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Analysis-Dollar rides into second half of 2026 on a ‘winner takes it all’ wave

By Amanda Cooper, Dhara Ranasinghe and Saqib Iqbal Ahmed LONDON/NEW YORK, June 26 (Reuters) - The dollar heads into the second half of 2026 on a high, thanks to bets for higher U.S. interest rates and an unquenchable thirst for U.S. assets from investors chasing ...
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Honda CEO apologises for company’s loss, wins investor backing at annual meeting

TOKYO, June 26 (Reuters) - Honda Motor Chief Executive Toshihiro Mibe secured support for his reappointment to the Japanese automaker's board at its annual meeting on Friday after apologising to shareholders for the company's poor financial performance. Honda is seeking to recover from costly strategic ...
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National pride meets breathable mesh: A look at the design of World Cup uniforms

BEAVERTON, Ore. (AP) - Heat. Moisture. National pride. These were top of mind as Nike designed its uniform kits for this year's World Cup, including for football powerhouses France and Brazil as well as the U.S. and Canada in their role as host nations. In a ...
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Hollywood gets into the microdrama race as mobile-first storytelling draws stars and major studios

LOS ANGELES (AP) - While much of Hollywood was consumed by the streaming wars, Issa Rae was studying a different mode of entertainment thousands of miles away: microdramas. No stranger to creating a successful online series, the Emmy-nominated actor and producer became intrigued by China's ...
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Former executive sues Meta over attempts to ‘silence’ her memoir, ‘Careless People’

A former Meta executive whose memoir, "Careless People," provides an explosive insider account of her time at the social media giant, has sued the company for attempting to "silence" her. The lawsuit, filed Thursday in federal court in Northern California, claims the tech giant's ...
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Always-on won: dealers fret about risks in landmark shift to 24-hour trading

By Cynthia Kim and Yena Park SEOUL, June 26 (Reuters) - Over an 18-year career trading currencies in Seoul, Namkoong Taehun was on the front lines of the collapse of Lehman Brothers, the post-Brexit plunge in the pound, and the won's dramatic tailspin after South ...
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Trading Day: Tech outlook is cloudy

By Jamie McGeever ORLANDO, Florida, June 25 (Reuters) - It was a day of modest reversals across currencies and commodities on Thursday, to varying degrees, as the dollar rally and oil slump paused for breath. Meanwhile, stocks in Europe and Asia rose, but megacap tech ...
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Top bankruptcy attorney Sprayregen to join US law firm Paul Weiss

By David Thomas June 25 (Reuters) - James Sprayregen, who over three decades built the restructuring practice of Kirkland & Ellis and turned it into the go-to law firm for distressed companies, is joining law firm Paul, Weiss, Rifkind, Wharton & Garrison, the firm said ...
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Clothing brand Reformation files for US IPO

June 25 (Reuters) - Clothing brand Reformation filed for an initial public offering in the United States on Thursday, an SEC filing showed. The U.S. IPO market has seen a resurgence in activity with a flurry of companies coming forward to list their shares to ...
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FedEx Freight forecasts up to 6% revenue growth for rest of 2026

June 25 (Reuters) - FedEx Freight said on Thursday it expects revenue for the seven months to December 31 to rise 4% to 6% and adjusted operating income to grow between 0.8% and 7.5%, weeks after completing its separation from parent FedEx Corp. Memphis-based FedEx ...
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Apple increases prices for Macs and iPads, blaming a shortage of memory chips

Apple on Thursday announced an increase in prices for Macs and iPads, citing a memory chip shortage brought on by the artificial intelligence boom. The Cupertino, California-based company called the demand spike an "unprecedented challenge" for the consumer electronics industry. "The rapid expansion of ...
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MLB proposes limiting most free agent contracts to 5 years and 15% of a team’s salary cap

Major League Baseball proposed limiting most free agent contracts to five years and 15% of a team's salary cap and to eliminate deferred compensation, fleshing out additional details of a salary cap plan likely to spark a confrontation with the players' association. During a bargaining ...
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