Reuters US Business

By Curtis Williams (Reuters) – U.S. federal regulators on Wednesday gave Venture Global LNG permission to increase the export capacity of its Plaquemines, Louisiana, LNG plant. Regulators in a statement said they had approved the plant increasing production capacity to 27.2 million metric tons per year of the superchilled gas, up from 24 million tons. …

US regulators approve Venture Global increase in Plaquemines LNG capacity, exports Read More »

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the labor market remained on solid ground in February. There were no signs yet in the report from the Labor Department on Thursday of the mass layoffs of federal government workers and deep spending …

US labor market stable; hit from federal government belt tightening awaited Read More »

By David Shepardson WASHINGTON (Reuters) – President Donald Trump’s nominee to serve as deputy secretary of the U.S. Transportation Department said regulators need to take a more aggressive approach to overseeing planemaker Boeing. “We need to be tougher on Boeing. We need to be tougher on the industry,” said Steve Bradbury at a U.S. Senate …

US regulators ‘need to be tougher on Boeing’, Trump’s nominee says Read More »

By Suzanne McGee and Davide Barbuscia (Reuters) – Stubborn inflation and President Donald Trump’s hard-line trade policies have rekindled fears of stagflation, a worrying mix of sluggish growth and relentless inflation that haunted the U.S. in the 1970s, even as markets remain upbeat on his pro-growth agenda. The potential return of stagflation, which would pressure …

Analysis-‘Stagflation’ fears haunt US markets despite Trump’s pro-growth agenda Read More »

By Mrinalika Roy (Reuters) -Canadian miner Teck Resources said on Thursday U.S. President Donald Trump’s proposed tariffs on Canadian imports will not have any material impact on its business. “Our copper and zinc concentrate sales would not be impacted as we primarily sell to Asia and Europe and not into the U.S.,” CEO Jonathan Price …

Canada’s Teck sees no material impact from Trump tariffs Read More »

(Reuters) – Nvidia-backed Together AI said on Thursday it has raised $305 million in its latest funding round, which more than doubled the artificial-intelligence startup’s valuation from last year. The round, led by venture capital firm General Catalyst, valued the San Francisco, California-based company at $3.3 billion. Salesforce Ventures, chip giant Nvidia and Coatue also …

Together AI notches $3.3 billion valuation after General Catalyst-led fundraising Read More »

By Andrea Shalal WASHINGTON (Reuters) -European Union trade chief Maros Sefcovic said on Thursday that his top priority in trade talks with President Donald Trump’s administration is to avoid a period of economic pain for both sides from unilateral U.S. tariffs and EU countermeasures. Sefcovic, speaking to reporters after a four-hour meeting in Washington on …

EU trade chief says US shows willingness to work avoid tariff pain Read More »

SAO PAULO (Reuters) – Brazilian cosmetics maker Natura &Co is in exclusive talks with asset manager IG4 for the potential sale of Avon’s operations outside Latin America, it said on Thursday, sending its shares higher. Natura said in December it had resumed studies on what to do with its Avon business outside the region, including …

Brazil’s Natura &Co in talks with IG4 for potential Avon deal Read More »

(Reuters) – Goldman Sachs has appointed insiders William Connolly and Michael Voris as co-heads of equity capital markets (ECM) in the Americas, according to a memo seen by Reuters on Wednesday. The move comes at a time when Wall Street firms are vying to get more business in their ECM units by winning more mandates …

Goldman Sachs names insiders Connolly, Voris joint heads of Americas ECM unit, memo says Read More »