(Reuters) -President Donald Trump’s administration is aiming to construct the largest federal migrant detention facility in the United States on…
Block raises annual profit forecast on resilient consumer spending; shares jump
(Reuters) -Block reported a rise in second-quarter income and raised its expectations for annual gross profit on Thursday, as the…
Citigroup hires JPMorgan’s Baygual as co-head of M&A, memo shows
(Reuters) -Citigroup has appointed JPMorgan Chase’s Guillermo Baygual as co-head of mergers and acquisitions, according to an internal memo seen…
Brazil auto exports to jump driven by Argentina; tariffs affect local sales
By Alberto Alerigi SAO PAULO (Reuters) -Brazil’s auto exports are set to grow much more than previously expected in 2025,…
Trump says drop in energy prices will prompt Putin to ‘stop killing people’
WASHINGTON (Reuters) -U.S. President Donald Trump on Tuesday said declining energy prices could pressure Russian President Vladimir Putin to halt…
Wells Fargo downgrades US small-cap equities to ‘unfavourable’
(Reuters) -Wells Fargo Investment Institute on Tuesday downgraded U.S. small-cap equities to “unfavorable” from “neutral”, pointing to its heavy tariff…
OpenAI releases open-weight reasoning models optimized for running on laptops
By Anna Tong and Greg Bensinger SAN FRANCISCO (Reuters) -OpenAI said on Tuesday it has released two open-weight language models…
US judge blocks Trump administration from diverting disaster prevention grants
(Reuters) -A federal judge on Tuesday issued a preliminary injunction blocking the Trump administration from diverting money funds from a…
Lyft, China’s Baidu to launch robotaxi service in Europe next year
By Akash Sriram (Reuters) -U.S. ride-hailing company Lyft said on Monday it will partner with China’s Baidu to deploy robotaxis…
US could require up to $15,000 bonds for some tourist visas under pilot program
By Ted Hesson WASHINGTON (Reuters) -The U.S. could require bonds of up to $15,000 for some tourist and business visas…