Reuters US Business

By Frank Pingue (Reuters) -The NFL has tapped its roster of retired players to help keep the current crop from fumbling away their careers over gambling violations — enlisting former gridiron veterans to deliver the message that betting and football simply do not mix. Sabrina Perel, the NFL’s vice president and chief compliance officer, said …

NFL-NFL enlists ex-players to help spread message on league’s betting policies Read More »

By David Gaffen WASHINGTON (Reuters) -U.S. President Donald Trump said he wants to make more investments in healthy U.S. companies on Monday. Whether Corporate America is on board is another story. The White House announced a near-10% stake in chipmaker Intel on Friday that converts government grants into an equity share. Trump doubled down on …

Trump wants more deals like Intel’s, worrying business community Read More »

By Elizabeth Howcroft (Reuters) -A group representing the world’s biggest stock exchanges has called on securities regulators to clamp down on so-called tokenised stocks, arguing that the blockchain-based tokens create new risks for investors and could harm market integrity, a letter seen by Reuters shows. Tokenised equities are blockchain-based tokens created to represent shares in …

Stock exchanges urge regulators to crack down on ‘tokenised stocks’ Read More »

By Nupur Anand NEW YORK (Reuters) -U.S. consumers with the highest credit scores are starting to fall behind in debt repayments, credit scoring company VantageScore said in a report published on Monday, in a sign that Americans’ financial health may be deteriorating more broadly. Late repayments over 90 days were up 109% year-over-year in the …

US consumers with prime credit are starting to slip on payments Read More »

By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said on Monday that one of its agencies will take over operational responsibility to oversee $7.4 billion in semiconductor research funds, saying that the private non-profit established under the Biden administration to handle that function “served as a semiconductor slush fund.” The National Institute of Standards …

US Commerce voids Biden’s $7.4 billion semiconductor research grant deal Read More »

By Jessica DiNapoli NEW YORK (Reuters) -Procter & Gamble is selling luxury aloe-infused “bumbum” brand diapers made in China at retailer Target as its top-selling Pampers and Luvs brands lose ground to a growing number of imported rivals touting similar features. The move is unusual for the Cincinnati-based consumer products maker, the biggest globally, because …

P&G selling China-made luxury ‘bumbum’ brand diapers as market share falters Read More »