Reuters US Business

By Chris Prentice NEW YORK (Reuters) – Lawyers at the U.S. Securities Exchange Commission (SEC) have been told they need to seek permission from the politically appointed leadership before formally launching probes, two sources briefed on the matter said, in a marked change in procedure that could slow down investigations. The change, which has not …

Exclusive-SEC’s Republican-led commission tightens oversight of probes, sources say Read More »

NEW YORK (Reuters) -President Donald Trump on Saturday ordered tariffs of 25% on Canadian and Mexican imports and 10% on Chinese goods starting on Tuesday to address what he calls a national emergency of fentanyl and illegal immigration pouring into the United States. Mexico and Canada, the top two U.S. trading partners, immediately vowed retaliatory …

Trump orders steep tariffs on goods from Mexico, Canada, China Read More »

(Reuters) -U.S. President Donald Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday and declared that they would remain in place until a national emergency over the drug fentanyl and illegal immigration to the U.S. ends. Following is a compilation of reaction to the …

Reaction to Trump’s imposition of tariffs on Mexico, Canada, China Read More »

(Reuters) -Bill Ackman, the owner of investment firm Pershing Square, said on Saturday that he is reincorporating his management company in Nevada. “We are reincorporating our management company in Nevada…,” the billionaire investor said in response to a post on X, adding that top law firms are recommending Nevada and Texas over Delaware. Pershing Square …

Billionaire Ackman to reincorporate management company in Nevada Read More »

(Reuters) -Starbucks and its union representing over 10,000 baristas have agreed to withdraw lawsuits filed against each other, the company said, a day after the two sides agreed to bring in a mediator to help resume stalled negotiations. Talks between the two parties, which began in April, were halted in December before a final round, …

Starbucks, union withdraw lawsuits filed against each other, company says Read More »

By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks ended lower on Friday, with indexes losing ground after the White House said U.S. President Donald Trump will implement on Saturday tariffs of 25% on Canadian and Mexican imports and 10% on Chinese goods. Investors have been bracing for further tariff news after Trump has repeatedly warned …

Wall St ends lower as White House says Trump to implement tariffs Read More »

By Trevor Hunnicutt, Karen Freifeld and Nandita Bose WASHINGTON (Reuters) -U.S. President Donald Trump and the CEO of Nvidia Jensen Huang discussed DeepSeek – the Chinese company whose AI model’s performance rocked the tech world – and tightening AI chip exports during their meeting at the White House on Friday, a source with knowledge of …

Trump and Nvidia CEO discuss DeepSeek, AI chip exports during meeting, source says Read More »