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Amazon has halted some data center leasing talks, Wells Fargo analysts say

(Reuters) -Amazon.com has paused some data center lease talks for its cloud division, particularly in overseas markets, suggesting a short-term slowdown in leasing for large-scale facilities, Wells Fargo analysts said on Monday. The move by the largest U.S. cloud company is the latest sign that ...
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Unilever threatens to pull funding from the Ben & Jerry’s Foundation, sources say

By Jessica DiNapoli NEW YORK (Reuters) -Unilever is threatening to halt funding to the Ben & Jerry’s Foundation, a U.S.-based nonprofit that makes donations to social justice organizations, sources familiar with the matter said.  Unilever is asking Ben & Jerry’s Foundation to agree to an expedited ...
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ADM closing soybean processing plant in Kershaw, South Carolina

By Karl Plume CHICAGO (Reuters) -Grains merchant Archer-Daniels-Midland will permanently close its soybean processing plant in Kershaw, South Carolina, later this spring as part of a cost-cutting and consolidation push announced earlier this year, the company confirmed to Reuters on Monday. ADM has been cutting jobs ...
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US finalizes tariffs on Southeast Asian solar imports

(Reuters) -U.S. trade officials finalized tariff levels on solar cells and panels from Southeast Asia, a key step toward wrapping up a year-old trade case brought by American manufacturers that accuse their overseas rivals of flooding the market with unfairly cheap goods. The decision comes ...
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Baker Tilly and Moss Adams set to merge in $7 billion deal, WSJ reports

(Reuters) – Accounting firms Baker Tilly and Moss Adams have agreed to merge in a $7 billion deal, making it one of the largest firms in an industry that is partly owned by private equity investors the Wall Street Journal ...
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Toyota, Daimler near merger of truck units, Nikkei Asia reports

(Reuters) -Toyota Motor unit Hino Motors and Mitsubishi Fuso Truck and Bus, a subsidiary of Germany’s Daimler Truck, are moving to finalize a merger agreement, Nikkei Asia reported on Tuesday. The two auto groups aim to establish a holding company for the truck units and ...
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FTC sues Uber, alleging it signed up Uber One subscribers without their permission

The U.S. Federal Trade Commission filed a lawsuit against Uber on Monday, alleging that it enrolled consumers in its Uber One subscription program without their consent and made it too difficult for them to cancel the service. Uber One members pay $9.99 per month or ...
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Student loans in default to be referred to debt collection, Education Department says

WASHINGTON (AP) — The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials said Monday. Currently, roughly 5.3 million borrowers are in default on their federal student loans. The ...
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US bank regulator lays out plans for 20% staff reduction, emails says

By Pete Schroeder WASHINGTON (Reuters) -A top U.S. bank regulator told staff on Monday that it plans to cut its workforce by roughly 20% as part of the Trump administration’s broader efforts to cull the federal workforce. The Federal Deposit Insurance Corporation told staff in an ...
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US stock indexes slide 3% as Trump harangues Powell

(Reuters) -Wall Street’s main indexes each slid to more than one-week lows on Monday after U.S. President Donald Trump doubled down on attacks against Federal Reserve Chair Jerome Powell, amplifying concerns about the central bank’s autonomy and rattling markets. Trump repeated his criticism of Powell, ...
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Chevron announces first oil at Ballymore project in US Gulf

By Sheila Dang HOUSTON (Reuters) – Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on Monday, bringing the company a step closer toward its goal of growing production from ...
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Wall St tumbles as Trump ramps up tirade against Fed’s Powell

By Stephen Culp NEW YORK (Reuters) -U.S. stocks suffered steep losses on Monday as U.S. President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, prompting investors to worry about the central bank’s independence even as they grapple with the effects of ...
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