By Karen Brettell (Reuters) -The U.S. Treasury Department on Friday asked primary dealers for input regarding how it should rebuild…
Kraft Heinz is planning a breakup, WSJ reports
(Reuters) -Packaged food maker Kraft Heinz is preparing to break itself up, the Wall Street Journal reported on Friday, citing…
Trump’s copper tariffs pile more metal misery on US auto industry
By Nick Carey and Nora Eckert LONDON/DETROIT (Reuters) -U.S. President Donald Trump’s threat of a 50% tariff on copper imports…
GM-backed EnergyX buys lithium-rich acreage in US Smackover formation
(Reuters) -EnergyX, the lithium technology startup backed by General Motors, has bought 35,000 acres in the Smackover formation from Pantera…
Automakers push EV sales as $7,500 US tax credit is set to end
By Nora Eckert and Abhirup Roy DETROIT (Reuters) -Automakers are urging customers to snap up electric vehicles before a $7,500…
Musk-owned X’s CEO Yaccarino to step down in surprise move
By Akash Sriram, Jaspreet Singh and Greg Bensinger (Reuters) -Linda Yaccarino, one of Elon Musk’s top deputies as CEO of…
ASML scraps inclusion and diversity targets in the US
By Nathan Vifflin AMSTERDAM (Reuters) -Dutch semiconductor equipment supplier ASML has dropped its inclusion and diversity targets in the U.S.…
Nvidia becomes first company to hit $4 trillion in market value
(Reuters) -Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world…
Trump tariffs give watch sellers a hard time in Swiss hub
By Marleen Kaesebier LUCERNE, Switzerland (Reuters) -Swiss watch sellers in Lucerne have endured a tough three months since U.S. President…
Analysis-Musk faces a daunting path in challenging US two-party system
By James Oliphant and Bo Erickson WASHINGTON (Reuters) -Building a new U.S. political party from scratch is a daunting task,…