Reuters US Business

By Gram Slattery, Andrew Mills, Federico Maccioni and Yousef Saba ABU DHABI (Reuters) -President Donald Trump on Thursday pledged to strengthen U.S. ties to the United Arab Emirates and announced deals with the Gulf state totalling over $200 billion and the two countries also agreed to deepen cooperation in artificial intelligence. After Trump’s meeting with …

Trump announces $200 billion in deals during UAE visit, AI agreement signed Read More »

By Ana Mano SAO PAULO (Reuters) -Brazilian beef processor Marfrig announced on Thursday a plan to complete its takeover of poultry and pork processor BRF , while teasing plans to eventually list shares of the combined entity in the United States. The move caps a long-running strategy by Marfrig, which already owns just over 50% …

Brazil’s Marfrig moves to cap takeover of BRF, combining as MBRF Read More »

By Sabrina Valle (Reuters) -Bankrupt U.S. pharmacy chain Rite Aid on Thursday said it agreed to sell pharmacy assets from more than 1,000 store locations in separate transactions to CVS Pharmacy, Walgreens, Albertsons, Kroger and Giant Eagle, among others. CVS Pharmacy will buy and operate many Rite Aid and Bartell Drugs stores in Washington, Oregon …

Rite Aid to sell 1,000 pharmacy assets to CVS, Walgreens and others Read More »

By Noel Randewich and Pranav Kashyap (Reuters) -Wall Street stocks ended mixed on Thursday, with gains in Cisco Systems following an upbeat forecast, while UnitedHealth tumbled after a report of a criminal investigation into the insurer. The S&P 500 has more than recovered from a deep selloff in April triggered by U.S. President Donald Trump’s …

Wall Street ends mixed; Cisco rallies while UnitedHealth tumbles Read More »

By Simon Jessop, Nupur Anand and Saeed Azhar NEW YORK/LONDON (Reuters) – Democratic lawmakers harshly criticized the chief executives of BlackRock, JPMorgan and other top finance companies for leaving several global coalitions devoted to combating climate change, urging them to uphold their previous commitments and policy targets designed to reduce greenhouse gas emissions.  Against a …

U.S. finance CEOs challenged for leaving climate pacts by Democratic lawmakers Read More »

(Reuters) -The U.S. Justice Department is conducting a criminal antitrust probe of Live Nation and AEG’s response to concert cancellations at the beginning of the pandemic in 2020, Live Nation confirmed while denying any collusion on Thursday. The probe is focused on whether the live-event companies colluded on refund policies for canceled concerts, according to …

US probes Live Nation, AEG COVID-19 concert cancellations Read More »

By Zaheer Kachwala (Reuters) -Take-Two Interactive on Thursday forecast fiscal 2026 bookings below revised Wall Street expectations, signaling that a strong lineup of releases this year may not cushion a hit from the delay of its highly anticipated “Grand Theft Auto VI”. Shares of the company fell 3% in extended trading. The next installment in …

Take-Two sees annual bookings below revised estimates as ‘GTA VI’ delay weighs Read More »