Automakers warn new Trump tariffs will boost costs, cut vehicle sales
WASHINGTON (Reuters) – A group representing General Motors Toyota, Volkswagen and other major automakers warned new 25% tariffs President Donald…
Author: Trading Reports Daily
Exclusive-Blackstone evaluates taking a stake in US TikTok spinoff
By Dawn Chmielewski, Katie Paul and Kane Wu (Reuters) – Private equity firm Blackstone is evaluating taking a small minority…
Trump EPA invites companies to seek exemptions from air rules by email
WASHINGTON (Reuters) – The Trump administration invited companies to email the Environmental Protection Agency to seek presidential exemptions from nine…
Trade war’s impact on growth extremely detrimental, ECB says
BRUSSELS (Reuters) – A trade war with the United States could have a fleeting impact on euro zone inflation but…
Walgreen to pay more than $2.85 million to settle US overbilling charges
(Reuters) -Walgreen will pay more than $2.85 million to settle whistleblower allegations that the pharmacy overbilled Medicaid programs in Georgia…
GameStop shares tumble as investors question bitcoin pivot
By Lisa Pauline Mattackal (Reuters) – Shares of GameStop fell more than 15% on Thursday after the company’s plan to…
Microsoft pulls back from more data center leases in US and Europe, analysts say
(Reuters) -Microsoft has abandoned data center projects set to use 2 gigawatts of electricity in the U.S. and Europe in…
Rubio to engage with Jamaica over Cuban doctor program after visa threats
By Humeyra Pamuk and Sarah Morland KINGSTON (Reuters) – U.S. Secretary of State Marco Rubio on Wednesday said that he…
OpenAI does not expect to be cash-flow positive until 2029, Bloomberg News reports
(Reuters) – OpenAI is not expecting its cash flow to turn positive until 2029, Bloomberg News reported on Wednesday, citing…
Boeing-Lockheed’s Vulcan cleared to launch US national security satellites
WASHINGTON (Reuters) -The U.S. Space Force said on Wednesday it has cleared Boeing and Lockheed Martin’s Vulcan rocket to launch…