Reuters US Business

(Reuters) – Canada will not impose retaliatory tariffs on most U.S. food and other essentials or on components essential to avoiding job loss in key sectors of the economy, the Globe and Mail reported on Tuesday citing comments by two federal trade advisers. David MacNaughton and Hassan Yussuff, who are both on Prime Minister Mark …

Canada to avoid counter-tariffs on most US food imports, Globe and Mail reports Read More »

By Yuka Obayashi TOKYO (Reuters) -Nippon Yusen (NYK), Japan’s largest shipping line, is concerned that U.S. President Donald Trump’s tariffs could push up the cost of automobiles and daily goods, denting consumer demand and slowing cargo flows, its president said. “The tariffs are not directly borne by consumers, but the burden ultimately falls on them, …

Top Japanese shipping line fears US tariffs will slow cargo flows, president says Read More »

WASHINGTON (Reuters) -U.S. President Donald Trump will consider on Wednesday a final proposal related to TikTok ahead of an April 5 deadline for the app to find a non-Chinese buyer or face a U.S. ban, a White House official told Reuters. There will be a meeting at the Oval Office involving Vice President JD Vance, …

White House to hold meeting on TikTok Read More »

(Reuters) -Australia’s beleaguered casino operator Star Entertainment has failed to secure a debt refinancing lifeline of up to A$940 million ($590.98 million) from Salter Brothers Capital, the firm said on Wednesday. Years of regulatory scrutiny and penalties following money laundering accusations, management exodus and border closures due to COVID-19 have pushed Star, the country’s second-largest …

Star Entertainment: money laundering claims to teetering on the brink Read More »

(Reuters) -Artificial intelligence startup CoreWeave’s shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40. At close, the company added more than $7 billion to its market value. On Friday, the Nvidia-backed stock debuted at $39, giving the AI infrastructure firm a valuation of …

CoreWeave shares soar past IPO price on third trading day Read More »

By Zaheer Kachwala, Medha Singh and Suzanne McGee (Reuters) -Shares of conservative news outlet Newsmax soared another 180% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange. The stock has been popular with retail investors, remaining the top trending ticker on retail investor-focused social media stocktwits.com …

Conservative cable news channel Newsmax surges another 180% a day after stunning debut Read More »

By Howard Schneider WASHINGTON (Reuters) -Lackluster new U.S. jobs data and a weak report on manufacturing highlight an emerging concern among Federal Reserve officials that employment could slip even as the risk of a tariff-driven round of inflation limits their ability to do anything about it. New data from Intuit’s Small Business Index, compiled from …

Weaker jobs signal, stronger prices highlight potential Fed dilemma Read More »