Reuters US Business

By Sherin Sunny and John Biju (Reuters) -Lynas Rare Earths warned on Tuesday of a one-month production shortfall this quarter due to significant power supply disruptions at its Kalgoorlie processing facility in Western Australia. The production shortfall could be a potential setback for the world’s largest rare earths producer outside China as it tries to …

Lynas Rare Earths warns of production hit from power disruptions at Kalgoorlie Read More »

By Susan Heavey and Leah Douglas WASHINGTON (Reuters) -The Trump administration expects to announce an aid package for U.S. farmers within two weeks and a deal on Chinese soybean purchases, U.S. Agriculture Secretary Brooke Rollins said on Monday, without providing further details. The administration of President Donald Trump has said for months that it would …

USDA expects deals on farmer aid, Chinese soy buys within weeks Read More »

By Stephen Culp NEW YORK (Reuters) -Wall Street stocks closed higher on Monday, extending Friday’s rally as increased odds that the U.S. Federal Reserve will lower its Fed funds target rate in December helped investors look past concerns about inflated tech valuations.  U.S. indexes embarked on the holiday-shortened week with solid gains, with strength in …

Wall Street ends higher on tech rebound, rising rate cut bets Read More »

By David Shepardson WASHINGTON (Reuters) -U.S. President Donald Trump on Monday signed an executive order to launch a government-wide effort to build an integrated artificial intelligence platform to harness federal scientific datasets to train next-generation technologies. The effort, dubbed the Genesis Mission, aims to transform scientific research and speed scientific discoveries by using massive government …

Trump aims to boost AI innovation, build platform to harness government data Read More »

By Juby Babu (Reuters) -Zoom Communications raised its annual revenue and profit forecasts on Monday, benefiting from hybrid work trends and the integration of artificial intelligence into its products. Shares of the company rose 3.5% in extended trading.  Zoom has intensified its push to embed AI functionalities across its products and broaden its service offerings …

Zoom lifts annual outlook on growing demand for AI tools in hybrid work Read More »

By Makiko Yamazaki and Leika Kihara TOKYO (Reuters) -Early signs on Japan’s annual wage negotiations for next year point to another round of solid pay hikes despite profit pressure from U.S. tariffs, bolstering the case for the Bank of Japan to raise interest rates further.  The wage outlook has drawn renewed attention after BOJ Governor …

Early signs for Japan 2026 wages bolster case for near-term BOJ rate hike Read More »