(Reuters) -A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the…
Trump administration seeks to block food aid funding order
(Reuters) -The Trump administration asked a federal appeals court to block a judge’s order that the U.S. Department of Agriculture…
Ford considers scrapping F-150 EV truck, WSJ reports
(Reuters) -Ford executives are considering scrapping the electric version of the F-150 pickup truck, the Wall Street Journal reported on…
US Senate blocks resolution that would have kept Trump from striking Venezuela
By Patricia Zengerle WASHINGTON (Reuters) -U.S. Senate Republicans blocked a resolution on Thursday that would have prevented President Donald Trump…
Fed right to cut rates to support job market, Musalem says
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of St. Louis President Alberto Musalem said on Thursday the…
Monster Beverage beats quarterly results estimates on strong demand for sugar-free energy drinks
(Reuters) -Monster Beverage beat Wall Street estimates for third-quarter revenue and profit on Thursday, helped by resilient demand for its…
Microchip forecasts quarterly net sales below estimates as inventory clearing weighs
(Reuters) -Microchip Technology forecast third-quarter net sales below Wall Street estimates on Thursday, indicating tepid demand for its chips as…
Chinese firm signs $5.2 billion of agricultural deals with traders including Cargill, LDC
BEIJING (Reuters) -Chinese supply chain operator and property developer Xiamen C&D said on Thursday it had signed contracts totalling over…
Exclusive-Nvidia-backed Vast Data inks $1.17 billion AI deal with CoreWeave
By Krystal Hu (Reuters) -AI startup Vast Data has signed a $1.17 billion commercial agreement with cloud provider CoreWeave, extending…
CarMax’s longtime CEO Bill Nash to depart, shares drop
(Reuters) -CarMax’s CEO Bill Nash is stepping down by end of the month, the preowned car retailer said on Thursday,…