(Reuters) -U.S. President Donald Trump said on Friday that Microsoft should fire Lisa Monaco, who had served in the administrations of two Democratic presidents and is now Microsoft’s global affairs president. The move appears to be the latest effort by Trump to exact retribution on those he sees on political enemies and comes one day …
Trump says Microsoft should fire its global affairs president Lisa Monaco Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended higher on Friday after mostly in-line U.S. inflation data, but the three major indexes posted losses for the week. The S&P 500 and Nasdaq snapped three-week streaks of weekly gains. The Commerce Department’s personal consumption expenditures index report for August showed inflation behaving as expected while …
By Alexandra Alper WASHINGTON (Reuters) -The Trump administration is considering imposing tariffs on foreign electronic devices based on the number of chips in each one, according to three people familiar with the matter, as it seeks to drive companies to shift manufacturing to the United States. According to the plan, which has not previously been …
By David Shepardson (Reuters) -Two major broadcast owners said on Friday they will end preemption of “Jimmy Kimmel Live!” and the show will return in the evening on their 70 ABC-affiliated stations covering nearly a quarter of U.S. households. Sinclair Broadcast Group and Nexstar Media Group previously had declined to resume airing the show this …
Nexstar, Sinclair to end boycott of Kimmel show on its ABC stations Friday Read More »
(Reuters) -Lockheed Martin said on Friday its subsidiary, Sikorsky, has secured a nearly $11 billion contract from the U.S. Navy to build up to 99 CH-53K King Stallion helicopters. It is the largest order to date for the aircraft, the defense company said. The helicopter, which has three 7,500 shaft horsepower engines, is used to …
Lockheed Martin’s Sikorsky secures about $11 billion US navy contract Read More »
(Reuters) -The International Association of Machinists and Aerospace Workers and Boeing have agreed to return to negotiations on Monday with the help of a federal mediator in an effort to end a near two-month strike, the union said on Friday. (Reporting by Shivansh Tiwary in Bengaluru; Editing by Shinjini Ganguli)
By Ann Saphir (Reuters) -An economist whose research provided a foundation for Federal Reserve Governor Stephen Miran’s argument that President Donald Trump’s immigration crackdown will slow inflation by cutting demand for housing says the new central banker is overstating the impact. After Reuters queried the Fed about Miran’s numbers, it updated his speech from Monday …
Exclusive-Fed’s Miran math may overstate the impact of immigration on inflation Read More »
By Arasu Kannagi Basil (Reuters) -Ethos Technologies recorded a 55% jump in revenue in the first half of 2025, according to its U.S. initial public offering paperwork filed on Friday, as the insurance IPO market continues its hot streak. The San Francisco, California-based life-insurance platform is the latest insurer seeking to tap the new listings …
Ethos Technologies reveals 55% revenue surge as insurance IPOs fire up Read More »
By Milana Vinn and Zaheer Kachwala (Reuters) -Electronic Arts, the videogame publisher behind titles such as “FC” and “Battlefield”, is in advanced talks to go private at a valuation of roughly $50 billion, according to sources familiar with the matter. A group of investors including private equity firm Silver Lake, Saudi Arabia’s Public Investment Fund …
Videogame maker EA in advanced talks to go private at roughly $50 billion valuation Read More »
By David Shepardson and David Lawder WASHINGTON (Reuters) -U.S. President Donald Trump on Thursday unveiled sweeping new import tariffs, including 100% duties on patented drugs and 25% levies on heavy-duty trucks starting next week, triggering fresh trade uncertainty after a period of comparative calm. The latest salvo, which Trump said was to protect the U.S. …
Trump slaps steep US tariffs on drugs, heavy trucks and furniture Read More »
