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Trump administration cites national security to halt US wind farm projects, FT reports

May 3 (Reuters) - President Donald Trump's administration has brought U.S. onshore wind development to a halt, citing national security concerns, the Financial Times reported on Sunday. Approvals for about 165 onshore wind projects on private lands are being held ...
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Recent inflation data was ‘bad news,’ Fed’s Goolsbee says 

By Howard Schneider WASHINGTON, May 2 (Reuters) - Inflation data last week was "bad news" for the U.S. Federal Reserve and means the Fed needs to be cautious about rate cuts until inflation begins to recede, Chicago Fed President Austan ...
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Berkshire shareholders like Greg Abel, but following Warren Buffett is tough

By Jonathan Stempel OMAHA, Nebraska, May 3 (Reuters) - Greg Abel earns wide praise from shareholders for his leadership and management abilities at Berkshire Hathaway, but the aura created by his predecessor and mentor Warren Buffett has begun to fade. Empty ...
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Berkshire shareholders reject report on workforce oversight, approve say-on-pay

By Jonathan Stempel OMAHA, Nebraska, May 2 (Reuters) - Berkshire Hathaway shareholders on Saturday overwhelmingly rejected a proposal to publish a report discussing how the conglomerate oversees its more than 387,000 employees at nearly 200 businesses. Shareholders also approved proposals backed ...
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Berkshire CEO Greg Abel says insurance becoming increasingly competitive

By Suzanne McGee and Jonathan Stempel NEW YORK/OMAHA, Nebraska, May 2 (Reuters) - Berkshire Hathaway reported improved first-quarter performance from the conglomerate's insurance businesses, but CEO Greg Abel told investors the sector faces competitive headwinds. "The reality is that ... as ...
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OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say

By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON, May 3 (Reuters) - OPEC+ is set to agree on Sunday a modest oil output hike, sources said, but the increase will remain largely on paper as long as the U.S.-Iran ...
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1 person dead after vehicle crashes into an Oregon health club, police say

PORTLAND, Ore. (AP) - One person is dead following a fiery crash at a health club early Saturday in Portland, Oregon, according to authorities who also said explosive devices - some of which had detonated - were found. Portland Police ...
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Motor racing-Miami F1 Grand Prix brought forward by three hours to beat storm threat

MIAMI, May 2 (Reuters) - Sunday's Miami Grand Prix will be brought forward by three hours to 1 p.m. (1700 GMT) in an attempt to avoid threatened thunderstorms in the area, Formula One said. The decision was taken after discussions ...
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Pickleball players killed in Texas plane crash included a school tennis star, trauma counselor

Five members of a pickleball club who died after the small plane carrying them crashed in Texas are being mourned by a tight-knit community of fellow players. The Texas Department of Public Safety confirmed Saturday that Justin Appling, Hayden Dillard, ...
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Abortion pill makers ask US Supreme Court to restore mail-order access

By Ismail Shakil May 2 (Reuters) - Two drugmakers have asked the U.S. Supreme Court to restore mail-order access to mifepristone, a move that would continue to allow women access to one of the most widely used abortion methods pending ...
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Fire breaks out in a lab building on a University of South Florida campus

ST. PETERSBURG, Fla. (AP) - A fire broke out Saturday evening at a lab building on the University of South Florida campus in St. Petersburg, prompting an evacuation, authorities said. The fire sent plumes of billowing gray smoke from the ...
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BUSINESS HEADLINES

Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal WASHINGTON (AP) - The head of the European Parliament trade committee calls President Donald Trump's tariff hike on European Union automobiles ...
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