Reuters US Business

By Jessica DiNapoli NEW YORK (Reuters) -Newell Brands is looking for more clarity on how newly lowered U.S. tariffs will be applied before potentially resuming shipments of its Graco baby strollers and child car seats from China, a spokesperson said on Monday. Atlanta-based manufacturer Newell, whose products range from coffee makers to pens, paused purchase …

Graco stroller maker Newell seeks tariff details before resuming China shipments Read More »

SANTIAGO (Reuters) – Chilean state-run copper miner Codelco said on Monday that it had reached an agreement with BHP for the multinational firm to explore the “Anillo” mining property. BHP will spend up to $40 million to explore the area, Codelco said in a statement. BHP could form a tie-up with Codelco to mine there …

Codelco, BHP agree on terms to explore ‘Anillo’ mining property Read More »

(Reuters) -Perplexity AI is in advanced talks to raise $500 million in a funding round that would value the startup at $14 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. Venture capital firm Accel is set to lead the round, the report said. Perplexity did not immediately respond to …

AI firm Perplexity eyes $14 billion in valuation in fresh funding round, WSJ reports Read More »

(Reuters) – Universal Music Group, the world’s biggest music label, said on Monday it has appointed Matt Ellis as its new chief financial officer. Ellis, a former finance chief at Verizon Communications, will succeed Boyd Muir, who was made chief operating officer of UMG in October 2024. The change will become effective on June 9, …

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DETROIT (Reuters) – General Motors has hired Sterling Anderson, co-founder of self-driving trucking company Aurora, as its executive vice president of global product, the company said Monday. The leader in autonomous vehicle technology, who will report to GM President Mark Reuss when he joins GM on June 2, will also be chief product officer and …

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