April 12 (Reuters) - The Iowa Supreme Court on Friday declined to suspend the law license of a former state prosecutor who allegedly made sexually explicit and derogatory comments while in office, including referring to judges as "bitches" to his employees. Instead, the state's high court opted to reprimand Reuben Neff, who was the former top prosecutor of Wapello County, finding that he made inappropriate comments in the workplace. Neff made remarks about criminal defendants being raped in prison, and sometimes called judges "bitches" and other derogatory nicknames if they...

NEW YORK, April 12 (Reuters) - Millennium Management, one of the world's largest hedge fund firms, was sued on Friday by rival Jane Street Group, which accused it of stealing a valuable in-house trading strategy after two traders defected. Jane Street said the traders Douglas Schadewald and Daniel Spottiswood had been "intimately" involved in developing the strategy before resigning separately to join Millennium in February. It said the theft became apparent when its profit from the strategy plunged more than 50% almost immediately after Schadewald left. Jane Street said it...

President Biden reelection campaign surrogate Rep. Mikie Sherrill (D-N.J.) bashed former President Trump on Friday for the implication that it wouldn’t be “appropriate” to go to Ukraine, arguing that Russian President Vladimir Putin “simply” doesn’t want him to. In a statement first obtained by The Hill, Sherrill, a former Navy helicopter pilot and Russian policy officer for the commander-in-chief of the Navy in Europe, argued Trump is too cowardly to visit the war-torn country. “Trump won’t go to Ukraine because, quite simply, Vladimir Putin doesn’t want him to. Donald Trump...

A transitional council tasked with choosing Haiti’s next prime minister and Cabinet has been formally established, as gangs continue to tighten their grip on the troubled Caribbean country. The existence of the council, announced in a decree published Friday in a Haitian government outlet, was expected to trigger the resignation of Prime Minister Ariel Henry, who promised to step down once the council was created. Henry did not immediately issue a comment following the publication of the decree. The council’s creation comes exactly a month after Caribbean leaders announced plans...

Demand issues and rising competition, both domestically and abroad, have weighed on Tesla in recent quarters. Shares of Elon Musk’s EV giant are now down more than 30% year-to-date, and 58% from their 2021 all-time high. And after reporting vehicle delivery numbers that were 13% below Wall Street’s consensus estimates earlier this month in what some analysts labeled a “nightmare” quarter, headwinds have become so severe for Tesla that even Wall Street’s most well-known bulls are starting to get nervous. Wedbush Securities tech analyst Dan Ives, who has been a...

BERLIN, April 12 (Reuters) - Germany warned its citizens to leave Iran, saying that there was a risk both of a sudden escalation in Tehran's existing tensions with Israel and that Germans might be at risk of arbitrary arrest in the country. "In the current tensions, especially between Israel and Iran, there is a risk of a sudden escalation," the Foreign Office wrote in a fresh travel warning issued on Friday. "It cannot be excluded that air, land and sea transport routes could be affected," it added. "German citizens are...

BEIJING, April 12 (Reuters) - China's defence minister told his Vietnam counterpart that China is willing to bring the strategic mutual trust between the two militaries to a new level, the ministry said in a statement on Friday.

The two militaries should make cooperation at sea a new bright spot, Chinese Defence Minister Dong Jun said during talks with Vietnamese Defence Minister Phan Van Giang at the border area between the two countries held April 11-12.

An old, satirical photo about horses and cyclists being allowed to travel in the emergency lane of major highways in Britain has resurfaced on social media and is being shared as if it is a real policy change. The picture, which shows a three-lane British motorway with a horse painted in the far-left breakdown lane, has been shared more than 100 times on Facebook. One of the posts says: “Horses to be allowed on motorway hard shoulders... starting today.” While some understood it to be an April Fools’ Day joke,...

FRANKFURT, April 12 (Reuters) - The euro zone economy is on course for a timid and patchy recovery, driven by increased spending but weighed down by lacklustre investment and labour demand, the bloc's biggest firms told the European Central Bank in a regular survey. The euro zone economy stagnated for the past six quarters and a separate survey on Friday predicted annual growth of just 0.5% this year, suggesting that it could take well into next year before growth returns to trend. "Contacts generally concurred with a baseline narrative of...