Reuters US Business

By Hyunjoo Jin, Maki Shiraki and Heekyong Yang SEOUL/TOKYO (Reuters) -Toyota and Hyundai Motor may have a beef with U.S. protectionism, but they have one thing in common with President Donald Trump: when it comes to global car markets, it’s America first for Asia’s legacy automakers. Trump’s tariffs on imported automobiles have upended the outlook …

Analysis-Despite tariffs, it’s still America first for Asia’s legacy automakers Read More »

By Kanishka Singh WASHINGTON (Reuters) -The Trump administration announced on Monday a duty of about 17% on fresh tomatoes from Mexico, which account for two-thirds of the tomatoes eaten in the U.S., and the end of an export deal between the two countries. The Commerce Department said the U.S. was withdrawing from a 2019 agreement …

US imposes 17% tariff on Mexican tomatoes after withdrawing from agreement Read More »

By Courtney Rozen WASHINGTON (Reuters) -The Trump administration will reduce planned federal worker layoffs, a personnel official said on Monday, after tens of thousands of employees accepted buyouts or retired early to avoid dismissal. “Several agencies are now not planning to proceed” with staff cuts, Office of Personnel Management senior adviser Noah Peters said in …

US agencies shrink layoff plans after mass staff exodus Read More »

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell has asked the U.S. central bank’s inspector general to review the costs involved in the renovation of its historic headquarters in Washington, as Trump administration officials intensify their criticism of how the Fed is being run. “I have asked the Board’s IG to take a …

Fed’s Powell asks for watchdog review of project criticized by Trump officials Read More »

By David French (Reuters) -Wall Street stocks closed marginally up on Monday as investors sidestepped any meaningful moves following U.S. President Donald Trump’s latest tariff threats, and held steady ahead of a busy week of economic data and the start of earnings season. Trump ramped up trade tensions over the weekend, vowing to slap a …

Wall Street ends with modest gains as investors await earnings, economic data Read More »

(Reuters) -Gold miner Newmont Corp said on Monday its CFO Karyn Ovelmen has resigned and named insider Peter Wexler as interim CFO until a permanent successor is selected. Wexler previously served as chief legal officer of Schneider Electric for 15 years before joining Newmont in March 2024. Ovelmen’s departure, which comes a little over two …

Newmont CFO Karyn Ovelmen resigns, insider named interim finance chief Read More »