(Reuters) – Chinese e-commerce firm Pinduoduo posted a much wider-than-expected quarterly loss as it fought bigger rivals with heavy subsidies, driving its shares down by nearly a quarter and wiping almost $11 billion off its value on Wednesday. FILE PHOTO: The logo of Chinese online group discounter Pinduoduo is seen next to its mobile phone
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(Reuters) – One Detroit police officer was shot and killed and another was wounded on Wednesday while investigating a home invasion in the city’s westside, police said. A 17-year veteran of the police force was fatally shot in the neck with a high-powered rifle and the second officer was seriously wounded in the leg, police
ATLANTA (Reuters) – Democratic White House contenders united in supporting the impeachment inquiry against Republican President Donald Trump at a debate on Wednesday that featured differences on policy details but few of the bitter attacks on one another that marked earlier encounters. Senator Elizabeth Warren listens to former Vice President Joe Biden with Senator Bernie
(Reuters) – Two years after the #MeToo scandal first roiled Hollywood, causing dozens of powerful men to lose their jobs, a new group on Wednesday launched what it said was the largest-ever industry-wide survey aimed at countering sexual misconduct in the entertainment industry. The Hollywood Commission on Eliminating Sexual Harassment and Advancing Equality said the
LONDON (Reuters) – Britain’s Prince Andrew stepped down from public duties on Wednesday, saying the controversy surrounding his ill-judged association with late U.S. financier Jeffrey Epstein had caused major disruption to the royal family’s work. FILE PHOTO: Britain’s Prince Andrew, Duke of York visits the Royal National Orthopaedic Hospital to open the new Stanmore Building,
FILE PHOTO: U.S. Vice President Mike Pence attends a news conference at the U.S. Embassy in Ankara, Turkey, October 17, 2019. REUTERS/Huseyin Aldemir/ WASHINGTON (Reuters) – Vice President Mike Pence’s office, responding to testimony on Wednesday by U.S. Ambassador to the European Union Gordon Sondland, said the two men had not discussed tying the release
WASHINGTON (Reuters) – President Donald Trump, citing a portion of U.S. Ambassador to the European Union Gordon Sondland’s congressional testimony in a House impeachment inquiry on Wednesday, said it showed he wanted no “quid pro quo” with regard to Ukraine. U.S. President Donald Trump holds what appears to be a prepared statement and handwritten notes
(Reuters) – Jussie Smollett has filed a lawsuit accusing Chicago of maliciously prosecuting him after concluding the actor’s claim that he was the victim of a racist and homophobic beating on a city street was a hoax. FILE PHOTO: Actor Jussie Smollett arrives at the Leighton Criminal Court Building in Chicago, Illinois, U.S., March 14,
(Reuters) – Wall Street’s main indexes were lower on Wednesday on concerns that a “phase one” trade deal between Washington and Beijing may not be completed this year, and minutes from the Federal Reserve’s October policy meeting offered little help. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in
FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. REUTERS/Aly Song/File Photo (Reuters) – The U.S. government said on Wednesday it has begun issuing licenses for some companies to supply goods to China’s blacklisted telecommunications company Huawei Technologies Co Ltd. Companies began receiving
BANGKOK (Reuters) – Pope Francis arrived in Thailand on Wednesday to meet with its small but devoted Catholic minority on a seven-day Asian trip that will include a family reunion in Bangkok and take his anti-nuclear message to Japan. Pope Francis waves as he arrives in Bangkok, Thailand, November 20, 2019. REUTERS/Soe Zeya Tun Waiting
Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony in Beijing, China November 20, 2019. REUTERS/Jason Lee LONDON (Reuters) – Aston Martin, which has seen its share price plunge this year as sales failed to meet expectations after a stock market flotation, launched its first sport utility vehicle
(Reuters) – The U.S. Ambassador to the European Union, Gordon Sondland, will on Wednesday become the first witness with a direct line of communication to President Donald Trump to testify in public to the Democratic-led impeachment inquiry. FILE PHOTO: U.S. Ambassador to the EU Gordon Sondland poses ahead of a meeting with European Commission President
LONDON (Reuters) – A scheme for entrepreneurs founded by Prince Andrew has taken down the logos of its corporate sponsors from its website, as firms and charities distance themselves from the British royal over a sex scandal. Andrew, Queen Elizabeth’s second son, denies an allegation that he had sex with a 17-year-old girl procured for
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo WASHINGTON (Reuters) – The chairman of the U.S. National Transportation Safety Board (NTSB) on Tuesday criticized Uber Technologies Inc (UBER.N)
WASHINGTON/SAN FRANCISCO (Reuters) – Four top U.S. tech companies, Alphabet’s Google, Facebook, Amazon.com and Apple, responded to questions from a congressional committee by defending their practices and declining to answer some questions. FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. REUTERS/File Photos The House