By AJ Vicens and Raphael Satter DETROIT (Reuters) – U.S. authorities have in recent weeks begun releasing seized Chinese-made equipment…
AutoZone misses quarterly revenue estimates on inflation, currency rates
(Reuters) – AutoZone on Tuesday missed Wall Street estimates for second-quarter revenue, as the automotive parts retailer navigated headwinds due…
Exclusive-Elliott nominates 7 directors at Phillips 66, ratchets up pressure
By Svea Herbst-Bayliss NEW YORK (Reuters) – Elliott Investment Management nominated seven directors to Phillips 66’s board, laying the groundwork…
Parts of US Treasury market show concern about Fed rate-cutting pause
By Karen Brettell NEW YORK (Reuters) – Parts of the U.S. Treasury yield curve are reflecting increasing concerns that the…
Storm clouds gather over US economy as Trump kicks off trade war
By Howard Schneider WASHINGTON (Reuters) – A U.S. economy praised for its surprising resilience to a pandemic, high inflation, and…
Trump deregulation push boosts appeal of swap spread wideners in bond market
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -A potential move by the Federal Reserve to ease regulations on capital for U.S.…
Apple appeals to overturn UK government’s ‘back door’ order, FT reports
(Reuters) -Apple has appealed a British government order to create a “back door” in its most secure cloud storage systems,…
US CHIPS Act office lays off about a third of its staff, sources say
WASHINGTON (Reuters) – About one-third of the staff in the U.S. Commerce Department office overseeing $39 billion of manufacturing subsidies…
JP Morgan sees copper prices at $11,000/mt in 2026, 10% tariffs by late 3Q25
(Reuters) – JP Morgan expects the global deficit in refined copper to grow to 160,000 metric tons in 2026 and…
Factbox-Intel’s divisions in spotlight as TSMC, Broadcom circle
(Reuters) – Intel rivals Taiwan Semiconductor Manufacturing Co and Broadcom are reportedly exploring potential deals that could split the storied…