Business News

(Reuters) – A federal committee on Tuesday recommended imposing royalties on U.S. hardrock mining for the first time, a move it said could increase domestic production by providing funds for …

By Katherine Masters NEW YORK (Reuters) -Nike investors voted against two shareholder-led proposals during the sportswear giant’s annual meeting on Tuesday, according to a preliminary tally by the company. One …

AMSTERDAM (Reuters) -The Dutch financial markets watchdog said on Monday an investigation had revealed that Goldman Sachs held a large gross short position in healthcare equipment maker Philips on Aug. …

(Reuters) – The U.S. exported more liquefied natural gas (LNG) than any other country in the first six months of 2023, regaining the top spot after the restart of a …

By David Shepardson WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo expected to meet with the chief executives of major American companies this week, two weeks after a trip to …

By Scott DiSavino NEW YORK (Reuters) – Oil prices jumped about 2% to a near 10-month high on Tuesday on a tighter supply outlook and OPEC optimism over the resilience …

By Chuck Mikolajczak NEW YORK (Reuters) – The yen retreated on Tuesday, coming off its biggest one-day percentage rise since mid-July as the currency strengthened on comments from Japan’s top …

BRASILIA (Reuters) – The Brazilian government expects cuts of at least 50 basis points in the central bank’s benchmark interest rate over the remaining three meetings this year, aiming to …

(Reuters) – Airlines and aerospace suppliers are expected to take a hit after RTX Corp said on Monday 600-700 engines on Airbus A320neo jets need to be inspected for quality …

By Chibuike Oguh NEW YORK (Reuters) – Shares of Northern Trust Corp fell by more than 9% to their lowest level in nearly a month on Tuesday after the custodian …

By Blake Brittain and Katie Paul (Reuters) – A group of writers including Pulitzer Prize winner Michael Chabon sued Meta Platforms in San Francisco federal court on Tuesday, accusing the …

PARIS (Reuters) – The French economy is on course for meagre growth in the third quarter boosted by the manufacturing, energy and services sectors, the central bank forecast on Tuesday. …

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. stock market could be set for a rocky second half of September, particularly the week after the September 15 monthly …

BERLIN (Reuters) – Germany’s debt has grown since 2019 due to the pandemic and the war in Ukraine but the pattern will change this year, German Finance Minister Christian Lindner …

Spirit Halloween, a popular seasonal retailer, has expanded its footprint across New Jersey with a wide selection of Halloween costumes, decorations, and accessories. The chain, which operates over 1,500 stores …

By Lisa Baertlein and Priyamvada C (Reuters) -United Parcel Service’s new five-year deal with Teamsters-represented workers will cost less than the $30 billion that was outlined by the union, the …

By John Kruzel WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau is currently pursuing nearly two dozen lawsuits accusing prominent defendants including Fifth Third Bank, TransUnion and Moneygram of …

By David Shepardson WASHINGTON (Reuters) – Korean automakers Hyundai Motor and Kia Corp on Tuesday asked a U.S. judge to reject lawsuits filed by 17 cities for failing to install …

By Valerie Insinna WASHINGTON (Reuters) – Boeing delivered 35 planes in August, its lowest number since April, as it struggles with time-consuming work needed to correct a manufacturing defect on …

By Bansari Mayur Kamdar and Shashwat Chauhan (Reuters) -European shares fell on Tuesday, dragged down by German software maker SAP following a weak forecast from U.S. tech firm Oracle, while …

VLADIVOSTOK, Russia (Reuters) – Russian President Vladimir Putin on Tuesday hailed South African-born businessman Elon Musk as an “outstanding person” and businessman whose SpaceX company had become a major player …

(Reuters) -Activist investor Starboard Value said on Tuesday that GoDaddy Inc was “deeply” undervalued and that the web services firm should consider a potential sale if it cannot improve its …

By Steven Scheer JERUSALEM (Reuters) -Israel’s central bank is pushing forward with plans to issue a digital shekel, citing the need to improve the country’s payment systems, but on Tuesday …

By Carolina Mandl NEW YORK (Reuters) – Big U.S. public companies should start disclosing their exposure to China as part of a pilot program to allow investors and policymakers to …

By Nupur Anand NEW YORK (Reuters) – Wells Fargo could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike Santomassimo said on Tuesday. The …