By Jody Godoy (Reuters) – The U.S. Department of Justice launched a deregulatory task force on Thursday to advocate against regulations that could harm competition, especially in markets that affect consumers such as agriculture, housing, transportation, healthcare and energy. The DOJ’s Anticompetitive Regulations Task Force will gather public comment from businesses, consumers and advocacy groups …
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits slipped last week, while the jobless rate appeared to have held steady in March. Initial claims for state unemployment benefits fell 1,000 to a seasonally adjusted 224,000 for the week ended March 22, the Labor Department said on Thursday. Economists polled by …
By Iain Withers LONDON (Reuters) – The owner of London’s landmark “Can of Ham” building has rejected a higher offer from Blackstone of about 330 million pounds ($426.92 million) for the property, with Nuveen betting on an improving appetite for European real estate assets, a source close to the matter said. The 21-storey building at …
By Anna Tong SAN FRANCISCO (Reuters) – Two former Meta artificial intelligence executives have raised $15 million for Yutori, a startup that will develop AI personal assistants, the company said on Thursday. The round was led by Rob Toews at Radical Ventures, with participation from other investors like Felicis, “AI godmother” Fei-Fei Li, and Google …
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LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Donald Trump’s 25% auto tariff announcement late on Wednesday ripped across world stock markets overnight, but Wall Street futures held the line ahead of today’s bell as investors questioned just how much more tariff pain …
By Maria Martinez BERLIN (Reuters) -Protectionist tendencies are complicating foreign business for German companies, particularly in the United States, and postponing a recovery in exports, a survey by the German chamber of commerce DIHK showed on Thursday. “The growing trade barriers and protectionist signals from Washington are causing great concern for our companies,” said Volker …
Trade barriers hinder German companies, exports, survey shows Read More »
NEW DELHI (Reuters) -India’s state-run product certification agency said it raided the Delhi warehouses of e-commerce giants Amazon and Flipkart this month, seizing items that did not meet quality control standards, as it increased its scrutiny of the two firms. The Bureau of Indian Standards said last week it conducted similar searches at the companies’ …
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By May Angel, Marcelo Teixeira and Jessica DiNapoli LONDON/NEW YORK (Reuters) – If your favourite coffee beans have vanished from the shelves, don’t worry – they will return soon. The bad news is they will be up to 25% more expensive. Roasters such as Lavazza, Illy, Nestle and Douwe Egberts maker JDE Peet’s are currently …
Coming to a store near you: double-digit coffee price hikes Read More »
(Reuters) -UnitedHealth Group has removed most mentions of its diversity, equity and inclusion (DEI) policies from its website, TechCrunch reported on Wednesday. It was not clear whether the health insurer pulled down the pages to represent a shift in terminology or an actual change in its policies, the report said. “We comply with existing and …
UnitedHealth has scrapped mentions of DEI from website, TechCrunch reports Read More »
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms’ WhatsApp on Thursday got the backing of an adviser to Europe’s top court in its fight against the EU privacy watchdog, which had ordered the Irish data protection authority to jack up a fine four years ago for privacy breaches. The Irish enforcer fined WhatsApp 225 …
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