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Yellow diamond brooch resembling Queen Elizabeth's up for auction May 13, 2024 10:06AM

GENEVA (Reuters) - A golden-hued diamond brooch, similar to one worn by the late Queen Elizabeth, is expected to be sold for around $6 million at a Sotheby's auction in Geneva this week.

The "Allnatt" diamond, bearing the name of its first owner, a British sportsman, is a rare stone, fancy vivid yellow in colour and weighing 101.29 carats.

It was mounted by Cartier into a floral design strongly resembling Queen Elizabeth's Williamson Pink... (continue reading...)


Musk's SpaceX is quick to build in Texas, slow to pay its bills May 13, 2024 10:02AM

By Marisa Taylor and Steve Stecklow

(Reuters) - SpaceX is building launch facilities, office buildings and even a shopping center in rural Texas, as billionaire Elon Musk's space venture rapidly expands its rocket and satellite business across the Lone Star state.

But a Reuters review of Texas property records shows that SpaceX and its contractors can be far slower to pay builders and suppliers than they are to break ground. Unpaid bills... (continue reading...)


Fed to cut rates in September, say nearly two-thirds of economists: Reuters poll May 13, 2024 09:55AM

By Indradip Ghosh

BENGALURU (Reuters) - The U.S. Federal Reserve will cut its key interest rate twice this year, starting in September, according to a stronger majority of economists polled by Reuters who broadly raised their inflation forecasts for a second consecutive month.

Although Fed officials have reassured markets its next move will be a cut, insufficient progress bringing inflation down further alongside rising price expectations... (continue reading...)


King Charles hands military title to son William in rare joint appearance May 13, 2024 09:55AM

LONDON (Reuters) - Britain's King Charles handed over a senior military role to his son Prince William at a ceremony on Monday, marking a rare joint appearance for the pair as the king steps up his return to public duties after his cancer diagnosis.

Charles presented William with the title of Colonel-in-Chief of the Army Air Corps, a position the 75-year-old monarch held for 32 years, in front of an Apache helicopter, and watched by service personnel... (continue reading...)


Apple defeats union campaign at New Jersey retail store May 13, 2024 09:52AM

By Daniel Wiessner

(Reuters) - Apple employees at a New Jersey retail store have voted against joining a union, potentially stifling momentum for a push to organize the tech giant's workforce nationwide.

Workers at the store in Short Hills, New Jersey, voted 57-41 against joining the Communication Workers of America (CWA) union in an election that ended on Saturday, according to a tally from the National Labor Relations Board.

... (continue reading...)

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