Reuters

By Jarrett Renshaw

(Reuters) - President Joe Biden will address a large gathering of police officers on Wednesday as he tries to prevent rival Donald Trump from capturing high-profile endorsements from their unions in the coming weeks.

The speech at the National Peace Officers' Memorial Service, an annual event at the U.S. Capitol honoring slain officers across the country, offers Biden an opportunity to speak directly to law enforcement... (continue reading...)

By Jonathan Stempel

NEW YORK (Reuters) - Jurors could be seated as soon as Wednesday to determine whether Robert Menendez, New Jersey's senior senator, broke the law in what federal prosecutors called a years-long bribery scheme to benefit Egypt's and Qatar's governments, as well as himself.

The jury selection process will enter its third day in Manhattan federal court.

U.S. District Judge Sidney Stein said on Tuesday that a... (continue reading...)

(Reuters) - Shares of New York Community Bancorp rose nearly 5% in premarket trading on Wednesday, after the lender agreed to sell a portfolio of about $5 billion in mortgage warehouse loans to JPMorgan Chase.

The deal with the largest U.S. bank by assets, announced late on Tuesday, will bolster liquidity at NYCB, which is planning to invest the proceeds from the sale in cash and securities.

Earlier in May, the embattled bank laid out a... (continue reading...)

By Karen Freifeld

(Reuters) - U.S. legislation that would restrict business with China's BGI, WuXi AppTec and certain other biotech companies on national security grounds will be voted on by a committee in the House of Representatives on Wednesday.

If approved by the House Committee on Oversight and Accountability, the Biosecure Act would still need to be voted on by the full House and Senate before the president could sign it into law.... (continue reading...)

By Chris Kirkham, Hyunjoo Jin and Abhirup Roy

(Reuters) - The day before Elon Musk fired virtually all of Tesla’s electric-vehicle charging division last month, they had high hopes as charging chief Rebecca Tinucci went to meet with Musk about the network’s future, four former charging-network staffers told Reuters.

After Tinucci had cut between 15% and 20% of staffers two weeks earlier, part of much wider layoffs, they believed Musk... (continue reading...)