Texas power grid faces summer having changed little from February freeze

June 24 (Reuters) – Texas’s grid operator frightened residents last week when it said it had very little reserves to cover demand spiking as temperatures soared. This summer could produce more scary times. In February, the Texas grid, run by the Electric Reliability Council of Texas (ERCOT), nearly collapsed from several days of frigid weather, … Read more

North Korea reports more deaths, says taking ‘swift action’ against COVID outbreak

SEOUL, May 15 (Reuters) – North Korea said on Sunday a total of 42 people had died as the country entered its fourth day of nationwide lockdown aimed at halting the first confirmed outbreak of COVID-19 in the impoverished country. North Korea’s admission on Thursday that it is battling an ‘explosive’ COVID-19 outbreak has raised … Read more

Prevalence of white supremacists in law enforcement demands drastic change

(Reuters) – At Reuters investigation on May 6 indicates that a significant number of US police instructors have ties to a constellation of armed right-wing militias and white supremacist hate groups, a report that adds to a fast-growing body of evidence showing a deadly threat inside US police departments. The analysis found that some of … Read more

Symptoms persist for two years for some; inflammatory protein models may provide long COVID clues

A medical worker prepares a syringe with a dose of the Johnson & Johnson coronavirus disease (COVID-19) vaccine during a visit by US Vice President Kamala Harris to a vaccination center in Chinatown, Chicago, Illinois, States United States, April 6, 2021. Picture taken April 6, 2021. REUTERS/Carlos Barria Join now for FREE unlimited access to … Read more

Stanford Law scraps all tuition for low-income students, joining Yale

The university logo is displayed at Stanford Stadium at Stanford University in Stanford, California, May 9, 2014. REUTERS/Beck Diefenbach Register now for FREE unlimited access to Reuters.com Register Students with family income below 150% of poverty line will be covered School to spend $3.1 mln more annually on enhanced financial aid (Reuters) – Stanford Law … Read more

Explainer: What are stablecoins, the asset rocking the cryptocurrency market?

Representations of cryptocurrencies including Bitcoin, Dash, Ethereum, Ripple and Litecoin are seen in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, May 12 (Reuters) – Most cryptocurrencies have a major problem with price volatility, but one sub-category of coins is designed to maintain a … Read more

Crypto meltdown deepens as stablecoin Tether drops below dollar peg

HONG KONG/LONDON, May 12 (Reuters) – The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in a sell-off across higher risk assets, which has picked up steam this … Read more

Explanation: Some patients reporting COVID rebounds after taking Pfizer pills

May 11 (Reuters) – More than 2.8 million courses from Pfizer Inc. (PFE.N) The COVID-19 oral antiviral treatment Paxlovid has been made available in pharmacies across the United States as the Biden administration works to improve access to the drug. As Paxlovid has become more widely used, some patients have reported that COVID-19 symptoms return … Read more

Chinese plane aborts takeoff and catches fire, causing minor injuries during evacuation

Rescue workers are seen at the site where a Tibet Airlines Airbus A319 plane caught fire after an aborted takeoff, at Chongqing Jiangbei International Airport in Chongqing, China May 12, 2022. cnsphoto via REUTERS Join now for FREE unlimited access to Reuters.com Register BEIJING, May 12 (Reuters) – China’s Tibet Airlines said all passengers and … Read more

Dollar hovers near 2-decade high as CPI keeps aggressive US rate hikes likely

A man counts US dollar banknotes at an exchange shop in Beirut, Lebanon March 18, 2022. REUTERS/Mohamed Azakir/Files Register now for FREE unlimited access to Reuters.com Register TOKYO, May 12 (Reuters) – The US dollar held near a two-decade high on Wednesday after US inflation moderated less than markets had expected, keeping the Federal Reserve … Read more