Colonial shipping at normal rates based on shipper nominations -spokeswoman
May 14 (Reuters) - The Colonial Pipeline is shipping at normal rates, based on nominations from shippers, a spokeswoman for the company said on Friday evening.The pipeline, which supplies about 45% of the fuel consumed by the U.S. East Coast, restarted on Thursday after a disruptive cyber attack shut the system for six days.
Peru election race tightens again as conservatives gain ground
LIMA (Reuters) – Peru’s polarized presidential election race is tightening further, an opinion poll showed on Friday, with socialist candidate Pedro Castillo’s lead being trimmed by right-wing opponent Keiko Fujimori just weeks before the June 6 ballot.Castillo, whose sudden ascendancy has sparked jitters among investors and copper miners, was shown with 42% of the vote in a Datum International poll, one point up since the last survey.
Migrant children kept overnight on US buses
The White House has vowed to investigate reports that migrant children were forced to remain on board buses overnight as they waited to be re-located away from the border.Biden press secretary Jen Psaki called it "outrageous" and vowed to probe "how we got to this point, how this possibly happened".
Exxon says it will restart gas compressor at Guyana platform in June
(Reuters) - Exxon Mobil Corp said on Friday it will reinstall a gas compressor at its Liza Destiny platform off Guyana's coast in June, after an equipment failure last month prompted the company to slash output.The company said in a statement that its Liza-1 project was currently producing between 100,000-110,000 barrels per day (bpd) while flaring less than 15,000 standard cubic feet per day.
Another Zoom summer? Firms rethink associate programs as COVID-19 restrictions lift
After being forced to hold their 2020 summer associate programs remotely due to the COVID-19 pandemic, several U.S. law firms are opening the door to having summer associates in the office this year.The shift back toward an in-person experience could intensify as virus case counts diminish and after the U.S. Centers for Disease Control and Prevention said Thursday that fully vaccinated people generally don't need to wear masks indoors or out, industry consultants told Reuters.
Factbox-How U.S. states and cities are responding to new federal mask guidance
WASHINGTON (Reuters) - The U.S. Centers for Disease Control and Prevention (CDC) said fully vaccinated people do not need to wear masks outdoors and can mostly avoid wearing them indoors.Here is a snapshot of how states and cities that set mask rules around America have responded.
Bernie Sanders condemns what he calls 'racist nationalism' from Israeli leader Benjamin Netanyahu while calling for an immediate ceasefire
In a New York Times essay, US Sen. Bernie Sanders called for an "evenhanded approach" to the Israel-Palestine conflict.Sanders said the debate over Israel's "right to defend itself" lacks context."[W]hy is the question almost never asked: 'What are the rights of the Palestinian people?'"
Earnings reports and the Fed will test the market rally in the week ahead
Key Points Heading into next week, investors will see whether the market can continue its rally after tech and some growth names steadied and inflation fears subsided Thursday and Friday.Big retailers, like Walmart and Home Depot, release earnings in the week ahead, and there is a batch of housing-related data.
U.S. tariff review considers commodity shortages, inflation -official
WASHINGTON (Reuters) - The Biden administration is weighing concerns about commodity shortages and inflation as it reviews trade tariff policy, the top White House economist said on Friday.Strong demand for consumer goods and other products in a U.S. economy still scarred by the coronavirus pandemic have led to shortages in commodities from lumber to computer chips.
Algiers police disperse protest after ministry warning
ALGIERS (Reuters) – Police dispersed a small protest in central Algiers on Friday and stopped other small groups of demonstrators from reaching the city centre after weekly rallies since February that usually draw thousands.It was unclear whether the small number of protesters who came out on Friday was due to Islam’s Eid al-Fitr holiday or tougher government rules announced on Sunday.
