WASHINGTON (Reuters) – Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that…
Month: January 2025
Trump’s tariff threat spurs auto suppliers to rethink production plans
By Abhirup Roy LAS VEGAS (Reuters) -Global auto suppliers are working out how much of their production can be moved…
Jefferies’ profit jumps on investment banking windfall
By Pritam Biswas and Lananh Nguyen (Reuters) -Jefferies Financial’s profit more than tripled in the fourth quarter as the investment…
China inflation lands amid global bond turmoil
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. China’s latest inflation figures are out…
Wall Street cuts Exxon earnings views after fourth-quarter snapshot
By Sheila Dang and Mrinalika Roy HOUSTON (Reuters) -Analysts on Wednesday lowered their fourth-quarter earnings estimates for Exxon Mobil, the…
Shareholders urge UnitedHealth to analyze impact of healthcare denials
By Amina Niasse and Ross Kerber NEW YORK / BOSTON (Reuters) – UnitedHealth Group shareholders on Wednesday said they requested…
JPMorgan files two lawsuits against Greece’s Viva Wallet as legal saga continues
ATHENS (Reuters) – Wall Street bank JP Morgan has filed two lawsuits over its investment in fintech Viva Wallet, the…
Factbox-Who’s in the frame to be Lebanon’s next president?
BEIRUT (Reuters) – Lebanon’s parliament will attempt to elect elect a new head of state on Thursday, with officials seeing…
Amazon, MercadoLibre to benefit from Mexico import tariffs, Itau BBA says
SAO PAULO/MEXICO CITY (Reuters) – E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into…
Berkshire shareholder seeks committee to oversee AI at Buffett’s company
By Jonathan Stempel (Reuters) – A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with…