US business equipment borrowings up 11% in May, ELFA says
(Reuters) – U.S. companies borrowed 11% more to finance equipment investments in May compared to a year ago, industry body…
Year: 2024
Canada considers imposing import tariffs on Chinese EVs
By David Ljunggren and Ismail Shakil OTTAWA (Reuters) -Canada is considering whether to impose import tariffs on Chinese-made electric vehicles…
Paramount Global to raise prices for its streaming plans
(Reuters) – Paramount Global is raising subscription rates for its flagship streaming services, the media giant said on Monday, as…
Microsoft-G42 deal positive because it cut Huawei ties, White House official says
WASHINGTON (Reuters) – A Microsoft deal to invest $1.5 billion in G42 is “generally a positive development” because it forced…
Hunter Biden requests new federal gun trial
By Jack Queen WASHINGTON (Reuters) -Lawyers for Hunter Biden, the son of U.S. President Joe Biden, said on Monday his…
German trade focus could pivot from China to US
By Maria Martinez BEIJING (Reuters) – Economy Minister Robert Habeck will underline Germany’s resolve to pursue commercial links with China…
Analysis-Nvidia’s staggering gains leave investors wondering whether to cash in or buy more
By Lewis Krauskopf NEW YORK (Reuters) – The huge rally in Nvidia Corp’s shares has investors weighing whether to cash…
Conservative billionaire Timothy Mellon gives $50 million to pro-Trump super PAC
By Jason Lange (Reuters) – Conservative billionaire Timothy Mellon, an heir of the Pittsburgh-based Mellon banking family, gave $50 million…
Record high prices, rising mortgage rates dampen US home sales
By Lucia Mutikani WASHINGTON (Reuters) -U.S. existing home sales fell for a third straight month in May as record-high prices…
US DOJ drops claims that TikTok misled US consumers in lawsuit, Bloomberg News reports
(Reuters) – The U.S. Department of Justice will not pursue allegations that TikTok misled U.S. consumers about their data security…