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From Kennedy-Nixon to Trump-Biden: six decades of U.S. presidential debates May 16, 2024 03:36PM

(Reuters) - Democratic President Joe Biden and Republican former President Donald Trump plan to face off in a presidential debate on June 27 and another Sept. 10 ahead of a Nov. 5 election, part of a tradition marked by some of the most memorable moments of modern U.S. political history:

- 1960: The first televised debate pitted Democratic nominee John F. Kennedy against Republican Vice President Richard Nixon, who was recovering from a hospital visit... (continue reading...)


US proposes end to federal coal leasing in Wyoming Powder River Basin May 16, 2024 03:13PM

(Reuters) - The Biden administration on Thursday proposed an end to future coal leasing on federal lands in Montana and Wyoming's Powder River Basin, the nation's most productive coal-producing region, in part because of the sector's emissions that worsen climate change.

The two proposals from the U.S. Bureau of Land Management respond to a 2022 federal court order requiring the agency to analyze the climate and public health impacts of burning fossil... (continue reading...)


Figma valued at $12.5 billion in tender offer backed by Fidelity, others May 16, 2024 03:01PM

By Krystal Hu

(Reuters) - Cloud-based designer platform Figma is closing a deal to allow its employees and early investors to sell their stake to new and existing investors at a valuation of $12.5 billion, the company said on Thursday.

Figma, whose free online tool is used to create, share and test designs for websites, mobile apps and other digital products, has been seeking ways for employees to cash out on their stock options and... (continue reading...)


China's BYD postpones plans for 2025 Chile lithium cathode plant May 16, 2024 02:29PM

(This May 14 story is being republished with no changes to text)

MEXICO CITY (Reuters) - Chinese carmaker BYD Co has postponed plans to produce lithium cathodes for electric vehicle (EV) batteries in Chile by 2025, the firm's Americas head told Reuters on Tuesday.

Chile's economic development agency CORFO last year said production at a new plant to be developed by BYD was expected to begin around the end of 2025, representing a $290... (continue reading...)


G7 to back EU line on frozen Russian assets, Italian official says May 16, 2024 02:15PM

By Giuseppe Fonte and Gavin Jones

ROME (Reuters) -Finance ministers from the Group of Seven major democracies meeting in Italy next week will back a European Union plan to use the income from frozen Russian assets to help Ukraine's war effort, an Italian Treasury official said on Thursday.

Italy, which holds the rotating presidency of the G7, will also try to revive an international deal on how to share taxing rights on large corporations... (continue reading...)


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