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By Mrinmay Dey April 30 (Reuters) – The U.S. Securities and Exchange Commission on Thursday approved a proposal by Nasdaq’s options trading venue to list and trade a new class of stock market prediction instruments tied to a major index, according to a regulatory order. Several firms are increasingly seeking to enter the prediction markets space, which allows users to bet on the outcomes of real-world events as it gains […]

By Jasper Ward April 30 (Reuters) – Alaska Governor Mike Dunleavy on Thursday vetoed a major election reform bill, citing “significant operational burdens” and unspecified legal challenges.  The bill, at least a decade in the making, sought to allow absentee and other voters to track their ballot and see when it had been received and counted. It also sought to expand acceptable voter identification, modify voter roll maintenance, change the […]

By Daniel Wiessner April 30 (Reuters) – Five more U.S. states are joining an antitrust lawsuit challenging Nexstar’s acquisition of rival broadcaster Tegna after a ‌judge temporarily blocked the deal from proceeding, California’s attorney general said on Thursday. Attorney General Rob Bonta, a Democrat whose office joined seven other states in suing over the $6.2 billion deal in March, said Massachusetts, Vermont, and his Republican counterparts in Indiana, Kansas, and […]

By Daniel Trotta, Georgina McCartney and Shariq Khan CARLSBAD, California, April 30 (Reuters) – Motorists commemorating the centennial of U.S. Route 66 – a celebrated symbol of carefree road trips – were paying $6 a gallon for gasoline in California on Thursday, the highest price in two years and a brewing political flashpoint as elections loom. The Iran war has brought the worst-ever disruption to global oil supplies, driving up […]

By Wayne Cole SYDNEY, May 1 (Reuters) – Asian share markets rebounded in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan’s first yen-buying intervention in two years steadied the battered currency. Apple amplified the cheer by beating forecasts and providing an upbeat outlook for sales, though it did warn of chip supply constraints. Its shares rose 2.7% […]

VANCOUVER, British Columbia (AP) — An investment group has come forward to buy the Vancouver Whitecaps and relocate the Major League Soccer club to Las Vegas. The group is led by Grant Gustavson, grandson of B. Wayne Hughes, the founder of Public Storage. The Whitecaps were put up for sale 16 months ago, but no potential buyers had emerged publicly until Thursday. “In the coming weeks and months, we look […]

TACOMA, Wash. (AP) — Police in Tacoma, Washington, responded to a report of a possible stabbing at a high school to find four students and an adult security guard injured, authorities said Thursday. The suspect, a student, was in custody and also injured, said Shelbie Boyd, a spokesperson for the Tacoma Police Department. All those injured were taken to a hospital, including the suspect, she said. The Tacoma Fire Department […]

UNITED NATIONS (AP) — The U.N. Security Council voted Thursday to reduce the ceiling for the peacekeeping force in conflict-torn South Sudan from 17,000 to 12,000 troops with a mandate to prevent a return to civil war in the world’s newest nation. The vote on the U.S.-drafted resolution was 13-0 with Russia and China abstaining. It extends the mandate of the force until April 30, 2027. U.S. Ambassador Mike Waltz […]

By Dan Catchpole April 30 (Reuters) – The U.S. Air Force plans to buy five Boeing E-7A Wedgetail surveillance aircraft, in addition to two prototypes already under contract, Secretary of the Air Force Troy Meink told a House subcommittee on Thursday.  The future of the airborne early warning and control system aircraft (AWACS) was thrown into doubt last year when the Pentagon backed off plans to acquire 26 Boeing E-7As […]