Cloudy 47°. Wind: E 4 mph.
Loading advertisement…
Trending: ‘The past gives comfort’: Finding refuge on analog islands amid deepening digital seas
HomeNewsNationalBusiness ( Page 686)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Wolfspeed files for bankruptcy protection to cut worsening debt, shares jump

(Reuters) -Wolfspeed said on Monday it has filed for Chapter 11 bankruptcy protection, as the chipmaker grapples with huge debt amid slowing demand from electric vehicle and industrial markets. Shares of the company — which makes chips using silicon carbide, a more energy-efficient material than ...
by

Todd Boehly-backed Accelerant files for US IPO

(Reuters) -Todd Boehly-backed insurance tech company Accelerant filed for an initial public offering in the United States on Monday. The move comes as the IPO market, which had been languishing amid economic uncertainty and elevated interest rates, is beginning to recover. Morgan Stanley, Goldman ...
by

Factbox-Where trade talks stand with major US partners ahead of tariffs-hike deadline

(Reuters) -Negotiators from more than a dozen major U.S. trading partners are rushing to reach agreements with U.S. President Donald Trump’s administration by a July 9 deadline to avoid import tariffs jumping to higher levels, and Trump and his team kept up the pressure ...
by

USDA announces phased reopening of Mexican cattle imports after screwworm closure

By Karl Plume CHICAGO (Reuters) -The U.S. Department of Agriculture announced on Monday a phased reopening of cattle, bison and equine imports from Mexico following a prolonged closure over the damaging pest New World screwworm. Ports will reopen in phases as early as July 7, beginning ...
by

Trump vents online about service provider after conference call marred by glitch

WASHINGTON (AP) — On Monday afternoon, the president of the United States was just another person complaining online about his service provider. Donald Trump wrote in a pair of posts on Truth Social that he was trying to hold a conference call with faith leaders ...
by

Elon Musk renews criticism of Trump spending bill, calls for new political party

(Reuters) -Billionaire Elon Musk reiterated his criticism of U.S. President Donald Trump’s spending legislation on Monday, arguing that it underscores the need for a new political party. The Tesla chief slammed the “insane spending” of the bill, particularly the measure that increases the debt ceiling ...
Loading advertisement…
by

Boeing appoints former Lockheed Martin CFO Jay Malave as new finance chief

(Reuters) -Boeing Co said on Monday it had appointed former Lockheed Martin executive Jesus ‘Jay’ Malave as the planemaker’s new CFO, effective Aug. 15. He will succeed Brian West, who will stay on in an advisory role, Boeing said. West joined Boeing in 2021 and ...
by

Trump signs an executive order ending US sanctions on Syria

WASHINGTON (AP) — President Donald Trump signed an executive order on Monday ending U.S. sanctions on Syria, following through on his promise to do so. White House press secretary Karoline Leavitt said the move was designed to “promote and support the country’s path to stability ...
by

European Central Bank head: Frequent shocks to economy make inflation more unpredictable

FRANKFURT, Germany (AP) — The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia’s invasion of Ukraine – and that policymakers need to take the possibility of such extreme scenarios into account ...
by

US brings charges in North Korean remote worker scheme that officials say funds weapons program

WASHINGTON (AP) — The Justice Department announced criminal charges Monday in connection with a scheme by North Korea to fund its weapons program through the salaries of remote information technology workers employed unwittingly by U.S. companies. The charges are part of what law enforcement officials ...
by

What’s in the latest version of Trump’s big bill moving through the Senate

WASHINGTON (AP) — Republicans are inching closer to getting their tax and spending cut bill through Congress with a final Senate vote likely late Monday or early Tuesday. At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other ...
by

US judge orders Argentina, facing $16.1 billion judgment, to give up YPF stake

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday ordered Argentina to give up its 51% stake in oil and gas company YPF to partially satisfy a $16.1 billion court judgment, handing a defeat to the cash-strapped country. U.S. District Judge Loretta Preska in ...
First Previous682683684685686687688689690Next Last