All news by author: Reuters

Business • Views: 990
Ford is recalling more than 148,000 vehicles, including the F-150, due to issues with the brakes
Ford Motor is recalling over 148,000 vehicles in the United States through two separate recalls, according to the National Highway Traffic Safety Administration on Thursday
Business • Views: 738
Sources indicate that Elon Musk's SpaceX is leading the race to construct Trump’s ‘Golden Dome’ missile defense system
Elon Musk's SpaceX and two other partners have become leading contenders to secure a key component of President Donald Trump's "Golden Dome" missile defense shield, according to six individuals with knowledge of the situation
Business • Views: 426
OpenAI in discussions to purchase the AI coding tool Windsurf for approximately $3 billion: report
According to Bloomberg News, OpenAI is engaged in talks to acquire the AI-powered coding tool Windsurf for approximately $3 billion, as reported on Wednesday by a source with knowledge of the situation
Business • Views: 682
The US considers sanctions to prevent DeepSeek from acquiring American technology
The Trump administration is considering implementing sanctions that would prevent China's DeepSeek from acquiring U.S. technology and is discussing restricting Americans' access to its services, according to a report by the New York Times on Wednesday
Business • Views: 547
Shein, Temu to raise prices as expenses rise while under pressure from Trump’s trade policies
In letters to customers this week that mirror each other, both firms said they will be increasing prices starting April 25, and encouraged shoppers to purchase "now at today’s rates."
Business • Views: 802
Tesla’s quarterly registrations drop 15% in key California market amid Elon Musk backlash
Tesla's electric-vehicle registrations in California dropped 15.1% during the first quarter, industry data showed, signaling an accelerated decline and growing challenges for the Elon Musk-led automaker in its biggest U.S. market.
Business • Views: 674
Industry estimates suggest that US tariffs could result in losses exceeding $1 billion for chip equipment manufacturers
According to sources, each of the top three U.S. chip equipment manufacturers—Applied Materials, Lam Research, and KLA—might experience an annual loss of about $350 million due to the tariffs
US News • Views: 481
Trump declares tariffs on semiconductor chips in imported electronics
On Sunday, President Donald Trump stated that he would be revealing the tariff rate for imported semiconductors in the upcoming week and mentioned that there would be some leniency for certain companies within the industry
Business • Views: 495
Wholesale inflation unexpectedly drops in March as gas prices plunge
US producer prices notched their first monthly decline in nearly 1-1/2 years in March as gasoline prices plunged in the final month before US tariffs on imported goods kicked in, the Labor Department said Friday.
World News • Views: 788
EU pauses US tariffs for 90 days following Trump’s hold
The European Union will pause its first countermeasures against U.S. tariffs after President Trump temporarily lowered the hefty duties he had just imposed on dozens of countries, officials said.
Business • Views: 853
The Magnificent Seven sees a massive $1.5 trillion increase in value as Trump halts comprehensive tariffs
The "Magnificent Seven" stocks gained over $1.5 trillion in market capitalization on Wednesday following President Trump's decision to suspend his extensive tariffs for 90 days, relieving tension on tech giants that had taken a hit in recent trading periods
Business • Views: 871
Shares of US Steel plummeted after Trump stated he does not want the company to be sold to Japan's Nippon
On Wednesday, President Trump stated that he opposes the idea of US Steel going to Japan, indicating that he does not back Nippon Steel's attempt to acquire the American steel manufacturer
US News • Views: 663
US officials confirm that Kash Patel has been removed from his role as acting director of the ATF
US officials confirmed that Kash Patel was dismissed from his position as acting director of the Bureau of Alcohol, Tobacco, Firearms, and Explosives and that Army Secretary Daniel Driscoll took his place
Business • Views: 908
Will Trump tariffs cancel Christmas? Chinese makers of decorations report no orders
Chinese producers of plastic Christmas trees and other festive decorations say orders from US clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven't.
Business • Views: 798
US consumers stockpile goods ahead of Trump’s new tariffs: ‘Preparing for the worst’
The Tax Foundation, a nonprofit research group, said the new levies will cost Americans $3.1 trillion over the next 10 years, amounting to a roughly $2,100 tax increase per household in 2025 alone.
Business • Views: 1161
US Steel shares surge 16% after Trump orders fresh review of Nippon Steel’s bid
President Trump on Monday directed a powerful US national security panel to take a fresh look at Nippon Steel's bid for US Steel to help determine if "further action" is appropriate, raising hopes for an elusive greenlight for the deal.
Business • Views: 470
Shinji Aoyama, a senior executive at Honda, was ousted following accusations of inappropriate behavior
Honda Motor announced on Monday that it has accepted the resignation of Executive Vice President Shinji Aoyama, following an accusation of inappropriate behavior at a social event held outside of work hours
Business • Views: 1027
Boeing settles lawsuits with two 737 MAX crash victims’ families on eve of trial
Planemaker Boeing settled lawsuits with the families of two victims killed in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX on the eve of trial, lawyers for the families said.
Business • Views: 1022
US stock futures tumble indicating another plummet on Wall Street after Trump’s tariffs
US stock futures opened sharply lower late on Sunday, suggesting a continuation of the two-day selloff that wiped trillions from equity values after the Trump administration's tariffs announcement.
Business • Views: 681
Prada is expected to decide on the Versace acquisition deal this week, according to a source
Italian luxury company Prada is expected to decide this week regarding a possible acquisition of its smaller competitor Versace, according to a source familiar with the situation, as discussions reach a concluding stage
World News • Views: 621
Two British parliament members refused entry to Israel, suspected of plans to ‘spread anti-Israel hatred’
Sky News, citing a statement from the Israeli immigration ministry, says that the detained parliamentarians are Labour MPs Yuan Yang and Abtisam Mohamed, who were rejected because they were suspected of plans to "document the activities of security forces and spread anti-Israel hatred."
World News • Views: 752
Italy cautions against retaliatory tariffs on the US, seeks flexibility on budget policies
Italian Economy Minister Giancarlo Giorgetti is aiming to ease tariff disputes with the United States
Business • Views: 829
The Treasury Secretary attributes the stock market drop to China's DeepSeek, stating it's "a Mag 7 issue, not a MAGA issue."
The decline in the stock market is more related to the introduction of China's DeepSeek artificial intelligence tool this year than to President Trump's policies, Treasury Secretary Scott Bessent stated in an interview released on Friday, showing little worry about the continuous downturn
Business • Views: 1160
Hailey Bieber explores sale of her makeup brand Rhode — and it could fetch $1B: report
Model Hailey Bieber is exploring a sale of her makeup brand Rhode that could be worth more than $1 billion, according to three people familiar with the matter.
World News • Views: 1094
Australia PM Anthony Albanese falls off stage during election campaign event
Australia’s Prime Minister Anthony Albanese appeared to fall off a stage on Thursday during a campaign event for May's national election, but quickly recovered and insisted he was "sweet" afterwards.