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DHL to suspend global shipments of over $800 to US consumers
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DHL blamed the halt on new U.S. customs rules which require formal entry processing on all shipments worth over $800.
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US single-family housing starts tumble to an eight-month low in March
U.S. single-family homebuilding plunged to an eight-month low in March and could decline further as tariffs on imported materials raise costs and offs...
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BofA stock surges after boosting profit on trading gains, interest income
Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul....
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Google lays off hundreds of employees in Android, Pixel teams, The Information reports
The cuts in the division follow Google's January buyout offers to employees in the unit.
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Prada buys Versace to create Italian fashion powerhouse
Prada struck a $1.375 billion deal to buy smaller rival Versace, including its debt, in a move that unites two of the biggest names in Italian fashion...
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Several companies must face lawsuit over tainted baby food, US judge rules
A U.S. judge said several companies including Walmart, Beech-Nut and Gerber must face a nationwide lawsuit claiming that toxic heavy metals contaminat...
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Top officials to leave US SEC’s anti-bribery unit, sources say
The top two leaders of the U.S. Securities and Exchange Commission's foreign corrupt practices unit are leaving the agency.
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GM’s first-quarter US auto sales rise nearly 17%
General Motors reported an about 17% rise in first-quarter U.S. sales, helped by demand for its pickup trucks and affordable crossover SUVs.
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As ‘Buy Canadian’ grows, more US companies say retailers turning away their products
By Siddharth Cavale, Nivedita Balu and Jessica DiNapoli March 31, 2025 – 1:25 PM UTC TORONTO/NEW YORK (Reuters) – The “Buy Canadian”…
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Walmart Mexico to invest $6 bln in 2025
Walmart's Mexico unit said it would invest more than $6 billion in the country this year, around triple its planned spending from the year before.
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Wall Street job cuts loom as market turmoil stalls deals
U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts ...
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Kroger countersues rival Albertsons after demise of $25 billion merger
Kroger countersued Albertsons, escalating a legal battle between the companies following the collapse of their proposed $25 billion merger in December...
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US Supreme Court turns away casino mogul Wynn’s bid to challenge NY Times v. Sullivan defamation rule
The justices declined to hear an appeal by Wynn of a decision by Nevada's top court to dismiss his defamation suit against the AP and one of its journ...
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Unclear when Heathrow will re-open as closure causes global turmoil
Britain's Heathrow said on Friday it was unclear when Europe's busiest airport would be able to re-open after a fire knocked out its power.
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