Reuters US Business

By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) -Argentina’s financial assets rallied for a third straight day on Wednesday after U.S. Treasury Secretary Scott Bessent detailed massive support for Argentine President Javier Milei’s right-wing government and the country’s markets. Bessent said the U.S. was in negotiations over a $20 billion currency swap line with …

Argentina assets rally as Bessent details strong US support Read More »

(Reuters) -Pharmacy middlemen are working on a proposal to change some of their business practices in order to avoid new regulations from the Trump administration, Bloomberg News reported on Wednesday, citing people familiar with the discussions. The Pharmaceutical Care Management Association (PCMA), a key lobbying group for pharmacy middlemen, is drafting recommendations to present to …

Pharma middlemen propose regulatory changes to avoid Trump administration rules, Bloomberg News reports Read More »

(Reuters) -The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on Wednesday.  It was not immediately clear which funds were being targeted. The department did not immediately respond to a request for more details. …

US intends to cancel $13 billion in funds for green energy Read More »

(Reuters) -Two U.S. senators sent a letter to Tinder parent Match on Wednesday, pushing for action against dating scams on the company’s platforms and asking for information about its efforts to detect frauds and protect its users. In a letter to Match CEO Spencer Rascoff, Democratic Senator Maggie Hassan and Republican Senator Marsha Blackburn asked …

Two US senators urge Tinder parent to act against dating scams on its apps Read More »

By Arunima Kumar and Purvi Agarwal (Reuters) -Shares of Lithium Americas closed at $8.32 after jumping nearly 90% on Wednesday after Reuters reported that the Trump administration is seeking up to a 10% stake in the miner, in the latest sign of Washington’s intervention into industries it considers critical to national security. Late Tuesday, Reuters …

Lithium Americas soars 90% as Washington considers stake Read More »

By Jonathan Stempel (Reuters) -A bipartisan group of 18 U.S. states told a federal judge that Capital One’s $425 million settlement with depositors who felt cheated out of high interest rates should be rejected, because it lets the bank continue short-changing customers. Led by New York Attorney General Letitia James, the states objected in a …

Capital One $425 million settlement with depositors should be rejected, US states say Read More »

By Courtney Rozen WASHINGTON (Reuters) -The U.S. General Services Administration is offering 400 real estate management workers fired earlier this year as part of the Trump administration’s efficiency drive the option to return to their roles, according to media reports. The administration is simultaneously firing 126 other employees at the agency’s Public Buildings Service, a …

US offers 400 real estate workers fired by DOGE the option to return to jobs, reports say Read More »

By David Shepardson WASHINGTON (Reuters) -The U.S. Postal Service said on Wednesday it will not seek to raise first-class mail stamp prices in January. The money-losing USPS hiked prices in July to 78 cents from 73 cents, boosting overall mailing services product prices by 7.4%. USPS plans to reconsider prices in mid-2026. Stamp prices are …

US Postal Service will not seek stamp price hike in January Read More »