By David Lawder WASHINGTON (Reuters) – The U.S. Trade Representative’s office has proposed charging up to $1.5 million for Chinese-built…
Month: February 2025
Bankrupt crafts retailer Joann closing all stores
By Dietrich Knauth NEW YORK (Reuters) – Crafts retailer Joann Inc plans to close all of its stores in bankruptcy,…
JPMorgan sets aside $50 billion more for direct lending push
(Reuters) – JPMorgan Chase said on Monday it was setting aside another $50 billion for its direct lending push, as…
Uber CEO Khosrowshahi supports Trump’s push to eliminate taxes on tips
(Reuters) – Uber’s CEO Dara Khosrowshahi said on Friday that both he and the ride-hailing firm are supportive of U.S.…
IRS blocks Musk aide from accessing taxpayer data
By Nathan Layne (Reuters) – The U.S. Internal Revenue Service has blocked a key aide to tech billionaire Elon Musk…
Franklin Templeton files for Solana ETF as crypto interest expands beyond bitcoin
(Reuters) – Franklin Templeton filed for an exchange-traded fund on Friday that will track the spot price of Solana, reflecting…
Trump to use CFIUS to restrict Chinese investments in strategic areas, White House official says
By Steve Holland WASHINGTON (Reuters) -President Donald Trump will sign a memorandum on Friday that will direct the Committee on…
Leonardo finds new partner for aerostructures unit after Boeing issues
ROME (Reuters) – Italy’s Leonardo has identified a new industrial partner for its aerostructures unit which has been hit by…
Netflix to invest $1 billion in Mexico over next 4 years
By Sarah Morland MEXICO CITY (Reuters) – The chief executive of streaming giant Netflix on Thursday announced a $1 billion…
PepsiCo joins major US companies in tweaking DEI policies
By Ananya Mariam Rajesh (Reuters) – PepsiCo has joined the growing list of major U.S. companies that are making changes…