By Sarah N. Lynch and Andy Sullivan WASHINGTON (Reuters) -President Donald Trump’s Justice Department scrambled on Tuesday to answer questions…
US FTC demands better policing of ‘Made in USA’ online sales claims
By Jonathan Stempel (Reuters) -The U.S. Federal Trade Commission on Tuesday called on Amazon.com and Walmart to crack down on…
Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source says
By Elisa Anzolin and Juby Babu (Reuters) -Meta Platforms has acquired a nearly 3% stake in eyewear maker EssilorLuxottica, a…
Rubio to make first visit to Asia for ASEAN meeting
By Daphne Psaledakis and David Brunnstrom WASHINGTON (Reuters) -U.S. Secretary of State Marco Rubio will visit Malaysia later this week…
Bondholders, bidders ready objections to Gold Reserve group’s Citgo bid
By Marianna Parraga HOUSTON (Reuters) -Lawyers representing holders of a defaulted Venezuelan bond and some bidders that participated in a…
Fed paper says risk of falling back to near zero rates still in play
By Michael S. Derby (Reuters) -The prospect of the Federal Reserve once again setting its short-term interest rate target at…
BRICS tariff to be applied only if they adopt policies deemed ‘anti-American’, source says
By Andrea Shalal WASHINGTON (Reuters) -The Trump administration will not immediately impose a new 10% tariff against members of the…
US trade deficit widens in May on weak exports
WASHINGTON (Reuters) -The U.S. trade deficit widened sharply in May as exports fell, but subsiding imports suggested trade could still…
J.P.Morgan wary of stablecoin’s trillion-dollar growth bets, cuts them by half
By Rashika Singh (Reuters) -J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections…
UPS to offer voluntary buyout packages to its US drivers
(Reuters) -Parcel giant UPS said on Thursday it will offer voluntary buyouts to its full-time U.S. drivers as part of…