(This November 17 story is repeated without any changes to the text) By Dietrich Knauth NEW YORK (Reuters) -A Tennessee state court judge temporarily blocked on Monday Republican Governor Bill Lee’s deployment of National Guard troops to the city of Memphis, ruling that the use of troops was likely not legal under the state’s militia…
Be the First to Know When the Market Moves What Could Move Markets This Week? As traders eye inflation, earnings, and central bank sentiment, this report highlights what may shape market momentum over the next 72 hours. Consider this your early access pass to market-moving catalysts—before headlines catch up. 1. Big Tech Earnings Take the…
ZURICH (Reuters) -Novartis will expand its operations in North Carolina and build a manufacturing hub there as part of a planned $23 billion of U.S. infrastructure investment over the next five years, the Swiss pharmaceuticals company said on Wednesday. The expansion is projected to create 700 new positions at Novartis and more than 3,000 indirect…
By Karen Freifeld (Reuters) -The U.S. Justice Department has charged four people in a scheme to illegally export Nvidia AI chips to China, prompting a key House Republican to call for urgent passage of a chip-tracking bill on Thursday. “China recognizes the superiority of American AI innovation and will do whatever it must to catch…
WASHINGTON (Reuters) -The U.S. Bureau of Labor Statistics said on Friday it had canceled the release of October’s consumer price report because the recently ended government shutdown had prevented the collection of data. “BLS is unable to retroactively collect these data. For a few indexes, BLS uses nonsurvey data sources instead of survey data to…
By Dawn Chmielewski and Chris Sanders (Reuters) -Paramount Skydance, Comcast and Netflix are bidding to buy Warner Bros Discovery, Reuters reported on Thursday, but each company’s bid faces its own political and regulatory risks. Factors to watch include market share imbalances each bidder could bring, investors and public comments by U.S. President Donald Trump or his…
TAIPEI (Reuters) -The United States confirmed the sale to Taiwan of an advanced missile system worth almost $700 million which has been battle-tested in Ukraine, its second weapons package in a week bringing the total of $1 billion, and reaffirmed support for Taipei. In the Indo-Pacific region, only Australia and Indonesia now operate the system,…
By Nora Eckert DETROIT (Reuters) -Ford Motor on Friday stood by its annual EBIT guidance of $6 billion to $6.5 billion for this year following another fire this week at aluminum supplier Novelis’ New York plant. Ford’s stock rose about 4% during Friday’s session, extending gains after the automaker reaffirmed the outlook it had already…
By Tom Balmforth and Anastasiia Malenko LONDON/KYIV (Reuters) -The U.S. has signalled to President Volodymyr Zelenskiy that Ukraine must accept a U.S.-drafted framework to end the war with Russia that proposes Kyiv giving up territory and some weapons, two people familiar with the matter said on Wednesday. The sources, who asked not to be identified…
(Reuters) -British boot brand Dr Martens warned on Thursday its full-year results would be hit by U.S. import tariffs, sending its shares down as much as 11% despite assurances that it would absorb the costs fully from the year after. The company, known for its chunky lace-up boots, said it expected to manage around half…
