Reuters World News Russian missile, Adani, school choice and Target’s woes
Nov 21, 2024
Russia's military escalates tensions with its first ICBM strike on Ukraine, prompting global concern. Meanwhile, Gautam Adani faces serious legal issues in the U.S., shaking the foundations of his vast business empire. Education reform takes center stage as Donald Trump advocates for expanded school choice, stirring debates over public funding. Finally, Target grapples with disappointing earnings, raising questions about holiday shopping trends this year.
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ICBM Launch
- Kyiv states Russia launched an ICBM at Ukraine, marking the first such use in the three-year war.
- This follows Ukraine's missile attacks on Russia, which Moscow had warned would be a major escalation.
Adani Indictment
- Indian billionaire Gautam Adani faces US indictment for a $265 million bribery scheme and fraud.
- Adani denies the charges, calling them baseless, and plans legal recourse.
Target's Earnings Dip
- Target's earnings fell short, impacting its stock price, due to consumers prioritizing essential spending.
- This highlights a shift in consumer behavior towards necessities over discretionary items.
