All news by author: Reuters

Lourenco Goncalves, the CEO of Cleveland-Cliffs, a steel manufacturing company that unsuccessfully attempted a $7 billion acquisition of US Steel in August 2023, joined at least nine conference calls to reassure investors that President Joe Biden would block the merger with Nippon Steel

Months before the deadly New Orleans vehicle attack on New Year’s Day, the city modeled scenarios for how an attacker could enter Bourbon Street at various intersections in a crew-cab Ford F-150 similar to the one used to kill 14 people and injure dozens more.

PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535 million investment program to black and Hispanic applicants, costing her millions of dollars.

The Transportation Department has imposed a $2 million penalty on JetBlue Airways for operating four chronically delayed flights on domestic routes.

Stocks of European and American liquor producers and breweries declined on Friday following the US surgeon general's recommendation for cancer warnings on alcoholic beverage labels

In the heart of Seoul, South Korea's presidential guards and military forces thwarted officials from arresting the impeached President Yoon Suk Yeol on Friday during a tense six-hour standoff inside Yoon's compound

Do Kwon, the South Korean crypto businessman responsible for two digital currencies that collectively lost about $40 billion in 2022, entered a plea of not guilty to US criminal fraud charges on Thursday, following his extradition from Montenegro earlier this week

Elon Musk's Tesla announced its first drop in yearly deliveries on Thursday, as the company delivered fewer electric vehicles than anticipated in the fourth quarter, with incentives not succeeding in increasing demand for its aging model lineup

The shooter, whom police identified as 45-year-old Aleksandar Martinovic, attempted to take his own life near his residence in the town of Cetinje after being trapped by officers

A federal judge in Connecticut declined to dismiss an ongoing lawsuit that accuses the former Nestle Waters North America of misleading consumers by labeling its Poland Spring bottled water as "spring water."

The National Highway Traffic Safety Administration said on Tuesday that Ford Motor would recall 20,484 hybrid crossover SUVs over battery concerns.

Wall Street lost ground on Tuesday as investors closed the book on a remarkable year for equities, during which the stock market was powered to record highs by the twin engines of the artificial-intelligence boom and the U.S. Federal Reserve's first interest rate cuts in three-and-a-half years.

The Corruption Investigation Office for High-ranking Officials (CIO) confirmed the Seoul Western District Court approved the warrant requested by investigators examining Yoon's short-lived imposition of martial law.

The unusual weakness occurred because stocks generally perform well in the final five trading days of December and the first couple of days in January, a trend known as the..

South Korean investigators have sought an arrest warrant for suspended President Yoon Suk Yeol over this month's short-lived imposition of martial law, an official said on Monday, the first time an incumbent president has faced such action.

Wall Street's festive spirit took a sudden downturn on Friday, as all three major indices fell in a widespread sell-off, impacting even tech and growth stocks that had propelled markets upward during most of the shortened trading week

Apple has requested to take part in Google's upcoming antitrust trial in the US concerning online search, asserting that it cannot depend on Google to defend the revenue-sharing deals that bring the iPhone manufacturer billions of dollars annually for setting Google as the default search engine on its Safari browser

Major banks and business groups sued the Federal Reserve on Tuesday, alleging the central bank's annual "stress tests" of Wall Street firms violate the law.

In New Mexico, the criminal case involving actor Alec Baldwin related to a deadly shooting on the set of his 2021 movie "Rust" concluded on Monday, as a prosecutor withdrew her appeal against the case's dismissal

Hikma's branded generic will compete with Teva Pharmaceuticals (TEVA.TA), opens new tab authorized generic of Victoza in the United States that was launched earlier this year.

The Biden administration declared on Monday a sudden trade inquiry into "legacy" semiconductors produced in China

US billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok's business model as part of a plan to bid for the Chinese-owned short-form video app, he told Reuters.

The Biden administration will announce its final Ukraine Security Assistance Initiative package, using up the remaining funds set aside to buy new weapons for Ukraine, according to reports.

Stocks surged to finish the trading week on Friday after two unremarkable sessions, as a lower-than-anticipated inflation report and remarks from Federal Reserve officials alleviated concerns about future interest rate movements

On Friday, Novo Nordisk announced underwhelming results from a late-stage trial of its promising new obesity medication, CagriSema, leading to a loss of up to $125 billion in its market valuation