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US to exempt UK pharmaceuticals and ingredients under trade deal

WASHINGTON, Dec 1 (Reuters) - The U.S. government on Monday said it will exempt U.K.-origin pharmaceuticals, pharmaceutical ingredients, and medical technology from current and future tariffs imposed under two U.S. laws as part of a negotiated agreement in principle. Under ...
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Sharpie maker Newell Brands to cut 900 jobs, take up to $90 million charges

Dec 1 (Reuters) - Newell Brands will cut 900 jobs, or 3.8% of its global workforce, and take up to $90 million in restructuring charges, the Sharpie maker said on Monday. The company will also close about 20 Yankee Candle ...
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Thyssenkrupp, workers agree on job cuts in steel division

Dec 1 (Reuters) - Thyssenkrupp Steel Europe said on Monday it had agreed with union IG Metall to cut or outsource about 11,000 jobs, or 40% of its workforce, and reduce production capacity to a shipping level of 8.7 ...
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Court disqualifies Trump ally Habba as top New Jersey federal prosecutor

By Andrew Goudsward WASHINGTON, Dec 1 (Reuters) - A federal appeals court determined on Monday that Alina Habba, a former personal lawyer to Donald Trump, was unlawfully appointed as the top federal prosecutor in New Jersey and disqualified her from ...
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US screened record 3.13 million airline passengers on Sunday

WASHINGTON, Dec 1 (Reuters) - The U.S. Transportation Security Administration said it screened 3.13 million airline passengers on Sunday, the highest number ever on a single day. The record travel coincided with the peak day of the Thanksgiving travel season ...
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Supreme Court hears billion-dollar battle over online piracy

(WASHINGTON) -- As billions of people worldwide use the internet to illegally stream or download copyrighted material like music, movies and TV shows, the entertainment industry is trying to crack down on American internet service providers for complicity in ...
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Luigi Mangione returns to court for pretrial hearing

(NEW YORK) -- One year after prosecutors say Luigi Mangione brazenly assassinated UnitedHealthcare CEO Brian Thompson in midtown Manhattan, the 27-year-old is due in court for a multi-day hearing that could determine the balance of evidence in his state ...
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JPMorgan doubles Swiss business by targeting wealthy clients

By Oliver Hirt ZURICH, Dec 1 (Reuters) - JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 as it targets the country's wealthiest people, a senior executive at the ...
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IAG’s Iberia extends flight Venezuela suspension through December

MADRID, Dec 1 (Reuters) - Spanish carrier Iberia on Monday extended the suspension of its flights to Venezuela until December 31, citing a recommendation from Spain's aviation safety agency AESA, as tensions between Caracas and Washington continue to roil ...
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BofA expects December Fed cut, two more in 2026

Dec 1 (Reuters) - BofA Global Research on Monday said it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, citing weak labor market conditions and recent comments from policymakers ...
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WHO backs use of GLP-1 therapies for obesity, warns access will remain limited

Dec 1 (Reuters) - The World Health Organization on Monday issued its first guideline on the use of GLP-1 therapies for obesity, conditionally recommending them as part of long-term treatment for the condition, which affects more than 1 billion ...
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What is mutual aid? And why are more people turning to informal efforts to help each other?

When major disruptions happen in communities, often the first people to respond are the residents themselves and their neighbors. When the pandemic shut down daily life or after a disaster like a hurricane or wildfire, people get together to ...
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