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United and American compete to dominate Chicago’s O’Hare airport

By Rajesh Kumar Singh CHICAGO, Jan 16 (Reuters) - Chicago O'Hare International Airport, long a crossroads of U.S. air travel, has become the front line in an intensifying contest between United Airlines and American Airlines. What began as a post-pandemic rebuilding of flight schedules - with ...
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Poker-faced Powell may have ace up sleeve to stymie Trump’s Fed shakeup

WASHINGTON, Jan 16 (Reuters) - At 72, U.S. Federal Reserve Chair Jerome Powell has grandkids to play with, a golf game to get back to and a tune or two to master on the guitar. He also faces a choice: Whether to devote the next ...
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Amid ICE raids, some Home Depot investors want to know how law enforcement uses its surveillance data

By Arriana McLymore and Ross Kerber NEW YORK, Jan 16 (Reuters) - A group of Home Depot investors is asking the company to review its partnership with surveillance firm Flock Safety and state how its data is used and shared with law enforcement, following reports ...
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Some drugmakers quietly concerned about legal risk with speedy FDA review program

By Maggie Fick and Patrick Wingrove SAN FRANCISCO, Jan 16 (Reuters) - More than half a dozen major drugmakers are participating in the Trump administration's speedier review program for new medicines, yet other leading pharmaceutical companies are hesitating over what they see as potential legal ...
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Dollar poised for third weekly gain as buoyant data seen keeping Fed cuts at bay

By Rocky Swift TOKYO, Jan 16 (Reuters) - The dollar was poised for a third weekly gain on Friday after positive U.S. economic data lowered expectations for rate cuts by the Federal Reserve anytime soon. The greenback rose overnight on a surprise decline in weekly jobless ...
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White House says 25% semiconductor tariffs a ‘phase one’ action

WASHINGTON, Jan 15 (Reuters) - The U.S. Commerce Department's 25% national security tariff on certain high-end semiconductors announced on Wednesday is a "phase one" action to protect the sector and could be followed by other announcements pending negotiations with other countries and companies, a ...
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Brazil shuts down Sigma Lithium waste piles over safety concerns

By Fabio Teixeira RIO DE JANEIRO, Jan 15 (Reuters) - Brazil's Labor Ministry has shut down three waste piles at Sigma Lithium's flagship mine in the state of Minas Gerais, citing a "grave and imminent" risk to workers and the local community, according to documents ...
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Wall Street bankers shift focus to busy 2026 after cashing in on big deals

By Manya Saini, Tatiana Bautzer and Saeed Azhar Jan 15 (Reuters) - Wall Street's investment bankers expect to stay busy this year after reaping a windfall from big-ticket deals and stock market listings in 2025. Top U.S. banks reported stronger fourth-quarter profits this week, ...
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A community foundation raised $100 million after the LA fires. Here’s what they learned spending it

When fires broke out across Los Angeles on Jan. 7, 2025, Miguel Santana grasped the magnitude of the catastrophe befalling his hometown sooner than most - he flew over the blazes, twice. Climbing above the LA basin on his way to a meeting in ...
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Aimed at the growing number of young Chinese who live alone, a new app asks: ‘Are you dead?’

BEIJING (AP) - In China, the names of things are often either ornately poetic or jarringly direct. A new, wildly popular app among young Chinese people is definitively the latter. It's called, simply, "Are You Dead?" In a vast country whose young people are increasingly on ...
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Taiwan computer chip maker TSMC’s to expand investment as profit jumps 35%

HONG KONG (AP) - Taiwan-based TSMC, the world's largest computer chip maker, plans to increase its capital spending by as much as nearly 40% this year after it reported a 35% jump in its net profit for the latest quarter thanks to the boom ...
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ECB’s de Guindos: Fed cooperation is ‘business as usual’

Jan 15 (Reuters) - The European Central Bank's cooperation with the U.S. Federal Reserve will continue, ECB Vice-President Luis de Guindos told Politico in an interview published on Thursday, reaffirming support for the principle of central bank independence. De Guindos was asked whether, in the ...
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