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Analysis-BYD and Tesla set to lose most from Mexico’s proposed tariffs on China

By Emily Green (Reuters) -Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico’s proposed 50 percent tariff on autos imported from China, triggering a likely blow to the fast-growing electric car market in Mexico while sparing the traditional “Big ...
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Agrichemicals firm Corteva explores splitting seed and pesticide units, WSJ reports

(Reuters) – U.S. agrichemicals firm Corteva is exploring a breakup that would separate its seed and pesticide businesses into two separate companies, the Wall Street Journal reported on Friday, citing people familiar with the matter. Separating its crop-seed unit from its ...
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Apple deepens its ties to a Kentucky plant that produces cover glass for iPhone and Apple Watch

HARRODSBURG, Ky. (AP) — Apple is putting its trust in a Kentucky plant singled out to become the exclusive producer of the cover glass meant to safeguard every iPhone and Apple Watch sold worldwide by the tech giant. Specialty glass maker Corning Inc. said Friday ...
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The EPA wants to end a requirement that large polluters report their greenhouse gas emissions

WASHINGTON (AP) — The Environmental Protection Agency on Friday proposed doing away with a program that has required large, mostly industrial polluters to report their planet-warming greenhouse gas emissions to the government. The program requires refineries, power plants, oil wells and landfills to report ...
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Bessent met with BlackRock’s Rieder as search for next Fed chair continues, source says

By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent met with BlackRock Inc executive Rick Rieder in New York on Friday, as the Trump administration continued its search for a new chair for the Federal Reserve, a source familiar with the matter said. Bessent has ...
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Georgia judge won’t award attorneys fees to governments in lawsuit over Rivian vehicle plant

ATLANTA (AP) — A judge has rejected an attempt by the state of Georgia and a local development agency to force people who unsuccessfully sued to block an electric vehicle plant to pay the government’s legal fees. State government and the development authority demanded that ...
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FanDuel agrees to pay Jaguars roughly $5M to offset losses from ex-employee’s theft, AP source says

JACKSONVILLE, Fla. (AP) — FanDuel has agreed to pay the Jacksonville Jaguars roughly $5 million to help offset the nearly $20 million that a former employee stole from the NFL franchise and deposited at the sportsbook, a person familiar with discussions said Friday. The person ...
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Sellers on Amazon, MercadoLibre face competitive barriers, Mexico watchdog rules

MEXICO CITY (Reuters) -An investigation into Mexico’s e-commerce market found that sellers on Amazon and MercadoLibre faced barriers to competition, the nation’s anti-trust watchdog Cofece said on Friday. However, the Cofece commission was unable to reach a consensus to order corrective measures against the ...
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Fed hawks and doves: what US central bankers are saying

By Ann Saphir (Reuters) -The Federal Reserve is expected to deliver its first interest-rate cut this year at its September 16-17 meeting, as it moves to counter a cooling labor market even as inflation remains above target. The anticipated quarter-point reduction may not satisfy President ...
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Amazon tests GM electric delivery vans in bid to meet climate goals, Bloomberg News reports

(Reuters) -Amazon.com has been testing General Motors’ BrightDrop electric van, as the e-commerce giant continues to explore options to reduce carbon emissions of its wide-spread delivery operation, Bloomberg News reported on Friday. The company has been testing about 12 vans, placing them among a fleet ...
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Union Pacific CEO says he had talks with Trump on $85 billion plan to buy Norfolk

By Sabrina Valle NEW YORK (Reuters) -Union Pacific Corp CEO Jim Vena met with U.S. President Donald Trump in the Oval Office to discuss the railroad’s proposed $85 billion buyout of Norfolk Southern Corp, the company said on Friday, as it awaits regulatory approval for ...
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Thales, Airbus, Leonardo eye initial agreement on 10 billion-euro satellite JV, sources say

By Amy-Jo Crowley, Tim Hepher and Mathieu Rosemain LONDON/PARIS (Reuters) -Europe’s aerospace groups Leonardo, Thales and Airbus have redoubled efforts to combine their satellite businesses into a 10 billion-euro ($11.7 billion) joint venture and are working towards hammering out an initial agreement in coming weeks, ...
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