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Lula asks Trump to lift 40% tariff on Brazilian imports

BRASILIA, Brazil (AP) — Brazilian President Luiz Inácio Lula da Silva asked U.S. President Donald Trump during a phone conversation Monday to lift the 40% tariff imposed by the U.S. government on Brazilian imports. The leaders spoke for 30 minutes, exchanged phone numbers, and Lula ...
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Stock indexes mostly climb with tech shares; euro, yen weaken on fiscal concerns

By Caroline Valetkevitch NEW YORK (Reuters) -Major stock indexes edged higher on Monday, with technology shares getting a boost after news that AMD signed an AI chip-supply deal with OpenAI, while the Japanese yen and euro weakened against the dollar after Japan’s ruling party elected a ...
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US says subsidies for rural airline to expire as soon as Sunday

WASHINGTON (Reuters) -The Trump administration said Monday that funds from a U.S. government program that subsidizes commercial air service to rural airports are set to expire as soon as Sunday because of an ongoing partial government shutdown. The U.S. Transportation Department said the subsidies in ...
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Air India’s midair emergency sparks new alarm over the safety of the Boeing Dreamliner

NEW DELHI (AP) — India’s leading body of pilots has asked the civil aviation regulator to inspect all Boeing 787 Dreamliners operating in the country for electrical issues after one of the planes abruptly deployed an emergency power system midair over the weekend. The device, ...
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Taylor Swift’s ‘The Life of a Showgirl’ breaks record, sells 2.7 million copies in U.S. on first day

NEW YORK (AP) — It’s the life of a saleswoman. Taylor Swift’s 12th studio album, “The Life of a Showgirl,” sold 2.7 million copies in traditional album sales — which include physical and digital formats — in its first day in the U.S. That’s ...
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FedEx finalizes leadership team of upcoming freight division spin-off with CFO appointment

(Reuters) -FedEx said on Monday it has appointed former company executive Marshall Witt as the finance chief of its freight trucking unit, effective October 15, completing the leadership team for the division that is set to spin off in June 2026. The parcel carrier had ...
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Heidrick & Struggles soars after $1.3 billion go-private deal

Shares of Heidrick & Struggles International surged 20% on Monday, after the executive search firm agreed to be taken private in a deal by a consortium of investors, including Advent International and Corvex Private Equity. The stock, which hit its highest level in more ...
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CBS buys The Free Press website, installs founder Bari Weiss as CBS News editor-in-chief

NEW YORK (AP) — Paramount said Monday that it has bought the commentary website The Free Press and installed its founder, Bari Weiss, as the editor-in-chief of CBS News, a newly created position. The announcement, while anticipated, is a bold move for the venerable ...
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Social Security Administrator Frank Bisignano is named to the newly created position of IRS CEO

WASHINGTON (AP) — Social Security Administration Commissioner Frank Bisignano was named to the newly created position of CEO of the IRS on Monday, making him the latest member of the Trump administration to be put in charge of multiple federal agencies. As IRS CEO, Bisignano ...
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Verizon names board member and former PayPal CEO Schulman to its top post

Verizon Communications is tapping the former CEO of PayPal to its top role, taking over the post from Hans Vestberg. Dan Schulman, who has served as a Verizon board member since 2018 and is its lead independent director, will become CEO of the New ...
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The Dubai chocolate craze is now about much more than bars

NEW YORK (AP) — Some flavor crazes flirt with us and fade. Others stay and make themselves at home. It’s too soon to tell for sure, but the Dubai chocolate movement seems to have put down roots and is spreading at a brisk clip. The ...
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Brokerages back Klarna’s growth story, flag higher costs

By Joel Jose (Reuters) -Brokerages are largely bullish on buy-now-pay-later (BNPL) lender Klarna as they begin coverage on Monday, though some warn that rising costs could pressure near-term profitability. Shares of the Swedish fintech are up 6.5% in early morning trading. Klarna made its long-awaited U.S. ...
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