Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
By Tom Polansek and Juveria Tabassum (Reuters) – Smithfield Foods does not plan to close more U.S. pork processing plants,…
Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions…
Trump fires officials who worked for prosecutor Jack Smith, Fox News reports
WASHINGTON (Reuters) -The Justice Department is firing more than a dozen officials who worked on Special Counsel Jack Smith’s cases…
Mercedes-Benz expects higher margin on car division in fourth quarter, analysts say
(Reuters) – Mercedes-Benz told investors on Monday it expected the adjusted margin of its passenger car division to be above…
Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US
By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton…
Meta to test ads on Threads in US and Japan
(Reuters) – Meta Platforms will begin test launching ads on its social media platform Threads with a few brands in…
Amazon Prime Video shifts focus to live sports to boost profits, The Information reports
(Reuters) – Amazon’s Prime Video has shifted its strategic focus towards live sports and away from original television shows and…
UnitedHealth taps insider to replace slain executive as CEO of insurance unit
(Reuters) -UnitedHealth Group on Thursday named Tim Noel, the head of its Medicare business, to the top job at its…
Trump signs order to create cryptocurrency working group
By Hannah Lang and Trevor Hunnicutt (Reuters) -U.S. President Donald Trump on Thursday signed an order to create a cryptocurrency…
OpenAI unveils tool to automate web tasks as AI agents take center-stage
(Reuters) – Generative artificial intelligence heavyweight OpenAI on Thursday previewed an AI agent that can carry out tasks on the…