in front of his wife Melania Trump, after announcing that he will once again run for U.S. president , at his Mar-a-Lago estate in Palm Beach, Florida, November 15, 2022. REUTERS/Jonathan Ernst U.S. Donald Trump, who has mounted relentless attacks on the integrity of U.S. voting since his 2020 election defeat, launched a bid to regain the presidency in 2024, aiming to pre-empt potential Republican rivals. We look at how Trump could exploit a legal gray area to funnel millions into his bid.
Republicans were just one seat shy of securing a majority in the House of Representatives, a midterm victory that would usher in two years of divided government after Democrats retained control of the Senate. House Republican leader Kevin McCarthy is facing a high-wire act as he takes a step toward becoming speaker.
The Senate will hold an initial vote today on legislation to protect the right to same-sex marriage, spurred by concerns that a conservative Supreme Court could reverse its earlier decision that made it legal nationwide.
A Georgia law banning abortion after six weeks of pregnancy cannot be enforced, a state judge ruled, handing a victory to Planned Parenthood and other abortion rights groups that challenged the restriction when it took effect this summer.
A judge ruled a pandemic-era order used to expel hundreds of thousands of migrants to Mexico was unlawful, a decision that could have major implications for U.S. border management.
| BUSINESS A review of FTX documents and interviews with executives and investors provide the most comprehensive picture so far of how Sam Bankman-Fried became one of the world's richest men in just a couple of years, and then came crashing down. Read our special report on how the FTX founder begged for a rescue even as he revealed huge holes in the firm's books.
Target forecast a surprise drop in holiday-quarter sales, blaming surging inflation and "dramatic changes" in consumer behavior for a drop in demand for everything from toys to home furnishings. The big-box retailer's shares fell 14% in premarket trading.
Surging household energy bills and food prices pushed British inflation to a 41-year high, as finance minister Jeremy Hunt prepares to announce tax hikes and spending cuts to control price growth. Britain's lenders are seeking more data on the finances of potential and existing customers on the rising risk of borrowers struggling with their debts, credit data firm Experian said.
Elon Musk, known for his combative testimony, is set to take the stand in a Delaware court today to defend against claims that his $56 billion Tesla pay package was based on easy to achieve performance targets and influence with the board of directors.
Toyota rolled out a 2-liter plug-in version of its Prius, in an attempt to reboot the 25-year-old hybrid that was once at the cutting edge of low-emissions technology and appeal more widely to cost-conscious drivers.
Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York. Citigroup, HSBC, Mastercard and Wells Fargo are among the financial companies participating in the experiment.
| | | | | | | Video of the day Artemis test mission blasts off to the moon NASA's towering next-generation moon rocket blasted off from Florida on a crewless voyage inaugurating the U.S. space agency's Artemis exploration program 50 years after the final Apollo moon mission. | | Thanks for spending part of your day with us. | | | | | |