(Reuters) -China’s TikTok is considering separating from parent ByteDance to help address U.S. concerns about national security risks, Bloomberg News reported on Tuesday, citing people familiar with the matter. A…
By Stephanie Kelly (Reuters) – U.S. senators reintroduced a bipartisan bill on Tuesday that would allow nationwide sales of gasoline with a higher blend of ethanol year-round, as a second…
(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Signature Bank, the Financial Times reported on Tuesday. Knopp said…
RIO DE JANEIRO (Reuters) – An executive at Brazilian state development bank BNDES said on Tuesday the bank aims to pay out the equivalent of 2% of the country’s Gross…
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission said on Tuesday that IT services firm DXC Technology had made misleading disclosures about its non-GAAP financial performance in…
(Reuters) -Creditors of Silicon Valley Bank’s parent company have formed a group in anticipation of a potential bankruptcy filing, the Wall Street Journal reported on Tuesday, citing people familiar with…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A sense of calm returned to markets on Tuesday as investors rediscovered some…
(Reuters) -Homebuilder Lennar Corp on Tuesday reported a better-than-expected quarterly profit as high property prices helped offset supply shortages caused by rising material costs and a labor crunch. Shares of…
By Jessica DiNapoli NEW YORK (Reuters) – Dollar Tree Inc has stopped selling eggs in its Dollar Tree stores, a spokesperson for the U.S. retailer confirmed late Tuesday, as the…
By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares stemmed a five-session rout on Tuesday as bank shares rebounded and closely-watched U.S. inflation data was in line with…
CHICAGO (Reuters) – Southwest Airlines Co is tapping a software company called SureWeather, which rival United Airlines employs, to make its winter operations more resilient, Chief Operating Officer Andrew Watterson…
By David Shepardson (Reuters) -General Motors said on Tuesday its Silao Assembly Plant in Mexico that makes Chevrolet and GMC pickup trucks will extend a production halt through March 20 because…
LONDON/NEW YORK (Reuters) – The health of the global banking sector as interest rates rise remained in the spotlight on Tuesday but investors appeared to take heart that the risk…
By Tom Polansek CHICAGO (Reuters) -Tyson Foods Inc will close two U.S. chicken plants with almost 1,700 employees on May 12, the company said on Tuesday. The closures show the…
By Herbert Lash NEW YORK (Reuters) -The dollar traded little changed on Tuesday after strong consumer price data revived the likelihood that the Federal Reserve will hike interest rates next…
By Jacqueline Thomsen (Reuters) -Satellite provider DirecTV on Tuesday sued Nexstar Media Group Inc and two other television station owners in Manhattan federal court, claiming they violated antitrust law by…
(Reuters) -The Federal Deposit Insurance Corp said its withdrawal of a record $40 billion in U.S. Treasury Funds on Friday as it seized control of Silicon Valley Bank will not…
(Reuters) -Canada’s Ritchie Bros Auctioneers said on Tuesday its shareholders voted in favor of its $7 billion acquisition of U.S. auto retailer IAA Inc, according to a preliminary tally. The…
By Elizabeth Howcroft LONDON (Reuters) – Britain’s NatWest has imposed new limits on the daily and monthly amount customers can send to cryptocurrency exchanges, seeking to protect consumers from “crypto-criminals”,…
By Kylie MacLellan LONDON (Reuters) -Britain’s National Cyber Security Centre is reviewing whether Chinese-owned video app TikTok should be banned from government phones, security minister Tom Tugendhat said on Tuesday.…
WASHINGTON (Reuters) – The U.S. Treasury’s actions to protect depositors in failed banks SVB Financial and Signature Bank will not affect the date on which the Treasury may no longer…
By Miguel Lo Bianco and Claudia Martini SAN FERNANDO, Argentina (Reuters) – Argentina’s annual inflation rate tore past 100% in February, the country’s statistics agency said on Tuesday, the first…
By Nichola Groom (Reuters) – U.S. customs officials have released more than a third of the electronic equipment, including solar panels, detained since last year under a new law meant…
By Scott DiSavino NEW YORK (Reuters) -Oil prices dropped over 4% to a three-month low on Tuesday after a U.S. inflation report and the recent U.S. bank failures sparked fears…
BUENOS AIRES (Reuters) – Argentina’s annual inflation rate shot past 100% in February, the country’s statistics agency said on Tuesday, the first time it has reached triple digits since 1991…