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Business
Several companies must face lawsuit over tainted baby food, US judge rules
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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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US labor market remains stable, but job opportunities limited
The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in...
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Wall Street gains with all eyes on Fed rate decision
Wall Street's main indexes rose on Wednesday ahead of the Federal Reserve's widely anticipated monetary policy decision.
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Nasdaq to open Texas headquarters as companies relocate to state
Nasdaq said it would open a regional headquarters in Texas, deepening its presence in a state that is fast emerging as a major financial hub rivaling ...
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US retail sales rebound moderately; underlying trend remains firm
Retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy...
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Investors, advisors flock to ‘buffer’ ETFs as markets sell off
Investors are increasingly taking refuge from the tumultuous U.S. stock market by pouring into a type of ETF that offers a tradeoff, a cap on potentia...
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US weekly jobless claims fall amid labor market stability
The number of Americans filing new applications for unemployment benefits fell last week, but sharp government spending cuts and an escalating trade w...
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US job openings increase in January; layoffs decline
Job openings, a measure of labor demand, rose 232,000 to 7.740 million on the last day of January, the Labor Department's Bureau of Labor Statistics s...
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Nasdaq falls over 3% to six-month low on growth concerns
The tech-heavy Nasdaq led a selloff among Wall Street's main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark ...
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