Reuters US Business

By Leah Douglas WASHINGTON -Dozens of U.S. ice cream producers are planning to remove artificial colors from their products by 2028, a dairy industry group and government officials said on Monday.  The producers, which together represent more than 90% of ice cream sold in the U.S., are the latest food companies to take voluntary steps …

Many US ice cream producers to phase out artificial food dyes by 2028 Read More »

By Tom Hals WILMINGTON, Delaware (Reuters) -Mark Zuckerberg is expected to appear as a star witness in an unusual $8 billion trial that kicks off this week at which the Meta CEO is accused of operating Facebook as an illegal enterprise that allowed users’ data to be harvested without their consent. Shareholders of Meta Platforms, …

Meta investors, Zuckerberg to square off at $8 billion trial over alleged privacy violations Read More »

By Chuck Mikolajczak, Rae Wee and Tommy Reggiori Wilkes NEW YORK (Reuters) -Bitcoin vaulted past $120,000 for the first time on Monday, the latest milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this week, which has been dubbed “crypto week” by U.S. Republicans.  Bitcoin rose more than …

Bitcoin climbs to record $123,000 as investors eye U.S. policy boost Read More »

By Sriparna Roy and Abigail Summerville (Reuters) -Band-Aid and Tylenol maker Kenvue has fired its CEO Thibaut Mongon, the consumer health company said on Monday, laying what some investors expect will be the groundwork for an eventual sale of the entire company or pieces of it.  Kenvue also said that an ongoing review of strategic …

Tylenol maker Kenvue ousts CEO amid board’s strategic review Read More »

By Howard Schneider WASHINGTON (Reuters) -U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to finance the high and rising deficits expected from his spending and tax-cut bill. Trump should be careful what he wishes for. A Fed policy rate …

Explainer-Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy Read More »

By Patricia Zengerle WASHINGTON (Reuters) -China is increasing its diplomatic reach as President Donald Trump’s administration pares back America’s international presence, Democrats from the U.S. Senate Foreign Relations Committee said in a report released on Monday. The report, the result of months of staff travel and research, was released as the Trump administration makes deep …

China steps in as US pulls back from diplomacy, report says Read More »

By Hannah Lang, Elizabeth Howcroft, Michelle Conlin and Medha Singh NEW YORK (Reuters) -Crypto exchange Coinbase assures users on its website that it puts any new digital coin through “rigorous” vetting before allowing it to trade. It’s an at-times lengthy process meant to protect customers by examining the people connected to the project and the …

Crypto exchanges rushed to list Trump’s coin – leaving many losers and some big winners Read More »