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WASHINGTON (Reuters) -U.S. President Donald Trump said on Monday he would support the arrest of California Governor Gavin Newsom over possible obstruction of his administration’s immigration enforcement measures, amid protests in the state. Trump border czar Tom Homan threatened on Saturday to arrest anyone who obstructed enforcement efforts in the state, including Newsom and Los…
By Ross Kerber and Niket Nishant (Reuters) -A lawyer for BlackRock said on Monday that Republican states’ claim that asset managers violated antitrust law through industry climate groups was not “plausible,” as the firms pressed to have the case dismissed. But a lawyer for the states, which include Texas and 12 others, told the U.S….
(Reuters) -Merck’s oral cholesterol pill succeeded in two late-stage studies, marking a win for the drugmaker as it focuses on the development of growth drivers beyond its cancer drugs and vaccines. The company is searching for its next blockbuster candidate as its major revenue driver, Keytruda, is expected to lose patent protection by the end…
WASHINGTON (Reuters) -One of the two Democratic commissioners at the U.S. Federal Trade Commission who has challenged his firing by President Donald Trump said on Monday he was stepping down. Alvaro Bedoya said he would step down to comply with ethics rules but will remain a plaintiff in a lawsuit challenging his dismissal. “I love…
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By Juveria Tabassum (Reuters) -Dollar General raised its annual targets after beating estimates for quarterly profit and same-store sales and said more consumers across income groups came in to shop at its stores amid tariff-related uncertainty and still-high inflation. The forecast lift took the company’s shares up 14% on Tuesday and came in sharp contrast…
By Dietrich Knauth NEW YORK (Reuters) -A U.S. judge dismissed the state of California’s challenge to President Donald Trump’s tariffs, allowing the state to file an appeal over the court’s ruling that the dispute should have been filed in a specialized U.S. trade court in New York. The ruling, handed down late on Monday by…
By Arsheeya Bajwa (Reuters) -Palantir Technologies has succeeded where most tech stocks have struggled this year: staying hot in a cooling market. The company’s military-grade AI tools along with its deep defense ties and high-level government connections at a time when the U.S. is boosting spending on defense software have helped investors raise the bets…
(Reuters) -JPMorgan Chase has given Marianne Lake, widely seen as a potential successor to CEO Jamie Dimon, the additional responsibility of managing its overseas consumer banking arm and strategic growth office, according to an internal memo on Tuesday. The change comes as incumbent Sanoke Viswanathan resigned as the CEO of JPMorgan’s international consumer and wealth…
