Reuters US Business

By David Shepardson WASHINGTON (Reuters) -Two U.S. senators called on the Justice Department on Friday to prosecute Boeing in a criminal fraud case stemming from two fatal 737 MAX crashes, and to reject a tentative deal that would allow the planemaker to avoid pleading guilty. “DOJ must not sign a non-prosecution agreement with Boeing that …

US senators urge DOJ not to let Boeing avoid criminal prosecution Read More »

By Sriparna Roy (Reuters) -After years of easily available, cheap copies of Eli Lilly’s and Novo Nordisk’s highly effective weight-loss drugs, some U.S. patients say they are unwilling to pay more and are pursuing alternatives to get around the regulatory deadline for compounding pharmacies to stop making them. The U.S. Food and Drug Administration has …

Americans scramble as weight-loss drug discounts fall short, copies face crackdown Read More »

By Nivedita Balu, Arasu Kannagi Basil (Reuters) -TD Bank on Thursday said it would lay off 2% of its workforce to cut costs and scale up its digital and AI investments, as the bank restructures following its historic anti-money laundering settlement under new CEO Ray Chun. The layoff involving some 2,000 employees is part of …

Canada’s TD Bank to lay off 2% of workforce in restructuring Read More »

By Patturaja Murugaboopathy and Johann M Cherian (Reuters) -Emerging market equity funds are leading the global performance this year, bolstered by attractive valuations, years of under-positioning by investors and an easing of economic pressures after U.S. President Donald Trump’s pause on tariffs. According to data compiled by LSEG, funds tracking equities in Latin America and …

Emerging market equity funds lure investors fleeing overvalued U.S. assets Read More »

By Naomi Rovnick LONDON (Reuters) -Global investors admit to flying blind in markets roiled by erratic U.S. trade rhetoric and chaotic economic forecasting, stressing that placing long-term bets was harder now than at any time since the 2020 COVID-19 crisis. Anxieties over whether a 90-day White House-China tariff truce will hold, plus U.S. budget gaps …

Analysis-Tariff-fogged markets leave investors flying blind Read More »

By Marisa Taylor, Alexandra Ulmer (Reuters) -Billionaire Elon Musk’s DOGE team is expanding use of his artificial intelligence chatbot Grok in the U.S. federal government to analyze data, said three people familiar with the matter, potentially violating conflict-of-interest laws and putting at risk sensitive information on millions of Americans. Such use of Grok could reinforce …

Exclusive-Musk’s DOGE expanding his Grok AI in U.S. government, raising conflict concerns Read More »

By Alexandra Alper WASHINGTON (Reuters) – A national security panel was divided in its recommendation to President Donald Trump on Nippon Steel’s bid for U.S. Steel but most panel members believe any security risks posed by the deal can be addressed, a White House official said. The Committee on Foreign Investment in the U.S. on …

Exclusive-US panel divided over Nippon Steel bid for US Steel but path forward seen, says official Read More »