Reuters US Business

By Brendan O’Boyle MEXICO CITY (Reuters) -Mexico’s government on Tuesday questioned the fairness of a 25% tariff ordered by U.S. President Donald Trump on its steel and aluminum imports, stressing that Mexico buys more steel from the U.S. than it exports to its northern neighbor. Mexican Economy Minister Marcelo Ebrard said the announced tariffs were …

Mexico questions Trump’s ‘unfair’ steel tariffs, highlights trade deficit Read More »

(Reuters) -Canada’s First Quantum said on Tuesday the final hearing for the Cobre Panama mine under the International Chamber of Commerce proceedings has been moved to February 2026 from September of the current year. The mine, one of the world’s top sources of copper, was shut down in November 2023, hours after Panama’s Supreme Court …

First Quantum’s final hearings on Cobre Panama copper mine moved to 2026 Read More »

By Sarah Morland MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil on Tuesday reported a 48% fall in its fourth-quarter net profit, well below analysts’ expectations, with the company citing foreign exchange losses even as its revenues rose. The company, controlled by the family of Mexican billionaire Carlos Slim, attributed the decline to “a higher …

Mexican telecoms giant America Movil’s profit slides on FX losses Read More »

By Isla Binnie, Virginia Furness and Jonathan Stempel NEW YORK/LONDON (Reuters) -The acting chair of the U.S. Securities and Exchange Commission on Tuesday signaled the regulator may roll back a controversial rule requiring thousands of public companies to disclose the threats their businesses face from risks related to the climate and environment. Mark Uyeda, the …

US SEC will not defend climate rule in court Read More »

By Jonathan Stempel NEW YORK (Reuters) – Starbucks was sued on Tuesday by the U.S. state of Missouri, which accused the coffee chain of using a commitment to diversity, equity and inclusion as a pretext to systematically discriminate based on race, gender and sexual orientation. In a complaint filed in St. Louis federal court, Missouri …

Starbucks sued by Missouri over DEI, race and gender bias Read More »

By Isla Binnie and Saeed Azhar (Reuters) -Goldman Sachs cancelled a four-year-old policy to only take public companies that had two diverse board members, a spokesperson for the bank said on Tuesday, in the latest such move by corporations expecting greater scrutiny on social policies from U.S. President Donald Trump. “As a result of legal …

Goldman Sachs ends IPO diversity policy citing legal developments Read More »

NEW YORK (Reuters) -Ken Griffin, founder and CEO of investment firm Citadel, said on Tuesday that U.S. President Donald Trump’s tariff policy is a risk to economic growth and may force other countries to find new trade alliances, as he criticized Trump’s “bombastic rhetoric.” “The uncertainty and chaos created by the tariff dynamics between us …

Citadel’s Griffin sees tariffs posing risk to US growth Read More »

By Blake Brittain (Reuters) – A federal judge in Delaware on Tuesday said that a former competitor of Thomson Reuters was not permitted by U.S. copyright law to copy the information and technology company’s content to build a competing artificial intelligence-based legal platform. U.S. Circuit Judge Stephanos Bibas’ decision against defunct legal-research firm Ross Intelligence …

Thomson Reuters wins AI copyright ‘fair use’ ruling against one-time competitor Read More »

By Scott DiSavino NEW YORK (Reuters) – Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on rising Middle East tensions, outweighing worries that trade tariffs would boost inflation and dampen global economic growth. Brent futures rose $1.13, or 1.5%, to settle at …

Oil prices climb to 2-week high on supply worries, US tariffs check gains Read More »