Washington Financial News

By David Shepardson

By Lucia Mutikani

By Sakura Murakami, John Geddie and Steve Holland

By Patricia Zengerle

By David Shepardson

By David Shepardson

WASHINGTON (Reuters) — U.S. President Joe Biden will announce $175 million in additional Ukraine aid during remarks at 12 p.m. ET (1700 GMT) on Wednesday, a U.S. official said, while urging Congress to pass his national security funding request.

World Cup will be held next year and it is one of the final chances for Team India to get a look into the probable players before the World Cup. Team India will play the first T20I against South Africa on 10 December at Durban and the match will start at 9.30 pm IST.

FreedomWorks senior economist Steve Moore provides insight on the state of the economy on 'Making Money.'

WASHINGTON—During more than a dozen phone calls to discuss the war in Gaza between President Biden and Prime Minister Benjamin Netanyahu, a U.S. official, who has become increasingly involved in the administration’s handling of the conflict, was listening in: Vice President Kamala Harris.

Investing.com -- Markets are awaiting the release of more labor market data on Wednesday, as investors attempt to gauge if the Federal Reserve may soon start to retreat from a period of aggressive policy tightening. Elsewhere, Elon Musk's artificial intelligence start-up xAI looks to raise $1 billion from investors, while Nvidia (NASDAQ:NVDA) boss Jensen Huang says that the AI semiconductor manufacturer is working closely with the U.S. to develop chips that comply with Washington's curbs on exports to China.

By Steve Gorman and Helen Coster

By Scott Murdoch and Lewis Jackson

Israel, the State Department said Tuesday it will impose travel bans on extremist Jewish settlers implicated in a rash of recent attacks on Palestinians in the occupied West Bank. Secretary of State Antony Blinken announced the step after warning Israel last week that President Joe Biden's administration would be taking action over the attacks. Blinken did not announce individual visa bans, but department spokesman Matthew Miller said the bans would be implemented starting Tuesday and would cover «dozens» of settlers and their families, with more to come if the settler violence continued. He wouldn't give a number and refused to identify any of those targeted due to confidentiality reasons. The decision comes at a sensitive moment in U.S.-Israeli relations.

By David Shepardson

Security filings show the Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades

Emcure Pharmaceuticals on Tuesday got a temporary relief from a federal court in Seattle, Washington, against a nearly $950 million lawsuit by US-based HDT Bio accusing it of stealing trade secrets to develop a Covid-19 vaccine based on RNA platform. The US district judge James Robart upheld the Indian drug maker's argument that the court lacked jurisdiction over the company and dismissed the case without prejudice, which means it can be refiled. An Emcure Pharmaceuticals spokesperson told ET that the ruling «vindicates» its stand, and declined to comment further. HDT Bio sued Emcure Pharmaceuticals in March 2020, alleging the latter had misappropriated its trade secrets in violation of the Defense of Trade Secrets Act (DTSA) and the Washington Uniform Trade Secrets Act. On May 13, 2020, Emcure Pharmaceuticals moved the court to dismiss the case, arguing that the court lacked personal jurisdiction over it. Emcure Pharmaceuticals' subsidiary Gennova Biopharmaceuticals had developed mRNA Covid-19 vaccine, which was approved by the Indian regulator for emergency use. Gennova Biopharmaceuticals said its mRNA vaccine can be freeze dried and can be stored at higher temperatures which can solve logistics and pricing issues associated with mRNA vaccine. This major improvement in mRNA technology is called self-amplifying RNA (saRNA). But HDT Bio, with which Emcure Pharmaceuticals collaborated for formulation and adjuvant (which boosts the efficacy of the vaccine), alleged the latter had stolen trade secrets related to technology improvement over existing mRNA vaccines at the time.

Grey's Anatomy, has officially confirmed Ellen Pompeo's reprisal of her iconic role as Meredith Grey in the upcoming season 20. Pompeo's character departed for Boston in season 19, relocating with her children to prioritize their education. While it was initially uncertain how frequently Pompeo would revisit the series, the scheduling intricacies arising from industry strikes left fans in suspense. Now, with the premiere of season 20 on March 14, 2024, Allen sheds light on Pompeo's return in an Entertainment Tonight interview during the Kennedy Center Honors in Washington D.C.

WASHINGTON (Reuters) — Boeing (NYSE:BA) delivered 46 narrowbody 737s in November, sources familiar told Reuters on Tuesday.

WASHINGTON : US job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers, and boosting financial markets expectations the Federal Reserve's monetary policy tightening cycle was over. The Labor Department's Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday also showed that there were 1.34 vacancies for every unemployed person in October, the lowest since August 2021 and down from 1.47 in September. Fewer workers are resigning, which over time could help ease wage inflation.

WASHINGTON : The US State Department will impose visa bans against individuals involved in undermining peace, security or stability in the occupied West Bank, Secretary of State Antony Blinken said in a statement on Tuesday announcing a new visa restriction policy. The restrictions will target those who have committed acts of violence or taken other actions that restrict civilians' access to essential services and basic necessities and may also apply to those individuals' family members, Blinken said. President Joe Biden and other senior U.S.