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A happy circumstance: Bob Ross paintings sell for more than $600K to help public TV stations

LOS ANGELES (AP) - Three paintings from famously chill public television legend Bob Ross sold Tuesday for more than $600,000 at auction. The paintings were the first of 30 Ross works being sold to benefit public TV stations hurt by cuts in federal funding. ...
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Australia’s MinRes to sell 30% lithium JV stake to POSCO for $765 million

(Reuters) -Australia's Mineral Resources will sell a 30% stake in its operational lithium business to South Korea's POSCO Holdings for $765 million after placing it under a new joint venture, the miner said on Wednesday. The new entity will hold MinRes' 50% ownership in the ...
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Mexico imposes 156% tariff on sugar imports

By Adriana Barrera MEXICO CITY (Reuters) -Mexico on Tuesday implemented a new tariff for sugar imports due to falling international prices and a risk of oversupply in the domestic market, according to the country's Official Gazette. The new tariff of 156% per kg applies to all ...
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US bank regulators move to finalize Treasuries-linked capital plan, Bloomberg News reports

(Reuters) -U.S. regulators have agreed on the terms to ease a set of capital requirements that could potentially allow banks to hold more Treasuries, Bloomberg News reported on Tuesday, citing people familiar with the matter. Officials from the Federal Reserve and other agencies recently submitted ...
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Saudi Arabia to host investment summit during bin Salman’s Washington visit, source says

By Trevor Hunnicutt WASHINGTON (Reuters) -Saudi Arabia is expected to host a U.S.-Saudi investment summit in Washington on November 19 during a visit by Crown Prince Mohammed bin Salman, according to a source familiar with the planning. Bin Salman will be in Washington to meet with ...
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Reopening government could avert recession, but risks remain, economists say

(WASHINGTON) -- The longest government shutdown in U.S. history could end as soon as Wednesday, ultimately putting hundreds of thousands of federal employees back to work, funding food stamps and smoothing out major travel disruptions.The reopening averts a recession that may have come to ...
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Trading Day: Tech, the lone cloud on sunny Wall Street

By Jamie McGeever ORLANDO, Florida (Reuters) -U.S. tech was the major outlier in an otherwise buoyant day for global stocks on Tuesday, as relief around the expected end of the U.S. government shutdown lifted the Dow to a record closing high and other indices to ...
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FDA names longtime cancer scientist Pazdur to lead drug center

WASHINGTON (AP) - The Food and Drug Administration on Tuesday named a longtime regulator of cancer medicines to lead the agency's drug center, replacing the former drug director who was recently ousted after an ethics complaint. Dr. Richard Pazdur, a 26-year veteran of the agency, ...
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Indigenous groups get the spotlight at UN climate talks, but some say visibility isn’t power

BELEM, Brazil (AP) - Indigenous people are used to adapting, so when the power failed at their kickoff event at this year's United Nations climate talks, they rolled with it. Participants from around the world sweated through song, dance and prayers, improvising without microphones ...
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Brazil caps fees, shortens payment terms in billion-dollar meal voucher market

BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva signed on Tuesday a decree seeking to lower intermediation costs in the country's multi-billion-real meal voucher market, which will cap card processor fees and shorten settlement periods. Meal and food vouchers move about 170 billion reais ...
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Paramount Skydance shares rise as Ellison’s bets get bolder

(Corrects day in paragraph 1 to Tuesday from Thursday) By Rashika Singh (Reuters) -Paramount Skydance shares rose 8% on Tuesday in a vote of investor confidence for new CEO David Ellison's pitch on remaking the storied media house for the streaming era. In its first set ...
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US lost jobs through late October, new private-sector data shows

WASHINGTON (Reuters) -U.S. firms were shedding more than 11,000 jobs a week through late October, payroll processor ADP said on Tuesday in its latest real-time estimate of job market trends. Though an ADP report last week estimated the U.S. overall added 42,000 jobs in October ...
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