Top vaccine official Peter Marks forced out at FDA, WSJ reports
(Reuters) -The U.S. Food and Drug Administration’s top vaccine official, Peter Marks, has been pushed out, the Wall Street Journal reported on Friday.Marks, who played a key role in U.S. President Donald Trump’s first term in developing COVID-19 vaccines,...
No sign Trump will honor US auto tariff protections won by Canada, Mexico in 2018
By David Lawder and David Shepardson(Reuters) – Canada and Mexico won protections against potential new U.S. auto tariffs in 2018 as part of the U.S.-Mexico-Canada Agreement on trade, but there is no evidence that President Donald Trump will honor those...
IMF assessing Trump tariff plans but does not see US recession
WASHINGTON (Reuters) -The International Monetary Fund is continuing to assess the impact of President Donald Trump’s tariff plans, including his new 25% autos tariffs, but the IMF’s baseline forecasts do not envision a U.S. recession, IMF spokesperson...
H&M reports sluggish start to spring sales
By Helen ReidLONDON (Reuters) -H&M’s sales were up just 1% in March after a weaker than expected first quarter, the Swedish fast-fashion retailer reported on Thursday, in a sign of a slow start to its spring and summer season.H&M has ramped up marketing...
Bank bosses call for softer rules, Trump-nominated regulators listen
By Lananh Nguyen, Pete Schroeder and Tatiana BautzerNEW YORK (Reuters) – U.S. banking giants are pushing for a swath of lighter regulations from President Donald Trump’s administration, and say they are heartened by signals that regulators are...
As Trump cuts funding, Ukrainians wonder who will answer for kids abducted in war
By Max HunderKHERSON, Ukraine (Reuters) – When he learned that U.S. President Donald Trump had suspended funding for a Yale University research project into Russia’s abduction of children from Ukraine, Volodymyr Sahaidak wondered if the perpetrators would...
Former Meta executives raise $15 million for AI assistant startup
By Anna TongSAN FRANCISCO (Reuters) – Two former Meta artificial intelligence executives have raised $15 million for Yutori, a startup that will develop AI personal assistants, the company said on Thursday.The round was led by Rob Toews at Radical Ventures, with...