Reuters

WASHINGTON (Reuters) - China has not responded to U.S. nuclear-weapons risk-reduction proposals and Washington has questions about Beijing's call for no-first-use talks while China continues to build up its arsenal, the top U.S. arms control official said on Wednesday.

Under Secretary of State Bonnie Jenkins told the Senate Foreign Relations Committee the U.S. estimates China currently has 500 operational nuclear warheads and will probably have more... (continue reading...)

By Lisa Richwine

(Reuters) - Walt Disney will cut its investment in programming for traditional television networks pretty dramatically as the company navigates the consumer shift to streaming, Chief Executive Bob Iger said on Wednesday.

Iger said linear channels such as ABC still serve as an important marketing tool and reach older viewers who are not watching series such as "Abbott Elementary" on Disney's streaming platforms.

(Reuters) - U.S. oil giant Exxon said on Wednesday proxy advisor Glass Lewis should recuse itself from making recommendations on its upcoming shareholder meeting due to "conflicts of interest."

The company said Glass Lewis is a member of the Interfaith Center on Corporate Responsibility (ICCR), which "has led the media opposition to ExxonMobil's decision to seek declaratory relief in court" related to a lawsuit.

The lawsuit filed earlier... (continue reading...)

WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo said on Wednesday that her department plans to issue proposed rules on Chinese connected vehicles this fall, citing national security risks to Americans' data.

Raimondo said last week the United States could take "extreme action" and ban Chinese connected vehicles or impose restrictions on them after the Biden administration in February launched a probe into whether Chinese vehicle imports... (continue reading...)

NEW YORK (Reuters) - The U.S. Southwest and Texas are at an increased risk of power supply shortfalls during times of peak demand this summer due to rising electricity consumption and supply constraints, the North American Electric Reliability Corporation said on Wednesday.

Parts of the Midwest and New England are also under elevated threat of inadequate power supplies in high electricity consumption periods this summer, while the U.S. Northwest and... (continue reading...)