Reuters US Business

By Bhanvi Satija and Patrick Wingrove (Reuters) – Johnson & Johnson has laid out plans to raise U.S. investments by 25% to more than $55 billion over the next four years, as a threat of drug import duties by the Trump administration compels companies to expand their manufacturing operations domestically. The pharmaceutical giant said on …

J&J boosts US investments by 25% over 4 years amid looming tariff threats Read More »

(Reuters) – Carnival Corp on Friday raised its annual profit forecast on resilient customer spending even as it warned of “heightened macroeconomic volatility” amid escalating trade wars. Although customers have been more than willing to book premium voyages and splurge on board, U.S. President Donald Trump’s recent tariff policies could increase inflation further and hinder …

Carnival raises annual profit forecast on strong cruise demand, warns of volatility Read More »

By Andrea Shalal WASHINGTON (Reuters) – U.S. President Donald Trump’s push to rebuild U.S. shipbuilding is finding rare bipartisan support from Americans, with 72% saying the U.S. cannot remain dependent on China and other foreign producers to build ships, a poll released Friday showed. The survey of 2,204 adults, conducted by Morning Consult for the …

Most Americans back Trump push to rebuild US shipbuilding to better compete with China, poll shows Read More »

By David Shepardson WASHINGTON (Reuters) -The head of the U.S. Secret Service met with General Motors executives this week in Michigan to discuss next-generation armored SUVs as the automaker works on the upcoming version of the presidential limousine, the agency said Friday. The Secret Service said on X that Director Sean Curran met with GM …

US Secret Service meets with GM execs on next-generation armored SUVs Read More »

By Hannah Lang and Elizabeth Howcroft (Reuters) – Tether, the creator of the world’s largest stablecoin, is “engaging with a Big Four accounting firm” as it pushes for a long-awaited audit of its reserves, an effort CEO Paolo Ardoino said will be easier under U.S. President Donald Trump. Tether has issued more than $140 billion …

Tether is in talks with ‘Big Four’ firm about reserve audit, CEO says Read More »

By Ross Kerber (Reuters) – JPMorgan Chase & Co said its asset management unit has left a flagship industry climate effort, a blow to the group that had paused operations in January in an effort to halt defections amid political pressure from U.S. Republicans. A statement sent by a representative of the unit known as …

Exclusive-JPMorgan asset management unit quits industry climate coalition Read More »