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Updated: 1 hour 37 min ago

New SpaceX jumbo rocket set for debut test launch in company milestone

Tue, 02/06/2018 - 5:35am
CAPE CANAVERAL, Fla. (Reuters) - A new SpaceX jumbo rocket in line to become the world's most powerful launch vehicle in operation was set for its highly anticipated debut test flight on Tuesday from Florida, carrying a Tesla Roadster as a mock payload.

Myanmar policeman who arrested Reuters reporters tells court he burned his notes

Tue, 02/06/2018 - 4:29am
YANGON (Reuters) - A Myanmar police officer who was part of the team that arrested two Reuters journalists in December told a court on Tuesday that he had burned the notes he made at the time, but gave no reason why he had done so.

Rolling world stock sell-off runs to $4 trillion

Tue, 02/06/2018 - 3:30am
LONDON (Reuters) - World stock markets nosedived for a fourth day running on Tuesday, having seen $4 trillion wiped off from what just eight days ago had been record high values.

Bitcoin slides below $6,000; half its value lost in 2018

Tue, 02/06/2018 - 2:26am
LONDON (Reuters) - Bitcoin slid another 13 percent to below $6,000 on Tuesday, bringing the world's best-known cryptocurrency's losses to more than half since the start of 2018.

Stocks crumble in vicious sell-off as 'goldilocks' trade unravels

Tue, 02/06/2018 - 12:45am
TOKYO (Reuters) - A rout in global equities deepened in Asia on Tuesday as inflation worries gripped financial markets, sending U.S. stock futures sinking further into the red after Wall Street suffered its biggest decline since 2011.

Reuters reporters arrested in Myanmar brought to court

Mon, 02/05/2018 - 10:10pm
YANGON (Reuters) - Two Reuters journalists accused of violating Myanmar's Official Secrets Act appeared in court on Tuesday, with prosecutors due to present more witnesses to determine whether they should be charged under the colonial-era law.

Bannon will not testify before House committee on Tuesday: sources

Mon, 02/05/2018 - 9:45pm
WASHINGTON (Reuters) - Former White House senior strategist Steve Bannon will not testify before the Intelligence Committee of the U.S. House of Representatives on Tuesday, two sources said on Monday, despite a subpoena requiring him to appear.

Shares routed as 'goldilocks' trade suddenly unwinds

Mon, 02/05/2018 - 9:30pm
TOKYO (Reuters) - Asian shares and U.S. stock futures sank on Tuesday, after Wall Street suffered its biggest decline since 2011 as investors' faith in factors underpinning a bull run in markets began to crumble.

Trump's lawyers want him to refuse Mueller interview request: NY Times

Mon, 02/05/2018 - 8:52pm
WASHINGTON (Reuters) - Several of U.S. President Donald Trump's lawyers have advised him not to sit down for an interview with a special counsel investigating possible collusion between Russia and the Trump campaign to influence the 2016 presidential election, the New York Times reported on Monday.

Wall Street plunges, S&P 500 erases 2018's gains

Mon, 02/05/2018 - 6:47pm
(Reuters) - U.S. stocks plunged in highly volatile trading on Monday, with both the S&P 500 and Dow Industrials indices slumping more than 4.0 percent, as the Dow notched its biggest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year.

Locked track switch blamed in fatal South Carolina Amtrak crash

Mon, 02/05/2018 - 6:17pm
(Reuters) - A locked track switch was blamed for the collision of an Amtrak passenger train with a freight train that killed two people and injured more than 100 in South Carolina on Sunday, raising questions about the delayed rollout of a system to prevent such crashes.

House committee votes to release Democrats Russia memo

Mon, 02/05/2018 - 6:13pm
WASHINGTON (Reuters) - A U.S. House of Representatives committee voted unanimously on Monday to approve the release of a memo that Democrats say will rebut a contentious Republican memo alleging FBI bias against President Donald Trump.

Reuters reporters arrested in Myanmar due to appear in court

Mon, 02/05/2018 - 5:37pm
YANGON (Reuters) - Two Reuters journalists accused of violating Myanmar's Official Secrets Act are due in court on Tuesday, when prosecutors will present more witnesses in the proceedings to determine whether they should be charged under the colonial-era law.

Congress grapples with immigration, averting funding fight

Mon, 02/05/2018 - 5:20pm
WASHINGTON (Reuters) - Legislation to help young "Dreamer" immigrants struggled to gain footing in the U.S. Congress on Monday, but there were no signs yet that failure to pass such a bill would trigger a rerun of January's three-day partial government shutdown.

Most Republicans believe FBI, Justice Dept. trying to 'delegitimize' Trump: Reuters/Ipsos poll

Mon, 02/05/2018 - 4:47pm
NEW YORK (Reuters) - Nearly three out of four Republicans believe the FBI and Justice Department are trying to undermine U.S. President Donald Trump, according to a Reuters/Ipsos poll released on Monday, a sharp turn for a party that has historically backed law enforcement agencies.

Super Bowl draws 103 million viewers, down 7 percent from 2017

Mon, 02/05/2018 - 3:59pm
(Reuters) - Sunday's historic Super Bowl victory by the Philadelphia Eagles averaged 103.4 million viewers on U.S. television network NBC, a 7 percent drop from last year's football championship game, according to Nielsen ratings data released on Monday.

Wall St. plunges, S&P 500 erases 2018's gains

Mon, 02/05/2018 - 3:44pm
(Reuters) - U.S. stocks plunged in highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points during the session, its biggest intraday decline in history, as investors grappled with rising bond yields and potentially firming inflation.

Senators urge Trump administration to resume Equifax probe

Mon, 02/05/2018 - 3:43pm
WASHINGTON (Reuters) - Democratic senators and consumer advocates on Monday urged the Trump administration to resume an investigation into how Equifax failed to protect the personal data of millions of consumers after Reuters reported that the head of the U.S. consumer watchdog has pulled back on the existing probe.

Congress grapples with immigration, steers to avert funding fight

Mon, 02/05/2018 - 3:24pm
WASHINGTON (Reuters) - Legislation to help young "Dreamer" immigrants struggled to gain footing in the U.S. Congress on Monday, but there were no signs yet that failure to pass such a bill would trigger a rerun of January's three-day partial government shutdown.

At car secrets trial, Uber decries 'conspiracy theory', Waymo says Uber cheats

Mon, 02/05/2018 - 3:10pm
SAN FRANCISCO (Reuters) - Uber [UBER.UL] was either a cheating competitor willing to break the law to win the race to develop self-driving cars, or the victim of an unproven conspiracy theory stitched together by its main rival, Waymo, jurors heard in opening statements of a trade secrets trial on Monday.

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