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By Andrew Goudsward WASHINGTON, Aug 20 (Reuters) – The FBI has raided a home belonging to former Democratic Representative Eric Swalwell, a prominent antagonist of President Donald Trump before he resigned from Congress, as part of an investigation into sexual misconduct claims against him, according to a source familiar with the investigation.  FBI agents seized electronic devices from Swalwell at the San Francisco International Airport and searched his home in Washington, D.C. […]

HONG KONG (AP) — China’s technology giant Alibaba on Thursday reported a 75% drop in profit for the latest quarter as it invested big in artificial intelligence infrastructure, even as revenue coming from its AI-related services gained 45%. The Hong Kong- and U.S.-listed company, which started out in e-commerce and online retail but is increasingly focused on AI technologies, said that its profit for April-June was at 10.5 billion yuan […]

LOMÉ, Togo (AP) — Two French documentary filmmakers and their Togolese fixer have been jailed in Togo after more than three weeks in custody in the West African nation, an advocacy group said Thursday, amid strained relations between the government and French media. Reporters Without Borders said that filmmakers Gaël Mocaër and Sebastian Perez Pezzani and fixer Fred Vedomey were placed in pretrial detention Monday and charged with making “false […]

PLYMOUTH, Mass. (AP) — Hundreds of Lindsay Clancy supporters, many wearing pink, gathered Thursday outside the courthouse where she is on trial in the killings of her three children. Several of the 300 women, and a few men, said Clancy’s story resonated with them and that they wanted to raise awareness about how the mental health system treats women. Clancy’s lawyer does not dispute that she killed the children, but […]

Aug 20 (Reuters) – Michigan health department has reported 14,277 cases linked to an outbreak of cyclosporiasis on Thursday, an increase of 368 cases since its last update a week earlier. The state, the worst affected by a multistate outbreak of the parasitic illness, has reported two related deaths, both occurring in individuals with significant underlying health conditions. (Reporting by Mariam Sunny in Bengaluru; Editing by Tasim Zahid) Brought to […]

Aug 20 (Reuters) – PGIM has struck an agreement to buy roughly $3 billion of loans from home improvement lender GreenSky, the asset management arm of Prudential Financial said on Thursday. Here are some more details: • The three-year agreement comes as PGIM focuses on scaling its asset-backed financing platform, a segment from where traditional banks have pulled back. • PGIM, which manages $1.5 trillion in assets across public and […]

Aug 20 (Reuters) – U.S. Treasury Secretary Scott Bessent said on Thursday that he would hold a press conference on Monday “to talk about exactly what we’re going to do” on Iran.  President Donald Trump on Wednesday warned of economic consequences against any country that provided “any type of lifeline to Iran” as the United States looks to resolve a war it began alongside Israel nearly six months ago. “I think oil […]

WASHINGTON (AP) — The national debt surpassed a record $40 trillion on Wednesday, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit make up an enormous share of federal spending. The milestone figure was recorded just five months after the U.S. hit a record $39 trillion debt in March. It reached $38 trillion five months before that, in October. Kush Desai, a White House […]

By Gwladys Fouche OSLO, Aug 20 (Reuters) – Norway expanded on Thursday a recently created military brigade headquartered in the Arctic, the latest move by a NATO nation to boost its defence footprint in the wake of the Ukraine war.  The NATO member established the Finnmark Brigade last year, forming the country’s second brigade and the first one set up since the end of the Cold War. Both brigades have […]