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World markets feel the strain as US–Iran war grinds on

By Karin Strohecker and Dhara Ranasinghe LONDON, May 12 (Reuters) - From a rout in Asian currencies to the closure of a low budget U.S. airline, the dragging Middle East conflict is starting to bite across the globe and test ...
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How Keir Starmer could be replaced as UK prime minister after Labour suffers local election drubbing

LONDON (AP) - U.K. Prime Minister Keir Starmer is facing a battle for his job after his Labour Party suffered a calamitous set of results in local elections last week that if repeated at a general election would see ...
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Supreme Court temporarily extends women’s access to a widely used abortion pill

WASHINGTON (AP) - The Supreme Court is leaving women's access to a widely used abortion pill untouched until at least Thursday, while the justices consider whether to allow restrictions on the drug, mifepristone, to take effect. Justice Samuel Alito's order ...
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Small study shows one-time cell therapy can control HIV infection

By Deena Beasley May 11 (Reuters) - Re-engineering an HIV patient's own immune cells to find and destroy the virus succeeded in controlling the infection in a small first-in-human study, but researchers said work is needed to confirm the findings ...
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AI rally pauses as Middle East ceasefire goes on ‘life support’

SINGAPORE, May 12 (Reuters) - Oil crept higher and the dollar rose on Tuesday as hopes faded for a deal to get ships moving through the Strait of Hormuz, while a red-hot chip rally in chip stocks cooled and ...
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Fed chair nominee Warsh clears hurdle on path to Senate confirmation

By Nolan D. McCaskill May 11 (Reuters) - Kevin Warsh, U.S. President Donald Trump's pick to be the next chair of the Federal Reserve, on Monday cleared a key procedural hurdle in the Senate, moving him closer to Senate confirmation ...
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Prison health company YesCare lost 80% of revenue after malpractice verdict

By Dietrich Knauth May 11 (Reuters) - YesCare, which provides medical care to prisoners in nine U.S. states, has seen its revenue fall by 80% since being hit with a $307.5 million jury verdict over allegations of substandard medical care ...
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Steris forecasts 2027 profit above estimates, banks on procedure-driven demand

May 11 (Reuters) - Medical equipment maker Steris forecast fiscal 2027 profit above Wall Street expectations on Monday, betting on strong demand for its sterilization services despite narrowly missing estimates for fourth-quarter adjusted profit. For fiscal 2027, the company expects ...
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Xi-Trump summit may yield farm deal, but China has limited soybean appetite

By Ella Cao, Trevor Hunnicutt and Naveen Thukral BEIJING/SINGAPORE, May 12 (Reuters) - China and the United States may reach a farm deal at their summit this week that expands Beijing's purchases of grains and meat, but market watchers said ...
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US consumer inflation expected to have increased further in April amid Iran war

By Lucia Mutikani WASHINGTON, May 12 (Reuters) - U.S. consumer prices likely rose at a solid pace for a second straight month in April, which would result in the largest annual increase in inflation in more than 2-1/2 years and ...
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Democrats say Republican lawmaker must resign for agreeing with ‘cotton-picking’ remark

By Kanishka Singh WASHINGTON, May 11 (Reuters) - Republican U.S. Representative Jen Kiggans faced calls from Democrats to resign for agreeing with a radio host after he said Democratic lawmaker Hakeem Jeffries should get his "cotton-picking hands off of Virginia." Kiggans ...
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Missouri’s new US House map goes to court while Louisiana and South Carolina consider redistricting

Missouri's top court is hearing an important legal challenge Tuesday to one of President Donald Trump's earliest redistricting successes while lawmakers in Louisiana and South Carolina weigh whether to become the most recent Republican states to redraw U.S. House ...
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