(Reuters) – Warner Bros Discovery is shutting down three of its videogame development studios in a move aimed at boosting…
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Trump orders new tariff probe into US copper imports
By David Lawder, Andrea Shalal WASHINGTON (Reuters) -President Donald Trump opened yet another front on Tuesday in his assault on…
Lucid CEO to step down, company expects vehicle production to more than double this year
(Reuters) -Electric-vehicle maker Lucid Group said on Tuesday its Chief Executive Officer Peter Rawlinson will step down from the role,…
McDonald’s brushes off surcharges on eggs to attract customers
(Reuters) – McDonald’s said on Tuesday it would not impose any surcharges when serving eggs as part of its meals…
Oil trade group pushes US for national ethanol policy after EPA okays Midwest expansion
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – The American Petroleum Institute trade group on Monday pressed for…
USTR proposes charging Chinese ships up to $1.5 million to enter US ports
By David Lawder WASHINGTON (Reuters) – The U.S. Trade Representative’s office has proposed charging up to $1.5 million for Chinese-built…
Bankrupt crafts retailer Joann closing all stores
By Dietrich Knauth NEW YORK (Reuters) – Crafts retailer Joann Inc plans to close all of its stores in bankruptcy,…
JPMorgan sets aside $50 billion more for direct lending push
(Reuters) – JPMorgan Chase said on Monday it was setting aside another $50 billion for its direct lending push, as…
Uber CEO Khosrowshahi supports Trump’s push to eliminate taxes on tips
(Reuters) – Uber’s CEO Dara Khosrowshahi said on Friday that both he and the ride-hailing firm are supportive of U.S.…
IRS blocks Musk aide from accessing taxpayer data
By Nathan Layne (Reuters) – The U.S. Internal Revenue Service has blocked a key aide to tech billionaire Elon Musk…