US capital running out of gas, even as Colonial Pipeline recovers
Servers of key pipline's hacker Darkside forced down, says security firm NEW YORK: The US capital was running out of gasoline on Friday even as the top US fuel pipeline ramped up deliveries following a cyberattack and Washington officials assured motorists that supplies would return to normal soon.
Biden appoints Neera Tanden, former pick for budget director, as senior adviser
WASHINGTON (Reuters) - President Joe Biden has appointed Neera Tanden, who withdrew from consideration to lead the White House Office of Management and Budget after strong opposition from Republicans, to be a senior adviser, the White House said on Friday.Tanden, a former adviser to President Barack Obama and former Secretary of State Hillary Clinton, has been serving as president of the Center for American Progress (CAP), a left-leaning think tank.
U.S. payments startup Marqeta reveals revenue doubling in IPO filing
(Reuters) -Payment card issuer Marqeta Inc revealed that its revenue doubled in 2020 in its initial public offering (IPO) filing with U.S. securities regulators made public on Friday.A pandemic-induced boom in online shopping and food delivery payments from homebound customers helped the U.S. company's revenue double to $290.3 million in 2020.
UPDATE 1-S&P affirms Israel's credit rating and outlook
(Adds background on vaccine rollouts, additional details from statement) May 14 (Reuters) - Global ratings agency S&P on Friday affirmed its long-term sovereign credit rating on Israel at "AA-/A-1+" and maintained its outlook at "stable".Despite security and political risks escalating sharply in the last few days, the combination of a very effective and swift COVID-19 vaccination campaign, strong technology sector performance and rising gas exports should still underpin the country's GDP growth of 5% in 2021, S&P said.
Former CBS CEO Les Moonves drops legal pursuit to get $120 million in severance pay
Key Points Les Moonves has dropped his legal pursuit of a $120 million severance package.Moonves left CBS in September 2018 amid sexual misconduct allegations.While at CBS, he was frequently one of the highest paid U.S. CEOs.Les Moonves, CEO, CBS Mike Blake | Reuters Former CBS CEO Les Moonves, who left the media company in 2018 amid sexual harassment and assault allegations, has dropped an attempt to claim a $120 million severance award.
S&P affirms Israel's credit rating at 'AA-/A-1+'
May 14 (Reuters) - Global ratings agency S&P on Friday affirmed its long-term sovereign credit rating on Israel at "AA-/A-1+" and maintained its outlook at "stable."The pandemic has markedly deteriorated Israel's public finances, but risks are likely to be mitigated by its favorable debt structure, alongside its credible monetary policy and strong balance of payments, S&P said in a note.
Mexico posts 2,880 new coronavirus cases, 258 more deaths
May 14 (Reuters) - Mexico registered 2,880 new coronavirus cases and 258 additional fatalities on Friday, according to health ministry data, bringing the overall tallies to 2,377,995 infections and 220,159 deaths.(Reporting by Laura Gottesdiener and Abraham Gonzalez; Editing by Daina Beth Solomon)
Associate of embattled U.S. Representative Matt Gaetz to cooperate with prosecutors
Jan Wolfe and Mark Hosenball WASHINGTON (Reuters) - A former Florida official central to the federal investigation into whether U.S. Representative Matt Gaetz committed sex trafficking of a minor will cooperate with investigators as part of a plea agreement, a court document submitted by prosecutors showed.The former official, Joel Greenberg here is set to plead guilty to crimes including sex-trafficking a minor - a relationship he described online as being a "sugar daddy" - and to introducing the minor to other adult men who engaged in sex acts with the minor in Greenberg's presence, court papers show.
IMF mission says Ghana economy rebounding
May 14 (Reuters) - A country mission of the International Monetary Fund said on Friday that Ghana has managed its COVID-19 outbreak very effectively and its economy is rebounding with the support of strong policies."Policy interventions in 2020 were also critical to safeguard livelihoods and paved the way for a faster rebound of economic activity," said Carlo Sdralevich, the mission head, in a statement following virtual meetings ended on May 12.