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MEXICO CITY (Reuters) -A body was found stuck in a barrier of buoys installed by Texas authorities in the Rio Grande river, which straddles the U.S.-Mexico border, Mexico’s foreign ministry said on Wednesday while expressing fresh safety concerns over the floating fence. Authorities are working to identify the body found in the river and determine the cause of death, according to a statement from Mexico’s foreign ministry. The crossing is […]

By Valerie Insinna (Reuters) – Spirit AeroSystems shares continued their downward spiral on Thursday, dropping another 4% a day after the aerospace manufacturer disclosed major costs associated with a recent strike and new labor agreement. Shares plunged 27% on Wednesday as executives detailed a laundry list of problems. The manufacturer of major components for all Boeing jetliners, reported a faster-than-expected cash burn rate and $105 million in losses on Boeing […]

By Helen Coster and Samrhitha Arunasalam (Reuters) -Warner Bros Discovery warned Thursday that the dual Hollywood strikes by writers and actors could hit its flagging studio business already bruised by high-profile box office flops including “The Flash.” The strikes have disrupted most of the production for the fall TV season and halted work on films as workers battle over pay in the streaming era. Toymaker Hasbro also flagged a hit […]

By Shubham Batra and Bansari Mayur Kamdar (Reuters) – The Dow and the S&P 500 slipped in choppy trading on Thursday as a jump in bonds yields, downbeat corporate earnings and a slew of economic data pointing to stubborn inflation kept investors on edge. Market participants have been keeping a close watch on data as they fear the Federal Reserve may stick to its rate-hike path if it fails to […]

KYIV, Ukraine (AP) — Russian shelling on Thursday damaged a landmark church in the southern city of Kherson that once held the remains of a renowned 18th-century Russian commander. Ukraine’s emergency service said four of its workers were wounded in a second round of shelling as they fought the fire at St. Catherine’s Cathedral. Four other people were wounded in the first shelling attack, which also hit a trolleybus, the […]

By Nate Raymond and Chris Prentice BOSTON (Reuters) -Massachusetts securities regulators have opened an investigation into the ways in which investment firms use artificial intelligence in their interactions with investors, citing concerns about the technology’s potential unchecked use.Massachusetts Secretary of State Bill Galvin, the state’s top securities regulator, on Thursday announced that his office had sent letters of inquiry to a number of firms using or developing AI for their […]

By Anne Kauranen and Essi Lehto HELSINKI (Reuters) – Finnish foreign and security policy think-tank chief Mika Aaltola, a political outsider whose profile has been boosted by his role as a TV commentator on the Ukraine war, said on Thursday he would run for president in NATO’s newest member. Finns will go to the polls on Jan. 28 next year to elect a president to replace Sauli Niinisto, 74, who […]

By Khushi Mandowara (Reuters) -Regeneron Pharmaceuticals expects a U.S. decision on a higher-dose version of its blockbuster eye disease drug Eylea in the third quarter, much earlier than market expectations, sending its shares up 5% on Thursday. The U.S. Food and Drug Administration declined to approve the higher-dose version in June following an inspection at third-party manufacturer Catalent. Regeneron said it has been submitting manufacturing data required by the FDA […]

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Thursday said it had obtained emergency relief to halt Utah-based Digital Licensing Inc’s crypto asset fraud scheme involving 18 defendants. The SEC obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing of Draper, Utah, doing business as “DEBT Box,” as well as the company’s four principals, the regulatory agency said on its website. (Reporting by […]