Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA says
SAO PAULO/MEXICO CITY (Reuters) – E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into…
2025
Anthropic to raise $2 billion in deal valuing AI startup at $60 billion, WSJ says
(Reuters) -AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at…
Trump wants to extend US debt ceiling, says he doesn’t want to see a default
PALM BEACH, Florida (Reuters) -President-elect Donald Trump said on Tuesday that he wants the U.S. Congress to extend the nation’s…
U.S. Steel, Nippon sue Biden administration over decision to block merger
By Alexandra Alper, Aatreyee Dasgupta WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked Nippon Steel’s $14.9 billion bid for U.S….
American Airlines back in ‘Big 3’ carriers, brokerages predict strong 2025
By Shivansh Tiwary (Reuters) -American Airlines’ stock is poised for a strong 2025 as the carrier emerges from a challenging…
US companies rush to bond market in fundraising flurry
By Matt Tracy (Reuters) – U.S. companies rushed to the corporate bond markets on Monday as what is usually a…
AI-influenced shopping boosts online holiday sales, Salesforce data shows
(Reuters) – Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season, boosting online sales in…
Explainer-What happens after the TikTok ban?
By Sheila Dang (Reuters) – The U.S. Supreme Court will hear arguments on Friday from TikTok and its China-based owner…
Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand
By Jaspreet Singh (Reuters) -Lucid beat expectations for quarterly deliveries, as the Saudi Arabia-backed maker of luxury electric vehicles lowered…
Gemini agrees to $5 million fine, injunction over CFTC charges, filing shows
NEW YORK (Reuters) -Gemini Trust Company agreed to pay a civil penalty of $5 million to settle U.S. Commodity Futures…