All news by author: Reuters

President Trump said in an interview that he had found a buyer for the TikTok short-video app, which he described as a group of "very wealthy people" whose identities he will reveal in about two weeks.

Federal Reserve Chair Jerome Powell on Wednesday pushed back against reports the central bank was spending money excessively on renovations, saying that the almost 90-year-old headquarters "was not really safe," while acknowledging cost overruns.

McDonald's and doughnut manufacturer Krispy Kreme announced on Tuesday that they will terminate their partnership in the United States by July, as both companies faced challenges in handling the expenses related to the collaboration

Terren Peizer, 65, the founder and former chief executive of Ontrak, was sentenced by US District Judge Dale Fischer in Los Angeles. She also imposed a $5.25 million fine and forfeiture of more than $12.7 million of ill-gotten gains.

Home sales increased by 0.8% last month, reaching a seasonally adjusted annual rate of 4.03 million units, according to the National Association of Realtors on Monday. Economists surveyed by Reuters had predicted home resales would decline to a rate of 3.95 million units

Salvage experts winched Mike Lynch's sunken superyacht towards the surface on Friday, 10 months after it went down off the coast of Sicily, killing the British tech tycoon, his teenage daughter and five others.

Texas Instruments announced it will invest more than $60 billion to increase its manufacturing presence in the US, joining other chipmakers in boosting domestic production

Hasbro, the toy retailer, has reduced its global workforce by 3% as part of its recent effort to cut costs in light of increased US tariffs on toys imported from China

Mitsubishi Motors said on Tuesday it was hiking prices of US vehicles by 2.1% on average, the latest automaker to pass along cost increases to consumers as their expenses rise from the Trump administration's tariffs.

JetBlue Airways is considering new cost-cutting strategies, including cutting back on flights and grounding planes, as weak travel demand makes it "unlikely" to reach a breakeven operating margin in 2025, according to an internal memo reviewed by Reuters

On Tuesday, Israel's military announced that it had eliminated Ali Shadmani, whom it recognized as Iran's wartime chief of staff and described as the top military commander

President Donald Trump's administration is considering significantly expanding its travel restrictions by potentially banning citizens of 36 additional countries from entering the United States.

OpenAI executives have considered accusing their primary backer, Microsoft, of engaging in anticompetitive actions during their collaboration, according to a report by the Wall Street Journal on Monday, which referenced individuals familiar with the situation

Marines deployed to Los Angeles temporarily detained a civilian on Friday, the U.S. military confirmed after being presented with Reuters images.

U.S. prosecutors stated that Kris Bortnovsky, who co-founded Sakal Capital Management, made more than $4 million through unlawful trading following tips he got..

Airlines rerouted flights due to the closure of airspace over Iran, Iraq, and Jordan after Israeli airstrikes

Apollo Global Management and Irth Capital Management have contacted Papa John's International regarding a proposal to take the pizza company private, according to two individuals with knowledge of the situation on Wednesday

On Wednesday, Austrian officials were investigating to determine why a 21-year-old shooter opened fire on 10 individuals during an attack at his former high school before taking his own life, marking one of the most severe incidents of violence in the country's recent history

US and Chinese officials said on Tuesday they had agreed on a framework to get their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade tensions.

Japan's Nintendo said on Wednesday it had sold more than 3.5 million Switch 2 units in the first four days after its launch, making the console the company's fastest-selling gaming device to date.

Pharmacy chain Walgreens and reality star turned entrepreneur Kourtney Kardashian are among those picking over the remaining assets in Rite Aid's bankruptcy, according to two people familiar with the matter.

Meta Platforms has decided to acquire a 49% interest in the artificial intelligence company Scale AI for $14.8 billion, as reported by The Information on Tuesday, referencing two individuals with knowledge of the situation

Tom Bodett, famous for his radio and TV commercials in which he assures travelers that Motel 6 "will leave the light on for you," has filed a lawsuit against the motel chain. This action comes after their nearly 40-year relationship deteriorated, with Bodett alleging unauthorized use of his name and voice

Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday.

A Colombian senator who is also running for president was shot on Saturday in Bogotá, according to media reports from the government and his campaign