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February 13, 2019
Reuters News Now
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Top News
Exclusive:Shi’ite Muslim paramilitaries that helped Iraqi forces drive the Sunni IS out of its last strongholds in Iraq have taken control of the thriving trade in scrap metal retrieved from the battlefield, according to scrap dealers and others familiar with the trade. They are taking scrap metal from devastated areas to turn a profit and lawmakers partly blame their business for the slow pace of rebuilding.
News of the conviction of Mexico’s legendary crime boss Joaquin “El Chapo” Guzmantraveled quickly to his home state, where people said they felt pain for a man some described as a fallen folk hero and community benefactor. Reaction in his native state of Sinaloa, home to remote mountain villages and sunny beaches along Mexico’s Pacific coast, ranged from lament to resignation that little will change now that Guzman is likely to spend the rest of his life behind bars. “Trafficking drugs will continue,” said Gildardo Velazquez in Cuiliacan, the state’s humid capital.
In his first State of the State address since taking office,California Governor Gavin Newsom took several swipes at President Trump, calling the Republican’s immigration policies “political theater” based on misrepresentations. In a wide-ranging speech, Newsom said he would scale back massive water and rail projects pushed by his predecessor and had assembled a team of lawyers to protect wildfire victims and ratepayers as utility PG&E enters bankruptcy proceedings.
The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group’s production cuts and U.S. sanctions on Venezuela and Iran, the International Energy Agency said in a report.
T-Mobile US Inc Chief Executive John Legere is set to defend his company’s $26 billion deal to buy rival wireless carrier Sprint in Congress, stressing the jobs it will create and how it will benefit the construction of the next generation of wireless networks.
In America’s corporate boardrooms, diversity is making uneven progress: Women increasingly are pulling up a chair while racial and ethnic minorities still rarely get seats at the table.
Carlos Ghosn’s chief defense attorney Motonari Otsuru resigned and was replaced by a team that includes hotshot lawyer Junichiro Hironaka, in a change of strategy from the ousted Nissan Motor chairman three months after his arrest.