World News

Washington state lawmaker under pressure to step down over ‘domestic terrorism’

By Daniel Trotta (Reuters) – Washington state Republican lawmakers urged one of their own to resign after a state report found that he engaged in “domestic terrorism” against the United States by participating in armed conflict through the right-wing militia movement. Representative Matt Shea was a leader in the Patriot Movement defying federal authority in […]

World News

Exclusive: U.S. talks with GM over deploying self-driving cars without steering wheels

By David Shepardson WASHINGTON (Reuters) – The U.S. National Highway Traffic Safety Administration is holding talks with General Motors Co <GM.N> on the automaker’s petition to deploy a limited number of self-driving vehicles on American roads without steering wheels or other human controls, the head of the agency said on Friday. Acting NHTSA Administrator James […]

World News

D.E. Shaw’s Orienteer strategy posts double-digit returns this year

BOSTON (Reuters) – D.E. Shaw’s Orienteer platform, the backbone of the $50 billion investment firm’s multi-asset class offerings, posted high double-digit returns this year, the best ever in its six year lifetime. The Orienteer platform’s HV variant gained 41.3% through November while the main Orienteer strategy gained 25.8% during the same time, a person familiar […]

World News

Argentina creates external debt unit, economy bill moves to Senate

By Walter Bianchi and Cassandra Garrison BUENOS AIRES (Reuters) – Argentina appointed a government team to kick off talks with creditors to renegotiate about $100 billion in sovereign debt as the new center-left administration of President Alberto Fernandez postponed payments on some of its short-term debt. The “external debt sustainability management unit” was created in […]