By Bo Erickson WASHINGTON (Reuters) – Some lawmakers in the U.S. Congress have expressed dismay at President Donald Trump’s threat to slap new tariffs on Canada, China and Mexico, but they have limited power to stop him. WHICH BRANCH OF GOVERNMENT HAS TARIFF POWER? The U.S. Constitution gave Congress the power to set and regulate …
Explainer-Can the US Congress intervene on Trump’s tariffs? Read More »
(Reuters) – Tesla’s electric-vehicle registrations in California fell about 12% last year, according to industry data, indicating mounting challenges for the automaker in the key U.S. market. While high interest rates, tough competition and the introduction of a restyled Model 3 sedan hurt the EV maker’s sales in California, the loss of business was likely …
Tesla’s California car registrations down 12% in 2024, report shows Read More »
(Reuters) -Sony Pictures Television, which produces syndicated TV game shows “Wheel of Fortune” and “Jeopardy!”, told distributor CBS Studios on Monday that it is taking back global distribution of the programs because of alleged contract violations by CBS. A CBS spokesperson said the company will seek a temporary restraining order to keep current arrangements in …
Sony Pictures says it removes CBS as game shows’ distributor, CBS denies this Read More »
(Corrects headline and story from Feb. 1 to say the U.S. will allow imports of Mexican cattle, not beef) MEXICO CITY (Reuters) -The United States will permit Mexican cattle imports to resume after signing memorandums to lift a temporary suspension, Mexico’s agriculture chief wrote in a post on social media site X on Saturday. Last …
US will allow Mexican cattle imports to resume, says Mexican minister Read More »
(Reuters) – Media giant Paramount Global and Nielsen have signed a new deal that would see the research firm provide measurement and analytics services across the CBS parent company’s platforms, ending a long-running dispute. The multi-year deal, effective immediately, includes measurement for Paramount’s national and local broadcast, cable networks, and streaming on Paramount+ and Pluto …
Paramount Global, Nielsen sign new partnership, ending dispute Read More »
QUITO (Reuters) – Ecuador’s President Daniel Noboa announced on Monday that his government will apply a 27% tariff on Mexican goods in an effort to promote fair treatment for his country’s companies. In a post on X, Noboa said he favors more exchange of goods with other countries, including a potential free trade deal with …
Ecuador president announces 27% tariff on Mexican goods Read More »
By Allison Lampert (Reuters) – The United States should pause tariffs on Canada as it did on Mexico, the head of the largest North American aerospace union told Reuters on Monday, as industry executives weighed the impact of fresh duties on plane parts and jets. U.S. President Donald Trump announced executive orders that would impose …
North American aerospace union presses Trump to pause tariffs on Canada Read More »
By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova LONDON (Reuters) -OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government’s Energy Information Administration from the sources used to monitor its production and adherence to supply pacts. OPEC+ and Donald Trump clashed repeatedly during …
OPEC+ sticks to oil policy, ditches US government data Read More »
By Jonathan Stempel (Reuters) – The U.S. Consumer Financial Protection Bureau is refusing to defend Biden administration-era rules in court after its director was fired by President Donald Trump. In “emergency” notices filed on Monday with the 5th U.S. Circuit Court of Appeals in New Orleans, hours before appeals in two cases were scheduled to …
US consumer bureau won’t defend Biden-era rules in court after chief was fired Read More »
(Reuters) – Asset manager Vanguard said on Monday it was lowering the cost of investing across its fund lineup in its largest cut ever and estimated that this would translate into savings of more than $350 million for its investors this year. Valley Forge, Pennsylvania-based Vanguard slashed the expense ratio, or the cost of owning …
Vanguard slashes fees; expects its investors will save $350 million in 2025 Read More »
