SAO PAULO (Reuters) -Brazilian securities regulator CVM has postponed a shareholder vote on the takeover of poultry and pork processor BRF by beef processor Marfrig, the companies said in a securities filing on Tuesday. Shareholders from both firms were set to vote on Wednesday on a deal announced in May that would allow Marfrig – …
Brazil regulator postpones shareholder meeting on Marfrig-BRF deal Read More »
By Dietrich Knauth (Reuters) -A small business on Tuesday asked the U.S. Supreme Court to decide the legality of President Donald Trump’s tariffs, saying the court should take the rare step of hearing the case before appeals fully play out in lower courts. Learning Resources, which makes educational toys, challenged Trump’s tariffs and won a …
Small business seeks early Supreme Court review of Trump’s tariffs Read More »
(Reuters) -Kraft Heinz said on Tuesday it would not launch products with artificial colors in the United States effective immediately, and would aim to eliminate synthetic dyes from existing items by the end of 2027. The Ketchup maker said that nearly 90% of its U.S. product net sales are already free of food, drug & …
Kraft Heinz to stop launching new products with artificial colors Read More »
(Reuters) -All new videos uploaded on Facebook will soon be classified as Reels, simplifying how users publish visual content, social media giant Meta Platforms said on Tuesday. The Instagram parent said Reels on Facebook will no longer have length or format restrictions, and include all types of video content — short, long and live. Previously …
All new Facebook videos to be classified as Reels soon, Meta says Read More »
By Hannah Lang (Reuters) -Coinbase is seeking a green light from the U.S. Securities and Exchange Commission to offer “tokenized equities” to its customers, the crypto exchange’s chief legal officer told Reuters. If granted, the move would allow Coinbase to effectively offer stock trading via blockchain technology, placing it in direct competition with retail brokerages …
Coinbase seeking US SEC approval to offer blockchain-based stocks Read More »
(Reuters) -Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans, Bloomberg News reported on Tuesday, citing information shared with investors. Between its founding in 2023 and the launch of its debt sale earlier this year, xAI raised $14 …
Musk’s xAI in talks for $4.3 billion equity funding, Bloomberg News reports Read More »
By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales dropped more than expected in May, weighed down by a decline in motor vehicle purchases as a rush to beat potential tariff-related price hikes ebbed, but consumer spending remains supported by solid wage growth for now. The largest decline in sales in four months reported by the …
Weak US retail sales, manufacturing output point to softening economy Read More »
LOS ANGELES (Reuters) -Streaming services, which have been steadily gaining in popularity, have finally dethroned broadcast and cable television in the U.S., winning more viewers in May than broadcast and cable combined, audience measurement firm Nielsen reported on Tuesday. Nielsen, in its monthly report The Gauge, said streaming captured 44.8% of total TV usage in …
Streaming surpasses broadcast and cable TV viewing in US for first time Read More »
(Corrects paragraphs 2-4 to reflect that new partner models are not yet available on the Firefly mobile app) By Stephen Nellis SAN FRANCISCO (Reuters) -Adobe Inc. released its first dedicated artificial intelligence smartphone app on Tuesday that includes AI models from the company and partner firms, in a bid to tap into a growing trend …
Adobe brings AI-image generation app to phones, adds partners Read More »
By Joe Brock, Tim Hepher, Giulia Segreti and Paul Sandle PARIS (Reuters) -Airbus struck a deal with budget airline VietJet for up to 150 single-aisle jets at the Paris Airshow on Tuesday, where industry hopes for a return to tariff-free trade were given a boost by U.S. Transport Secretary Sean Duffy. Duffy said he wanted …
Airbus seals VietJet deal as hopes rise at air show for tariff rollback Read More »
