(Reuters) -Amazon.com eliminated a reference to “inclusion and diversity” in its annual report filed on Thursday, after telling employees in December that it was winding down diversity programs as part of corporate America’s broader retreat from such policies. Some of the biggest U.S. businesses have been scaling back their diversity initiatives, years after pushing for…
By Lydia Morrish (Reuters) – Several major news outlets including Politico and the Associated Press have rejected unsubstantiated accusations by President Donald Trump and right-wing influencers that the U.S. Agency for International Development paid millions of taxpayer dollars to newsrooms in exchange for coverage favoring the Democratic Party. Trump wrote on social media on Thursday:…
(Reuters) – Trump Media and Technology Group said on Thursday it has applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors. The trademarks include Truth.Fi Bitcoin Plus ETF, Truth.Fi Made in America ETF, and Truth.Fi U.S. Energy Independence ETF. Trump Media and Technology Group (TMTG) is yet to…
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff uncertainty threatening supplies of heavy sour grades from Canada and Mexico. U.S. President Donald Trump on Saturday announced…
WASHINGTON (Reuters) -Agents working for billionaire Elon Musk have accessed highly restricted government records on millions of federal employees maintained by the Office of Personnel Management, the Washington Post reported on Thursday, citing four U.S. officials with knowledge of the developments. The records accessed by Musk’s Department of Government Efficiency (DOGE) included Treasury and State…
By Steve Holland and Nandita Bose WASHINGTON (Reuters) -U.S. President Donald Trump will meet with the CEOs of U.S. Steel and FedEx on Thursday, White House officials said. Nippon Steel’s bid to acquire U.S. Steel was blocked last month by then-President Joe Biden, citing national security concerns. U.S. Steel CEO David Burritt has appealed to…
WASHINGTON (Reuters) – U.S. Defense Secretary Pete Hegseth said on Wednesday that the Pentagon was prepared to look at all options when it came to Gaza, a day after President Donald Trump said that he would like the U.S. to take control of and redevelop the Gaza Strip. “I would just say, on the question…
By Shankar Ramakrishnan NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk’s $44 billion acquisition of Twitter, now called X, in 2022, said a source with knowledge of the deal. The acquisition was funded by a $6.5 billion secured term…
(Reuters) – UnitedHealth has reached out to the U.S. Securities and Exchange Commission about billionaire investor Bill Ackman’s now-deleted post on social media platform X that said he would take a short position in the healthcare conglomerate. WHY IT’S IMPORTANT “If I still shorted stocks, I would short United Healthcare,” Ackman said in his post,…
By Kenrick Cai SAN FRANCISCO – Alphabet’s Google on Wednesday announced updates to its Gemini family of large language models, including a new product line with competitive pricing to low-cost artificial intelligence models like that of Chinese rival DeepSeek. The tech giant offers several versions of Gemini that vary in price and performance. It already…
