Reuters US Business

By David Shepardson and Dawn Chmielewski (Reuters) -Paramount Global and President Donald Trump are engaged in “good faith, advanced, settlement negotiations” to resolve a lawsuit filed by Trump against CBS in October, alleging the network deceptively edited a “60 Minutes” interview with then-vice president Kamala Harris. Lawyers on Monday in a court filing asked a …

Paramount, Trump in ‘advanced’ settlement talks, court filing says Read More »

(Reuters) -Boeing Co said on Monday it had appointed former Lockheed Martin executive Jesus ‘Jay’ Malave as the planemaker’s new CFO, effective Aug. 15. He will succeed Brian West, who will stay on in an advisory role, Boeing said. West joined Boeing in 2021 and oversaw its finances through a turbulent period, marked by mounting …

Boeing appoints former Lockheed Martin CFO Jay Malave as new finance chief Read More »

By Hannah Lang (Reuters) -Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued the company at nearly $18 billion earlier this month.  If the charter is granted by the U.S. Office of the Comptroller of the Currency, it would enable Circle to …

Exclusive-Circle applies for US trust bank license after bumper IPO Read More »

(Reuters) -Apple is weighing using artificial intelligence technology from Anthropic or OpenAI to power a new version of Siri, instead of its own in-house models, Bloomberg News reported on Monday. Shares of the iPhone maker, which had traded down earlier in the session, closed 2% higher on Monday. Apple has had discussions with both companies about …

Apple weighs using Anthropic or OpenAI to power Siri in major reversal, Bloomberg News reports Read More »

By Promit Mukherjee and Doina Chiacu OTTAWA/WASHINGTON (Reuters) -The United States will resume trade negotiations with Canada immediately after Ottawa scrapped its digital services tax targeting U.S. technology firms, White House economic adviser Kevin Hassett said on Monday. “Absolutely,” Hassett said on Fox News Channel when asked about the talks restarting. White House press secretary …

US, Canada to resume trade talks after Ottawa drops digital tax Read More »

By Rashika Singh and Siddarth S (Reuters) -Wall Street brokerages had mixed recommendations on stablecoin issuer Circle Internet Group as they began coverage on Monday, with some analysts expressing concerns about its elevated valuation after the stock more than doubled since its market debut. The New York-based company’s shares were up 4% in choppy early …

Wall Street analysts split on Circle after blockbuster IPO on lofty valuation concerns Read More »

By Niket Nishant and Manya Saini (Reuters) -Robinhood said on Monday it has launched tokens that will allow its customers in the European Union to trade more than 200 U.S. stocks and exchange-traded funds, including Nvidia, Apple and Microsoft. The commission-free tokens can be traded around-the-clock, five days a week. Robinhood also plans to offer …

Robinhood launches tokens allowing EU users to trade in US stocks Read More »